Someone posted a message about finding stocks to daytrade and it made me think a bit. IMO, the best stocks are those which have a good sized daily trading range, are priced somewhat reasonably, and have a relatively high volume for ease of entry and exit. So I did a query to find stocks from the NASDAQ, NYSE, and AMEX which have had an average daily range greater than $1, average volume > 500,000, and average price < $80 since September 1. There are only 428 of them out of 7300+ stocks screened and the excel spreadsheet is attached, ordered by average daily range. Perhaps it will give people new ideas for picking stocks. -- Rich
holy shit, what a revolutionary concept ... only jokin' with ya rich. nice work, that's quite a handly list. sure many here will appreciate it.
channelingstocks.com. buy low sell high over and over.lol cnbc must really be hard up for advertisers.
yeah, i was really bummed to see that someone else had apparently learned my secret method for profits in the equities market. LOL
good idea! next time i'll charge $10 for each spreadsheet view and only post the top 25 to make it seem more scientific. that site looks quite hokey, not to mention that a bunch of the images show up as red x's from being broken.
Filters applied: Nasdaq stocks, price > $20, top 20 in volume and daily range as a % of price gives this short list: Symbol Avg Daily Range Avg Volume Avg Closing Price % KLAC 1.75383871 16751322 29.41741935 5.96% QLGC 1.798677419 15480051 28.05509677 6.41% MXIM 1.679548387 10341138 25.76354839 6.52% NVLS 1.457483871 9317022 22.47064516 6.49% LLTC 1.494935484 9559032 22.01054839 6.79% GENZ 1.421290323 4203980 21.12064516 6.73% MERQ 1.329967742 4388070 20.72306452 6.42% Doug