Day trading stock picks likely to move big (up or down) during the week of August 22: HTZ, CBI, OAS, SNAP, NBR, ENDP, SWN, CLF, AKS, plus several others.
Hertz Global Holdings (HTZ)
Average day range (30) is 8.7% and average volume (30) is 12.2 million.
CBI Bridge and Iron (CBI)
Average day range (30) is 5.7% and average volume (30) is 5.7 million.
Oasis Petroleum (OAS)
Average day range (30) is 5.51% and average volume (30) is 9.2 million.
Snap Inc. (SNAP)
Average day range (30) is 5.19% and average volume (30) is 33 million.
Nabors Industries (NBR)
Average day range (30) is 5.01% and average volume (30) is 8 million.
Endo Pharmaceuticals (ENDP)
Average day range (30) is 5.01% and average volume (30) is 7.1 million.
Southwestern Energy (SWN)
Average day range (30) is 4.77% and average volume (30) is 16.6 million.
Cliffs Natural Resources (CLF)
Average day range (30) is 4.71% and average volume (30) is 11.8 million.
AK Steel (AKS)
Average day range (30) is 4.65% and average volume (30) is 20.7 million.
AMD and 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
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):
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