US Stock of the Day for June 23, 2011

Well, here's where we stand...

GMCR - purchase on June 14 @ $76.23 sitting today @ $83.75, a 9.9% gain.   I'm keeping my stop loss @ $80.26.

ISRG - purchase on June 17th @ $346.05 and it closed @ $352.52, a 1.9% gain.  I'm keeping my stop loss @ $346.25.

On June 21st, I stuck with SINA @ $82.60.  It triggered and closed the day @ $92.04, a 11.4% gain.  Today, it triggered the sale at my stop loss price, set @ $90.18, for a total return with this position of 9.2%.

On June 22nd, I chose TZOO @ $60.55 with a stop loss @ $59.94.  It opened the day @ $62.39 and, therefore, I did not make the purchase since it was up over 3% of my purchase price.  

I stick to a 2% rule at open... if it looks like it is going to open greater than 2% above my purchase price on a new position, I sit it out... it simply increases the risk more than I'm comfortable.

OVERALL - With one stock closed out at -1%, the Overall total return is 20% so far in difficult market conditions.

So far... 3 winners... 1 loser for a great overall profit.

For June 23rd, I'm choosing SPRD @ $13.83 with a stop loss @ $13.69.

See you on tomorrow!

US Stock of the Day for June 22, 2011

Well, here's where we stand...

GMCR - purchase on June 14 @ $76.23 sitting today @ $82.92, a 8.8% gain.   I'm raising my stop loss slightly to @ $80.26.

ISRG - purchase on June 17th @ $346.05 and it closed @ $351.65, a 1.5% gain.  I'm bumping my stop loss to $346.25.

On June 21st, I stuck with SINA @ $82.60.  It triggered and closed the day @ $92.04, a 11.4% gain.  I'm moving my stop loss up to $90.18.

OVERALL - With one stock closed out at -1%, the Overall total return is 20.7% so far in difficult market conditions.

So far... 3 winners... 1 loser for a great overall profit.

For June 22nd, I'm choosing TZOO @ $60.55 with a stop loss @ $59.94.

See you on tomorrow!

US Stock of the Day for June 16, 2011

For those of you who subscribe to the Weekly Newsletter, you wouldn't be surprised to see the markets down today after that little one day blip.  

For those following this daily approach, here's where we stand:

• For June 14th, I chose GMCR @ $76.23 with a stop loss of $75.45.  
• It triggered and closed today at $79.85, a 4.8% gain.  I'm keeping my stop loss @ $78.33, ensuring a 2.9% profit if it sells off.  If it continues to rise, I'll continue to benefit.
• For June 15th, I chose HLF @ $55.08 with a stop loss of $54.53.  It triggered and sold for a 1% loss.
• For June 16th, I'm choosing TZOO @ $62.33 with a stop loss @ $61.70.

So, our running tally has two purchases for an average return of 3.9%.

See you tomorrow!

US Stock of the Day for June 8, 2011

Well, it took me a while to get settled... and I appreciate your patience.

Watch for a full explanation of this site coming later this week.  Remember, these are not recommendation, merely my personal picks.

For now, here's the stock of the day:

Travelzoo (TZOO) - Buy @ $61.17 (stop loss at $60.25).

See you tomorrow.