US Stock of the Day - Understanding How it Works

US Stock of the Day is for traders who are looking for a US Stock to trade each day. I base my picks on US Stocks I follow on the Nasdaq, Dow, S&P and other indices such as the Russell 1000, etc., 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 Canadian stock of the Day, look at http://canadianstockoftheday.blogspot.com. Also, you may not be a short-term trader... for more stable, longer-term trades, check out http://investinthemarkets.com.

Wednesday, February 16, 2011

US Stock of the Day for February 17, 2011

LVS climbed slowly today... now up from the initial purchase on February 14th at $47.71 to a modest $48.27, up 1.2%.  I'm budging my stop loss to $47.75.

OXY triggered on February 15th at $102.27 and was up, closing the day at $105.02, a modest 2.7%.  I'm adjusting my stop loss order to $103.50.

SWKS triggered on February 16th at $36.70 and pulled back a little during the day, closing at $36.66 (basically even).  I'm keeping my stop loss order at $36.30.

For February 17th:

HPQ - with a buy order at $49.50 and a stop loss order at $49.00.

Good luck... see you tomorrow!
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