Day Trading Stock Picks For This Week - Tuesday, May 16
Day trading stock picks likely to move big (up or down) during the week of May 16: FMSA, AKS, CLF, WLL, OCLR, ENDP and few that are usually good day trading candidates: SPY, BAC, WFT.
FMSA Holdings (FMSA)
Average day range (30) is 7.29% and average volume (30) is 7.5 million.
AK Steel (AKS)
Average day range (30) is 5.58% and average volume (30) is 21.6 million.
Cliffs Natural Resources (CLF)
Average day range (30) is 5.57% and average volume (30) is 17.4 million.
Whiting Petroleum (WLL)
Average day range (30) is 5.3% and average volume (30) is 15.9million.
Oclaro (OCLR)
Average day range (30) is 5.29% and average volume (30) is 11.6 million.
Endo Pharmaeuticals (ENDP)
Average day range (30) is 5.18% and average volume (30) is 5.6 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)
Weatherford International (WFT)
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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