HaiKhuu Daily Report 7/22/2022
Good morning and Happy Friday everyone! Hope you all are feeling amazing, well rested and prepared for today! This week has felt slow during the trading days, but man has this weekend snuck up on us!
Let’s all make a bunch of realized gains today so then we are able to enjoy our weekends!
Thoughts & Comments from 7/21/2022
Yesterday was a very interesting day for the stock market with all of the active movement. $SPY dipped down in the pre-market session, rallied up, and came right back down prior to open.
After opening we quickly moved up and hit just above $395, after rejecting above $395, $SPY came down quickly to make a new low of the day at $391.63. Unfortunate morning but not much we can do about it.
Once we bounced off the low of the day, markets rallied and rallied extremely quickly.
$SPY continued to push through the day and consistently made new highs of the day. We ended the day at $SPY $398.79 +4.02 (1.02%) and made a new high of $399.03 after hours.
After hours though… that was an interesting yet terrible time for the markets.
$SNAP had earnings, After running 5.42% intraday, closing at $16.35, $SNAP reported general user growth but a miss with their revenue. This caused $SNAP to unfortunately plummet. Shares currently are trading at $11.42 −$4.93 (30.15%).
As a result of SNAP earnings we see a sympathy play where $GOOG/L, $META, and $TWTR also come down significantly, we are not talking about a crazy 30% movement, but those three organizations are down roughly 3~4%.
Unfortunate but this will give us many great opportunities to trade all of these organizations, but also can be a possible forecast on how they might do with future earnings.
Keep this in mind while trading any of these organizations, but know that there will be many opportunities that come up here in the near future.
$SPY 7/21/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/22/2022
Today is going to be an interesting day for the markets. I expect to see a significant amount of volatility and momentum today in the markets. With the movement of the past couple of days, people are confident and eager to trade on the stock market, but the issue that arises from this is that people are starting to be confident again.
We all know that on days like today, after a week like last week, we will see a significant amount of indecisiveness in the markets, and market makers want to create the maximum amount of pain possible, so please be extremely careful with trading today.
Either we get right up to 400, possibly break and or hold that level, which would make people extremely happy going into the weekend, or we come down significantly and as always, will wipe out the gains from the previous couple of days.
Regardless of which direction we decide on going, please make sure to practice safe risk management, securing profits, and assuring that you are limiting your downside potential.
Capitalize on the momentum and volatility when given an opportunity to do so, and please make sure to actively always assure that you are realizing gains in the market. Don’t be greedy and take your gains.
I’ll be looking to scalp a bunch today and acquiring free equity in organizations I am not in the midst of creating a transfer for. Once those all reset, I’ll scalp those organizations again!
Current free equity transfer list:
$X - 7
$CCL - 7
$F - 1
$RBLX - 12
$SNAP - 4
I’m glad to be back in and the markets are in a place where I can start free equity trading with you all actively again.
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 did alright with the market conditions. We are also officially announcing our newest algorithm, Good Vibrations (Kokomo V2). It is an improved market-neutral algorithm that is actively utilizing sector etf’s as a hedge versus just having a direct short on $SPY. Allocations utilizing Good Vibrations will be a little more difficult to create, but through backtesting, we have been able to find ways to actively decrease risk.
Here are the results of yesterday:
Baseline:
$SPY +1.17%
Our Results:
Neural Net +1.25%
Long Term Portfolio +0.64%
Base Algorithm +0.61%
Good Vibrations +0.33%
Kokomo +0.32%
Market Neutral +0.25%
Trading Bot -0.00%
Today, we will be testing Good Vibrations in the current market conditions. Due to our live testing, our allocation size will be relatively smaller than what we normally are utilizing. Today, our allocation size will be roughly 25%+Hedge. As the hedge is roughly 100% of the general allocation, the total allocated today will be roughly 50% of the portfolio, with 50% of that, being a hedge.
Please do not follow any Good Vibrations alerts today as this is the first day of live market testing. If you want to follow any alerts, please follow the intraday trading alerts of the base algorithm or follow the base algorithm BAOSAC alerts down below.
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 7/22/2022
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
Risky - $CCL , $RBLX, $AAL , $SNAP
Swing Opportunities:
Look to sell some 0DTE option contracts on equities you already own, or are attempting to average down on. Ideally, you do not get assigned on any of these 0DTE contracts, but you are at least able to generate some extra income for the weekend and not have to worry about assignment.
To hedge your portfolio, also look to sell some CC’s on equities you already own too. With the markets moving up significantly you should be able to start selling OTM CCs on equities you own with the intention that if the markets come down, you are able to minimize losses with the premium you’d collect via your contracts, or in the case, the markets continue to move up, you are able to realize some gains and get a premium on top of everything.
I still would not try to time out any plays right now in the markets while trying to get a swing opportunity. Markets are looking great but we still have a significant amount of news coming out next week which will make the markets extremely turbulent. If you are actively DCAing on positions though, still continue to DCA, we will get better prices here in a week or two, but assuming you are able to hold for the long run, you’ll be set.
LONG OPPORTUNITIES:
Long Term Dividend - $GAIN
Relatively Safer Long - $BA
Economic News for 7/22/2022
S&P Global U.S. manufacturing PMI (flash) - 9:45 AM ET
S&P Global U.S. services PMI (flash) - 9:45 AM ET
Notable Earnings for 7/22/2022
Pre-Market Earnings:
Verizon (VZ)
NextEra Energy (NEE)
American Express (AXP)
HCA Healthcare (HCA)
Schlumberger (SLB)
Regions Financials (RF)
Cleveland-Cliffs (CLF)
Roper Technologies (ROP)
Autoliv Inc (ALV)
Wrap up
Overall, markets should be turbulent today, but there will be many opportunities to actively day trade and scalp.
Be quick with your scalps, and make diligent trades. Anyone and everyone should be able to realize a significant amount of gains today, it’s just a matter of if you want to actively trade and take on that risk.
Minimize your risk and have a great time in the process.
Good luck trading today everyone! Let’s make some money that we can enjoy over the weekend!
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