What invest today for short term profit

Screening Filters

1. Relative Volume (relative_vol: {'min': '1.1'}):

   • Purpose: To identify stocks with higher-than-average trading activity.
   • Rationale: A relative volume above 1.1 indicates that the stock is currently experiencing increased interest and liquidity compared to its historical average. This can signal short-term opportunities as heightened trading activity often accompanies price movements.

2. RSI Category (rsi_category: ['moderate']):

   • Purpose: To focus on stocks that are neither overbought nor oversold.
   • Rationale: The RSI (Relative Strength Index) measures momentum, and selecting "moderate" ensures that the stocks are not in extreme conditions. This avoids stocks that may be overextended in either direction, providing a balanced entry point for short-term trades.

3. Weekly Price Change Percentage (week_price_change_pct: {'min': '2'}):

   • Purpose: To filter for stocks that have shown recent upward momentum.
   • Rationale: A minimum weekly price change of 2% ensures that the stocks have demonstrated positive short-term performance, which aligns with the user's goal of finding stocks with potential for short-term profit.

4. Market Capitalization (market_cap: {'min': '300000000'}):

   • Purpose: To focus on stocks with a minimum market cap of $300 million.
   • Rationale: Larger companies tend to have more stability and liquidity, reducing the risk of extreme volatility. This ensures that the selected stocks are not micro-cap or penny stocks, which can be highly speculative and risky for short-term trades.

5. Optionable Stocks (is_optionable: 'True'):

   • Purpose: To include only stocks that have options available for trading.
   • Rationale: Optionable stocks are typically more liquid and attract more investor interest. Additionally, having options available provides flexibility for advanced strategies, such as hedging or leveraging positions, which can be useful for short-term profit-seeking investors.

Why Results Match:

• The filters collectively focus on stocks with strong recent momentum (weekly price change and relative volume), balanced entry points (moderate RSI), and sufficient liquidity and stability (market cap and optionable stocks).
• These criteria align with the user's goal of identifying stocks with higher short-term profit potential while managing risk by avoiding overly speculative or illiquid stocks.
• By targeting stocks with increased trading activity and recent price gains, the screener increases the likelihood of finding stocks that are currently in play and may continue to perform well in the short term.