Screening Filters
Price: $10–$80
- Purpose: Focus on reasonably priced, tradeable stocks.
- Rationale:
- Below $10, many stocks are very volatile, lower quality, or thinly traded (riskier for a “what should I buy right now” question).
- Above $80, a $1,000 account can only buy very few shares, which makes short‑term trading (your prior interest) less flexible.
10–80 is a “sweet spot” where stocks are established enough, but still accessible for smaller portfolios.
Monthly Average Dollar Volume: ≥ $3,000,000
- Purpose: Ensure good liquidity.
- Rationale:
- High dollar volume means lots of money trading hands daily.
- That usually results in tighter bid–ask spreads and easier entries/exits, which is important if you want to buy “right now” and potentially trade short term.
- It also reduces the risk of getting “stuck” in a name that doesn’t trade much.
Moving Average Relationship: PriceAboveMA20
- Purpose: Capture stocks in short‑term uptrends.
- Rationale:
- Price above the 20‑day moving average is a classic signal that the short‑term trend is positive.
- For someone asking what to buy now, this narrows the list to names with upward price momentum rather than those in clear downtrends.
1‑Month Price Change: +5% to +40%
- Purpose: Focus on “strong but not euphoric” recent performers.
- Rationale:
- Minimum +5%: screens out flat/weak names and keeps stocks showing some strength.
- Maximum +40%: avoids names that have gone almost vertical recently, which can be prone to sharp pullbacks and are riskier to jump into “right now.”
Exchange: XNYS (NYSE) and XNAS (NASDAQ)
- Purpose: Restrict to major U.S. exchanges.
- Rationale:
- NYSE and NASDAQ list most of the largest and most liquid U.S. companies.
- This avoids OTC/pink sheet names that can be illiquid or lower quality—again aligning with a practical, “what should I buy now” style search.
Index Component: S&P 500 (GSPC) or Nasdaq 100 (NDX)
- Purpose: Limit to large, well‑followed companies.
- Rationale:
- S&P 500 and Nasdaq 100 members are generally larger, more established, and more heavily analyzed.
- This tends to mean better liquidity, more information available, and somewhat lower individual company risk compared to small caps—sensible defaults when you’re asking broadly what to buy.
One‑Week Predicted Return: 0% to 100%
- Purpose: Use a model’s short‑term outlook to exclude names with a negative near‑term forecast.
- Rationale:
- Setting the minimum at 0% keeps only stocks where the model expects at least a flat or positive return over the next week.
- The 100% cap is just a high upper bound; the key point is removing stocks with a negative predicted one‑week move.
- This aligns with your “right now” timing by favoring names with a non‑bearish short‑term signal.
Why These Results Match Your Question
- You asked what to buy right now, so the screen emphasizes:
- Short‑term positive trend (PriceAboveMA20, +5–40% 1‑month performance).
- Short‑term non‑negative model outlook (one‑week predicted return ≥ 0%).
- To make those ideas tradable with a smaller account and a practical focus, it:
- Uses a moderate price range ($10–$80).
- Ensures strong liquidity (≥ $3M monthly dollar volume, NYSE/NASDAQ).
- Restricts to major index constituents (S&P 500 / Nasdaq 100) for quality and stability.
Together, these filters don’t claim to find guaranteed winners, but they narrow the universe to liquid, established U.S. stocks in short‑term uptrends that are more suitable candidates for “what should I buy right now?” than the average stock.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.