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.

Monday, February 21, 2011

US Stock of the Day for February 22, 2011

Markets were closed Monday.

Here's where we stand...


SWKS triggered on February 16th at $36.70 and pulled back by the end of the week a little, closing at $36.65 (basically even).  I'm keeping my stop loss order at $36.30.

On February 15th, OXY triggered a buy at $102.27 and it closed Friday (4 days later) at $107.37 for a 5% gain.  At this point, it doesn't look like it's done running... so I'm holding on with two stop losses for each half.  The first is @ $106.50 and the second is @ 102.95.


For February 22, 2011 I'm choosing VIT at $32.85 with a stop loss order at $32.40.  

Join me tomorrow for the next pick.
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2 comments:

  1. sFebruary 22, 2011 at 6:49 AM

    Is that a Buy order with a Stop Loss of $32.85 for VIT? and then a Stop Loss sell of $32.40?

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  2. Doctor StockFebruary 22, 2011 at 6:51 PM

    The buy price would be at $32.85 with the stop loss order being placed at $32.40. In this case, it never reached the buy price so it avoided the purchase triggering.

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