HaiKhuu Daily Report 5/27/2022
Good morning and happy Friday everyone! Hope you are all well rested and are feeling amazing after yesterday!
Markets are up, looking beautiful, and optimistic for the day.
Get ready, stay hyped and create your game plan for today. $SPY PWWR $406.52
Just a reminder, we have a THREE DAY WEEKEND. The markets are closed on Monday for Memorial Day. Due to this, expect abnormal volume today as well as next week.
Be smart and safe trading today. Be aggressive when given a smart opportunity. Capitalize on the volatility while you can.
If/when the markets go flat, choppy, and gross for the day, please be more reserved and sit on your hands, literally and metaphorically!
Thoughts & Comments from 5/26/2022
Yesterday was an amazing day for the markets. We saw some beautiful movements throughout the day. It was a very difficult day if you were trying to actively trade in the markets, but if you were sitting back and holding your long positions, you should have had a phenomenal time.
$SPY closed at $405.31 +7.94 (+2%) well above the $400 resistance level. Markets are starting to look more optimistic and we can start to have more confidence in the market.
Days on the market like yesterday are beautiful with their consistent grind-up. Anyone who was actively bearish throughout the day, unless you had your timing perfectly, got burnt. Anyone who actively shorted and did not cover got burnt.
Overall, if you just had any general bullish exposure for the day, you were able to sit back, relax and enjoy the day.
Thoughts & Comments for Today 5/27/2022
Today should be another beautiful and interesting day for the markets. With the crazy bullish momentum over the past couple of days, it has been a beautiful consistent ride up, but please prepare for an abrupt stop if it happens.
We should see high volatility during the beginning of the day, and relatively low volume and momentum for the rest of the day going into this three-day weekend. Ideally we have a slow grind up, but realistically I feel that people are going to continue to slowly sell off and shut down for the weekend.
It is great that the markets are able to cool down after the pump of yesterday and hopefully, we don’t see crazy selling happening today as a result.
$SPY is back above the $400 support level again, we can start to be more aggressive with trades, have more confidence in the markets, and go a little bit deeper with our plays. I would still recommend that everyone tread lightly during these times as markets can correct very quickly without any clear indication, mostly today as we are headed into the three-day weekend.
Be aggressive and capitalize on the volatility and momentum that is present. Chill out and relax after the markets have slowed down.
Personally, I will not be actively trading as much today after the volatility and momentum have slowed down, but will be watching what happens as well as slowly entering/exiting positions in the pilot!
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday was an alright day for the Algorithm. We were able to generate profits with both the BAOSAC system as well as the intraday alert system. Positions though in the Pilot were not able to actively match the same returns as the $SPY. Markets simply just moved up nicely and the positions that moved up the heaviest were positions that we, unfortunately, did not get.
Allocations will be generated the exact same way today. Everything will be announced for entry prior to markets opening today, and any positions that get alerted from the system, if I decide on an entry will be alerted in real-time.
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 , $BABA , $NVDA , $FB, $AAPL, $MSFT, $TSLA, $BA
Free Equity List:
Safe -$SPY
Risky- $BA , $F , $AAL , $NCLH, $CCL, $AMD, $BABA
Swing Opportunities:
I highly recommend people to start setting stops in guaranteed profits on allocations you’ve created over the past couple of days. Don’t have these stops tight enough where they will be actively tested, but have them at a place that you personally are comfortable/confident stopping at. Ideally, these never get tested, but in the case that the markets do decide to come down, you are able to exit your position with zero risk involved.
Selling CSPs is not as optimal today as they were over the past couple of days. You can look to sell some HIGHLY OTM 0DTE contracts today towards the end of the day.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Tech Organizations - $AAPL, $MSFT
Major Splits - $GOOGL , $AMZN
Relatively Safer Long - $BA, $INTC
Under Priced - $PYPL , $SOFI
High Risk - $BABA
Economic News for 5/27/2022
PCE inflation - 8:30 AM ET
Core PCE inflation - 8:30 AM ET
PCE inflation (year over year) - 8:30 AM ET
Core PCE inflation - 8:30 AM ET
Real disposable income - 8:30 AM ET
Real consumer spending - 8:30 AM ET
Nominal personal income - 8:30 AM ET
Nominal consumer spending - 8:30 AM ET
Advance trade in goods - 8:30 AM ET
UMich consumer sentiment index (final) - 10 AM ET
5-year inflation expectation (final) - 10 AM ET
Notable Earnings for 5/27/2022
Pre-Market Earnings:
Pinduoduo (PDD)
Canopy Growth (CGC)
Big Lots (BIG)
Hibbett (HIBB)
Viomi Tech (VIOT)
iClick Interactive (ICLK)
Sanderson Farms (SAFM)
Wrap up
Hope you all are excited about the long weekend and are optimistic to see what happens on the market today.
Let’s make some bank and have a great time in the process.
Have a great weekend everyone, make sure to wear some sunscreen, stay hydrated, relax and enjoy the stress-free weekend.
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