Canadian Stock of the Day Update

At the start of this week, I hold no positions in this portfolio.  So far, I have had three stocks up, two at even, and now another one up... for an overall profit of 7.5%.

I chose ATH.TO on June 29th @ $15.17 and it closed today @ $15.20, an even trade for now.  I'm keeping my stop loss @ $14.99.

I chose TDG.TO on June 30th @ $8.30 with a stop loss @ $8.21 and it triggered, closing the day @ $8.38, a 1% gain.

With the Canadian markets closed on July 1st, I'll be back this weekend with a new pick for Monday.  See you then!

Canadian Stock of the Day Pick for June 30, 2011

At the start of this week, I hold no positions in this portfolio.  So far, I have had three stocks up, one at even, and now another one up... for an overall profit of 7.2%.

June 29th, I chose ATH.TO @ $15.17 with a stop loss @ $14.99.  It triggered and closed up @ $15.28, a 0.7% gain.

For June 30th, I'm choosing TDG.TO @ $8.30 with a stop loss @ $8.21.

See you tomorrow!

Canadian Stock of the Day Pick for June 29, 2011

At the start of this week, I hold no positions in this portfolio.  So far, I have had two stocks up, one at even, and now another one up... for an overall profit of 6.5%.

June 28th, I chose TOU.TO @ $30.17 with a stop loss @ $29.87 and it did not trigger.

For June 29th, I'm choosing ATH.TO @ $15.17 with a stop loss @ $14.99.

See you tomorrow!

Canadian Stock of the Day Pick for June 28, 2011

At the start of this week, I hold no positions in this portfolio.  So far, I have had two stocks up, one at even, and now another one up... for an overall profit of 6.5%.

June 27th, I chose IMX.TO @ $30.20 with a stop loss at $29.89 and it did not trigger.

For June 28th, I'm choosing TOU.TO @ $30.17 with a stop loss @ $29.87.

See you tomorrow!

Canadian Stock of the Day Pick for June 27, 2011

Another week done... another week ahead.  So, brush yourself off and see if these strategies work for you this week.

At the start of this week, I hold no positions in this portfolio.  So far, I have had two stocks up, one at even, and now another one up... for an overall profit of 6.5%.

For June 27th, I'm choosing IMX.TO @ $30.20 with a stop loss at $29.89.

See you tomorrow!

Canadian Stock of the Day Pick for June 24, 2011

A rise and a fall... either way, I put money in my pockets.

For June 21st, I chose SLW.TO @ $30.76.  While it actually ended up today, it triggered my stop loss at $31.08 for a guaranteed profit of 1%.  

June 22nd, I chose ELD.TO @ $13.93 with a stop loss @ $13.78.  It triggered and closed @ $14.43, a gain of 3.6%.  I raised my stop loss to $14.14 and it opened below that @ $14.07, triggering the sale at that price for a gain of 2.1%.

For June 23rd, I chose TDG.TO @ $8.62 with a stop loss of $8.53 but it did not trigger.

For June 24th, I'm choosing GIB.A.TO @ $21.26 with a stop loss of $12.14.  This is a fairly conservative pick that will move relatively slowly compared to several other opportunities.

So far, I have had two stocks up, one at even, and now another one up... for an overall profit of 6.5%.

See you tomorrow!

Canadian Stock of the Day Pick for June 23, 2011

There was a little optimism today... and I profited from it.

For June 21st, I chose SLW.TO @ $30.76.  I triggered @ $30.78 and rose to $31.86 for a profit of 3.5%.  I'm raising my stop loss to $31.08 for a guaranteed profit.

June 22nd, I chose ELD.TO @ $13.93 with a stop loss @ $13.78.  It triggered and closed @ $14.43, a gain of 3.6%.  I'm raising my stop loss to $14.14.

So far, I have had two stocks up, one at even, and now another one up... for an overall profit of 10.5%.

For June 23rd, I'm choosing TDG.TO @ $8.62 with a stop loss of $8.53.

See you tomorrow!

Canadian Stock of the Day Pick for June 22, 2011

There was a little optimism today... and I profited from it.

For June 21st, I chose SLW.TO @ $30.76.  I triggered @ $30.78 and rose to $32.02 for a profit of 4%.  I'm raising my stop loss to $31.08 for a guaranteed profit.

So far, I have had one stock up, one at even, and now another one up... for an overall profit of 7.4%

For June 22nd, I'm choosing ELD.TO @ $13.93 with a stop loss @ $13.78.

See you tomorrow!

Canadian Stock of the Day Pick for June 21, 2011

We continue to battle depressed market conditions... and I suspect it will continue in the days ahead.

• For June 16th, I chose MG.TO @ $44.99 with a stop loss @ $44.50.  It triggered and closed Friday @ $47.47, a 5.5% gain.  On Monday, it triggered my stop loss of $46.52 by 2 cents... for an overall profit of 3.4%.
• For June 17th, I chose CGX.V @ $25.56 and it closed @ $25.46, triggering my stop loss for a basically break even trade. 
• For June 20th, I chose TOU.TO @ $29.70 with a stop loss @ $29.40 which didn't trigger.

So far, I have a running profit of 3.4%.

For June 21st, I'm choosing SLW.TO @ $30.76 with a stop loss of $30.44.

See you tomorrow!

Canadian Stock of the Day Pick for June 20, 2011

We continue to battle depressed market conditions... and I suspect it will continue in the days ahead.

• For June 16th, I chose MG.TO @ $44.99 with a stop loss @ $44.50.  It triggered and closed Friday @ $47.47, a 5.5% gain.  I'll move my stop loss up to $46.52.
• For June 17th, I'm choosing CGX.V @ $25.56 and it closed @ $25.78.  I'll move my stop loss up slightly to $25.49.
• For June 20th, I'm choosing TOU.TO @ $29.70 with a stop loss @ $29.40.

See you tomorrow!

Canadian Stock of the Day Pick for June 17, 2011

We continue to battle depressed market conditions... and I suspect it will continue in the days ahead.

• For June 16th, I chose MG.TO @ $44.99 with a stop loss @ $44.50.  It triggered and closed @ $45.15, a minuscule 0.3% gain.  But a gain is a gain... and so I'll hold my stop loss where it was originally set.
• For June 17th, I'm choosing CGX.V @ $25.56 with a stop loss @ $25.30.

So really, the running tally still reads EVEN.

See you tomorrow!

Canadian Stock of the Day Pick for June 16, 2011

Beware of a one day result... it doesn't mean this longer term downward trend is done.

The benefit of the strategy I'm using on this site is when the markets fall, we protect our capital... and when they rise, we have the opportunity to see profits.

• For June 16th, I'm choosing MG.TO @ $44.99 with a stop loss @ $44.50.

So far, the running tally reads EVEN.

See you tomorrow!

Canadian Stock of the Day Pick for June 15, 2011

Beware of a one day result... it doesn't mean this longer term downward trend is done.

The benefit of the strategy I'm using on this site is when the markets fall, we protect our capital... and when they rise, we have the opportunity to see profits.

• For June 15th, I'm choosing NA.TO @ $78.57 with a stop loss @ $77.78.

So far, the running tally reads EVEN.

See you tomorrow!

Canadian Stock of the Day Pick for June 14, 2011

Good day...

Well, for such terrible markets, we are off to a good start.  

• LIF.UN.TO - which triggered a few days ago, sold at the purchase price for a break even trade with no risk.
• June 13th's order did not trigger...
• For June 14th, I'm choosing TCM.TO, a great stock at a substantial discount.  Buy price of $9.63 and a stop loss set at $9.52.

So far, the running tally reads EVEN.

See you tomorrow!

Canadian Stock of the Day Pick for June 13, 2011

Good day...

Well, for such terrible markets, we are off to a good start.  

• LIF.UN.TO - triggered a buy on June 10 at $66.40, ending the day at $67.01.  I'm placing my stop loss at the purchase price of $66.40.
• For June 13th, I'm keeping my AVL.TO order @ $6.35 (stop loss at $6.25).  Let's face it... for a horrible day for commodities, this one held up just fine.   

So far, the running tally reads UP 1%.

See you tomorrow!

Canadian Stock of the Day Pick for June 11, 2011

Good day...

Well, for such terrible markets, we are off to a good start.  

• LIF.UN.TO - triggered a buy on June 10 at $66.40, ending the day at $67.01.  I'm placing my stop loss at the purchase price of $66.40.
• For June 11th, I'm keeping my AVL.TO order @ $6.35 (stop loss at $6.25).  Let's face it... for a horrible day for commodities, this one held up just fine.   

So far, the running tally reads UP 1%.

See you tomorrow!

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!
 

Canadian Stock of the Day Pick for June 9, 2011

Here's some things you need to know as you follow along:

• These are not recommendations.  I'm not a professional financial advisor and I do not make recommendations.  These are my personal picks that I share with you for entertainment purposes only.  
• These are short term picks.  Personally, I prefer to use a Weekly approach, based on strong fundamentals and weekly technical indicators.  In fact, I've been quite successful in presenting weekly picks to my subscribers at www.investinthemarkets.com.  But, if you're looking for something a little more "active" than this might be a great place for you too.
• Stop losses are necessary.  I'll always place a stop loss on every trade... to minimize my risk while allowing for maximum returns.  
• US and Small Cap stock picks are also available.  For those looking for other options, consider the following sites:
• http://smallcapstockoftheday.blogspot.com/
• http://usstockoftheday.blogspot.com/

If you ever have any questions, feel free to email me at contactdoctorstock@gmail.com.

Now, for the June 9, 2011 Canadian Stock of the Day Pick.

• For June 9th, I'm choosing LIF.UN.TO @ $68.58 (stop loss at $67.88).

See you tomorrow!

Canadian Stock of the Day Pick for June 8, 2011

Please join me later this week for an explanation of how this works... for now, please not these are not recommendation, just my personal picks.

Talisman (TLM.TO) - Buy @ $19.87 (stop loss @ $19.60).

See you tomorrow!