Create a stock picker with 1000 to spend

Screening Filters

1. Market Cap: $1B – $15B

   • Purpose: Focus on mid- and larger small-cap companies.
   • Rationale:
     • With $1,000 to invest, you usually want companies that are big enough to be reasonably stable, but not so huge that they barely move.
     • $1–15B market cap tends to capture companies that can still grow and move meaningfully in price, but are less risky than microcaps or penny stocks.

2. Price: $10 – $40 per share

   • Purpose: Ensure you can build a meaningful position with $1,000.
   • Rationale:
     • At $10/share, $1,000 lets you buy ~100 shares.
     • At $40/share, you can still buy ~25 shares.
     • This range avoids ultra-cheap, often lower-quality penny-type stocks but keeps prices low enough for flexible position sizing and scaling in/out.

3. Monthly Average Dollar Volume: ≥ $1,000,000

   • Purpose: Ensure liquidity so you can enter and exit without huge slippage.
   • Rationale:
     • A minimum of $1M traded per month means there’s a steady flow of buyers and sellers.
     • For a $1,000 position, this helps reduce the risk that your trades move the price or that you get stuck in illiquid names.

4. RSI Category: Moderate

   • Purpose: Avoid stocks that are extremely overbought or oversold.
   • Rationale:
     • “Moderate” RSI (typically around 40–60) suggests the stock is not in an exhaustion phase up or down.
     • This is more conservative: you’re not chasing extreme spikes (which can reverse) or catching knives (which can keep falling).

5. 1-Month Price Change: +10% to +35%

   • Purpose: Target stocks already in a healthy uptrend, but not going parabolic.
   • Rationale:
     • A gain of 10–35% over a month shows positive momentum and interest in the stock.
     • Capping it at 35% avoids names that have run too far too fast, where the risk of a sharp pullback is higher—important for a smaller account.

6. Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Restrict to major U.S. exchanges.
   • Rationale:
     • These markets have stricter listing standards, better liquidity, and generally more reliable information.
     • This reduces some of the risk associated with OTC and very speculative listings—again appropriate when you’re starting with $1,000.

7. One-Week Rise Probability: 0% – 100%

   • Purpose: Effectively no constraint here; it leaves all probabilities in play.
   • Rationale:
     • This field is left wide open so we don’t artificially exclude candidates based on a model’s short-term prediction.
     • It’s included for informational purposes, but not used to filter, keeping the focus on fundamentals (size, liquidity) and recent price behavior (trend, RSI).

Why These Results Match Your Goal of Using $1,000

• The price range is tailored so your $1,000 can be sensibly deployed across a small number of stocks, rather than forcing you into penny stocks or single very expensive shares.
• The market cap and exchange filters push you toward more established, better-regulated companies—important when you’re starting with a relatively small account and can’t afford large blowups.
• The volume, RSI, and 1-month performance filters aim to find liquid stocks in reasonable uptrends, without chasing extremes. This gives you a higher probability set of ideas to pick from, even though no profit is guaranteed.

Together, these filters create a more conservative “starter stock picker” universe: tradable, reasonably stable, and already showing some upward momentum, suitable for someone beginning with about $1,000.