HaiKhuu Daily Report 8/11/2022
Good morning and happy Thursday everyone! Hope you all are feeling amazing after the insane run that we had yesterday and are prepared for today! We have more economic news coming out pre-market. Hopefully, just like yesterday, we are able to capitalize on that movement and have some amazing pre-market returns!
Thoughts & Comments from 8/10/2022
Yesterday was a relatively flat trading day, but the pre-market movement was absolutely insane. With CPI numbers coming out and being less than expected, we saw an almost 2% pump on the market. $SPY closed the day at 419.99 up $8.64 or 2.1%. It is interesting seeing the markets move up in the way that it did, to close right under the confidence/resistance level of $420.
The intraday movement was not substantial. Movement from open was only 0.29%, but with that said, the overall movement of the day was still beautiful.
I’d say, hopefully, you guys were all able to realize a significant amount of gains, but I know for a fact that anyone with long holdings yesterday absolutely killed it.
Great job yesterday and let’s kill it again today!
$SPY 8/10/2022 ONE MINUTE INTRADAY CHART
Thoughts & Comments for Today 8/11/2022
Today should be an interesting day for the markets. With $SPY trading above $420 and $QQQ being +20% from the relative bottom, the bullish momentum coming back into the markets. This means that this is the time for us to increase the amount of risk and exposure in the markets.
This does not mean taking on what we would consider dumb plays and this does not mean leveraging your accounts and being overallocated.
Be smart with the plays you are taking, limit your downside risk potential and make sure you are taking plays that you personally have confidence in.
Invest in organizations that over the past couple of months have been heavily hit and are severely undervalued. Speculate on organizations that you are comfortable with. Trade companies that have a relatively high beta that should move heavier compared to the general markets.
Mixing the three, with proper risk management will heavily increase the profits that you will be able to generate in the short term.
Take advantage of these market conditions and make some money. Things are getting better and as a result, we will all be able to realize a significant amount of gains 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 the pre-market session is where the majority of the market movement happened. With our algorithms being intraday trading systems, we, unfortunately, were not able to capitalize on the run-up in the morning. I believe that the executive decision to sit out yesterday was a good move. There were too many underlying risks involved with allocating at the top after that movement. Fortunately, for anyone who did decide to follow though, we were able to see all of the algorithms be profitable on the day, with the base algorithm outperforming the intraday returns of the market.
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:
Base Algorithm: +0.36%
The Market: +0.29%
The Neural Net: +0.12%
Good Vibrations: +0.11%
Kokomo: +0.10%
FeelGoodInc: +0.10%
Long Term Portfolio: +0.09%
Trading Bot: +0.04%
Today with the current momentum in the market, we anticipate some bullish movement by market close. I am not confident that we will close higher than open, but I am confident with the idea that within some part of the day, the markets will be trending and trading higher than it was at open.
With this sentiment, we are looking to allocate directly into the base algorithm today with 100% of our capital, with the intention of cutting all positions prior to close and setting stops to guarantee profit as soon as possible.
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.
Generated entries for 8/10/2022
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 , $DIS , $GOOGL , $BA , $BABA , $TSLA , $AAPL , $MSFT, $RIVN*
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
Risky Speculative Play - $BABA
Split Play - $TSLA
Relatively Safer Long - $BA*
Economic News for 8/11/2022
Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Producer price index - 8:30 AM ET
Notable Earnings for 8/11/2022
Pre-Market Earnings:
Brookfield Asset (BAM)
Cardinal Health (CAH)
Baidu (BIDU)
US Foods Holding (USFD)
Privia Health Group (PRVA)
HanesBrands (HBI)
Applied Industrial Technologies (AIT)
Tricon (TCN)
Six Flags (SIX)
National Vision Holdings (EYE)
After-Market Earnings:
ResMed (RMD)
Illumina (ILMN)
Rivian (RIVN)*
Wheaton Precious (WPM)
Credicorp (BAP)
Endeavor Group (EDR)
Flowers Foods (FLO)
Ryan Specialty (RYAN)
Mister Car Wash (MCM)
Joby Aviation (JOBY)
Wrap up
Overall, today should be a great day for the market with all of this momentum leading into the day. Please be smart and careful when trading, but increase the amount of risk you are taking in the markets with this confidence flooding back into the markets.
Realize some gains, limit your downside potential and have fun in the process. After the previous bloody months, we are able to enjoy some bullish momentum while it is here.
Good luck trading today everyone and let’s continue to make some bank!
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