Thread by @ThePupOfWallSt

Here are some ways to screen for stocks.

I use @TrendSpider but if you don't have a screener in your trading software, you can use FinViz for free.

#PupThread

🧵👇

@TrendSpider 1/ Why screen for stocks?

This is one of the best ways to catch a stock before it's about to move. Having a repeatable screen that you use is a defined edge in trading.

@TrendSpider 2/ When looking for stocks, the goal is to find those true market leaders right before or right as they are about to move.

Let's take a look at some ideas to screen for below 👇

@TrendSpider 3/ New 52 week or all-time highs

This is where your momentum stocks will be. Ever hear the term buy high, sell higher? There are ways to find solid profit targets over these highs.

#Fibonacci extensions and projections are just two ways.

@TrendSpider 4/ Higher than normal volume

When you see double or more of the average daily volume, it's likely institutions are stepping in. This could be a ride the wave type of play. Pay attention to stocks that have higher than average volume.

@TrendSpider 5/ Recent IPO's

These types of stocks offer a potential high reward but come with a higher risk. With little to no price history, it will be difficult to perform technical analysis on newer IPO's.

I recommend reading The Lifecycle Trade amzn.to/3oihNF5

@TrendSpider 6/ High QOQ Growth

If you want to catch the trend, look for stocks that are growing quarter over quarter. This means their product or services are in high demand.

I suggest screening for > 30% QoQ

@TrendSpider 7/ Short Term Strength

I like to screen for stocks that are showing short-term relative strength in the market. This could be a stock move of 10-15% in one week.

Again, this is about jumping on the wave. Find where the money is flowing to and hold on tight.

@TrendSpider 8/ Let me know what you think of this list. Do you have anything to add?

What are your favorite types of screeners & criteria you use?

@TrendSpider You've made it to the end. 👏

Enjoyed this thread?

• ❤️ Please like each post
• 🐦 ReTweet the first post so more people can read the entire thread
• ✍🏼 Sign up for my newsletters
• 🤖 Leave a comment, it helps with the engagement algos.

@TrendSpider ✍🏼 Personal Writing: bit.ly/3FEqVKW
📈 Stock Market Update: bit.ly/3DlZOCc

I'm Danny Naz. I write, I travel, I tweet and I eat. And I'm hungry for more.

#PupThread