What stocks to buy Monday October 27th

Screening Filters & Rationale

1. Market Cap >= $10 billion:

   • Purpose: Focus on large-cap stocks for stability and lower risk.
   • Rationale: Large-cap companies are typically more established and less volatile, aligning with long-term investment goals.

2. Weekly Average Turnover >= 1,000,000:

   • Purpose: Ensure sufficient liquidity for ease of buying and selling.
   • Rationale: High turnover indicates strong market interest and reduces the risk of price manipulation.

3. RSI (14) between 30 and 70:

   • Purpose: Identify stocks that are neither overbought nor oversold.
   • Rationale: This range suggests balanced momentum, avoiding extreme price movements.

4. Monthly Price Change >= 0%:

   • Purpose: Focus on stocks with positive recent performance.
   • Rationale: Positive price change indicates upward momentum, aligning with growth-focused strategies.

5. Index Component of GSPC (S&P 500):

   • Purpose: Limit selection to well-established companies in the S&P 500.
   • Rationale: S&P 500 components are industry leaders, offering reliability and strong fundamentals.