HaiKhuu Daily Trading Report

Good morning and Happy Tuesday everyone! Hope you all are feeling amazing and are hyped for today.

Markets are looking relatively neutral right now which is not any cause for concern but is something that we have to take with a grain of salt when trying to time out the day. Ideally, we continue to move up accordingly today. In the case we come down, hopefully, we have a successful Turn Around Tuesday.

Thoughts & Comments from 8/15/2022

Yesterday was an interesting day for the markets. Things opened up red but moved up quickly. Going into the lunchtime lul, we saw a beautiful movement up in the markets which resulted in a significant amount of confidence added to the markets. Thankfully this active purchasing happened and as a result, the markets continued to slowly trend up for the rest of the day. $SPY made a low pre-market at 423.70, made a high of 429.41, and closed the day at 428.86, up +1.76 (0.41%).

The movement of yesterday was amazing and hopefully, you all were able to actively trade and realize some significant gains.

The bears tried to fight us in the morning, but thankfully the bulls were able to win the fight.

It was a great day to actively free equity trade and acquire as much free equity as possible!

I personally was able to acquire 21 free shares of companies yesterday, including Ford, US Steel, and Snapchat!

$SPY 8/15/2022 ONE MINUTE INTRADAY CHART

Thoughts & Comments for Today 8/16/2022

Today should be an interesting day for the markets. Obviously, we want this bullish momentum to continue, but please be careful not to get greedy in the process. There will be a lot of opportunities to realize some gains today so don’t actively force any trades that are not present.

Capitalize on this momentum, follow the trend and watch out for the downside.

If you are looking for a trade and cannot find anything, look towards the one-minute chart of the indices and actively trade there when given an opportunity to do so. I expect today to mimic yesterday’s trading volume and movement, where the trend is clear, but it was tough for people to actively find consistent trades. Indices will be your best bet for consistent movement throughout the day.

Be careful if you want to be overly bearish in these market conditions, but still look to actively hedge your portfolios. I wouldn’t be too bearish just yet, but limiting downside risk potential is always a positive thing to do to limit the amount of total risk.

Look to free equity trade today, I personally will be looking for many opportunities to actively acquire as many free shares as possible.

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 amazing day for the base algorithm. With the markets moving up heavily, it was even better to see that the base algorithm outperformed the markets. It was unfortunate that the first time we tested our new algorithm FGI, it underperformed but C’est la vie. There is a joke that regardless of how well your backtesting does, the first time you allocate real money into a strategy that it will ultimately lose. Oh well, at least we know that relatively, our market-neutral positions work as such, and remain neutral for us to utilize if the markets ultimately come down.

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 +0.96%

Our Results:

Base algorithm: +0.99%
Long term portfolio: +0.9%
Kokomo: +0.44%
Goodvibrations: +0.2%
FeelGoodInc: -0.07%

Today we will not be making any allocations. This is not due to a lack of confidence in the market or our active trading system, just with the current setup of our allocations and a miscalculation I made yesterday with timing, we will be utilizing today as a reset for allocations tomorrow.

If I were to allocate into the algorithm today, my target would be to directly purchase into the base algorithm and cut at approximately 0.3-0.4% return, and have stop losses set in real time to guarantee profit throughout the day.

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

Safe - $SPY , $QQQ
Risky - $F, $CCL , $UAL , $SOFI , $SPCE, $PLTR, $HOOD

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.
Hedge your portfolio for the possible downside that is coming up. I’d rather you all be safe and actively hedged than sorry when the markets inevitably come down.

LONG OPPORTUNITIES:

Long Term Dividend - $GAIN
Risky Speculative Play - $BABA
Split Play - $TSLA
Relatively Safer Long - $BA*

Economic News for 8/16/2022

Building Permits (SAAR) - 8:30 AM ET
Housing Starts (SAAR) - 8:30 AM ET
Industrial production index - 9:15 AM ET
Capacity utilization rate - 9:15 AM ET

Notable Earnings for 8/16/2022

Pre-Market Earnings:

Walmart Inc (WMT)
Home Depot (HD)
Sea Limited (SE)
Elbit Systems (ESLT)
Pagaya Technologies (PGY)
On Holding (ONON)
Lumentum Holdings (LITE)
HIS Holding Limited (IHS)
Global-E Online Ltd (GLBE)
Premier Inc (PINC)

After-Market Earnings:

Agilent Technologies (A)
Jack Henry & Associates (JKHY)
LexinFintech (LX)
Lulu's Fashion (LVLU)
QuickLogic (QUIK)

Wrap up

Overall, please just be smart and safe today. Look out for opportunities but do not force anything. Practice safe risk management and protect your bottom line.

Realize some gains while trading, collect some free equity, and minimize the general risks in the market.
Good luck trading today everyone and let’s continue to make some bank!

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HaiKhuu Daily Report 8/16/2022