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.

Thursday, August 25, 2011

US Stock of the Day for August 26, 2011


Is there any question that we are still in a market correction?

Friday will be very interesting... I wonder if people really believe anything the Fed does can really have a lasting impact now, after two years of policies and spending to end up at this point...

August 25th, I chose KFT @ $34.52 with a stop loss @ $34.17.  It did not trigger.

For August 26th, I'm choosing SH @ $46.03 with a stop loss @ $45.52.  This is based on a hunch that the markets will remain unimpressed with whatever the Fed presents.


OVERALL 

The Overall total return is 72.8% since my first purchase in June.


So far... 8 winners... 2 even... and 11 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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