HaiKhuu Daily Report 4/29/2022
Good morning and happy Friday everyone!
Glad to have you reading this report on a beautiful Friday morning, Stay amazing, stay hydrated, and let’s make some BANK!
Thoughts & Comments from 4/29/2022
Yesterday was an absolute rollercoaster of emotions throughout the day. We started the day with a terrible sell-off. Markets opened and dropped over 1% before going on a complete tear for the rest of the day. $SPY closed up@$427.81 (2.53%), and /NQ closed up 3.55%.
Anyone who had long holdings or attempted to trade the upside had a BEAUTIFUL time yesterday.
$PYPL did amazing, $AAPL did amazing (Until earnings), and $AMZN cratered.
PWWR $AMZN -$248.10 (8.58%) / $AAPL $159.52, -4.12 (2.59%)
There were a lot of opportunities for you to be able to capitalize on the volatility and I hope you all realized some beautiful gains!
Thoughts & Comments for Today 4/29/2022
Markets are not looking the best right now. As I stated earlier, unfortunately, $AAPL & $AMZN did not do the best yesterday, and that reflects on the market. PWWR $SPY $423.99. We are still back above the $420 resistance level, but without $AAPL and $AMZN earnings lurking on us anymore, this is both a good and bad thing. There are no more major catalysts to cause the markets to sell off heavily, but at the same time, there is no heavy catalyst for us to move up today.
I am skeptical of the market in its current state that it is at and have continued to voice my concern through these reports. Markets will continue to chop around the $420 level prior to making a true decision on which direction it wants to pick. Being optimistic, I don’t want the markets to do anything insane. Still, we all know that when the markets inevitably decide their direction, it will be a sharp and quick movement in either direction.
I feel the best opportunity if you are actively looking to purchase something, the move would be to hold cash and wait until you see opportunities that present themselves to you instead of trying to force anything.
Right now is not the best time to purchase long equities due to the turbulence in the market. Still, it presents many opportunities for anyone who can actively navigate the stock market.
Tread lightly in these market conditions, have stops in place that you will respect, and practice safe risk management. Capitalize on this volatility and momentum, but stay nimble and diligent.
If you want to watch me make any positions or see what I do, I’ll post everything in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Algo systems did amazing yesterday. Unfortunately, the markets did outperform us yesterday.
Utilizing our BAOSAC system you would have been able to generate a positive return of 1.4%.
Allocations will be generated as normal today prior to market entry with a linear scaled entry model in accordance to our power confidence model.
Every position purchased will be alerted prior to entry in the HaiKhuu Discord.
DISCLAIMER - Utilize these trades with caution. These predictions are generated via our proprietary trading algorithm without taking into account market conditions, news, or any external biases. We cannot guarantee success. Take these at your own risk.
My Personal Watchlist :
Note, just because something is on my watchlist does not mean it is a signal to buy or sell any equities
Watchlist:
$SPY , $GOOGL , $BABA , $AMZN , $HOOD , $INTC , $ZYME , $BA
Free Equity List:
Safe -$SPY
Risky- $TSLA , $BABA , $AMD , $NVDA , $HOOD , $AAPL , $MSFT
Swing Opportunities:
CSPs / Spreads on $SPY
LONG OPPORTUNITIES:
(Note, these are risky long speculative purchases but have a lot of upside potential)
$BABA & $PYPL - Both heavily hit severely undervalued organizations.
$AMZN, $GOOG/L, $TSLA - Three stocks that in the near future will have a stock split
Economic News for 4/29/2022
Employment cost index - 8:30 AM ET
PCE price index - 8:30 AM ET
Core PCE price index - 8:30 AM ET
PCE price index (year-over-year) - 8:30 AM ET
Core PCE price index (year-over-year) - 8:30 AM ET
Nominal personal income - 8:30 AM ET
Nominal consumer spending - 8:30 AM ET
Real disposable incomes - 8:30 AM ET
Real consumer spending - 8:30 AM ET
Chicago PMI - 9:45 AM ET
UMich consumer sentiment index (final) - 10 AM ET
UMich 5-year inflation expectations - 10 AM ET
Notable Earnings for 4/29/2022
Pre-Market Earnings:
Exxon Mobile (XOM)
Chevron Corp (CVX)
AbbVie (ABBV)
Astrazeneca Plc (AZN)
Honeywell (HON)
Aon Plc (AON)
Bristol-Myers Squibb (BMY)
Phillips 66 (PSX)
L3Harris Tech (LHX)
LyondellBasell (LYB)
Wrap up
Good luck trading today, practice safe risk management, and let’s make some bank today!
I hope you all have a fantastic weekend, and make sure to stay hydrated!
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