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, September 28, 2011

US Stock of the Day for September 29, 2011

POP
Went the balloon of hope...

But that's not to say they won't float another one tomorrow.

September 26th, I chose XOM @ $70.80.  My most recent stop loss was $72.31, which it triggered today for a 2.1% gain.

September 27th, I chose JAZZ @ $44.68.  It triggered I set my stop loss @ $44.43, which it triggered today for a 0.5% loss.

September 28th, I chose MA @ $344.50.  It did not trigger, protecting capital once again.

September 29th, I'm choosing AZO @ $328.81. 

OVERALL 

The Overall total return is 67.8% since my first purchase in June.


So far... 13 winners... 4 even... and 16 losers (at approx. -1% each, and one at 0.3%) for a great overall profit.

See you tomorrow!

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