Best Seasonal Trades for October 16, 2023
Daily Seasonal Swing Trade of the Day
October 16th has quite a few seasonal trading opportunities on the watchlist. $SPR has closed higher 10 of the last 10
(100.00%) years from October 16th to November 3rd. $SPR has averaged 16.59%
over the period with a maximum percent gain of 61.58% in 2020 and a minimum
return of 1.29% in 2021. $SPR has been higher 10 years in a row from October 16th to November 3rd.
Win: 100.00%
Avg: 16.59%
Max: 61.58%
Min: 1.29%
A few other tickers have been profitable around this trading day as well. $TER has closed higher 13 of the last 13 (100.00%) times
from October 16th to November 3rd including 11 years in a row. $ITT
has closed higher 11 of last 11 (100.00%) times from October 16th to
November 3rd including 13 years in a row .
Not identified as one of our best trades but certainly noteworthy, $KLAC has closed higher 13 of the last 13 (100.00%) times from October 16th to November 4th.
Intraday Seasonal Trades for October 16th
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 October 13
A trade entered on October 11st at 171.00 and exited on
October 13rd at 176.71 returned 3.34% on a strong seasonal pattern in
$LNG. The symbol has now traded higher 7 of the last 7 years with an
average return of 3.21% over that period.
Win: 100.00%
Avg: 3.21%
Max: 5.92%
Min: 1.17%
The seasonal swing in $ORLY also exited on October 13rd for
a win of 1.10%. The seasonal pattern entered on has been October 12nd correct 7 of the last 7
years. The seasonal pattern has been correct 7 of the last 7 years including 7 years in a row.
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