Canadian Stock Pick of the Day - Understanding How it Works

Canadian Stock of the Day is for traders who are looking for a Canadian Stock to trade each day. I base my picks on Canadian Stocks I follow on the TSX or Venture Exchange, 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 US stock of the Day, look at http://usstockoftheday.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

Canadian Stock of the Day for February 22, 2011

Markets were closed Monday.

Here's what is currently held:

February 15, 2011 triggered a buy of YRI.TO at $12.03 which closed Friday at $12.18, a modest gain of 1.2%.  I'm setting the stop loss for $12.10.

February 16, 2011 I caught HCG.TO at $57.98 and it rose to $58.68, a gain of 1.2%.  I'm setting the stop loss for $58.20.


Now, for February 22, 2011... I'm choosing NKO.TO @ $84.28 with a stop loss @ 83.40.

Join me Monday night for Tuesday's Canadian Stock of the Day!
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