I would like to buy and sell stocks today

Screening Filters

1. Market Cap ≥ $2,000,000,000 (Large / Mid Cap Focus)

   • Purpose: Limit results to larger, more established companies.
   • Rationale:
     • For buying and selling today, you generally want stocks that are less prone to extreme manipulation and erratic moves than tiny micro-caps.
     • Companies with market caps above $2B tend to have better liquidity, more analyst coverage, and narrower bid–ask spreads, all of which make intraday trading and quick entries/exits more practical and less costly.

2. Price Between $5 and $100

   • Purpose: Avoid extremely low-priced “penny stocks” and very high-priced shares that are harder to size for day trades.
   • Rationale:
     • Stocks under $5 are often highly speculative, thinly traded, and subject to sharp, unpredictable moves—riskier for intraday trading unless you specialize in them.
     • Capping at $100 keeps results in a range where you can more easily control position size and risk per trade (e.g., it’s easier to buy 100–500 shares of a $30 stock than a $700 stock with the same capital).
     • This range targets “tradable” names for most retail and active traders.

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

   • Purpose: Ensure stocks are consistently liquid in dollar terms (price × volume), not just occasionally active.
   • Rationale:
     • Dollar volume is a better gauge of tradability than share volume alone. A $10 stock trading 100k shares ($1M) is more practically tradable than a $1 stock trading the same number of shares.
     • For intraday buy/sell activity, you want:
       • Tight bid–ask spreads
       • Ability to enter and exit without moving the price too much
     • A minimum of $1M average dollar volume helps filter out thin, illiquid names that can trap you in a position.

4. Relative Volume ≥ 1.5

   • Purpose: Focus on stocks that are trading at least 50% more volume today than their recent average.
   • Rationale:
     • Elevated volume is a key sign that “something is happening” (news, upgrades/downgrades, earnings reactions, sector momentum, etc.).
     • For short-term trading, you generally want stocks that are in play: high attention, active participation, and enough volume to support fast entries/exits.
     • Relative volume ≥ 1.5 highlights exactly those names that are more active than usual today, which is directly relevant when you want to buy and sell today.

5. Daily Price Change Percentage Between +3% and +15%

   • Purpose: Target stocks that are moving meaningfully, but not so extremely that they may be unmanageable or purely news-driven spikes.
   • Rationale:
     • For intraday trading, you need volatility—stocks barely moving don’t present good opportunities.
     • A minimum move of +3% ensures there’s enough intraday action to find trades (momentum, breakouts, pullbacks).
     • Capping at +15% filters out the most extreme outliers, which are often highly news-driven, gap-and-go, or short-squeeze situations that may be too risky for many traders.
     • This range balances tradable volatility with some level of risk control.

Why Results Match Your Intent to Trade Today

• You want to buy and sell stocks today, which implies:
  • You need high liquidity so you can enter and exit positions quickly (addressed by market cap, dollar volume, and relative volume filters).
  • You need stocks that are actually moving enough intraday to offer trade setups (addressed by the price change % and relative volume filters).
  • You likely want to avoid the most speculative or illiquid corners of the market that can be dangerous for active trading (addressed by the market cap and price range filters).

Together, these filters concentrate on liquid, actively traded, moderately volatile stocks in a reasonable price range, which are the kinds of names active traders often focus on when looking for intraday opportunities.