Canadian Stock Pick of the Day - Understanding How it Works

Canadian Stock of the Day is for traders who are looking for a Canadian Stock to trade each day. I base my picks on Canadian Stocks I follow on the TSX or Venture Exchange, 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 US stock of the Day, look at http://usstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Thursday, June 9, 2011

Canadian Stock of the Day Pick for June 10, 2011

Welcome Back...
  • For June 9th, I'm chose LIF.UN.TO @ $68.58 (stop loss at $67.88).  It did not trigger.
  • For June 10th, I'm choosing AVL.TO @ $6.38 (stop loss at $6.25).  
  • I'm also leaving my June 9th order in place, with a minor adjustment to the prices, buying at $66.40 and the stop loss at $65.73.

I think from now on I'll keep a running tally to make it easier for those following to know exactly where we are at.  Watch and see... I suspect we'll be up every month despite market conditions.

See you tomorrow!
 

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