HaiKhuu Daily Report 5/05/2022
Good morning and happy Cinco de Mayo everyone! Hope you all are smiling and loving the markets right now. Yesterday was a much-needed pump in the market and I hope you all are confident and optimistic for today.
Thoughts & Comments from 5/04/2022
Yesterday was a tough day initially for the market. We dropped from open and made a low of $413.71. Leading into FOMC the markets rallied up and hovered around ~$417 and then at 2 & 2:30 PM EST, things just went absolutely insane. Markets dropped to lows as Jerome Powell got on stage to speak, then proceeded to rally like crazy into close. $SPY closed at a new 5-day high at $429.06 PWWR $426.19
Yesterday was FREE MONEY. Hope you are excited and hyped for the markets, we needed a day like yesterday to rejuvenate the markets!
$EBAY had earnings after hours. They dropped like a rock after the run into close. It reached $54.70 and hit a low of $49.50. I covered my short allocation under $50 and ran like a bandit from the play. Hope you all were able to get short positions on $EBAY too!
Thoughts & Comments for Today 5/05/2022
I am very optimistic for today as a result of yesterday. Please be careful as there is a lot of room for downside potential as a result of the pump from yesterday. We have major resistance on $SPY at $430 that we have to break and major support at $425 and $420.
Assuming confidence is still high in the markets for today and we do not have any major selling, I am confident that we can test and breakthrough $430 again.
The perfect end to this week would be:
$SPY $434
$MSFT $300
$AAPL $170
$TSLA $1000
$GOOGL $2500
$AMD $100
Let’s see what happens today and tomorrow, markets will be exciting.
Don’t be greedy and tread lightly while trading.
Make sure to have long allocations in strong organizations you have confidence in at a price you are comfortable at will be the key to building long-term wealth. Pick organizations with a high dividend yield and turn on DRIP. I personally have $GAIN set up this way where I get shares added to my account monthly and I forget about it. It’s not at a bad price so I’d recommend you all at least get some long exposure.
NFTs- Today will be the NBA Playoffs Round 1 NFT drop. $19 a pack or 10 Trade-in Tickets. I will be purchasing as many of these as I am allowed to purchase. Queue 1 ($19) is at 5pm EST / Queue 2 (10 Trade Tickets) is at 7pm EST. In my opinion, it is worth the gamble. Worst case scenario, you are gambling $13 per pack, but you should be EV+ on this pack. I’d be surprised if it was not. Link to the pack.
I’m still holding many of my long allocations and actively trading where I can. Most of my time is spent managing the pilot trading account every day, but if you want to watch for when I post any of my allocations, they will be posted live in the HaiKhuu Discord!
HaiKhuu Proprietary Algorithm Report:
The BAOSAC system yesterday had a PERFECT day. In the rare occurrence of a day like yesterday when we rally unexpectedly into close, the BAOSAC system works out perfectly. We went 23 for 23 on the market. If you were to utilize this system fully, you would have had a net return of 3%. I have included the results of the BAOSAC positions from yesterday below.
Today we will be entering into positions like normal. We will be utilizing roughly 88% of our portfolio today. Everything will be bought at open using the same linear scaled entry model we’ve been utilizing.
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 , $AAPL , $MSFT , $PYPL , $SOFI , $TSLA , $AMD , $BABA
Free Equity List:
Safer - $SPY, $F , $AAPL , $MSFT
Risky- $BABA , $AMD , $NVDA , $SOFI, $BA
Swing Opportunities:
Equities are back into an area where we can buy with confidence and have room to move up. Continue to make initial purchases on organizations you want equity in for exposure. Yesterday would have been a beautiful day to start allocations.
If you have enough equity to sell covered calls, start selling them OTM at a price you personally are comfortable selling at and collect some premium on the equity while you are just simply holding your position.
Great organizations to safely place your money: $AAPL , $MSFT , $SPY
Riskier places to allocate your money: $AMD , $NVDA , $BA , $FB
Riskiest places to allocate your money: $BABA , $PYPL , $SOFI
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
$GAIN - Monthly Dividend stock. Turn on DRIP and let it actively grow itself with time
Economic News for 5/05/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Productivity (SAAR) - 8:30 AM ET
Unit labor costs (SAAR) - 8:30 AM ET
Notable Earnings for 5/05/2022
Pre-Market Earnings:
ConocoPhillips (COP)
Anheuser-Busch (BUD)
Zoetis Inc (ZTS)
Becton Dickinson (BDX)
Dominion Energy (D)
Intercontinental Exchange (ICE)
Air Products and Chemicals (APD)
Shopify (SHOP)
Datadog (DDOG)
Royal Caribbean (RCL)
After-Hours Earnings:
Block (SQ)
EOG Resources (EOG)
Vertex Pharma (VRTX)
McKesson Corp (MCK)
Illumina Inc (ILMN)
Republic Services Inc (RSG)
Lucid Group (LCID)
Cloudflare (NET)
DoorDash (DASH)
Bill.com (BILL)
Wrap up
It’s going to be another insane day for the markets and I hope you all are hyped and excited! Be a little more aggressive when trading today with this confidence in the market and don’t get greedy!
Realize some gains and have a great time doing so.
Hope you all have a great day and make sure to stay hydrated!
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