HaiKhuu Daily Report 5/26/2022
Good morning and happy Thursday everyone! Hope you all are excited about the long weekend coming up. Just a reminder that we have Monday off for MEMORIAL DAY.
Markets are looking better every day. Optimistically, we break above this $400 resistance on $SPY and just run. I’ll elaborate more in this dream later in the report though.
We still are in murky waters, so please continue to tread lightly. The war is not over until we are back to a point of confidence in the market. At this point, above $400 on $SPY would create confidence, and back above the $420 we can start to be more optimistic about everything. Ideally, we have the markets move up substantially over the next couple of weeks, but with a decreasing amount of active trading volume as we start the summer, it will be interesting to see what happens.
Thoughts & Comments from 5/25/2022
Yesterday was an intense, but beautiful day for the stock market. We opened up and moved up until roughly 10:30 am EST, sold off leading up into FOMC Minutes coming out at 2 pm EST, watch the market pump heavily, DUMP heavily, then rally. We were not able to break the $400 resistance on $SPY intraday and as a result, we sold off into close. $SPY closed at $397.37 +$3.48 (0.88%). There was a lot of momentum throughout the day and plenty of opportunities to trade.
It was a fun day to actively trade on the market, It was intense, but anyone who was actively trading should have had a great time and hopefully realized some gains.
$SPY 5/25/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 5/26/2022
Today should be another insane day for the markets, I am optimistic for today but realistic about how I should feel. Over the past couple of weeks, we’ve seen this situation where markets rally up with some sort of Fed event, people feel comfortable and confident in the markets, then afterward watch everything plummet to the ground after testing this $400 resistance level.
Please be extremely cautious and careful when trading today. As always, prepare for the worst but hope for the best. In my perfect case scenario, Apple breaks back above the $140 resistance level and causes spy breaks this $400 resistance level. Once Spy breaks that 400 level, everything continues to move up throughout the day as everything continues to move up beautifully.
Be aggressive with your plays when given the opportunity, If we hold confidence above the 400 resistance level on $SPY, everything should continue to move up. If so, capitalize on the momentum in the market and try to make literally as much money as you can. Just make sure to manage your downside risk. You have to remember just a week ago we were down 5% from where we are now. If we reject $400, have stops in place to limit any and all losses.
Start to look into grabbing underpriced equities. Some recommendations from the community are:
$BABA, $MRVL, $INTC, $BA, $DAL, $SQ, $JPM, $SOFI and $WMT
I would only get light, starter allocations now while the opportunity is present and make sure you always have room to average down where necessary.
I’ll go over more recommendations I have later on in the report!
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithm performed alright yesterday, utilizing a full BAOSAC system we were able to produce a return of roughly 0.5%. The biggest winner from the pilot allocations is $NKE with a return of 4.58%.
Today we will be utilizing both our BAOSAC algorithm entry system as well as our intraday alert trading system. Every position that we create today will be posted live prior to the markets opening in the 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.
Generated entries for 5/26/2022
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 , $GOOGL , $TSLA , $AAPL , $MSFT , $BABA , $SOFI , $AMD , $NVDA , $INTC
Free Equity List:
Safe -$SPY
Risky- $AAPL , $BABA , $AMD , $MSFT , $NVDA , $SOFI
Swing Opportunities:
Start getting light starter allocations for swing opportunities in either $SPY / $QQQ or in other major tech organizations like $AAPL, $MSFT, and $INTC.
CSPs are great right now while volatility is high and equities are cheap. Sell whatever you can afford, at prices you have confidence in.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN (I added significantly to my gain position yesterday at the bottom)
Major Tech Organizations - $AAPL, $MSFT
Major Splits - $GOOGL , $AMZN
Relatively Safer Long - $BA, $INTC
Under Priced - $PYPL , $SOFI
High Risk - $BABA
Economic News for 5/26/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Real gross domestic product revision (SAAR) - 8:30 AM ET
Real final sales to domestic purchasers revision (SAAR) - 8:30 AM ET
Real gross domestic income (SAAR) - 8:30 AM ET
Pending home sales index - 10 AM ET
Notable Earnings for 5/26/2022
Pre-Market Earnings:
Alibaba (BABA)
Medtronic (MDT)
Royal Bank of Canada (RY)
Toronto Dominion Bank (TD)
Macy's (M)
Dollar General (DG)
Baidu Inc (BIDU)
Buckle Inc (BKE)
Build A Bear (BBW)
Dollar Tree (DLTR)
After-Market Earnings:
Costco (COST)
Marvell Technology (MRVL)
Workday (WDAY)
Vmware (VMW)
Dell Technologies (DELL)
Ulta Beauty (ULTA)
Zscaler (ZS)
Gap (GPS)
Farfetch (FTCH)
American Eagle (AEO)
Wrap up
Overall, markets are looking optimistic today. Ideally, we break back above $400 on $SPY and continue to move up. In the case that we reject this level and come down, please tread lightly and have stops in place to actively limit your downside risk potential.
Be smart and aggressive with your trades today, this will be another exciting day for the markets.
Good luck trading everyone, realize some gains, and make sure to stay hydrated!
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