HaiKhuu Daily Report 5/04/2022
Good morning and Happy Wednesday, May the 4th be with you!
Hope you all are having an amazing morning and are excited to trade! Markets are looking very optimistic for the day!
Please be actively watching the markets at 2/2:30 pm EST as we have FOMC and Jerome Powell speaking.
This will cause the markets to move heavily in whichever direction it chooses. Tread lightly today but capitalize on the volatility and momentum!
Thoughts & Comments from 5/04/2022
Yesterday was a slow and choppy day for the market. Lots of great opportunities to actively trade equities intraday, but for people long holding equities, there really was not much to do. $BA, $AMD, and $SBUX all performed beautifully. $AMD and $SBUX ripped after hours with positive earnings reports. I hope you all were able to get allocations!
$BA $153.58 +4.97 (3.34%). PWWR $153.70
$AMD $91.13 +1.29 (1.44%). AH +5.20 (5.71%) PWWR $96.37
$SBUX $74.33 -1.04 (1.38%). AH +4.93 (6.63%) PWWR $79.26
$SPY 5/03/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 5/04/2022
Today should be an insane day for the markets. Like I said before, please be careful trading today due to the FOMC minutes coming out at 2 PM EST. I expect the markets to move heavily for the first hour or so of the day, and then have relatively slow but steady momentum in a singular direction until 2 PM EST. After 2 PM EST, there will be a significant amount of volume, momentum, and volatility. Active traders should have an amazing time trading today. Options sellers will get opportunities to sell both calls and puts for a high premium, and people who have long holdings, assuming FOMC causes the markets to rally, will smile and have a great time.
Tread lightly today, but be aggressive with your plays. Make sure to manage your downside risk and cut positions that are not working. But the aggressive traders today will make or lose the most money. This does not mean you should get greedy with your gains or do anything stupid. Be smart with your plays and let’s realize some gains today!
Watch out for $EBAY earnings after hours. It will be a risky play, but I personally am bearish on the organization after watching what has happened to $AMZN. This again, is a sketchy play and I do not actively advise anyone to gamble on earnings, but I might get a bearish position on $EBAY after $FOMC.
All of the allocations I make today will be posted live in the HaiKhuu Discord.
Please make sure to check them out all day and around 2 PM EST for when things start to get crazy.
HaiKhuu Proprietary Algorithm Report:
Algo did amazing yesterday. Our BAOSAC systems net a return of +0.53% AUM, beating $SPY.
On top of our system being profitable, I was able to increase the profitability of the account to +0.6% beating out our target daily returns by 300%. With our overnight allocations, we are up more than +1% AUM since writing this report yesterday.
Today, we will be entering into 23 allocations in the Pilot trading account at open, again utilizing a linear scaled entry in accordance with our power confidence model. All positions will be dictated in the HaiKhuu Discord prior to market open.
Just a brief explanation again on the confidence model that we have. There are multiple reasons why we are confident in each position, some positions being different reasons than others. If we have multiple reasons why we are bullish on a stock, IE multiple asterisks, we are more confident in that position going up, as well as will allocate more money into that position due to that increased confidence. We do not recommend you obviously cherrypick any positions as this works best while being able to allocate to every position to minimize risk, but those are the plays we have the most confidence in.
We are still working on upgrading our intraday alert system with entries, exits, and stop losses. I will let you all know when that is finished. Systems are already in place, we are just working on improving the profitability and consistency before pushing these out as we cannot confidently publish them yet as the profitability is not on par with the current BAOSAC system.
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.
Generated entries for 5/04/2022
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 , $AMD , $GOOGL , $TSLA , $BA , $AAPL , $MSFT , $BABA , /CL , $EBAY*
Free Equity List:
Safe - $SPY , $AAPL , $MSFT
Risky- $AMD , $BA , $BABA , $NVDA , $SOFI
Swing Opportunities:
Grabbing strong equities is starting to become more promising, but still has a relatively higher risk at the moment. I’d still recommend selling CSPs. Start looking for entry positions on organizations like $AAPL , $GOOGL , $AMZN and $MSFT
LONG OPPORTUNITIES:
(Note, these are risky long speculative purchases but have a lot of upside potential)
$BABA & $PYPL - Both are heavily hit organizations that are severely undervalued.
$AMZN, $GOOG/L, $TSLA - Three stocks that in the near future will have a stock split
Economic News for 5/04/2022
ADP employment report - 8:15 AM ET
International trade balance - 8:30 AM ET
S&P Global US services PMI (final) - 9:45 AM ET
ISM services index - 10 AM ET
FOMC Statement - 2 PM ET
Fed Chair Jerome Powell news conference - 2:30 PM ET
Notable Earnings for 5/04/2022
Pre-Market Earnings:
CVS Health (CVS)
Regeneron Pharma (REGN)
Marriot International (MAR)
Moderna Inc (MRNA)
Emerson Electric Company (EMR)
Barrick Gold Corp (GOLD)
Wingstop (WING)
IDEXX Lab (IDXX)
Yum! Brands (YUM)
CDW Corp (CDW)
After-Hours Earnings:
Booking Holdings (BKNG)
Uber Tech (UBER)
Pioneer Natural Resources (PXD)
MetLife (MET)
Fortinet Inc (FTNT)
Realty Income Corp (O)
Corteva (CTVA)
Allstate Corp (ALL)
Energy Transfer (ET)
eBay (EBAY)
Wrap up
Be extremely careful when trading today. With FOMC at 2 PM and JP speaking at 2:30 PM things will be turbulent. Like I said before, be smart with your trades but be aggressive when you have the opportunity to do so. Limit your downside risk potential and realize some gains.
Make sure to join our free Discord if you are not a part of our trading community, click HERE to join!