This week, I focus on the Daytrader preset scan from the Stockscores Market Scan. This is a good way to build a watch list of stocks that are hot on the current day and have the potential to make an abnormal move in to the close. You can run this scan about 45 minutes after the open of trading and then monitor the stocks found with it using a real time charting program that most brokerages make available to their clients. I watch my Daytrader watch list for stocks satisfying my Superhero or Intraday Pullback Play strategies (these are taught in the Stockscores Active Trader course).

Today’s scan produced about 40 candidates, here are the moves and entry time for a few of those that qualified. (for the full newsletter “Gauging Trade Performance go HERE)

1. CLF
CLF gave an Intraday Pullback Play set up at 10:18 ET at $7.58. The closed the day at $8.02 for a 5.8% move in a few hours.

2. AKS
Superhero entry signal at 10:36 on AKS with an entry price of $5.69. Closed the day at $6.17 for a 4 to 1 reward for risk trade (for every $100 risked, a $400 profit).

(for the full newsletter “Gauging Trade Performance go HERE)