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, September 22, 2011

US Stock of the Day for September 22, 2011

I mentioned two weeks ago to my Weekend Newsletter Subscribers (@ Invest in the Markets) that the Monthly technicals on the major indices had crossed down.  This signals a major move down... yet to come.  It seems it is getting closer now that the markets can see how there's little the Fed can do to help the economy in light of all the world crises.

Sorry, but Blogger continues to pose challenges for me... posts are being delayed... but I'm working on it.

September 20th, I chose NUS @ $45.29.  It triggered and closed @ $45.97, a 1.5% gain.  I'm setting the stop loss @ $45.52.  It triggered for a 0.5% gain.

September 21st, I chose SH @ $44.03.  It rose to $44.92, a 2% gain.  I'm setting my stop loss @ $44.47 but expecting it to climb nicely.

September 22nd, I'm choosing NFLX @ $135.28 - I think it has been beat up significantly and if the markets rally, which I doubt, it should rise.

OVERALL 

The Overall total return is 64.9% since my first purchase in June.


So far... 12 winners... 4 even... and 15 losers (at approx. -1% each, and one at 0.3%) for a great overall profit.

See you tomorrow!

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