This TC2000 Net Change and Volume Up scan is designed to find stocks that are up big at the end of the trading day. As the title insinuates, this scanner looks for stocks with higher volume and price than the day before. I consider this a short-selling scanner.
Case in point. I ran this Net Change and Volume Up scan today at 4:00am and found $DRYS at the top of the list when sorting by % Change.
$DRYS is up today on a rumor.
California legalized Marijuana on November 8, 2016. Today everyone is speculating that California will begin exporting Marijuana to other countries. People are implying that California is somehow going to become the hub for all Marijuana exports.
Because $DRYS is a shipping company, they’ll benefit from this new business. That story sounds good but its all BS. If you’ll look at the chart above you’ll see two recent stock splits.
When a company splits stock it means they’re in financial trouble.
This is a crappy stock with a huge following that’s going to get MURDERED possibly tomorrow and into the coming days. Doing 1 minute worth of research I found one of the most famous short sellers on Twitter hyping it up.
— lx21 (@lx21) November 10, 2016
Twitter stars like this with 20,000 followers will bring a lot of attention to this stock tomorrow. Those who are optimistic will end up becoming lunch.
Net Change and Volume Up Scan
Within TC2000 click on New > Condition (PCF) Formula
Name: Volume/Net Change Up
Time Frame: Daily
Condition: V > V1 & C > C1
In the end your scan should look something like this.