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Best Day Trading Stocks for the Week of October 30, 2023

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If you’re a day trader, you know that finding the right stocks to trade can be a challenging task. To help you make informed decisions for the week of October 30, 2023, we’ve compiled a list of the best U.S. day trading stocks based on daily average movement and high volume. These stocks are likely to provide excellent trading opportunities, whether you’re interested in high-percentage movers or big-dollar movers.

Best Day Trading Stocks – High Percentage Movers

  1. Marathon Digital (MARA):
  • Average Daily Volume: 31 million
  • Average Daily Movement: 8.86%
  • Average Day Range (%): 8.86% Marathon Digital consistently offers a high percentage of daily movement, making it a prime choice for day traders looking for intraday opportunities. With an average volume of 31 million, you’ll have plenty of liquidity to work with.
  1. AMC Entertainment (AMC):
  • Average Daily Volume: 19 million
  • Average Daily Movement: 8.47%
  • Average Day Range (%): 8.47% AMC Entertainment is known for its significant intraday price swings. With an average volume of 19 million, it’s a liquid choice for day traders seeking high percentage moves.
  1. RIOT Platforms, Inc. (RIOT):
  • Average Daily Volume: 20 million
  • Average Daily Movement: 7.84%
  • Average Day Range (%): 7.84% RIOT Platforms, Inc. is another stock with substantial intraday movement and a daily volume of 20 million, making it a promising option for day trading.
  1. IONQ Inc. (IONQ):
  • Average Daily Volume: 10 million
  • Average Daily Movement: 7.37%
  • Average Day Range (%): 7.37% IONQ Inc. offers significant intraday swings and an average volume of 10 million, making it suitable for day traders looking for high percentage movers.
  1. Affirm Holdings (AFRM):
  • Average Daily Volume: 13 million
  • Average Daily Movement: 7.2%
  • Average Day Range (%): 7.2% Affirm Holdings consistently exhibits substantial daily movement, coupled with a daily volume of 13 million, providing ample trading opportunities.

Best Stocks for Day Trading – Big Dollar Movers

If you prefer trading stocks that move more than $2 per day, consider the following options:

  1. NVIDIA Corporation (NVDA):
  • Intraday Range: $14.25
  • Average Daily Volume: 44 million NVIDIA Corporation, with an intraday range of $14.25 and an average volume of 44 million, is a prime choice for traders who seek significant dollar movements.
  1. Tesla Inc. (TSLA):
  • Intraday Range: $9.25
  • Average Daily Volume: 116 million Tesla Inc. consistently provides substantial dollar movements with an intraday range of $9.25 and an average volume of 116 million.
  1. Meta Platforms (META):
  • Intraday Range: $8.7
  • Average Daily Volume: 22 million Meta Platforms offers an intraday range of $8.7 and an average volume of 22 million, making it an appealing choice for traders looking for big-dollar moves.
  1. Advanced Micro Devices (AMD):
  • Intraday Range: $3.49
  • Average Daily Volume: 52 million With an intraday range of $3.49 and an average volume of 52 million, Advanced Micro Devices presents opportunities for traders seeking significant dollar movements.
  1. Amazon.com Inc (AMZN):
  • Intraday Range: $3.50
  • Average Daily Volume: 56 million Amazon.com Inc boasts an intraday range of $3.50 and an average volume of 56 million, making it a solid choice for those looking for consistent big-dollar movers.
  1. Alphabet Inc. (GOOGL):
  • Intraday Range: $2.85
  • Average Daily Volume: 29 million Alphabet Inc. offers substantial intraday movements with an intraday range of $2.85 and an average volume of 29 million, making it an attractive option for day traders.

Remember that day trading involves significant risks and should be approached with caution. Always perform thorough research and consider your risk tolerance before engaging in day trading activities. These stocks provide a starting point for your research, but it’s essential to stay informed about the latest market developments and trends. Happy trading!

#stocks #stockmarket #investment

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