HaiKhuu Daily Report 7/12/2022
Good morning and Happy Tuesday everyone!
Hope you all are ready and hyped for the trading day! Pre-Market is not looking the best. PWWR, $SPY $381.70 −2.53 (0.66%).
With an interesting day for the market yesterday, it’s going to result in a day like today to be as turbulent.
Thoughts & Comments from 7/11/2022
Hopefully you all were able to make some realized gains yesterday, because in the short term the markets really were really not looking the best. There were many opportunities to trade, but overall, markets really got hammered down and it was not a pleasant time.
Markets moved up directly at open, came down relatively and hovered around VWP for a while until right around lunch time. After people came back from lunch, we saw an increase in buying volume causing the markets to move up towards making new intraday highs prior to closing.
$SPY closed at $384.23 −$4.44 (1.14%) with an intraday movement of -0.42%
Overall, disgusting day for the markets but it did give us many opportunities to trade both to the long and the short side. Hopefully you all were able to capitalize on the increased momentum throughout the day and realize some gains, but man. Yesterday was a tough one. Trading was phenomenal, but in the short term, long term holds had a rough day.
$SPY 7/11/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/12/2022
I am optimistic on the opportunities that will be available to actively trade today, but I personally am still highly skeptical of the current market conditions. I want to be bullish leading into the Google split coming in a couple days with people blindly purchasing equity in Google, but as a result, we may and realistically should see a sell off with other equities.
If you are looking for an interesting play, you can look towards purchasing Google equity for relatively cheap, while shorting organizations that have already had their split, IE $AMZN / $SHOP as people who are actively playing splits, will be selling off equity they have in those other organizations to purchase equity in Google. This is a relatively riskier play, but it is a speculative play that you can capitalize on.
Please be smart while trading today and do not do anything that is necessarily overly risky.
Practice safe risk management. Limit general exposure and prepare to actively cut positions. Market conditions are not good right now in anyway, shape or form. People are building confidence down here at these current levels, but regardless of this confidence we should be skeptical of these market conditions.
Continue to hedge your portfolio, I will be looking to actively hedge a significant amount more towards the end of this week.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
The algorithms yesterday were a success. Actively managing the pilot portfolio we were able to exit all equities nine minutes into the trading day and as a result we locked in a significant amount of profits. Here are all of the results:
Baseline:
$SPY -0.42%
Our Results:
Pilot +0.60%
Kokomo +0.43%
Market Neutral +0.36%
Base Algorithm +0.06%
Trading Bot +0.00%
Long Term Portfolio -0.02%
Neural Net -0.12%
It was a beautiful day for the algorithms, mostly compared to the performance of the market. Feels good knowing we had such an easy time in these market conditions but we know that one day of success is not actively the same as general performance.
We have a significant amount of confidence in our systems, and as a result we are actively assuring that we are practicing the highest level of risk management by actively hedging our portfolio at all times and taking profits swiftly to assure there is no downside risk.
Today, we will be utilizing the same plan of roughly 100% allocation in the pilot account and using margin to actively hedge the portfolio with a short on $SPY.
The report published below is our base algorithm, but on the pilot we will be actively utilizing the new and improved kokomo system to assure that we are actively testing out our system in live market conditions.
All positions will be posted prior to markets opening in the discord.
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 7/12/2022
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 , $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, 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 7/12/2022
NFIB small-business index - 6 AM ET
Richmond Fed President Tom Barkin speaks - 12:30 PM ET
Notable Earnings for 7/12/2022
Pre-Market Earnings:
Pepsico (PEP)
AngioDynamics (ANGO)
After-Market Earnings:
None
Wrap up
Overall, please be smart and diligent while actively trading today, market conditions will be turbulent.
Don’t do anything dumb. Realize some gains. Minimize the risks you take and capitalize on this momentum.
Good luck trading today everyone and prepare for CPI data coming out tomorrow.
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