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, August 10, 2011

US Stock of the Day for August 10, 2011

As many leading, fundamentally strong, stocks find new lows (at least in recent months)
You may be interested in this article on "Creating a Stock Watch List."

Yesterday was great...
August 9th, I chose GMCR @ $93.88 with a stop loss @ $92.94.  "Perhaps this guy will perk up in the morning and last all day!" and it did.  I triggered and rose to $99.49, a 6% gain.  I'm moving my stop loss up to $96.51.

For August 10th, I'm choosing HLF @ $57.23 with a stop loss @ $56.66.  Hopefully the markets are feeling healthy for a day or two!
OVERALL 

The Overall total return is 70.8% since my first purchase approximately 7 weeks ago.


So far... 9 winners... 2 even... and 8 losers (at -1% each, and one at 0.3%) 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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2 comments:

  1. sAugust 10, 2011 at 5:03 AM

    The sale also triggered though around 2:45pm.

    ReplyDelete
  2. Doctor StockAugust 10, 2011 at 6:58 PM

    My apologies... hard drive crashed yesterday and I lost my charts, etc. I'm working to correct things... the adjustment has been made to the totals, etc. Wow, what a violent day... even crashed my computer!

    ReplyDelete

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