Looks like somebody thinks McKesson is going to release some very good quarterly results next week. The stock is up 4% this morning, after having already gained 10% over the past three weeks. Now that MCK is above our original target price of $169, I’m raising the stop price to that level to lock in our target profit in this position with five weeks remaining in our target holding period.

NOTE: Unless my stop-loss orders (stock sold at a loss) that are only effective at the closing price, a stop order (stock sold at a gain) is effective throughout the trading day and can be exercised at any time the stock trades down to that price.