Best Seasonal Swing Trades for May 02, 2024
Daily Seasonal Swing Trade of the Day
May 2nd has quite a few seasonal trading opportunities on the watchlist. $TTWO has closed higher 9 of the last 9
(100.00%) years from May 2nd to May 16th. $TTWO has averaged 10.56%
over the period with a maximum percent gain of 21.47% in 2017 and a minimum
return of 1.10% in 2022. $TTWO has been higher 9 years in a row from May 2nd to May 16th.
Win: 100.00%
Avg: 10.56%
Max: 21.47%
Min: 1.10%
A few other tickers have been profitable around this trading day as well. $TMUS has closed higher 10 of the last 10 (100.00%) times
from May 2nd to May 16th including 12 years in a row. $LFUS
has closed higher 12 of last 12 (100.00%) times from May 2nd to
May 3rd including 11 years in a row .
Not identified as one of our best trades but certainly noteworthy, $MLM has closed higher 11 of the last 11 (100.00%) times from May 2nd to May 4th.
Intraday Seasonal Trades for May 2nd
A couple interesting seasonal trades for Thursday include $NATI and $ITGR. From 09:30 to 10:00, $NATI has closed
higher 22 of the last 31 days or 70.97% of the time. $ITGR has closed
higher 26 of the last 37 days or 70.27% from 10:00 to 10:30.
Always good to keep an eye on $TEAM which has closed higher 67.74% of the time from 09:30 to 10:00 over the last 31
days. The average return over this period is 0.54%.
Here are a few winning seasonal trades from May 01
A trade entered on April 18th at 47.82 and exited on
May 1st at 47.84 returned 0.04% on a strong seasonal pattern in
$VTIP. The symbol has now traded higher 6 of the last 6 years with an
average return of 0.20% over that period.
Win: 100.00%
Avg: 0.20%
Max: 0.48%
Min: 0.02%
The seasonal swing in $WDC also exited on May 1st for
a win of 6.75%. The seasonal pattern entered on has been April 22nd correct 5 of the last 5
years. The seasonal pattern has been correct 5 of the last 5 years including 5 years in a row.
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