HaiKhuu Daily Report 7/01/2022
Good morning and happy Friday everyone! Hope you all have exciting plans coming up for the long weekend! This week has honestly flown by.
Just a reminder that the markets are going to be closed on Monday for the 4th of July!
Futures are not looking the best right now, but as I say C’est la vie.
Little bit shorter of a report going into the weekend but all the info you will need will be here!
Thoughts & Comments from 6/30/2022
Yesterday was an absolutely insane day for the markets. Markets opened red for the morning, disgusting and ready to ruin some people’s day. After dropping 1% almost non stop from open, we hit a low at 372.56 on $SPY, we rallied 2% to make a high at $380.66.
Once the rallied stopped, we came back below 380, and tested that point 3 times prior to dropping down 1.3%.
$SPY closed the day at $377.25 −3.09 (0.81%), marking +0.27% from open.
Terrible day for me to decide to move out of my apt and not actively trade as much.
But amazing day for those who were able to capitalize on the short term pump in volatility and momentum. Hopefully you all were able to sit back, enjoy the beautiful bullish momentum after that dump, be able to realize some gains on the way up, as well as the way down.
$SPY 6/30/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/01/2022
Today is setting up to be another interesting and intense day for the markets.
Markets are down at the time of writing this report, but with the way that the markets are actively moving, anything can genuinely happen by open.
I want to be optimistic for the trading day and blindly bullish going into the three day weekend, but you all know that I cannot ever recommend that. Please be smart, safe and diligent regardless of the direction and decisions you make.
In the case we downtrend, make sure you have stop losses set up accordingly to limit your downside.
In the case we run, make sure to have stops in place for your exit in guaranteed profit to limit your downside risk and literally take all risk off the table. Once you are playing with just house money, let your runners run and continue to move your stops up once we break through those major resistance & form a new support level.
Today is gonna be an extremely hectic day for the markets. Make the most of it when given an opportunity to do so.
I would advise you all to look into selling some highly OTM 0DTE contracts on equities you personally have confidence in. You might not actively get the most returns possible, but it will still be passive income generated in the background for essentially saying, yeah. Apple isn’t going to tank 10% intraday. Thank you for the free money.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithms did great yesterday despite the gross market conditions; results are as followed:
Neural Net: 0.81%
Long Term Portfolio: 0.41%
Base Algorithm 0.30%
The Market: 0.27%
Kokomo: 0.22%
Market Neutral: 0.17%
Trading Bot: 0.10%
Pilot: 0.0%
Glad that we were green across the board for every system we have, even while the markets were sketchy and terrible for the day. I am sure there were many times within the day where there was more opportunities to make more gains, but eh. Not much we can do.
No pilot positions yesterday unfortunately due to my personal situation, but positions will be back today as normal.
Instead of utilizing our base algorithm with a BAOSAC, we are going to be attempting to utilize our Kokomo system for the first time today.
This is an advanced market neutral portfolio, that hopefully should be profitable today with minimal management necessary, just entries at the beginning of the day, and exits at the end of the day. Theoretically, this should just remain relative neutral but it will be interesting to see what happens with the allocations today.
Please note, algorithm list below is utilizing our base algorithm, not kokomo, this is due to safety while we are live testing these new systems.
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 7/01/2022
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 , $BA , $AAPL , $DIS , $META , $BABA , $MSFT, $HOOD
Free Equity List:
Safe - $SPY
Risky- $AAPL & $MSFT
Swing Opportunities:
Capitalize on this high volatility in the market. Look to sell some 0DTE option contracts today with the extra cash that you have on hand to collect some intraday premium. Just make sure that those contracts are highly out of the money, to the point that they realistically will not get tested.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Splits - $GOOGL
Relatively Safer Long - $BA
Economic News for 7/01/2022
S&P Global US manufacturing PMI (final) - 9:45 AM ET
ISM manufacturing index - 10 AM ET
Construction spending - 10 AM ET
Notable Earnings for 7/01/2022
Pre-Market Earnings:
None
Wrap up
Overall, make the most out of a day like today. Capitalize on the volatility and momentum, realize some gains when you can and limit your downside risk potential.
Be smart, be safe and have a great time, both today and this weekend.
Have a great weekend three day weekend everyone and good luck trading!
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