US Stock of the Day - Understanding How it Works

US Stock of the Day is for traders who are looking for a US Stock to trade each day. I base my picks on US Stocks I follow on the Nasdaq, Dow, S&P and other indices such as the Russell 1000, etc., watching for a swing in the momentum upward. I keep a tight stop loss on all trades to minimize my risk... and allow the great stock trades to continue rising. These are not recommendations... merely entertainment. Please see the warning at the bottom of this page.

If you have any questions, don't hesitate to contact me @ contactdoctorstock@gmail.com. For a Canadian stock of the Day, look at http://canadianstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Tuesday, July 12, 2011

US Stock of the Day for July 13, 2011

Welcome Back...

Oops... I did it again... and wrote the 12th instead of the 13th... here's the 13th info...

Let's take a look at what we hold...

GMCR - purchase on June 14 @ $76.23 sitting today @ $89.76, a 17.8% gain.   The first 1/2 stop triggered @ $93.02, a 22% gain while holding the other 1/2 with a stop loss @ $87.67.

FOSL - purchase on June 27 @ $114.11 sitting today @ $125.58, a 10% gain.  I'm keeping my stop loss to $119.82.

VMED - short on July 11 @ $28.62.  It sits @ 27.66, a 3.5% gain.  I'm adjusting my stop loss to $28.21.

July 12th, I chose CMG @ $328.46 with a stop loss @ $325.18.  It did not trigger.

For July 13th, I'm keeping my CMG order, but with a new price @ $325.50 with a stop loss @ $322.25.

OVERALL 

The Overall total return is 60.4% since my first purchase approximately one month ago.


So far... 6 winners... 1 even... and 3 losers (at -1% each) for a great overall profit.

See you tomorrow!
Posted by at
Labels: , , ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)