Best Seasonal Trades for January 22, 2024
Daily Seasonal Swing Trade of the Day
January 22nd has quite a few seasonal trading opportunities on the watchlist. $MU has closed higher 13 of the last 13
(100.00%) years from January 22nd to February 9th. $MU has averaged 7.58%
over the period with a maximum percent gain of 22.92% in 2011 and a minimum
return of 0.94% in 2023. $MU has been higher 13 years in a row from January 22nd to February 9th.
Win: 100.00%
Avg: 7.58%
Max: 22.92%
Min: 0.94%
A few other tickers have been profitable around this trading day as well. $NYT has closed higher 9 of the last 9 (100.00%) times
from January 22nd to February 4th including 9 years in a row. $HCA
has closed higher 9 of last 9 (100.00%) times from January 22nd to
February 9th including 13 years in a row .
Not identified as one of our best trades but certainly noteworthy, $MTB has closed higher 13 of the last 13 (100.00%) times from January 22nd to February 9th.
Intraday Seasonal Trades for January 22nd
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 January 19
A trade entered on January 5th at 196.56 and exited on
January 19th at 201.55 returned 2.54% on a strong seasonal pattern in
$WEX. The symbol has now traded higher 8 of the last 8 years with an
average return of 5.02% over that period.
Win: 100.00%
Avg: 5.02%
Max: 14.01%
Min: 1.47%
The seasonal swing in $FLS also exited on January 19th for
a win of 2.21%. The seasonal pattern entered on has been January 5th 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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