Best Seasonal Trades for August 07, 2023
Daily Seasonal Swing Trade of the Day
August 7th has quite a few seasonal trading opportunities on the watchlist. $ROST has closed higher 9 of the last 9
(100.00%) years from August 7th to August 16th. $ROST has averaged 4.92%
over the period with a maximum percent gain of 8.05% in 2022 and a minimum
return of 2.26% in 2016. $ROST has been higher 9 years in a row from August 7th to August 16th.
Win: 100.00%
Avg: 4.92%
Max: 8.05%
Min: 2.26%
A few other tickers have been profitable around this trading day as well. $MKC has closed higher 9 of the last 9 (100.00%) times
from August 7th to August 17th including 11 years in a row. $WWD
has closed higher 11 of last 11 (100.00%) times from August 7th to
August 11st including 10 years in a row .
Not identified as one of our best trades but certainly noteworthy, $HEI.A has closed higher 10 of the last 10 (100.00%) times from August 7th to August 11st.
Intraday Seasonal Trades for August 7th
A couple interesting seasonal trades for Monday include $DGX and $CALM. From 09:30 to 10:00, $DGX has closed
higher 21 of the last 32 days or 65.62% of the time. $CALM has closed
higher 21 of the last 32 days or 65.62% from 10:00 to 10:30.
Always good to keep an eye on $IYF which has closed higher 63.83% of the time from 09:30 to 10:00 over the last 47
days. The average return over this period is 0.06%.
Here are a few winning seasonal trades from August 04
A trade entered on August 3rd at 157.88 and exited on
August 4th at 158.25 returned 0.23% on a strong seasonal pattern in
$VMW. The symbol has now traded higher 10 of the last 10 years with an
average return of 1.75% over that period.
Win: 100.00%
Avg: 1.75%
Max: 6.23%
Min: 0.23%
The seasonal swing in $MLM also exited on August 4th for
a win of 0.57%. The seasonal pattern entered on has been August 2nd correct 10 of the last 10
years. The seasonal pattern has been correct 10 of the last 10 years including 10 years in a row.
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