HaiKhuu Daily Trading Report

Good morning and Happy Friday!

Hope you all are recovering nicely from your Cinco de Mayo celebrations. Yesterday was a tough day but C’est La Vie.

Last trading day of the week. Let’s finish strong and on a good note!

Thoughts & Comments from 5/06/2022

Yesterday was literally the worst day we’ve had this trading year. /NQ had its own little Cinco De Mayo celebration by dropping 5%

$TSLA dropped 8.33%
$GOOGL dropped 4.71%
$AMZN dropped 7.56%
$AAPL dropped 5.57%
$MSFT dropped 4.36%

All of the bullish momentum and optimism from Wednesday has been smashed, almost EVERYTHING sold off yesterday. We are right back to where we started prior to FOMC. Market giveth, Market taketh.

This is not all bad news though, we are back under the $420 support level, but this gives us another opportunity to pick up and purchase more long equities and sell CSPs on organizations you have confidence in. CSPs on tech that have been hit while volatility is high will be a great passive play for the day and I cannot wait to see what opportunities we have in store for today.

Thoughts & Comments for Today 5/06/2022

I’m optimistic about today but realistic about the current location of the market at the moment. Right now, we are under the $420 support level on $SPY and the markets are in a sketchy territory. After a red day like yesterday, one of two situations will happen. We will either have a beautiful green day today, or the blood will continue.

Hopefully, we don’t see major selling off due to the fact that it is Friday and have some beautiful buying volume all day.

Watch out and be cautious though. Markets are at major support levels right now. In the case that things do come down, please make sure you are treading lightly. If $SPY breaks $410, I would advise you guys to be out of most allocations and watch what happens.

Like I’ve said, the safest play you can take right now is selling CSPs on organizations you personally have confidence in.

I will be selling some 0DTE contracts today on $SPY, $AAPL, and $MSFT given the opportunity while the premium is high and ride those through the day to collect premium on capital that is not utilized.

Loving the $400/$390P 0DTE spread on $SPY. Please be extremely cautious of this and only do it if you’re an experienced trader.

There will be opportunities to trade today, but as always, please make sure to practice safe risk management.

If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.

HaiKhuu Proprietary Algorithm Report:

Our algo and pilot beat the market yesterday. It is just unfortunate that due to the markets coming down all allocations yesterday were hit as a result. We did outperform the market by only producing a net loss of 1.5% utilizing our BAOSAC system. It is terrible we did incur a loss but there, unfortunately, is not much we could have done other than not get any allocations in the markets.

We have concluded our newest test results for our sniper alert system that provides entry, exit, and stop losses. The results from this test have been staggeringly impressive. We are wary of the success of the system and will be actively testing to see where there are possible flaws. But results have shown that our sniper system produces a 4.5 sharpe ratio while and is up 2.2% since March 1st. Testing still needs to occur to assure us these results are valid prior to us claiming they are true, but we will be rolling out these alerts very soon to you guys. Please be on the lookout for this live beta test.

Entries today will be entered with the same linear scaled entry as normal but we will only be utilizing roughly 46% of our capital today as a result of yesterday’s market turbulence. Please be cautious if entering into any of these positions today.

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 , $AAPL , $MSFT , $BABA , $TSLA , $QQQ , $AMD / Watching for opportunities to sell 0DTE contracts for premium
Free Equity List:
Safe - $SPY
Risky- $AAPL , $BABA , $AMD , $MSFT , $NVDA , $SOFI , $BA
Swing Opportunities:
Selling CSPs on large tech organizations while volatility is high and equities are low.
$AAPL , $MSFT , $BABA, $AMD , $RBLX , $BA
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 - Long term great dividend stock
$BA - Long term, assuming Boeing does not go bankrupt, has a PT of $200-250

Economic News for 5/06/2022

Nonfarm payrolls - 8:30 AM ET
Unemployment rates - 8:30 AM ET
Average hourly earnings - 8:30 AM ET
Labor force participation rate, 25-54 - 8:30 AM ET
Consumer credit - 3 PM ET

Notable Earnings for 5/06/2022

Pre-Market Earnings:

Enbridget Inc (ENG)
Cigna Corp (CI)
TELUS Corp (TU)
DraftKings (DKNG)
Vistra Corp (VST)
The AES Corp (AES)
NRG Energy (NRG)
Fluor Corp (FLR)
Cinemark (CNK)
Marcus & Millichap (MMI)

Wrap up

This should be a very exciting and optimistic trading day!
Make sure to practice safe risk management and take profits where you see opportunities to do so.

Hope you all have exciting plans for mothers day. Have a great weekend and let’s have an amazing trading day!
(If you get this far down in the report, make sure to stay hydrated)

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HaiKhuu Daily Report 5/06/2022