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, March 7, 2011

US Stock of the Day for March 8, 2011

On February 24, 2011, I chose RVBD @ $38.59 and it closed today @ $42.40, a 9.9% gain.  I'm splitting my stop loss into two orders.  The first sold on March 7 @ $42.70 for a 10% gain and the second is held at $39.40.

On March 3, 2011, I chose HOOK @ $8.26 and it triggered my stop loss at $8.40 for a 2% gain.

For March 7, 2011, I chose WMT... but it' didn't trigger.

For March 8, 2011, I'm choosing YOKU @ $43.55 with a stop loss at $43.00.

See you tomorrow!
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