Today's Stock Pick: Ryland Group Inc (RYL)

Hi, I don't really like today as the broad market goes down. But it does not matter for me because I don't trade stocks for short term and I also set stop loss to all my stocks. Virtually, I just bought Ryland Group Inc (RYL) at $34.39 each because it just bounced from its bullish price channel. How about my temporary target price? I think it would reach $39 in about two to three weeks from now. Now I hold six stocks in my hand and let's see the growth. I will do a consistent evaluation to improve my trading skill. :)

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Stock Picks Review for Dec 12, 2012

Hi fellow trader, I just bought another stocks (virtually) in the first trading session. They are Beacon Roofing Supply Inc (BECN - I bought it at $32.42), Cloud Peak Energy Inc (CLD - bought it at $20.16) and Wynn Resorts Ltd (WYNN - at $111.89). All of them formed bullish price channel and their price just rebounded from their channels' support. With those added stocks, I now have a portfolio of 5 stocks. Now I will set a stop loss for each stock, so I do not have to monitor my stocks all the time. :)

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Stock Tips for Dec 10, 2012

Hello, this is my first post after I left this blog in mid 2010. I apologize for that, it's because I have to study for my degree. I just finished my bachelor degree so I can spend some of my time to give daily stock tips for you. Actually I just made a virtual trading account, and I have $200k in my virtual account. But I will just use $5k to trade (one of the reason is because someday I want to start my real account with a small account of fund, so I have to use a small money in my virtual account too). Okay let's straight to the point. I just bought Analog Devices Inc. (ADI) at $41.42 because it formed a cup with handle pattern (started from September), and today it breaks the resistance and makes a new 52 week high. The other stock is The Dow Chemical Company (DOW) at $30.575 because it broke the falling wedge pattern on last Friday. The price is still moving up today so I think it would continue to rise. Okay those are my "first" stocks to start my virtual account, stay tuned and we will see how I grow my account. See you!

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