HaiKhuu Daily Report 7/19/2022
Good morning and happy Tuesday everyone! Hope you all are having an amazing morning and are ready to make a significant amount of realized gains today!!!
Markets are looking amazing Pre-Market and I hope you all are hyped for turn around Tuesday.
$SPY at the time of me starting this report is trading at $384.75 +$2.80 (0.73%)
Thoughts & Comments from 7/18/2022
Yesterday was a terrible day for the markets. Things were looking good going into open, but then throughout the day, after the initial push, markets started to trend down.
Google didn’t hype the market, things were looking nasty but C’est la vie.
Around 1pm EST, markets started trending down hard. Markets hit a low of 380.66 prior to moving up right before close. $SPY closed the day at $381.95 down −3.18 (0.83%). Intraday movement though for $SPY came down -1.66%.
Tough day for the markets, but unfortunately, not much we can do about the current conditions.
There were many opportunities to go long and realize some gains in the morning, but trading in the afternoon really was a tough time unless you were going short. You could have grabbed equities in the afternoon if you were going for a quick scalp, but overall if you bought in the later half of the day, it unfortunately was not a good time.
$SPY 7/18/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/19/2022
Today is going to be a hectic day for the markets. With things moving up in the futures/pre-market sessions, just like yesterday, it unfortunately gives us room to come down significantly. Markets are looking optimal going into open, but just because it looks optimal does not mean to take any crazy risks nor not practice safe risk management.
Be smart trading today, be quick with your scalps and don’t gamble in these current market conditions.
Don’t be greedy, realize gains when given an opportunity to do so and make sure to protect your bottom line.
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, unfortunately beat the markets but were not profitable. I am proud of the choices we made on the pilot as it was able to mitigate the majority of market losses, but eh. Not much we can do about it. Our results are as followed:
Here are the results of yesterday:
Baseline:
$SPY -1.66%
Our Results:
Kokomo -0.29%
Market Neutral -0.44%
Trading Bot -0.52%
Long Term Portfolio -1.29%
Base Algorithm -1.34%
Neural Net -2.36%
It’s nice our kokomo algorithm system was able to actively beat the markets, but at the same time. On days like yesterday, a solid market neutral strategy will be able to actively be able to minimize losses as well as actively decrease risks. Yesterday is a perfect example of this and the active testing going on.
Today, we are planning on utilizing kokomo again, just to continue live testing the system. Very excited to see what is happening but I am very confident in the system to utilize when we the markets are indecisive.
Published below is the base algorithm alerts though, follow with caution.
All positions will be created prior to markets opening and published for you all in real time.
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 7/19/2022
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 , $GOOG/L, $TSLA , $BABA , $BA , $GAIN , $DSAC*
Free Equity List:
Safe - $SPY
Swing Opportunities:
Look to continue selling CSPs on equity you already own. Utilize the CSP as a pseudo average down on your current equity. Only sell contracts at a price you personally want to purchase equity at where you have confidence doing so. Volatility is increasing right now and equities are cheap, so this is a great time to capitalize on this increased volatility and make some extra money to spend for the weekend.
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 7/19/2022
Building permits (SAAR) - 8:30 AM ET
Housing starts (SAAR) - 8:30 AM ET
Notable Earnings for 7/19/2022
Pre-Market Earnings:
Johnson & Johnson (JNJ)
Novartis AG (NVS)
Lockheed Martin (LMK)
Truist Financial Corp (TFC)
Haliburton Company (HAL)
Citizens Financial Group (CFG)
Signature Bank (SBNY)
Hasbro, Inc (HAS)
Ally Financial (ALLY)
Silvergate Capital (SI)
After-Market Earnings:
Netflix (NFLX)
J B Hunt Transport Services (JBHT)
Omnicom Group (OMC)
Forestar Group (FOR)
Pinnacle Financial Partners (PNFP)
Interactive Brokers Group (IBKR)
Hancock Whitney (HWC)
United Community Banks (UCBI)
Cal-Maine Foods (CALM)
Hope Bancorp (HOPE)
Wrap up
Overall, today should be a good day for the markets, please be extremely careful trading and don’t do anything necessarily dumb. It is worth the risk trading today, but don’t be greedy and realize gains when given an opportunity to do so.
Good luck today, hopefully turnaround Tuesday works out in our favor!
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