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, November 17, 2011

US Stock of the Day for November 17, 2011

Markets Dropping...

November has been brutal... now lower than it's open.

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

November 14th, I chose RVBD @$29.18. It triggered the stop loss @ $29.18 to preserve our capital. 

November 15th, I chose HLF @ $57.85. It triggered and closed at $57.91. It seems markets will pull back, so I'm setting the stop loss at the purchase price. It triggered to preserve our capital.

November 16th, I chose SH @ $41.64. It closed @ $41.49. I'll set my stop loss @ $41.25.

November 17th, I'm choosing TD @ $71.75.



OVERALL 

The Overall total return is 70.6% since my first purchase in June.


So far... 22 winners... 7 even... and 21 losers (at approx. -1% each) 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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