HaiKhuu Daily Report 6/09/2022
Good morning and happy NICE! day (Check your calendar if you don’t get the joke)
Markets are looking NICE! pre-market, Things are looking optimistic entering into the trading day, but I would be extremely careful about all positions today.
If we continue a trend up, expect a beautiful slow, but a consistently green day.
If we start to sell off, expect a slow slow bleed that will constantly fake people out on the way down.
PWWR
$SPY $413.82
$TSLA $751.39
$BABA $122.35
$AAPL $149.04
Thoughts & Comments from 6/08/2022
Yesterday was a terrible day for the markets. We opened up red from the previous close, $SPY moved up slightly to make a high of $415.82, and then the sell-off started to happen. At 12:20 pm EST, $SPY broke the one-minute support level and started its disgusting sell-off.
$SPY ended the day at $411.22 -$4.52 (1.09%). With an intraday movement of roughly -0.65%. $SPY fell approximately 1.2% from high to low.
There were many opportunities to actively trade and scalp. It was a lot easier to play towards the downside, but there were still many opportunities to trade to the upside.
If you were able to limit losses, or generate a profit yesterday. You did amazing, congratulations.
If you did take a loss trading, just know that most people, unfortunately, did too yesterday. It’s just the nature of the market. There will be many opportunities to make that capital back!
$BABA did beautifully for anyone who has been in $BABA, been holding $BABA, or been investing/trading it with me for the past couple of months. $BABA +14.67% yesterday.
$SPY 6/08/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 6/09/2022
Today should be an interesting day for the markets. With things slightly up right now, things are slightly optimistic but I am skeptical of the current market conditions due to CPI data coming out tomorrow & we have Jobless claims coming out at 8:30 am EST and that will really be the deciding factor of what happens with pre-market movement.
Regardless of what happens though, I am skeptical of the markets in these current circumstances. We need the $SPY to pick a direction (Hopefully bullish) and continue to move in that direction accordingly. Right now I would not say there is an edge betting in either direction, and I would make sure to actively be treading lightly on the market situation and hedging your portfolios in the case of a downturn.
I would recommend everyone start selling OTMcovered calls on equities that they have expiring June 17th (9DTE) on equities that you have multiples of 100x shares in and look to start selling deep ITM calls on equities expiring in a couple of months on positions that you want to hold.
Note about the ITM Calls - If you sell a deep ITM call on your equity, and the stock comes down heavily over the course of a couple of weeks/months, your call will still be ITM, but worth significantly less. You can purchase the call back for a fraction of the initial price and still be able to actively hold your equity. This will be a great hedge for the positions that you want to keep if you expect a major downturn in the markets.
Personally, my trades today will have to be extremely picky and quick while scalping, I most likely won’t take any long allocations and will be actively watching out for the intraday alert bot to find me positions that I feel are at a “bottom”
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 with the markets yesterday. $SPY intraday movement was -0.65%. The Intraday trading alerts returned -0.585%, and the BAOSAC returned -0.71%. Unfortunately that these systems were not profitable, but were pretty much right in line with current market conditions.
In good news though, while I was actively navigating the pilot trading account, we were able to minimize all losses on allocations and slip a 0.03% return for the day. Not a beautiful day nor a sizable return at all, but to be green on a day where everything is red, is what I would consider a win.
Today I will be allocating roughly 43% AUM towards our BAOSAC system, 42% of our capital towards intraday $SPY movements, and the rest going towards intraday trading alerts.
Please be on the lookout for any and all alerts today. Be extremely cautious with market conditions and only buy an alert if you have confidence in the trade, confidence in the movement, and will respect the ratios of the play.
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 6/09/2022
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 , $AMZN , $GOOGL , $TSLA , $AAPL , $MSFT , $BABA
Free Equity List:
Safe - $SPY
Risky- $AMZN , $AAPL , $BABA , $AMD , $MSFT
Swing Opportunities:
Continue to set stops on positions you have, if they get hit, C’est la vie. Prepare to start allocating into more cash over the next month and a half.
Be extremely careful trying to get any sort of swing play right now. Short-term swings are sketchy, but if you want an interesting play, you could grab a couple of shares of $AMZN.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Tech Organizations - $AAPL, $MSFT
Major Splits - $GOOGL
Relatively Safer Long - $BA, $INTC
Under Priced - $PYPL , $SOFI
High Risk - $BABA
Economic News for 6/09/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Real household net worth (SAAR) - 12 noon ET
Real domestic nonfinancial debt (SAAR) - 12 noon ET
Notable Earnings for 6/09/2022
Pre-Market Earnings:
Bilibili (BILI)
FuelCell Energy (FCEL)
Signet Jewelers (SIG)
Vince Holding (VNCE)
Nio Inc (NIO)
Hooker Furnishings (HOFT)
Aurora Mobile (JG)
After-Market Earnings:
DocuSign (DOCU)
Vail Resorts (MTN)
Stitch Fix (SFIX)
Rent the Runway (RENT)
Lakeland Industries (LAKE)
Wrap up
Overall, good luck trading today everyone. Capitalize on the volatility and momentum while you can and don’t get caught in any less than perfect plays. Take risk off the table when you can and have a great time today.
Realize some gains and make sure to stay hydrated!
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