Just as Greece seems to find some footing, the President sends his budget to Congress who were poised with guns drawn, ready to kill it as it enters the doors... sadly, we are about to enter another political squabble at the expense of the average person.
Nevertheless, we continue to make great gains... I even jumped into a couple new positions including JAZZ today and CAT. I'll keep tight stop losses, but watch them climb if they do... I suspect with one more positive day, I'll have no risk again... only profits.
Learning to be selective is critical, so I thought I'd take advantage of JAZZ's 3 day pullback... even if it is only of 4% or so.
Lots of ideas and resources are available as always at Invest in the Markets. Be sure to check out the stock tracker!
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.