Top Seasonal Swing Trades for April 23, 2024
Daily Seasonal Swing Trade of the Day
April 23rd has quite a few seasonal trading opportunities on the watchlist. $TPX has closed higher 10 of the last 10
(100.00%) years from April 23rd to May 3rd. $TPX has averaged 6.14%
over the period with a maximum percent gain of 26.70% in 2020 and a minimum
return of 0.05% in 2021. $TPX has been higher 10 years in a row from April 23rd to May 3rd.
Win: 100.00%
Avg: 6.14%
Max: 26.70%
Min: 0.05%
A few other tickers have been profitable around this trading day as well. $VMC has closed higher 13 of the last 13 (100.00%) times
from April 23rd to April 30th including 13 years in a row. $MAT
has closed higher 13 of last 13 (100.00%) times from April 23rd to
April 27th including 9 years in a row .
Not identified as one of our best trades but certainly noteworthy, $ULTA has closed higher 9 of the last 9 (100.00%) times from April 23rd to April 28th.
Intraday Seasonal Trades for April 23rd
A couple interesting seasonal trades for Tuesday include $WAL and $ACIW. From 09:30 to 10:00, $WAL has closed
higher 23 of the last 31 days or 74.19% of the time. $ACIW has closed
higher 29 of the last 41 days or 70.73% from 09:30 to 10:00.
Always good to keep an eye on $MCRI which has closed higher 65.62% of the time from 10:00 to 10:30 over the last 32
days. The average return over this period is 0.45%.
Here are a few winning seasonal trades from April 22
A trade entered on April 8th at 1594.57 and exited on
April 22nd at 1622.75 returned 1.77% on a strong seasonal pattern in
$FCNCA. The symbol has now traded higher 9 of the last 9 years with an
average return of 3.22% over that period.
Win: 100.00%
Avg: 3.22%
Max: 7.90%
Min: 0.51%
The seasonal swing in $EIX also exited on April 22nd for
a win of 0.76%. The seasonal pattern entered on has been April 3rd correct 8 of the last 8
years. The seasonal pattern has been correct 8 of the last 8 years including 8 years in a row.
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