In today’s Super Seasonals: Trade of the Week we will look at Steel Dynamics Inc, (STLD).
Steel Dynamics, Inc. engages in the production of steel and recycling of metals.
Below is the seasonal pattern that the software uncovered Since 1996…
55% Annualized Return.
Below is a look at the past 5-10 years…
Below is a visual look at the past 10 years…we have a decent push up during the upcoming highlighted seasonal pattern, then you will notice a strong seasonal tendency to have a bullish push into the end of the year.
As you likely know, there are literally dozens of solid ways to approach trading Steel Dynamics Inc, (STLD) with a bullish bias.
The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties.
Please remember to fully understand the risk before trading anything.
It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals.
Trade Smart,
Chad Shirley
