What do you think I should be trading?

Screening Filters

1. Market Cap ≥ $1 Billion (market_cap: {'min': '1000000000'})

   • Purpose: Focus on larger, more established companies.
   • Rationale:
     • In the context of trading around AUD/USD themes (risk-on/off, commodities, global macro), you typically want instruments that respond cleanly to macro moves and aren’t dominated by idiosyncratic noise or liquidity issues.
     • Large caps tend to have tighter spreads and more reliable price action, which is important if you’re trading actively with a small account.

2. Monthly Average Dollar Volume ≥ $500,000 (monthly_average_dollar_volume: {'min': '500000'})

   • Purpose: Ensure sufficient liquidity for active trading.
   • Rationale:
     • You mentioned day trading and a relatively small capital base. For that style, it’s critical that you can get in and out quickly without big slippage.
     • A minimum dollar volume filter targets stocks where there’s enough daily money flowing through to support short-term trades aligned with your AUD/USD view (e.g., risk-on days, commodity rallies).

3. High Beta (beta: ['HighRisk'])

   • Purpose: Select more volatile, market-sensitive stocks.
   • Rationale:
     • AUD/USD tends to act as a “risk sentiment” barometer and is also influenced by commodities. When global risk appetite rises or falls, high-beta stocks often move more than the broad market, similar to how AUD can swing more than USD majors.
     • If you’re trading around AUD/USD themes (e.g., “risk-on, go long equities/commodity-linked names”), high-beta names give you the kind of movement that makes short-term trading worthwhile.

4. Price Above 20-Day Moving Average (moving_average_relationship: ['PriceAboveMA20'])

   • Purpose: Focus on stocks in a short-term uptrend.
   • Rationale:
     • If you see AUD/USD strengthening (often associated with risk-on or commodity strength), you’re more likely to want to trade in the direction of that broader theme.
     • Filtering for price above the 20-day MA finds stocks already in a short-term bullish phase, which can align with a constructive AUD/USD backdrop and make momentum-style trades more attractive and higher probability.

5. Major U.S. Exchanges Only (list_exchange: ['XNYS', 'XNAS', 'XASE'])

   • Purpose: Limit results to well-regulated, highly liquid markets.
   • Rationale:
     • NYSE, NASDAQ, and AMEX host the most liquid and widely followed names, which again pairs well with a short-term trading style.
     • These listings are more likely to have tight spreads and robust pre/post-market trading, giving you flexibility to respond to macro developments that also drive AUD/USD (Fed/RBA decisions, risk sentiment shifts, data releases).

Why Results Match Your AUD/USD Context

• AUD/USD is often a proxy for global risk appetite and commodities. High-beta, liquid large caps (especially cyclicals, commodity-linked, or risk-sensitive sectors you’d find in this screen) tend to react strongly to the same macro drivers that move AUD.
• Your trading style (short-term, small account) requires liquidity and volatility, which this screen enforces through market cap, dollar volume, and high beta.
• Requiring the price to be above the 20-day MA narrows the list to names already trending higher, making it easier to align equity trades with a bullish AUD/USD scenario (or vice versa, by looking for breakdowns from that list if your AUD view flips).

In short, these filters shift you toward liquid, volatile, uptrending U.S. stocks that are suitable for active trading and that tend to respond meaningfully to the same macro forces driving AUD/USD.