Day Trading Stock Picks For This Week - Tuesday, September 5

Day trading stock picks likely to move big (up or down) during the week of September 5: HTZ, CBI, THC, ENDP, OAS, AKS, CLF, SWN, NBR, plus several others.

 

Hertz Global Holdings (HTZ)

Average day range (30) is 8.47% and average volume (30) is 11 million.

CBI Bridge and Iron (CBI)

Average day range (30) is 6.9% and average volume (30) is 5.9 million.

Tenet Healthcare (THC)

Average day range (30) is 5.39% and average volume (30) is 5.5 million.

Endo Pharmaceuticals (ENDP)

Average day range (30) is 5.33% and average volume (30) is 7.5 million.

Oasis Petroleum (OAS)

Average day range (30) is 5.13% and average volume (30) is 8.6 million.

AK Steel (AKS)

Average day range (30) is 4.66% and average volume (30) is 20.5 million.

Clevland Cliffs (CLF)

Average day range (30) is 4.58% and average volume (30) is 10.8 million.

Southwestern Energy (SWN)

Average day range (30) is 4.57% and average volume (30) is 16 million.

Nabors Industries (NBR)

Average day range (30) is 4.51% and average volume (30) is 7.8 million.

Other Good Day Trading Stocks and ETFs

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 also tends to produce stocks that provide ample volatility for trading the intraday price moves.  These stocks are typically higher priced or have experienced a recent price shock. Average True Range is a common indicator that measures daily average movement (in dollars).

Inverse VIX ETF (XIV): ATR (14) is $4.25 and Average Volume (30) is 13.9 million.

AliBaba Group (BABA): ATR (14) is $4.22 and Average Volume (30) is 19.1 million.

Nvidia (NVDA): ATR (14) is $3.77 and Average Volume (30) is 15.4 million.

Facebook (FB): ATR (14) is $2.28 and Average Volume (30) is 16.6 million.

Apple (AAPL): ATR (14) is $2.16 and Average Volume (30) is 26.6 million.

2x VIX ETN (TVIX): ATR (14) is $1.88 and Average Volume (30) is 18.2 million.

Additionally, the stocks and ETFs below typically move enough to create tradable intra-day trends, have ample volume but aren’t quite as volatile as the stocks above.

S&P 500 SPDR ETF (SPY)

Bank of America (BAC)

PowerShares QQQ (QQQ)

5 day, 5-minute, charts provided by TradingView.