Dow Jones Against its Best Projected Seasonal Pattern

Last Friday many stocks had bullish MACD crossovers. That includes 23 NASDAQ100 stocks and 18 S&P100 stocks.

After passing them through our factor seasonal filters, a smaller subset of stocks was left for consideration. These include USB, GILD, FCX, MS, RTN, DELL, FAST, ERTS, MXIM, GENZ, CELG, GILD. That’s 6 S&P100 stocks and 7 NASDAQ100 stocks. So you can see that the factor seasonal approach really cuts down on trades to look at, and THAT’s VALUABLE!

Of those passing yet a further set of filters, three stocks were left: RTN, FAST and CELG. 41 stocks were reduced to 3 (USB is a semi-possible, which would make 4). Here are the charts:

Raytheon – Aerospace and Defense

Fastenal Company – Materials and Construction”

CELG – Drugs and Biotech