HaiKhuu Daily Report 5/24/2022
Good morning and happy Tuesday everyone! Hope you all are doing well and having an amazing morning.
Today’s going to be another insane day for the markets so I hope you all are mentally and physically prepared for the day.
Thoughts & Comments from 5/23/2022
Yesterday was a very choppy day while trading. Overall, if you purchased a long position on a dip and were able to ride it throughout the day, you would have been profitable.
Trading was extremely difficult with the choppiness of the markets. Stops were being actively tested seconds after placing them. Market makers should have made BANK yesterday capitalizing on the intense movements.
Things overall though were pretty nice. We hit a high of $397.90 on $SPY after hours making a new short-term high.
It was a beautiful day with lots of opportunities to make a significant amount of gains intraday…
Until after hours when the markets decided to take a MASSIVE tumble.
$SNAP plunges 30% after CEO warns the company they will miss revenue and earnings estimates.
$FB falls 7%
$GOOG/L falls 3.8%
$SPY falls 1%
It was a beautiful day for the market… Until it wasn’t. This after-hours movement is extremely shakey and unfortunately caused more turbulence in the markets. Things are extremely volatile right now and I would actively recommend EVERYONE to tread lightly.
$SPY 5/23/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 5/24/2022
With the markets coming down heavily through the futures session into the Pre-market, I would advise everyone to practice risk management and have a low-risk tolerance in these market conditions. This could be a phenomenal buying opportunity, or a heads up that we are about to have a devastating day for the stock markets. In a perfect case scenario, we rally up all day today, but I am not feeling the best about today. $SPY PWWR $392.60
Continue to tread lightly in these market situations, Until $SPY is back above the $400 support level, we are in some extremely sketchy territories. Even though trading in situations like this is the best way to navigate the markets in these situations. I would advise extreme caution against trying to catch intraday scalps.
The majority of people that trade today will lose their positions to chop.
Stop losses will be tested today. Traders will revenge trade. Markets will be choppy and people will lose money. Do what you can to mitigate all of these risks. Be reserved with your trades. Be smart with your trades. Only trade when you see winning opportunities available.
If you see the opportunities present and you are a solid enough trader to be able to navigate this market, please just tread lightly. If you see the opportunities present and you are a solid enough trader to be able to navigate these choppy waters, please just tread lightly.
Personally, I will be holding my long positions but I will be relatively reserved when it comes to entering into more trades today.
There is a significant amount of fear in the market right now. Be sure to capitalize on it, but be extremely cautious when entering any long allocations. I do not recommend purchasing any allocations right now as I said before, these market situations are extremely tough and are in a place where people are
The only position I am consistently adding to is that daily DCA on $GAIN
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The HaiKhuu Algorithm did phenomenal yesterday. With the markets moving up significantly over the course of the day BAOSAC performed beautifully. Those allocations intraday would have net you a return of 1%, which was on par with all of the major indices. But unlike the indices, we had zero overnight exposure, so all of the gains of yesterday were retained through the after-hours session.
We only utilized approximately 1/3rd of the capital in the Pilot account yesterday. Utilizing that proportional amount of capital, I was able to realize a +0.3% return on total AUM, and +1% on capital utilized.
Today, we are making ZERO allocations in the market, with a mix of multiple reasons, both personal and professional we will not be allocating capital today. No BAOSAC positions will be made for today.
We may enter some trading alerts that come up in real-time, it is just dependent on the location of the markets when the alert comes up that I would decide to enter the position.
Alerts are still valid as well as intraday trading alerts will be live throughout the day. I advise you all to take these with high caution today if you decide to play any of them due to the current market situation.
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 5/24/2022
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 , /NQ, $GOOGL , $BA , $TSLA , $AMD , $FB , $AAPL , $SNAP
Free Equity List:
Safe -$SPY
Risky- $BA , $SNAP
Swing Opportunities:
Be extremely cautious when playing the short-term future right now. I would not advise actively purchasing equities to hold for a swing right now. Cash will be king when it comes time to buy up equities for cheap.
If you DO want to get an allocation right now, only get light starter allocations. Have room to average down heavily in the case the markets continue to tumble. Strong equity will be the safest play in these situations. Stay away from speculative organizations, risky plays, or any “hype” play. Companies that are fundamentally solid and are at a fair value right now will be the safest play in the case of a market downturn.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Tech Organizations - $AAPL, $MSFT, $GOOGL, $TSLA
Major Splits - $GOOGL , $AMZN
Relatively Safer Long - $BA
Under Priced - $PYPL , $SOFI
High Risk - $BABA
Economic News for 5/24/2022
S&P Global US manufacturing PMI (flash) - 9:45 AM ET
S&P Global US services PMI (flash) - 9:45 AM ET
New home sales (SAAR) - 10 AM ET
Notable Earnings for 5/24/2022
Pre-Market Earnings:
NetEase Inc (NTES)
AutoZone (AZO)
Best Buy (BBY)
Elbit Systems (ESLT)
Ralph Lauren (RL)
Petco Health (WOOF)
Autohome (ATHM)
Canadian Solar (CSIQ)
Abercrombie & Fitch (ANF)
Dole (DOLE)
After-Market Earnings:
Intuit Inc (INTU)
Agilent Technologies (A)
Toll Brothers (TOL)
Nordstrom Inc (JWN)
Star Bulk (SBLK)
Urban Outfitter (URBN)
VNET Group (VNET)
Arco Platform (ARCE)
360 DigiTech (QFIN)