Top Seasonal Swing Trades for October 17, 2023
Daily Seasonal Swing Trade of the Day
October 17th has quite a few seasonal trading opportunities on the watchlist. $SPR has closed higher 10 of the last 10
(100.00%) years from October 17th to November 3rd. $SPR has averaged 13.59%
over the period with a maximum percent gain of 48.14% in 2020 and a minimum
return of 0.82% in 2017. $SPR has been higher 10 years in a row from October 17th to November 3rd.
Win: 100.00%
Avg: 13.59%
Max: 48.14%
Min: 0.82%
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 17th to November 3rd including 11 years in a row. $ITT
has closed higher 11 of last 11 (100.00%) times from October 17th to
November 3rd including 10 years in a row .
Not identified as one of our best trades but certainly noteworthy, $ABBV has closed higher 10 of the last 10 (100.00%) times from October 17th to November 3rd.
Intraday Seasonal Trades for October 17th
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 October 16
A trade entered on October 13rd at 50.28 and exited on
October 16th at 50.70 returned 0.84% on a strong seasonal pattern in
$TRMB. The symbol has now traded higher 16 of the last 16 years with an
average return of 1.81% over that period.
Win: 100.00%
Avg: 1.81%
Max: 5.27%
Min: 0.03%
The seasonal swing in $DVA also exited on October 16th for
a win of 1.06%. The seasonal pattern entered on has been October 13rd 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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