Day Trading Stock Picks For This Week - Tuesday, May 9
Day trading stock picks likely to move big (up or down) during the week of May 9: FMSA, AKS, CLF, OCLR and SPY, BAC, WFT, WLL.
FMSA Holdings (FMSA)
Average day range (30) is 7.26% and average volume (30) is 7.2 million.
(Click on image to enlarge)
AK Steel (AKS)
Average day range (30) is 5.71% and average volume (30) is 22.4 million.
(Click on image to enlarge)
Cliffs Natural Resources (CLF)
Average day range (30) is 5.6% and average volume (30) is 17.4 million.
(Click on image to enlarge)
Oclaro (OCLR)
Average day range (30) is 5.3% and average volume (30) is 11.8 million.
(Click on image to enlarge)
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)
Financial Sector ETF (XLF)
Weatherford International (WFT) or alternatively Whiting Petroleum (WLL)
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 ...
more