Give me best stocks to night trade tonight

Screening Filters

1. market_cap ≥ 500,000,000

   • Purpose: Focus on stocks with at least a mid-cap level of size.
   • Rationale: For night trading, liquidity and stability matter. Larger companies are generally easier to trade quickly, with tighter spreads and less risk of extreme manipulation than very small microcaps. This helps narrow the list to stocks that are more practical for active trading tonight.

2. volume ≥ 500,000

   • Purpose: Ensure the stock is actively trading.
   • Rationale: High current volume is important for night trading because it usually means better order execution, less slippage, and stronger participation from traders. Stocks with weak volume can be hard to enter and exit efficiently.

3. monthly_average_dollar_volume ≥ 300,000

   • Purpose: Filter for stocks that consistently trade with meaningful liquidity.
   • Rationale: This helps avoid names that only have a temporary volume spike. Consistent dollar volume suggests the stock is tradable not just today, but generally, which is especially useful when looking for a stock to trade tonight.

4. relative_vol ≥ 1.5

   • Purpose: Identify stocks trading more actively than their normal baseline.
   • Rationale: A relative volume above 1.5 means the stock is seeing at least 50% more activity than usual. That’s often what traders want for night trading because unusual volume can signal fresh interest, momentum, or a developing catalyst.

5. moving_average_relationship = PriceAboveMA20 or PriceCrossAboveMA20

   • Purpose: Find stocks with short-term bullish momentum.
   • Rationale: Night traders often look for names that are already holding above recent trend levels or just breaking above them. Being above the 20-day moving average, or crossing above it, suggests improving price action and can help target stocks with upward momentum rather than weak or fading setups.

6. news_driver = Positive

   • Purpose: Select stocks with supportive news or catalysts.
   • Rationale: News is often the main reason a stock moves after hours or into the next session. Positive news increases the chance of follow-through, which is useful for night trading when traders are looking for catalysts that can create volatility and directional opportunity.

7. is_optionable = True

   • Purpose: Keep stocks that have listed options.
   • Rationale: Optionable stocks tend to be more liquid and widely followed, and they often have more active participation from traders. Even if you trade the shares directly, optionability is usually a sign of a more established, tradeable name.

Why the Filters Work Together

• They combine liquidity filters (market cap, volume, dollar volume) with momentum filters (relative volume, price above/crossing MA20) and catalyst filters (positive news).
• That combination is well suited for “best stocks to night trade tonight” because it aims to find stocks that are:
  • tradable,
  • actively moving,
  • supported by a real catalyst,
  • and less likely to suffer from poor execution.

Why Results Match the User’s Request

• The user is asking for stocks that are good to trade tonight, which implies a need for near-term opportunity, not long-term investing.
• These filters are designed to surface stocks with the best chance of short-term movement and liquidity, which is exactly what night traders need.
• In short, the screener is looking for stocks with real volume, current momentum, and positive news flow — the core ingredients of a strong night-trading setup.