HaiKhuu Daily Report 7/11/2022
Good morning and Happy Monday everyone! Hope you all are doing amazing, feeling phenomenal and are ready for what is going to be a long and turbulent week for the markets.
Futures are slightly red at the time of writing this report, $SPY is currently trading at $386.45, down −$2.22 (0.57%) from Friday at close.
This is going to present to us many great opportunities to actively trade, but please don’t become overly greedy or attempt to force any trades this week, as things were alright the previous couple weeks, but things are relatively not going to be as easy as last week, this week.
Thoughts & Comments from last week 7/5-7/8
Last week was a beautiful week for the markets. With the short week on the markets, everything moved up beautifully. Things started off terrible with $SPY making a new short term low directly at open ($SPY 372.90). But quickly after making a relative low, $SPY went on an absolute tear.
We quickly moved up and hit a new high of the week at $390.64 on Friday. There were many great opportunities to actively trade and capitalize on this bullish momentum, and I truly hope that is the case for your allocations.
Google went on a 10% bender over the course of the week , Tesla ran up 10%, and oil at one point, broke under $100 a barrel.
Beautiful week for bullish traders. I hope you all realized a significant amount of gains trading in real time, took some of our trading alerts and made some bank, as this blind bullish momentum is not here to stay.
Great job trading last week everyone and let’s kill it this week.
$SPY 7/08/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/11/2022
Today should be an interesting day for the markets. With all of this blind bullishness of last week, I would urge you all to practice caution in the markets. We are due for a pull back, but if/when that pull happens is the question we are all trying to figure out.
Markets are down slightly from the high, but perspectively compared to the previous week, this is a significantly better way to start the week.
Hopefully you are all ready and excited to actively trade today and this week. As I said before, there will be many great opportunities to actively realize a significant amount of gains in real time.
While actively trading though, please be careful.
I want to be blindly bullish with the momentum that is picking up with $GOOG/L and their split causing the markets to move up, the markets can come down at anytime between then and now, as well as buying momentum from other organizations will slow down as people FOMO into Google prior to their split.
Make sure to practice safe risk management when you are trading, decrease the amount of total risk you are taking in your portfolio, and start hedging your bets for your long portfolio.
I would recommend selling ITM CC’s on equities you have, with the plan that over the next couple weeks as equities come down, the premium lost on the contract is able to assist you in decreasing the amount of downside from unrealized losses on equity and work as a hedge to your portfolio, while also looking into purchasing some puts for your account while the markets are high and volatility is low. These are just safety hedges for your account.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithms last week did great with the market conditions being blindly bullish. It did give us an opportunity to realize a significant amount of gains in the short term while actively limiting the amount of necessary exposure in the process.
Today, due to the current market conditions, we will be live testing the new Kokomo updates. Please note that kokomo is highly experimental right now and we will be utilizing roughly 160%~ of our total capital today, so if you are listening and following these plays, be extremely cautious.
Below though, I do have our general base algorithm that you can utilize and follow with confidence not having to over-allocate with a hedge.
Please take all plays though in these market conditions with a grain of salt and only take them if YOU have confidence in 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 7/11/2022
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 , $DSAC
Free Equity List:
Safe - $SPY
Risky- $GOOG/L
Swing Opportunities:
Look to continue selling CSPs and CC’s on equity you already have at a price you are confident selling contracts at. Volatility is not as high as it was over the previous couple days, but there is still increased volatility compared perspectively to just a couple weeks ago. Capitalize on this increased volatility and make some extra money on the cash that you have available.
I would not look into trying to time out any plays right now in the markets while trying to get a swing opportunity, but still continue to DCA on equity and if you are looking to average down on long equities that you don’t have the best average with, make sure to start slowly averaging down as we should see relatively better prices coming up over the next couple weeks.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Major Splits - $GOOGL
Relatively Safer Long - $BA
Economic News for 7/11/2022
3-Year inflation expectations - 11 AM ET
New York Fed President John Williams discusses move away from LIBOR - 2 PM ET
Notable Earnings for 7/11/2022
Pre-Market Earnings:
AZZ Inc (AZZ)
Greenbrier Companies (GBX)
After-Market Earnings:
E2open Parent Holdings (ETWO)
PriceSmart (PSMT)
VOXX International (VOXX)
Wrap up
Overall, today should be a fun day for the markets and there should be many opportunities to actively trade. Capitalize on the momentum. Follow the direction of the markets and don’t do anything that would jeopardize the safety of your portfolio.
Good luck trading today everyone, be smart this week and don’t be the trader who gets wiped out, because a LOT of traders will get taken out very soon.
If you are not a part of our free Discord, click HERE to join