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.

Friday, November 11, 2011

US Stock of the Day for November 14, 2011

This is not a prediction... more like a hunch...


Which means you shouldn't take this seriously. But I have a feeling that we're about to see 6 weeks of better than average (compared with this year so far) market conditions... by the end of the year, I suspect we'll be at least 5% above today's levels on all the major markets. If the world leaders keep their mouths shut, we'll maybe even see levels 10% above today's level. But who knows! Not me!

Let's take a look at how we sit at the end of today...

November 11th, I chose AZO @ $331.71. It triggered and now sits @ $337.66, a 1.8% gain. I'll protect my capital and call for a $332.21 stop loss.

November 14th, I'm choosing RVBD @$29.18.


OVERALL 

The Overall total return is 73.8% since my first purchase in June.


So far... 21 winners... 5 even... and 20 losers (at approx. -1% each, and one at 0.3%) for a great overall profit.

I'd encourage you to visit Invest in the Markets for great educational articles, stock analysis, and trading strategies. It's a great site no matter how new or experienced you are as a trader.

See you tomorrow!

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