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.

Tuesday, February 22, 2011

US Stock of the Day for February 23, 2011

Tuesday dragged everything down... but we still ended up ahead.  Here's how:

SWKS sold out at a .5% loss - not a big deal when most stocks plummeted.
OXY triggered out on both orders, leaving us with a 2.7% gain and NO RISK to ongoing pressures!
VIT never triggered the purchase price of $32.85, so nothing loss there either.

So all in all, it's a profit in the pocket scenario... with no risk to the ongoing market turmoil.

For February 23, 2011, I'm choosing RSW @ $35.25 with a stop loss at $34.90.
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