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.

Friday, July 15, 2011

US Stock of the Day for July 15, 2011

Good morning...

GMCR - purchase on June 14 @ $76.23.   The first 1/2 stop triggered @ $93.02 on July 13th, a 22% profit while the other 1/2 stop loss triggered on July 14th @ $88.58, a 16.2% profit, for an overall profit of 19.1%.

FOSL - purchase on June 27 @ $114.11 sitting today @ $128.03, a 12.2% gain.  I'm keeping my stop loss @ $122.50.

July 13th, I chose CMG @ $325.50 with a stop loss @ $322.25.  It triggered and closed the day a fraction down @ $325.18.  It triggered the stop loss and sold for a 1% loss.  

July 14th, I chose MCP @ $55.64 with a stop loss @ $55.08.  It did not trigger.

For July 15th, I'm choosing ISRG @ $361.95 with a stop loss @ $360.31.

OVERALL 

The Overall total return is 58.8% since my first purchase approximately one month ago.


So far... 6 winners... 2 even... and 4 losers (at -1% each) for a great overall profit.

See you tomorrow!
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