Day Trading Stock Picks For This Week - Tuesday, May 2

Day trading stock picks likely to move big (up or down) during the week of May 2: $FMSA $AKS $CLF $OCLR $X $GNC and $SPY $BAC $XLF $WFT $WLL

I screen for day trading stocks with a recent history of volatility. That means these stocks are highly likely to move big (up or down–trade the intraday trends) each day for the next week.

What can you expect from the day trading stock picks:

greater than 5% moves intraday, on average

more than 4,000,000 average volume (typically more)

all stocks; no leveraged ETFs

Priced between $5 and $150

These are day trading stock picks worth watching. I’m not recommending a specific trade or direction.

Pick a few stocks and trade them; don’t try to trade all of them.

Trading volatile stocks isn’t for everyone. It takes quick reflexes and fast execution to take advantage of the large percentage moves in these stocks.

Day Trading Stock Picks for Week of May 2

Charts courtesy of Finviz.

FMSA Holdings (FMSA)
Average day range (30) is 7.08% and average volume (30) is 6.8 million.

AK Steel (AKS)

Average day range (30) is 6.16% and average volume (30) is 22.3 million.

Cliffs Natural Resources (CLF)

Average day range (30) is 5.87% and average volume (30) is 17.4 million.

Oclaro (OCLR)

Average day range (30) is 5.2% and average volume (30) is 11 million.

US Steel (X)

Average day range (30) is 5.1% and average volume (30) is 23.9 million.

GNC Holdings (GNC)

Average day range (30) is 4.97% and average volume (30) is 4.4 million.

Good All-Time 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.