note500
Feature · Seasonality

The one thing no other trading journal has: market seasonality

Every journal tells you what you did. note500 also tells you what the market tends to do from here — built from about 100 years of S&P 500 history — and, with Compare, lays your own trades on top of it. So the question "is this month usually like this?" finally has an answer.

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The note500 seasonality view: monthly seasonality bars with win rates and the seasonal bias for the current month.
Monthly tendencies for the S&P 500 — average return and win rate per month, current month highlighted.

What seasonality answers

Given the calendar alone, what has the S&P 500 historically done from exactly where we are today? note500 turns decades of daily index history into four plain-English reads:

The note500 seasonal roadmap: the average year path traced against the current year's actual path, day by day, with a today marker.
The seasonal roadmap — ~98 years of average path (in green) against the current year's actual path, with a today marker.

Compare: your trades against the calendar

This is where seasonality stops being trivia. Compare overlays your own results on the seasonal picture, so you can see the thing that's invisible in a plain journal: do you trade better or worse when the calendar is a tailwind versus a headwind? Some traders discover their edge lives almost entirely in strong-seasonality windows; others find they force trades in the flat, chop-prone stretches. Either way, it's a pattern you can only see when your P&L and the market's history sit on the same chart.

The note500 Compare report: your cumulative P&L for the year traced on the same chart as the S&P 500's 98-year average seasonal path and this year's actual path, on a dual axis (SPX percent vs your dollars), with a today marker.
Compare — your cumulative P&L (orange) on the same chart as the market's 98-year seasonal average and this year's actual path.
The note500 seasonality forward-return expectations: average return, win rate and worst case over the next 5, 10 and 21 trading days.
Forward-return expectations from today's position — 5, 10 and 21 trading days out, each with its win rate.
The note500 seasonality detail: day-of-week tendencies, the month-internal path, and named windows such as turn-of-month and OpEx week.
Named windows and the month-internal path — turn-of-month, OpEx week and more, each flagged when it's active.

How the numbers are built

The note500 seasonality bias gauge and lookback-window selector, with the data-through date shown.
A single seasonal-bias read for today, with a 10y / 20y / 30y / all lookback selector and the data-through date.
A weak prior, by design. Seasonality sets size and confidence context — never direction, and never a standalone reason to enter or exit. A tailwind supports your normal size; a headwind is one notch of caution. It never overrides your own read of the setup. Averages over a few decades hide 2008s and 2020s, and note500 shows you exactly that instead of hiding it.

Why it's not on other journals

Building this means maintaining a century of clean index history, trading-day-aligned math, and a way to cross it with each user's trades — work most journals skip because they treat "journal" as a record of the past, not a lens on the present. That's the bet note500 makes: your results are more useful next to the market's own tendencies. As of 2026, no other mainstream trading journal ships this.

See your trades against ~100 years of market history →

Seasonality and Compare are included on every note500 paid plan (Plus and Ultimate) — see pricing. Historical market tendencies are not predictions; past performance does not guarantee future results.