Day Trading Stock Picks For This Week - Tuesday, May 30

Day trading stock picks likely to move big (up or down) during the week of May 30: $FMSA $SN $DYN $HTZ $CLF $OCLR $WLL $AKS $ENDP $MOMO and few that are usually good day trading candidates: $SPY $BAC $WFT

I screen for day trading stocks with a recent history of volatility. That means these stocks are highly likely to move big (up or down–trade the intraday trends) each day for the next week.

A new list is published each Tuesday, before the Open, on VantagePointTrading.com.

What can you expect from the day trading stock picks:

  • greater than 5% moves intraday, on average
  • more than 4,000,000 average volume (typically more)
  • all stocks; no leveraged ETFs
  • Priced between $5 and $150

These are day trading stock picks worth watching. I’m not recommending a specific trade or direction. For some guidance on day trading the stock picks discussed below, see How to Day Trade Stocks in 2 Hours or Less.

Pick a few stocks and trade them; don’t try to trade all of them.

Trading volatile stocks isn’t for everyone. It takes quick reflexes and fast execution to take advantage of the large percentage moves in these stocks.

Day Trading Stock Picks for Week of May 30

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

FMSA Holdings (FMSA)
Average day range (30) is 7.64% and average volume (30) is 7.7 million.

FMSA - day trading stock picks

Sanchez Energy (SN)

Average day range (30) is 6.45% and average volume (30) is 4.7 million.

SN - day trading stock picks

Dynergy (DYN)

Average day range (30) is 6.07% and average volume (30) is 5.8 million.

DYN - day trading stock picks

Hertz Global Holdings (HTZ)

Average day range (30) is 5.76% and average volume (30) is 5.9 million.

HTZ - day trading stock picks

Cliffs Natural Resources (CLF)

Average day range (30) is 5.45% and average volume (30) is 15.9 million.

CLF - day trading stock picks

Oclaro (OCLR)

Average day range (30) is 5.22% and average volume (30) is 10.9 million.

OCLR - day trading stock picks

Whiting Petroleum (WLL)

Average day range (30) is 5.1% and average volume (30) is 16.1 million.

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Disclosure: The author doesn’t have positions in these stocks currently, but may initiate positions if the stock prices slide a bit lower.

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