Day Trading Stock Picks For Week - Tuesday, June 27
Day trading stock picks likely to move big (up or down) during the week of June 27: $HTZ $WLL $OAS $OCLR $CLF $AKS and few that are usually good day trading candidates: $SPY $BAC $WFT $MOMO $ENDP
Day Trading Stock Picks for Week of June 27
Hertz Global Holdings (HTZ)
Average day range (30) is 6.88% and average volume (30) is 8.1 million.
(Click on image to enlarge)
Whiting Petroleum (WLL)
Average day range (30) is 6.58% and average volume (30) is 22.9 million.
(Click on image to enlarge)
Oasis Petroleum (OAS)
Average day range (30) is 5.77% and average volume (30) is 10.3 million.
(Click on image to enlarge)
Oclaro (OCLR)
Average day range (30) is 5.31% and average volume (30) is 11.1 million.
(Click on image to enlarge)
Cliffs Natural Resources (CLF)
Average day range (30) is 5.24% and average volume (30) is 13.2 million.
(Click on image to enlarge)
AK Steel (AKS)
Average day range (30) is 5.14% and average volume (30) is 16.4 million.
(Click on image to enlarge)
MOMO and ENDP dropped off the list, as their volatility/daily movement has dropped slightly below 5% per day.
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)
Weatherford International (WFT)
Got a volatile stock you like day trading/found? Let me know in the comments section.
Losing trades WILL happen. Don’t risk more than 1% of your trading account on a trade (risk = difference between entry price and stop loss price, multiplied by the number of shares). Slippage is likely in these stocks. Make sure the stock can support the position size you wish to trade. Failing to do so could result in further slippage.
Disclosure: The author doesn’t have positions in these stocks currently, but may initiate positions if the stock prices slide a bit lower.
None of the content in this article should ...
more