Biggest and best gambles for this morning

Screening Filters

1. Beta: HighRisk

   • Purpose: To identify stocks with high volatility.
   • Rationale: Beta measures a stock's sensitivity to market movements. A high beta indicates that the stock is more volatile and tends to experience larger price swings. This aligns with the user's request for "biggest and best gambles," as high-risk stocks often present greater potential for significant short-term gains (or losses).

2. Relative Volume: Minimum 2

   • Purpose: To find stocks with unusually high trading activity compared to their average.
   • Rationale: A relative volume of 2 or higher indicates that the stock is currently trading at least twice its normal volume. This suggests heightened investor interest or news-driven activity, which can lead to significant price movements—ideal for a "gamble" scenario.

3. Weekly Average Turnover: Minimum 1,000,000

   • Purpose: To ensure the stocks have sufficient liquidity.
   • Rationale: A minimum weekly average turnover of $1,000,000 ensures that the stocks being screened are actively traded and have enough liquidity. This reduces the risk of being unable to enter or exit positions quickly, which is crucial for short-term speculative trades.

4. Price Change Percentage: Minimum 5%

   • Purpose: To focus on stocks that have already experienced significant price movement.
   • Rationale: A minimum price change of 5% ensures that the stocks being considered are already showing strong momentum. This aligns with the user's interest in stocks that could be "biggest gambles," as such movements often indicate volatility and the potential for further dramatic price changes.

Why Results Match:

• The filters collectively focus on stocks that are highly volatile, actively traded, and experiencing significant price movements, which are characteristics of speculative opportunities or "gambles."
• By combining high beta, elevated trading volume, strong price momentum, and sufficient liquidity, the screener identifies stocks that are more likely to exhibit dramatic short-term price fluctuations, aligning with the user's request for "biggest and best gambles for this morning."