HaiKhuu Daily Report 6/14/2022
Good morning and happy Tuesday everyone. Yesterday was an absolutely insane day for both the market and cryptocurrencies.
Hope you all are alright, surviving, and ready for today. The markets have been extremely tough over the past couple of days. Stay strong during this time and always remember that you are not trading for today or tomorrow, but you are attempting to accumulate wealth and achieve financial freedom over your lifetime.
Take the correct steps which will allow you the opportunity to trade another day. Don’t do anything to jeopardize yourself, your portfolio, or your future.
Markets have downturned and this prolonged downturn has taken a toll on everyone’s mental well-being. Such a quick and sharp downturn in the market was expected, but like most, were not fully prepared for what has come over the past three trading days.
It’s been a tough three days of trading. Prepare for the worst but hope for the best over the upcoming weeks.
If you are having any issues currently with mental health, please reach out to a mental health professional and get the help necessary to overcome your personal struggles.
Regardless of whatever happens over the next couple of weeks on the markets, just know that this downturn is giving us buying opportunities, but this will not be the same quick recovery that we had during the Covid-19 recession.
When we do see a confirmation of a reversal, buy the dip and hold your long-term equity plays. Trading to the upside will be great for actively generating income while the markets are trending, but your long-term investments will assure that you are actively able to do better over the long run.
The allocations you should purchase in your long-term portfolio are smart and safe investments in fundamentally solid blue-chip organizations at a price you are comfortable with purchasing to invest in for the long run. Look for organizations with a high dividend yield that are “recession-proof”.
Low beta stocks right now will be the safest play while the markets come down.
Please be extremely safe, continue to lighten bags that you don’t want to carry anymore, and set stops on allocations to limit your downside risk potential.
Watch out for crypto, If crypto continues to drop, expect the markets to continue to drop. If you see crypto has finally hit a bottom and reversed after hours, that will be a great opportunity to trade and invest the next day. This is all due to the mindset of investments and allocations.
Note; The order of people off-loading and loading up are as followed
Purchase order: Home, Equities, Alternate Assets, Crypto
Sell order: Crypto, Alternate Assets, Equities, Home
IE; first they purchase is last they sell, last they purchase is the first they’d sell.
Thoughts & Comments from 6/13/2022
Yesterday as I said before, was a very tough and difficult day for the stock market. $SPY closed at $375 −$14.80 (3.80%). This is approximately 10% lower than the high of Wednesday last week (3 trading days ago).
It’s been a tough couple of days for the markets, but there is not much that we can do about it now.
Hopefully, you all have been lightening your bags, holding more cash, and have been preparing for this downturn.
There were many trading opportunities yesterday that you could have capitalized on, but it was overall a very choppy, intense day for the markets. Coulda scalped in either direction with ease, but I would not say that it was a good day at all and it’s unfortunate the downturn we’ve had. Just another day in the books that we have to move on from. C’est la vie.
$SPY 6/13/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 6/14/2022
Today is looking better at the moment. $SPY is up from the previous close but we are on a slight downtrend. This gives me optimism for the day that we will be able to have great trading opportunities.
With FOMC tomorrow, expect today to be the calm before the storm. Or honestly, we are in the eye of the hurricane right now. Get ready for a whole lot more turbulence going into JP speaking tomorrow. I am bullish on JP speaking, but bearish the day after he speaks. If we see a run tomorrow after JP is done speaking, I’ll sell off some equities and purchase some puts as a continued hedge on my portfolio.
Continue to tread lightly on this market, and take profit when you are happy. Do not overtrade and limit your downside exposure. Cash is king in this marketplace. You will get a great opportunity to purchase equities at a heavy discount here in a little so you should be prepared and ready to purchase as much as you can afford with the intention to hold for a lifetime.
Two organizations I personally am looking to continue purchasing: $BA, $GAIN. Ideally, we are able to see $BA under $100 again prior to loading up the bag heavily, and I will continue to blindly DCA on $GAIN without a care in the world.
Capitalize on the volatility and momentum when given the opportunity to do so today. Don’t do anything stupid and decrease risk as much as possible.
If you are trading, Look to trade lots in $SPY or $QQQ for the safest market exposure.
Realize your gains when you have a chance today and like I said before, Do NOT overtrade today.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithm did alright compared to the markets yesterday.
$SPY was down -3.8%, with a -1.3% intraday movement.
Buy at open Sell at Close was down -1.87%
The Intraday Alert system was down -1.24%
The Pilot trading account was black at +0.00%
Great dodge yesterday taking on zero allocations throughout the day and not having to incur any of the potential losses that could have been realized. It is nice having this all be cash reserves in the pilot so we are able to dodge days like yesterday.
Today we will again not be following the BAOSAC bot allocations. We are only looking to get general market exposure of roughly 25% of our portfolio allocated into $SPY as we are lacking confidence in the market conditions at this moment.
Note; this stagflation portfolio has some higher beta positions so be cautious as the positions will move heavily in either direction during the times that it moves. Tread lightly on energy plays right now.
Please be on the lookout for the alerts, the alerts are all still valid, but please be warned that in the case of us continuing the downtrend today, make sure to only pick positions you feel have a sign of reversal and that you are personally confident in.
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 6/14/2022
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 - $BABA , $AMZN , $SOFI
Swing Opportunities:
Continue to hold cash and stopping out of positions you personally don’t have confidence in. Cash is going to be king over the next couple weeks. I would advise against actively trying to find any short term swing plays and either go quick and be nimble with day trades, or only take strong long positions at the moment.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN*
Major Splits - $GOOGL
Relatively Safer Long - $BA, $INTC
Economic News for 6/14/2022
NFIB Small-Business Index - 6 AM ET
Producer Price Index Final Demand - 8:30 AM ET
Notable Earnings for 6/14/2022
Pre-Market Earnings:
Core & Main (CNM)
Li-Cycle Holdings (LICY)
After-Market Earnings:
Sprinklr (CXM)
Tuya (TUYA)
Planet Labs PBC (PL)
Algoma Steel Group (ASTL)
IronNet (IRNT)
High Tide (HITI)
Wrap up
Overall, be smart with your plays today, don’t be greedy, and prepare for the worst over the upcoming months.
We have FOMC tomorrow so prepare for what is going to be a turbulent day tomorrow. Lighten some bags if you’d like and be extremely careful moving forward.
Good luck today and good luck for the next couple of weeks. We are going to all need it.
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