Wednesday, November 23, 2016

Peter process premarket

Peter_F

Your'e welcome. Let me know how your programming comes along. As to premarket information here is what I do. (I posted this a few days ago so look below.)

Look for premarket stock moves based upon news and earnings for possible picks with a lot of shares traded. Remember this is day trading, not swing trading or long term holds. We need gas in the engine to drive the trade. There are a lot of sites online but I look at:

HB's focus list and his early AM picks
http://www.nasdaq.com/extended-trading/premarket-mostactive.aspx
https://www.barchart.com/stocks/most-active/daily-volume-leaders

Narrow this list to those stocks moving from 4% to 10% (up to 12%), for long trades, and, the opposite, -4% to -10% (down to -12%), for short trades. On Nasdaq.com, look after 8:00 am. On Barchart.com, sort the list by click "%" at the top of its column and remember to look after 9:05 am as it won't display earlier.

One thing I would update is that on nasdaq.com, you would look to most advanced and most declined lists which update after 8:30 am +/-. Make sure you have today's date showing!

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