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, September 6, 2011

US Stock of the Day for September 7, 2011

Hope is in the Fed again...

The belief is that they cannot not act... and any stimulus will be good for the markets, at least in the short term.  Time will tell if this is really true.

Let's see where we stand within all this volatility:

September 6th, I chose EGO @ $21.26, closing at $21.36 for what I'll call even for now.  I'm setting my stop loss @ $21.15.

September 7th, I'm going back to GMCR @ $107.62.

OVERALL 

The Overall total return is 75.4% since my first purchase in June.


So far... 10 winners... 3 even... and 11 losers (at -1% each, and one at 0.3%) for a great overall profit.

See you tomorrow!
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