Day Trading Stock Picks For This Week - Tuesday, July 25

Day trading stock picks likely to move big (up or down) during the week of July 25: HTZ, CBI, WLL, OAS, FOLD, AKS, CLF and AMD and few that are usually good day trading candidates: SPY, BAC, plus several others.

Hertz Global Holdings (HTZ)

Average day range (30) is 7.43% and average volume (30) is 10.2 million.

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stocks for day trading - HTZ

Chicago Bridge & Iron (CBI)

Average day range (30) is 6.91% and average volume (30) is 8.5 million.

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stocks for day trading - CBI

Whiting Petroleum (WLL)

Average day range (30) is 6.87% and average volume (30) is 23.1 million. (this stock has fallen just slightly below the $5 threshold)

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stocks for day trading - WLL

Oasis Petroleum (OAS)

Average day range (30) is 5.55% and average volume (30) is 9.4 million.

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stocks for day trading - OAS

 Amicus Therapeutics (FOLD)

Average day range (30) is 5.26% and average volume (30) is 4.7 million.

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stocks for day trading - FOLD

Cliffs Natural Resources (CLF)

Average day range (30) is 4.84% and average volume (30) is 12.3 million.

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stocks for day trading - CLF

AK Steel (AKS)

Average day range (30) is 4.72% and average volume (30) is 16.9 million.

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stocks for day trading - AKS

Advanced Micro Devices (AMD)

Average day range (30) is 4.72% and average volume (30) is 97.3 million.

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stocks for day trading - AMD

MOMO dropped off the list, as their average 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)

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).

Got a volatile stock you like day trading/found? Let me know in the comments section.

Remember Risk Management

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.

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