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 19, 2011

US Stock of the Day for July 20, 2011

Welcome back to US Stock of the Day

Interesting week... with world news driving markets one day and earnings trumping global news the next.

FOSL - purchase on June 27 @ $114.11 sitting today @ $134.29, a 17.7% gain.  I'm raising my stop loss to $125.95.

ISRG - purchase on July 18 @ $362.94 closing today @ $374.90, a 3.3% gain.  I'm raising my stop loss to $364.95.

SBUX - purchase on July 19 @ $40.03 closing today @ $40.32, a minor gain that I'll call even for now.  I'm raising my stop loss to $39.91.

For July 20th, I'm choosing DECK @ $95.78 with a stop loss @ $94.82.


OVERALL 

The Overall total return is 64.3% since my first purchase approximately one month ago.


So far... 7 winners... 3 even... and 4 losers (at -1% each) for a great overall profit.

I would encourage you, especially if you're looking for a more stable, weekly approach to trading, to look at http://www.investinthemarkets.com/.  

See you tomorrow!
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