Best Finviz Screener Settings For Swing Trading

Alright, buckle up buttercups! We're about to dive headfirst into the ridiculously fun world of swing trading, armed with our trusty sidekick: Finviz.

Think of Finviz as your super-powered stock detective. It sifts through thousands of stocks faster than you can say "show me the money!".

Getting Started: Your Finviz Treasure Map

First things first, head over to Finviz.com. Don't worry, it doesn't bite (much!).

Click on the "Screener" tab. This is where the magic happens. Prepare to feel like a stock-finding wizard!

Descriptive Tab: Finding the Right Outfit

Let's start with the "Descriptive" tab. It’s like picking out the perfect outfit for your stock.

We want stocks with a decent Market Cap. Let's set it to "Mid (over $2 billion)" or "Large (over $10 billion)". Think of it as choosing stocks from companies that aren't wearing pajamas to the party.

Next, let's focus on Average Volume. We need enough action! Set it to "Over 500K". We want stocks that are dancing, not just standing in the corner awkwardly.

Another important parameter is the Price. In the beginning, it's better to choose stocks with price between 5$ to 50$. It will give more opportunity to learn.

Fundamental Tab: Looking Under the Hood

Now, let's peek under the hood with the "Fundamental" tab. This is where we see if the stock is actually a lemon or a finely-tuned sports car.

Let's look at EPS Growth Next Year. Set it to "Positive". We want companies that are expected to *grow*, not shrink. Unless you're into some serious reverse psychology (not recommended!).

Another good filter is the Gross Margin. A Gross Margin "Over 20%" can be a good starting point. This helps us to find profitable companies.