Canadian Stock of the Day Pick for August 2, 2011

Will the Debt Debate come to a Conclusion?

It seems likely... the question is how will the markets fair?  I'm expecting an optimistic day baring any breaking news.

For July 29th, I chose VRX.TO @ $53.94 with a stop loss @ $53.50.  It did not trigger.

For August 2nd, I'm choosing WFE.TO @ $7.21 with a stop loss @ $7.11.

UPDATE

So far, I have had five stocks up, one at even, and five losses.. for an overall profit of 6.3%.   

If your interested in a more stable approach to trading, consider the weekly model at http://investinthemarkets.com/ where we continue to make consistent returns without the stress that the daily markets may cause some investors.  We continue to hold some healthy gains, including one at 35% plus.

See you tomorrow! 

Canadian Stock of the Day Pick for July 29, 2011

The markets are full of emotion... and uncertainty.  

The combination can be dangerous.

For July 28th, I chose VRX.TO @ $54.16 with a stop loss @ $53.61.  It did not trigger.

For July 29th, I'm choosing VRX.TO @ $53.94 with a stop loss @ $53.50.

UPDATE

So far, I have had five stocks up, one at even, and five losses.. for an overall profit of 6.3%.   

If your interested in a more stable approach to trading, consider the weekly model at http://investinthemarkets.com/ where we cashed out (sold) 4 positions last week... for an overall profit.  We continue to hold some healthy gains, including one at 29% plus.

See you tomorrow!