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.

Wednesday, July 13, 2011

US Stock of the Day for July 14, 2011

Welcome Back...

Let's take a look at the portfolio...

GMCR - purchase on June 14 @ $76.23 sitting today @ $90.53, a 18.8% gain.   The first 1/2 stop triggered @ $93.02 on July 13th, a 22% profit while raising the other 1/2 with a stop loss to $88.58.

FOSL - purchase on June 27 @ $114.11 sitting today @ $128.58, a 12.7% gain.  I'm raising my stop loss to $122.50.

VMED - short on July 11 @ $28.62.  It triggered the stop loss @ $28.21 today, for a 1.5% gain.   

July 13th, I chose CMG @ $325.50 with a stop loss @ $322.25.  It triggered and closed the day a fraction down @ $325.18 for what I'll call even for now.  I'm keeping my stop loss in place.

For July 14th, I'm choosing MCP @ $55.64 with a stop loss @ $55.08.

OVERALL 

The Overall total return is 61.6% since my first purchase approximately one month ago.


So far... 6 winners... 2 even... and 3 losers (at -1% each) for a great overall profit.

See you tomorrow!
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