HaiKhuu Daily Report 6/21/2022
Good morning and Happy Tuesday everyone. I hope you all had a phenomenal weekend and a great Father’s day!
Markets are looking beautiful right now. You should all be excited because there will be great opportunities to actively trade and watch your long holdings. Just remember that this is going to be a short week for the markets and it’s going to fly by.
***Quick internet safety note before I get into anything***
Recently, there has been a significant increase in scamming activity and hacking online and on Discord, so please be extremely careful online. In the past week alone, multiple organizations have been hacked and had their whole discord & Business compromised.
On top of this, I’ve personally caught two of the most elaborate impersonation scams I’ve seen in a long time. These scammers are getting extremely clever with impersonations and I have to advise every one of you to be extremely cautious if any of these individuals message you. I will NEVER message you randomly out of the blue recommending you to purchase a stock, recommend depositing your money into a sketchy brokerage, or ask for you to simply give me money. If you do get contacted, from a profile that does look like mine, please confirm that it is officially me contacting you by going to the discord and clicking on my name, and attempt to send a message. If the thread does not directly take you to the previous message, the person is an impersonator. Please report any instance of this right away to myself or a member of our team and we will quickly and swiftly take action. Please be safe out there.
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Thoughts & Comments from 6/17/2022
Last week was an absolutely intense time for the markets. There was a significant amount of both volatility and momentum. We made a new 52-week low which was followed up by a beautiful pump by Jerome Powell, which ultimately resulted in a major sell-off to make a new 52-low.
$SPY’s high last week was $383.90 after Jerome Powell finished speaking on Wednesday, and $SPY hit a low of $362.17 on Friday. This is over a 5% swing from the highs and ultimately wiped out a significant amount of traders in the process.
Traders should have had an amazing time with the insane volatility and momentum.
Long-term investors should have had a relatively tougher time last week as a result of this momentum.
Crypto-apes are crying.
ETH / BTC broke below major support levels.
ETH hit a low of $880~ & BTC hit $17,500. The crypto market has since recovered a little bit, but we need to go significantly farther for the average crypto holder to break even.
I still am not looking to purchase any crypto at the moment, but I will in the next couple of weeks as people continue to panic and sell off their allocations. ETH is at a great price right now, but the lack of confidence in the market is what is causing me to be hesitant on purchasing. If we see another 20-30% downturn, I’ll be more than confident to take on that risk and action with the crypto markets.
If you are looking for a great opportunity to swap cryptos, look at purchasing ETH on a dip, swapping for USDC on a rip, and swapping back on the dip. Great way to exponentially increase your realized gains.
Think about it if you bought ETH at $1,000 swapped to USDC at $1200 and swapped back at $1,000. People who held their position would have net a 0% return, but you were able to realize some short term ETH gains, and purchase back your initial ETH + 20%. Rinse and repeat.
Overall though, as I said before, it was an intense time for the markets the past couple of weeks and things are going to start to get insane going into next week.
$SPY 6/17/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 6/21/2022
Today is looking beautiful for the markets. We are up pre-market and things are looking optimistic for today. There will be many great opportunities to scalp and day trade throughout the day, both to the bullish and bearish side, just make sure to time your allocations correctly. I personally am looking to get a significant amount of allocations today and have a great time doing so.
But get ready because this is the final week of calm before the storm on the market. One good day or a string of good days though does not mean that we are out of the trenches yet though. Please remember that despite the markets looking good pre-market, we are in a sketchy market territory and we need to actively tread lightly. I’ve been recommending people to be holding more cash and actively trading when given an opportunity to do so, and I will continue to recommend that for the most part, you hold more cash and prepare to purchase equities at a steep discount in the next 2-6 weeks.
Capitalize on this momentum while you can. Use it as an opportunity to actively day trade, and exit positions you’d like to cut. Hold more cash and mentally prepare for the worst, but be ready and prepared to buy the dip.
Please note, that most likely, you will not be able to time the bottom perfectly. I highly recommend you all to continue to average down on your positions. Find a price that you are comfortable owning shares at for whatever organization you pick, then when it hits that price, purchase while practicing safe risk management, and having the ability to average down when necessary. A DCA will not get you the best possible average, but it will get the best average for you.
Things you should consider when looking into any investments:
What is “Fair Value” for the equity
When should I consider entering
Are they a fundamentally solid organization
Are they currently an undervalued organization
Are they “Recession Proof”
How will a recession impact them
How is their cash flow
What are their ongoing Debt / Liabilities
Am I at risk of possible dilution or reverse split scenario
Please just be extremely cautious while trading in these market conditions, practice safe risk management and continue to allocate more into cash when given an opportunity to do so.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithm is going back to utilizing our defensive portfolio for the next week or so while we test a zero beta portfolio in the background utilizing a short on $SPY as a hedge against our portfolio.
In the case of a major market downturn, this will be able to midgate a significant amount of risk and increase consistency. (Images below)
Please be on the lookout for these upgrades over the next couple of weeks.
We are allocating today due to the market condition with our standard BAOSAC system. We are planning on exiting allocations with profit and setting stops relatively quickly to limit downside risk potential. In the case that we are out of most, if not all allocations but the markets are turning in a favorable direction, we may purchase some $SPY for market exposure as well as watch the intraday trading alerts.
Please again, be extremely careful with these alerts in real time today, and only take them if you are confident in the position, are practicing safe risk management, and have the day trades available to exit them accordingly.
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 6/21/2022
Histogram showing frequency of daily return
Total returns from previous testing with/without $SPY Short (Blue = With)
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- $AAPL & $MSFT
Swing Opportunities:
Continue to hold cash and stop out of positions you personally don’t have confidence in. Cash is going to be king over the next couple of weeks.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Splits - $GOOGL
Relatively Safer Long - $BA
Economic News for 6/21/2022
Chicago Fed national activity index - 8:30 AM ET
Existing home sales (SAAR) - 10 AM ET
Cleveland Fed President Loretta Mester speaks - 12 noon ET
Richmond Fed President Tom Barkin speaks - 3:30 PM ET
Notable Earnings for 6/21/2022
Pre-Market Earnings:
Lennar (LEN)
After-Market Earnings:
La-Z-Boy Incorporated (LZB)
Wrap up
Overall, capitalize on the volatility and momentum that presents itself today. There will be many opportunities to actively day trade, scalp trade, and take profit today. Don’t miss out on any opportunities because you got greedy.
Continue holding more cash, don’t do anything dumb, and have an amazing time.
Good luck today everyone! Have an amazing day and stay hydrated.
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