HaiKhuu Daily Report 7/26/2022
Good morning and Happy Tuesday everyone! Hope you all are doing well. Markets unfortunately are not looking the best right now, but as always it could be significantly worst. $WMT dropped significantly yesterday as they cut their profit outlook as inflation is forcing shoppers to spend more on necessities vs other discretionary categories.
It’s unfortunate, but we could have predicted this to happen…
I hope you all are ready for today, and hopefully, there is a beautiful turn around Tuesday where we ideally get back to that $400 resistance level on $SPY, breakthrough, and hold. Obviously, this is an optimistic hope, but as we all know, market conditions are extremely volatile and anything can truly happen.
To lighten the mood before I start the rest of this report though, I have a joke for all of you.
This morning I was looking at a list of ten puns that were funny enough to put in this report…
But unfortunately, no pun in ten did.
Thoughts & Comments from 7/25/2022
Yesterday was an extremely interesting day for the stock market. Pre-market, we hit a high of $397.50 and unfortunately came down directly right after open. It was an interesting day for the markets with very low volume and all movements were very directional. When markets were coming down, they were coming down, but when the markets were trending up, it was a nice movement up.
Going into power hour, markets were trending down and we hit a low of $393.20 on $SPY, but quickly after making a new low of day, the markets ripped and rallied into close. We ended the day at $395.57 +0.48 (0.12%).
Overall, there were many great opportunities to trade throughout the day, but overall, it was a tough time to actively navigate the markets. Hopefully, you all were able to actively trade and realize some significant gains in the meantime.
$SPY 7/25/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/26/2022
Today is looking like it will be a toss-up of a day for the markets. With $WMT taking a nose dive yesterday, Costco, Target, and Amazon took a dip too. Hopefully, this does not impact the markets significantly, but we all know that unfortunately is not often the case.
Ideally, with this heavy movement of the market, we move from consumer safety plays more towards tech, small caps, and riskier plays. If the prophecy of Turn around Tuesday is true, then we thankfully will see this in real-time. But in the case this does not happen, it is unfortunate and realistically, we should trend down for the day.
Please be careful trading today. Do not trade against the current market trends. Don’t attempt to time any bottoms and don’t be greedy. Only purchase when there is a confirmation of a change in direction in the markets and only purchase when you have the confidence to do so.
Practice safe risk management going into the next couple of days for the market, and make sure you are hedging your portfolio.
Cut some extra positions you have no intentions of holding over the next couple of days and assure that you actively have cash set aside to actively average down on your allocations. If you are able to decrease the amount of general exposure you have against the markets when there is the downturn we all are expecting in the short term, we will be able to purchase the dips and be happy allocating into strong, undervalued organizations and hold for a lifetime.
Today I won’t be actively trading as much due to personal confidence in the market conditions. I will
scalp when given an opportunity to do so, but I don’t believe today will be the best to actively try and day trade leading into JP speaking tomorrow, and GDP coming out on Thursday.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday the algorithms did just alright with the current market conditions. We thankfully pretty much beat the market with every system we had and I am excited to see what will happen today.
The results of yesterday are as followed:
Baseline:
$SPY -0.05%
Our Results:
Neural Net +0.61%
Long Term Portfolio +0.35%
Kokomo +0.26%
Base Algorithm +0.21%
Good Vibrations +0.04%
Market Neutral +0.01%
The Market -0.05%
Trading Bot -0.12%
Today, due to my personal lack of confidence in the market conditions, we are taking NO allocations in the pilot today. I would personally recommend waiting to try and actively time out any day trades and actively scalp intraday. I don’t have the confidence that markets will move up by purchasing at open and selling at close. If I were to allocate into anything in the pilot today, I would utilize the kokomo trading algorithm, but again, due to a personal lack of confidence we are not purchasing anything.
Please be careful too with the base algorithm. Because the algorithm does not take into account news, it is recommending over a 50% allocation directly towards COST / WMT today. Theres a chance of both of these organizations rebounding nicely today and are able to generate income for you, but that is extremely risky and I personally would not be able to recommend either of those plays with confidence.
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 7/26/2022
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 - $RBLX , $GOOGL , $CCL
Swing Opportunities:
I’d recommend starting to sell OTM CC’s on equities you’ve purchased over the past few days to be able to actively hedge your portfolio in the case of a downturn. This limits your possible upside potential, but in the case that market conditions get worst, you are able to at least realize some gains in the process.
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
Relatively Safer Long - $BA
Economic News for 7/26/2022
S&P Case-Shiller national home price index (year-over-year) - 9 AM ET
Consumer confidence index - 10 AM ET
New home sales (SAAR) - 10 AM ET
Notable Earnings for 7/26/2022
Pre-Market Earnings:
Coca-Cola (KO)
McDonald's (MCD)
United Parcel Services (UPS)
Raytheon (RTX)
3M Company (MMM)
General Electric (GE)
General Motors (GM)
Kimberly-Clark (KMB)
Ecolab (ECL)
TransUnion (TRU)
After-Market Earnings:
Microsoft (MSFT)
Alphabet Inc (GOOG)
Visa (V)
Texas Instruments (TXN)
Mondelez International (MDLZ)
Chubb Limited (CB)
Stryker Corp (SYK)
Chipotle (CMG)
Enphase Energy (ENPH)
Canadian National Railway (CNI)
Wrap up
With all of the economic news and earnings coming up, today is going to be one hell of a day.
Please be extremely careful while trading, practice safe risk management, and please do not do anything dumb that would heavily impact the long-term success of your portfolio.
Good luck trading today everyone, we are going to need it!
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