I've shifted recently out of many of my positions... and am flirting with new purchases in several inverse funds including PSQ, HXD.TO, and others. With the markets a little frustrated with the re-emergence of Greek rhetoric and an element of uncertainty rising again, caution is wise.
Some of the longer term positions continue to rise (strong names like Whole Foods Market) but even those may struggle a little if the market pressure mounts. Time will tell... and we won't predict what's going to happen, but we will be prepared.
Have a great weekend!
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.
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