Top Seasonal Trades for May 07, 2024
Daily Seasonal Swing Trade of the Day
May 7th has quite a few seasonal trading opportunities on the watchlist. $TTWO has closed higher 9 of the last 9
(100.00%) years from May 7th to May 20th. $TTWO has averaged 9.40%
over the period with a maximum percent gain of 18.46% in 2017 and a minimum
return of 1.65% in 2018. $TTWO has been higher 9 years in a row from May 7th to May 20th.
Win: 100.00%
Avg: 9.40%
Max: 18.46%
Min: 1.65%
A few other tickers have been profitable around this trading day as well. $SNPS has closed higher 11 of the last 11 (100.00%) times
from May 7th to May 24th including 10 years in a row. $SAIC
has closed higher 10 of last 10 (100.00%) times from May 7th to
May 24th including 11 years in a row .
Not identified as one of our best trades but certainly noteworthy, $NDAQ has closed higher 11 of the last 11 (100.00%) times from May 7th to May 24th.
Intraday Seasonal Trades for May 7th
A couple interesting seasonal trades for Tuesday include $WAL and $ACIW. From 09:30 to 10:00, $WAL has closed
higher 23 of the last 31 days or 74.19% of the time. $ACIW has closed
higher 29 of the last 41 days or 70.73% from 09:30 to 10:00.
Always good to keep an eye on $MCRI which has closed higher 65.62% of the time from 10:00 to 10:30 over the last 32
days. The average return over this period is 0.45%.
Here are a few winning seasonal trades from May 06
A trade entered on May 1st at 2956.40 and exited on
May 6th at 2967.70 returned 0.38% on a strong seasonal pattern in
$AZO. The symbol has now traded higher 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%
The seasonal swing in $ORLY also exited on May 6th for
a win of 1.09%. The seasonal pattern entered on has been May 2nd correct 9 of the last 9
years. The seasonal pattern has been correct 9 of the last 9 years including 9 years in a row.
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