Top Seasonal Trades for May 07, 2024

Daily Seasonal Swing Trade of the Day

One of the best seasonal trades for May 7th has been $TTWO. $TTWO has closed higher 9 of the last 9 years (100.00%) from May 7th to May 20th with an average return of 9.40%. The max return was 18.46% in 2017 while the worst return was 1.65% in 2018. $TTWO closed at 148.34 on May 06. $TTWO has closed higher on 61 of the last 134 Tuesdays with an average return of -0.13% over that period.


Win: 100.00%
Avg: 9.40%
Max: 18.46%
Min: 1.65%


A few other daily seasonal trades of interest include:
-$SNPS higher 11 of the last 11 (100.00%) times from May 7th to May 24th
-$SAIC higher 10 of the last 10 (100.00%) times from May 7th to May 24th

Intraday Seasonal Trade of the Day for May 7th

Day traders looking for an edge on May 7th may look toward $WAL at 09:30 ET to 10:00 ET. $WAL has closed higher during this time period on 23 of the last 31 Tuesdays or 74.19% of the time with an average return of 0.63%.

A few intraday seasonal trades of interest for May 7th include:
-$ACIW higher 29 of the last 41 Tuesdays (70.73%) from 09:30 ET to 10:00 ET
-$MCRI higher 21 of the last 32 Tuesdays (65.62%) from 10:00 ET to 10:30 ET

Some winning seasonal trades from Monday May 06

$AZO closed at 2967.70 Monday after an entry of 2956.40 on May 1st returning 0.38% on the trade. The seasonal trade has now been correct 10 of the last 10 years with an average return of 1.46% over that period.


Win: 100.00%
Avg: 1.46%
Max: 4.07%
Min: 0.23%



$ORLY closed at 1016.09 Monday after an entry of 1005.11 on May 2nd returning 1.09% on the trade. The seasonal trade has now been correct 9 of the last 9 years with an average return of 1.83% over that period.

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