Top stocks to daytrade tomorrow

Screening Filters

1. Price: $5 – $100

   • Purpose: Focus on reasonably priced, actively traded stocks that are practical for day trading.
   • Rationale:
     • Below ~$5, many names are low‑float/penny stocks with extreme risk, wider spreads, and higher manipulation risk.
     • Above ~$100, position sizing becomes harder for smaller accounts and intraday percentage moves may be smaller in absolute share terms.
     • The $5–$100 range balances volatility, liquidity, and tradability for most day traders.

2. Monthly Average Dollar Volume: ≥ $2,000,000

   • Purpose: Ensure sufficient liquidity and tight bid‑ask spreads.
   • Rationale:
     • Dollar volume (price × volume) is a better measure of tradability than share volume alone.
     • ≥ $2M/day on average means you can usually enter and exit positions quickly without moving the market too much, which is critical for intraday trading.

3. Relative Volume (relative_vol): ≥ 1.5

   • Purpose: Find stocks trading with significantly more activity than usual today (or most recent session).
   • Rationale:
     • Relative volume > 1.5 means current volume is at least 50% higher than its recent average.
     • Elevated volume often accompanies news, breakouts, or other catalysts that fuel intraday moves—exactly what day traders look for.

4. Beta: HighRisk (high beta)

   • Purpose: Target stocks that move more than the overall market.
   • Rationale:
     • High beta stocks tend to have larger intraday price swings than the S&P 500.
     • For day trading, more volatility generally means more opportunity—as long as risk is managed appropriately.

5. Price Change Percentage (today): 3% – 15%

   • Purpose: Capture “movers” that are already showing strong interest, without only grabbing extreme outliers.
   • Rationale:
     • ≥ 3% move indicates meaningful momentum; these names are attractive for intraday strategies (trend following, pullbacks, etc.).
     • Capping at 15% avoids some of the most parabolic, overextended moves where risk of sudden reversals or halts is higher.
     • The band 3–15% is a typical sweet spot for day-trading candidates: active but not necessarily exhausted.

6. Exchange (list_exchange): XNYS, XNAS, XASE

   • Purpose: Limit results to major US exchanges.
   • Rationale:
     • NYSE, NASDAQ, and NYSE American list most of the more regulated, institutionally followed names.
     • These generally offer better liquidity, more reliable data, and fewer wild microcap aberrations than OTC markets—better suited for most day traders.

7. Sector / Industry: Wide Inclusive List

   • Purpose: Keep the universe broad across most major sectors while still focusing on standard equity categories.
   • Rationale:
     • Includes Financials, Technology, Healthcare, Industrials, Consumer sectors, Energy, Materials, Real Estate, Utilities, Telecom, Software & IT, Autos, Retail, Pharmaceuticals, etc.
     • This breadth ensures you don’t miss sector‑specific opportunities (e.g., a tech news catalyst or a biotech event), while still staying within “normal” equity securities rather than exotic instruments.

Why Results Match the Request (“Top stocks to day trade tomorrow in the US market”)

• Day-tradable characteristics:

  • Dollar volume and major-exchange listing ensure liquidity and tighter spreads, which are crucial for intraday entries/exits.
  • The price band makes positions practical for many account sizes and strategies.

• Short-term trading edge:

  • High beta and a 3–15% current price move focus on names with strong intraday volatility and momentum—prime material for day trading setups.
  • Relative volume > 1.5 highlights where traders and algorithms are already active, increasing the likelihood of clean, tradeable moves.

• US market focus:

  • Exchange filters restrict the universe to US-listed stocks, aligning directly with “US stock market.”

These filters don’t guarantee which names will be “best” tomorrow, but they systematically surface stocks that historically tend to offer the kind of liquidity, volatility, and momentum that day traders look for.