Algiz is the Rune of Protection and defense. When I was first studying runes, I learned that the symbol represents a type of tall sawgrass called 'Elk's Hedge'. Wild animals--elk, foxes, rabbits, and the like, used to run into clusters of elk's hedge to escape hunters. Animals could move freely through the plants, but clumsy humans would always get cut on the edges, and as they could not pursue game there came no point in downing an animal if they entered such a thicket. There are two runes of protection, and as such I have found that this one usually means receiving protection from outward sources. This could mean an older sibling beat up your bully at school, or even that the gods are looking out for you. Algiz is always a rune I like to have on my side.
Algiz is the rune of the day because I feel I could really use some protection right now. With money issues and rent coming up... It'd be nice to know someone's looking out for me. I know that someone always is looking out for me...my amazing boyfriend. But when we're both caught in the same mess, it'd be comforting to know that we'll both be safe.