HaiKhuu Daily Trading Report

Good morning and Happy Thursday everyone! This has been an absolutely insane week and has gone by extremely quickly. I hope you all are hyped and ready for today!

Thoughts & Comments from 8/03/2022

Yesterday was an extremely interesting, yet bullish and exciting day for the markets.

$SPY moved up a little more than 1% from open to close. It continued to rip up accordingly after taking a singular dip at open. $SPY opened at $410.40, and closed the day at $414.45. Great day for the markets but the true organization we should be talking about is $SOFI. After having a crazy couple of months, $SOFI just had its best trading day this year. It is still down 47% YTD but went on an absolute TEAR peaking at +30% yesterday. We still have a long road ahead of us to get back to the previous highs, but a day like yesterday was honestly unexpected.

I know you all had a great day filled with realized and unrealized gains, so hopefully today is a continuation of this bullish momentum we’ve been having.

$SPY 8/03/2022 ONE MINUTE INTRADAY CHART

Thoughts & Comments for Today 8/04/2022

Today, at the point of me writing this report, markets are looking slightly bullish, but with the current market conditions, I am nervous about today. We have gone up 5 out of the 6 previous trading days. We are due for a minor correction. The only issue that comes with when this correction will happen. I do not want to try and time out the correction, but just know that it is coming up.

$SPY has daily support at $406 and more technical support at $405 and $393. I do not want the markets to come down, but realistically, if and when we start coming down, I expect for the markets to magnet towards those support levels.

Ideally, we continue to move up and break the $420 resistance and only trend up, but realistically, as you guys all know that is unfortunately not always the case.

Practice safe risk management, and trade the hell out of this market. Over the previous couple of weeks, we’ve had a crazy amount of bullish momentum in the markets. Mentally and physically prepare for a downturn, but capitalize on this bullish momentum while it is available. Realize gains, trade quickly, and don’t get greedy in the process.

If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.

HaiKhuu Proprietary Algorithm Report:

Yesterday was an interesting day for the portfolio and everything acted as expected, it is unfortunate that none of the algorithms actively beat the market, but all of our bullish strategies thankfully were profitable.

If you want to read more in-depth about the performance of all of our algorithms, please check out Asher’s report HERE.

The results of yesterday are as followed:

Baseline:

$SPY +1.01%

Our Results:

Long Term Portfolio: +0.65%
The Neural Net: +0.59%
Base Algorithm: +0.47%
Trading Bot: +0.24%
Kokomo: +0.00%
Good Vibrations: -0.08%

Today we are planning on utilizing our base algorithm and cutting all allocations early. We are not extremely bullish on the day, but with the anticipation of cutting allocations early, I am confident that at one point in the day, that the markets will be higher than they were at open.

Please watch out for my notifications when I decide to exit all allocations for the day.

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.

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 , $SOFI , $BABA , $BA , $TSLA , $GOOGL , $AAPL , $MSFT
Free Equity List:

Safe - $SPY
Risky - $RBLX , $SOFI, $GOOGL , $CCL

Swing Opportunities:

I’d recommend continuing to sell OTM CC’s on equities you have in your portfolio. By the end of the week, you will either collect some extra premium, or you get your shares called away at a price you are comfortable and confident in.
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 8/04/2022

Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Trade deficit - 8:30 AM ET
Cleveland Fed President Loretta Mester speaks - 12 PM ET

Notable Earnings for 8/04/2022

Pre-Market Earnings:

Eli Lily (LLY)
Alibaba (BABA)
ConocoPhillips (COP)
Cigna Corp (CI)
Duke Energy (DUK)
Fidelity National (FIS)
Thomson Reuters (TRI)
CBRE Group (CBRE)
Datadog (DDOG)
Kellogg Co (K)

After-Market Earnings:

Amgen Inc (AMGN)
Vertex Pharma (VRTX)
EOG Resources (EOG)
Public Storage (PSA)
Atlassian Corp (TEAM)
Suncor Energy (SU)
Block Inc (SQ)
Republic Services (RSG)
Motorola Solutions (MSI)
DoorDash (DASH)

Wrap up

Overall, things should be extremely interesting today for the markets. Please be smart, safe, and diligent when it comes to making any active positions today. Realize some gains, capitalize on the momentum when you have an opportunity to do so, and let’s make some BANK!

Good luck trading today everyone!

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HaiKhuu Daily Report 8/04/2022