Day Trading Stock Picks for This Week - Tuesday, August 1

Day trading stock picks likely to move big (up or down) during the week of August 1: HTZ, WLL, SPN, OAS, AKS, CLF and few that are usually good day trading candidates:SPY, BAC, plus several others

Hertz Global Holdings (HTZ)

Average day range (30) is 7.41% and average volume (30) is 10.3 million.

(Click on image to enlarge)

Whiting Petroleum (WLL)

Average day range (30) is 6.42% and average volume (30) is 22.7 million.

(Click on image to enlarge)

Superior Energy Services (SPN)

Average day range (30) is 6.32% and average volume (30) is 5.1 million.

(Click on image to enlarge)

Oasis Petroleum (OAS)

Average day range (30) is 5.45% and average volume (30) is 9.2 million.

(Click on image to enlarge)

AK Steel (AKS)

Average day range (30) is 5.2% and average volume (30) is 22.1 million.

(Click on image to enlarge)

Cliffs Natural Resources (CLF)

Average day range (30) is 5.14% and average volume (30) is 13.5 million.

(Click on image to enlarge)

AMD and MOMO dropped off the list, as their average volatility/daily movement has dropped slightly below 5% per day. CBI is still moving well, but average volume has dropped below 4 million.

Other Good Day Trading Stocks and ETFs

These stocks and ETFs typically move enough to create intra-day trends, and have ample volume. These are solid day trading stocks, that tend to have some good intra-day movement, but that aren’t quite as volatile as the stocks above.

S&P 500 SPDR ETF (SPY)

Bank of America (BAC)

Another option is to look for stocks with large daily moves in dollar terms (for example, the price typically moves $1.50 a day and does at least 5 million in volume). This type of screen will also tend to produce stocks that provide ample volatility for trading the intraday price moves.These stocks are typically higher priced, and include Apple (AAPL), Nvidia (NVDA), AliBaba Group(BABA) and Facebook (FB).