Best Seasonal Swing Trades for May 03, 2024
Daily Seasonal Swing Trade of the Day
May 3rd has quite a few seasonal trading opportunities on the watchlist. $TTWO has closed higher 9 of the last 9
(100.00%) years from May 3rd to May 22nd. $TTWO has averaged 10.96%
over the period with a maximum percent gain of 21.98% in 2017 and a minimum
return of 3.00% in 2022. $TTWO has been higher 9 years in a row from May 3rd to May 22nd.
Win: 100.00%
Avg: 10.96%
Max: 21.98%
Min: 3.00%
A few other tickers have been profitable around this trading day as well. $SAIC has closed higher 10 of the last 10 (100.00%) times
from May 3rd to May 22nd including 10 years in a row. $VMW
has closed higher 10 of last 10 (100.00%) times from May 3rd to
May 15th including 16 years in a row .
Not identified as one of our best trades but certainly noteworthy, $GIS has closed higher 16 of the last 16 (100.00%) times from May 3rd to May 16th.
Intraday Seasonal Trades for May 3rd
A couple interesting seasonal trades for Friday include $PWSC and $EVR. From 10:00 to 10:30, $PWSC has closed
higher 21 of the last 34 days or 61.76% of the time. $EVR has closed
higher 22 of the last 36 days or 61.11% from 09:30 to 10:00.
Always good to keep an eye on $DGRW which has closed higher 60.61% of the time from 10:00 to 10:30 over the last 33
days. The average return over this period is -0.02%.
Here are a few winning seasonal trades from May 02
A trade entered on April 23rd at 308.09 and exited on
May 2nd at 315.27 returned 2.33% on a strong seasonal pattern in
$ETN. The symbol has now traded higher 5 of the last 5 years with an
average return of 3.16% over that period.
Win: 100.00%
Avg: 3.16%
Max: 6.37%
Min: 0.31%
The seasonal swing in $SMG also exited on May 2nd for
a win of 0.19%. The seasonal pattern entered on has been May 1st 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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