Day Trading Stock Picks For This Week - Tuesday, September 12

Day trading stock picks likely to move big (up or down) during the week of September 12: $SNAP $SWN $AKS $NVDA $AAPL $FB $GILD $HTZ, plus several others.

Hertz Global Holdings (HTZ)

Average day range (30) is 8.57% and average volume (30) is 11.2 million.

(Click on image to enlarge)

stocks to day trade HTZ

CBI Bridge and Iron (CBI)

Average day range (30) is 6.81% and average volume (30) is 5.9 million.

(Click on image to enlarge)

stocks to day trade CBI

Endo Pharmaceuticals (ENDP)

Average day range (30) is 5.51% and average volume (30) is 7.5 million.

(Click on image to enlarge)

stocks to day trade ENDP

Snap Inc. (SNAP)

Average day range (30) is 5.44% and average volume (30) is 38.7 million.

(Click on image to enlarge)

stocks to day trade SNAP

Tenet Healthcare (THC)

Average day range (30) is 5.31% and average volume (30) is 5.5 million.

(Click on image to enlarge)

stocks to day trade THC

First Majestic Silver (AG)

Average day range (30) is 4.95% and average volume (30) is 4.2 million.

(Click on image to enlarge)

stocks to day trade AG

Oasis Petroleum (OAS)

Average day range (30) is 4.95% and average volume (30) is 8.5 million.

(Click on image to enlarge)

stocks to day trade OAS

Himax Technologies (HIMX)

Average day range (30) is 4.77% and average volume (30) is 5.7 million.

(Click on image to enlarge)

stocks to day trade HIMX

Nabors Industries (NBR)

Average day range (30) is 4.67% and average volume (30) is 8.1 million.

(Click on image to enlarge)

stocks to day trade NBR

Southwestern Energy (SWN)

Average day range (30) is 4.39% and average volume (30) is 15.2 million.

(Click on image to enlarge)

stocks to day trade SWN

Clevland Cliffs (CLF)

Average day range (30) is 4.39% and average volume (30) is 9.3 million.

(Click on image to enlarge)

stocks to day trade CLF

AK Steel (AKS)

Average day range (30) is 4.06% and average volume (30) is 15.2 million.

(Click on image to enlarge)

stocks to day trade AKS

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).

Nvidia (NVDA): ATR (14) is $3.75 and Average Volume (30) is 15 million.

AliBaba Group (BABA): ATR (14) is $3.73 and Average Volume (30) is 19.3 million.

Inverse VIX ETF (XIV): ATR (14) is $3.58 and Average Volume (30) is 14.3 million.

Facebook (FB): ATR (14) is $2.49 and Average Volume (30) is 13.5 million.

Apple (AAPL): ATR (14) is $2.22 and Average Volume (30) is 27.5 million.

Gilead Sciences (GILD): ATR (14) is $1.94 and Average Volume (30) is 10.5 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)

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
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.