The Trade Desk Gearing Up For a Nice November

The Trade Desk fell 8.76% on Friday. Marking its 13th time this month that it fell more than 5% in a single day. Which puts it right around its historical averages meaning it might be the last time this year it falls more than 5% in a single day.

The Trade Desk is down 7.67% in 2021. Which is way outside its historical averages and the only time the stock has gone negative since going public. Before this year The Trade Desk gave three straight years of triple digit returns in a row (see below):

The Trade Desk is historically a pretty volatile stock with big swings and could be gearing up for a big November. Our reasoning behind this is that The Trade Desk has averaged a 17% return in the month of November. In the month of November TTD has given 4 positive returns out of a maximum of 5. We expect TTD to give back some of those gains in December however as December tends to be TTD’s worst month of all, only giving a positive return once.