Saturday, December 11, 2021

Stocks of Interest - Criteria

 For me to be interested in trading a particular stock, I'd look to meet the following criteria:


  • Traded on a USA exchange.
  • Not pink sheets or Over-the-counter.
  • Minimum 200,000 shares traded on a daily basis. The higher the better.
  • Either options or the stock must have a reasonable Bid/Ask spread.
  • Share price over $5.
  • Infrequent gaps.
  • Over 200 days of trading history.
  • Next quarterly earnings report at least 10 days away.
  • Optional: Longs are over the 50 DMA (Daily Simple Moving Average) and shorts are under the 50 DMA.
  • Optional: -1 > Beta < 1. The closer to 0 the better.

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