Rarely in consideration to day trading do fundamentals behave as a fundamentalist would think - they are definitely in the background as a guide to what is good or not - just have a cruise around any thread -
I would say that finding the right entry on what you like is fine - but with regards to daytrading - it is maybe a knowledge of what is going on in the process of any given stock and picking the right entry for a trade on the day - Lately a lot of things have gapped up - so in the end that rewards the holders - which is good - Daytrading is like walking through a minefield with very little radio contact - Charts are the map in this game - and that also applies to gap ups and everything else - being able to pick things that are right on the fly is the game - And recognizing the exit fast ....