HaiKhuu Daily Report 7/28/2022
Good morning and happy Thursday everyone!!!
Hope you all are having an amazing Thursday morning, and are well rested and ready for today! With the current market conditions, things are looking beautiful and optimistic going into the GDP reading today, but please be extremely careful and capitalize on the momentum.
Thoughts & Comments from 7/27/2022
Yesterday was an absolutely beautiful day for the stock market, and unfortunate for anyone who is looking to get a deal when financing a car or a home. Rates went up another 0.75%, in the short term, this is not a fun time for anyone who is trying to finance anything, but this is alright for the stock market. With us continuing to raise rates, this means that the sentiment of the market is coming back to equilibrium and normalizing to the conditions we were in prior to covid.
With JP speaking, $SPY broke $400 and was able to rip and run throughout the day. It was the best day we’ve had on the markets since the middle of 2020. There were many great opportunities giving us plenty of room to make some great trades.
I hope you all were able to realize a significant amount of gains, and had even more unrealized gains.
Trading yesterday was on easy mode, and if you had any long holdings, you should have LOVED the performance of yesterday.
Some of the largest bullish movements yesterday were
$CMG +15%~
$PYPL +12%~
$SPOT +12%~
$SHOP + 11%~
Lots of action yesterday, hopefully, today is just as beautiful. Let’s see how everything goes.
$SPY 7/27/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 7/28/2022
Today will be an extremely interesting day for the stock market. With GDP numbers coming out prior to markets opening, today is going to be insane.
I am assuming by the time you read this report, the initial movement has already happened, and we don’t have the two-quarters of negative GDP growth. In the case that we do, expect some major selling-off. In the case we do not, expect the markets to rip and run again today.
Optimistically, I do not want to believe we are going into a recession. But realistically, it is necessary for us to go into a recession in the short term to be able to actively continue on with these bullish trends down the road. A recession will give us a great opportunity to actively purchase equities to hold in the long run, at a very attractive and affordable price. It will suck for anyone who is riding the wave down with a long position, but it will be great for anyone waiting for an opportunity to buy and invest in equities.
We are currently testing the $400 level on $SPY, ideally, we continue to hold this level and then are able to actively break out. Breaking back above $420 is the ideal target range to have to start building confidence in the markets again, but a move like that at least in the short term is unrealistic.
If we break back below $400, mostly on major economic news, please be extremely careful and make sure to have your active hedges in your portfolio.
Even if we don’t end up breaking $400 today, still actively hedge your account and limit the total amount of downside risk potential you have.
Please be safe while trading today, practice safe risk management, and don’t get greedy.
If you want to be extremely risky, now is not the time, but here in a couple of days when the markets are able to digest and react to all of the earnings and economic news, will we be able to actively throw risk management out the window and actively increase the amount of blind risk we can take in the markets.
Sit on your hands and don’t do anything crazy for the time being.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
With the markets absolutely ripping up yesterday, the algorithm typically would not beat the market, but yesterday was not the case.
Our results are as followed:
Baseline:
$SPY +1.69%
Our Results:
Base Algorithm 1.75%
Market Neutral +0.86%
Neural Net +0.80%
Long Term Portfolio +0.76%
Trading Bot +0.55%
Good Vibrations 0.12%
Kokomo -0.06%
Beautiful day for the Base Algorithm and being blindly bullish on the day. Great opportunities to actively realize a significant amount of gains. I love seeing days like yesterday as it shows off exactly the results I’d want to see coming from our algorithms.
The one thing that is surprising to me is how much better the market-neutral portfolio did compared to systems like Good Vibrations and Kokomo, but regardless. Having the Base Algorithm blind beat the stock market was a win.
The plan today is to allocate into Kokomo and have a major hedge going into the day. We have to obviously be extremely careful while trading, but this sentiment might change by the time that GDP numbers come out. If numbers come out, look good, sound good and the markets react well, we will swap allocations over the base algorithm. If not, we will roll with our market-neutral portfolio as it should not move heavily or be turbulent in these market conditions.
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 7/28/2022
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 7/28/2022
Initial jobless claims – 8:30 AM ET
Continuing jobless claims – 8:30 AM ET
Gross domestic product, first release (SAAR) - 8:30 AM ET
Final sales to domestic purchasers (SAAR) - 8:30 AM ET
Notable Earnings for 7/28/2022
Pre-Market Earnings:
Mastercard (MA)
Pfizer (PFE)
Merck & Company (MRK)
Thermo Fisher Scientific (TMO)
Comcast Corp (CMCSA)
Sanofi (SNY)
Honeywell International (HON)
Altria Group (MO)
Southwest Airlines (LUV)
American Tower Company (AMT)
After-Market Earnings:
Apple (AAPL)
Amazon (AMZN)
Intel Corp (INTC)
Edward Lifesciences (EW)
VALE SA (VALE)
KLA Corp (KLAC)
Digital Realty Trust (DLR)
DexCom (DXCM)
Roku (ROKU)
Yum China Holdings (YUMC)
Wrap up
Overall, today should be an extremely interesting day for the stock market, lots of great organizations have earnings after hours, GDP numbers came out, and hopefully, everything is beautiful and extremely profitable for everyone.
We will see what happens today and pray for the best.
Good luck trading today everyone and may the bulls be in your favor.
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