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.

Monday, January 9, 2012

US Stock of the Day for January 9, 2012

Glad to be Back in 2012

Thanks for joining me again in 2012. Last year, I came up with this idea of publicly tracking one stock a day to see what kind of cumulative returns could be made with all eyes on the results. In June 2011, I started and ended the year with over 70% returns. 

This was the inspiration behind the 5 Stock Challenge where I took 5 stocks and traded them for 2 months, with the goal of a 5% cumulative return. Within a month and a half, the goal was accomplished.

So, in 2012, I decided to launch the 10 Stock Challenge, taking 10 stocks and trading them for January - February 2012, with the goal of a 10% cumulative return. So far, in only 4 trading days, we're on track to meet our objectives! You can log in for free and see the results.

This year, at US Stock of the Day, I want to simplify things a little... so I'm going to be choosing less stocks to follow. Each day, I'll have one stock listed... and one inverse position listed. This is to take advantage of whatever market direction occurs.

So, join me, starting Tuesday, January 10th, for the first two stocks. Be sure to visit Invest in the Markets for great research, articles, and ideas... and check here for more fresh content.

Oh, and if you're bored, why not visit my friend's new iPhone game - Booya!
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