HaiKhuu Daily Trading Report

Good morning and happy Hump day ladies and gents! Markets are not looking the best during this pre-market session, $SPY at the time of writing this report has hit a low of $426.03 and /NQ hit $13,512.50. Both are down just under 1% and are not looking the best right now, but it is for us to make the most of it.

Thoughts & Comments from 8/16/2022

Yesterday was an absolutely interesting day for the markets. The $SPY opened up red at 427.73.

With $TSLA and $WMT driving the markets, we trended up for the majority of the day. The run started around 11 am EST and continued until 2:15 pm EST. Markets moved up about 1% from the low of the day and made a high of 431.73. After making a new high, we quickly sold off and erased the majority of the intraday gains.

The morning was sketchy, but once the momentum picked up, it was difficult to not love the bullish momentum.

$SPY closed the day at 429.70 up $0.84 (+0.2%). Intraday movement, open to close was +0.46%. Great day for the markets filled with many opportunities to actively realize a significant amount of gains!

$SPY 8/16/2022 ONE MINUTE INTRADAY CHART

Thoughts & Comments for Today 8/17/2022

Today will be a fairly interesting day. With the markets trending the way they are, we have needed a slight pull back to justify this movement as sustainable.

It isn’t a great look for the markets being down 1%, but C’est la vie. It is for us to capitalize on this momentum and realize some gains in the process.

If you are looking to trade, this opportunity will give us a chance to trade the same equities we’ve been trading, but utilize less capital. I personally would be cautious buying this dip as we are in need of an active pull back and this can be the start of that process.

Please continue to hedge your portfolios by grabbing puts on positions you have deep allocations in as well as making sure that you are practicing safe risk management. You do not want to get caught bagholding positions here at what is a relative top while the markets come down.

If you are trading today, please just be smart and safe. Realize gains quickly and do not get greedy. Don’t fight any trends and follow the momentum. Right now there is a bearish sentiment on the market which is completely justified. If you want to take a bullish trade, wait until we have a confirmation of a reversal at the relative bottom and scalp on the way up. I’d recommend if you are attempting this to stick with trading the major indices.

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

HaiKhuu Proprietary Algorithm Report:

Yesterday was a great day for the algorithms, pretty much every algorithm outperformed the markets. It was a beautiful day with lots of great opportunities to realize a significant amount of gains with our system.

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 +0.46%

Our Results:

Base Algorithm: +0.81%
Long Term Portfolio: +0.75%
Kokomo: +0.53%
FeelGoodInc: +0.43%
GoodVibrations: +0.0%

Today as there is a bearish undertone in the markets, will be actively testing out and utilizing our newest sector-neutral portfolio, FGI.

We will be entering into all of our bullish positions with roughly 100% of our active capital, and utilize margin for the active hedge of the portfolio.

Please be careful if you are following the FGI trading algorithm today, it has proven success in the back tests but as we all know, true market conditions will always actively change. If you are looking for a neutral strategy to follow, check out Kokomo today.

All positions will be closed out by the end of the day. Please watch out for my notifications when I decide to exit all allocations.

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

Safe - $SPY
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 8/17/2022

Retail sales - 8:30 AM ET
Retail sales ex-motor vehicles - 8:30 AM ET
Real retail sales - 8:30 AM ET
Fed Gov. Michelle Bowman speaks - 9:30 AM ET
Business inventories - 10 AM ET
FOMC minutes - 2 PM ET
Fed Gov. Michelle Bowman speaks - 2:30 PM ET

Notable Earnings for 8/17/2022

Pre-Market Earnings:

Lowe's (LOW)
Analog Devices (ADI)
TJX Companies (TJX)
Target Corp (TGT)
Performance Food Group Company (PFGC)
ZIM Integrated (ZIM)
Sportradar Group (SRAD)
Krispy Kreme (DNUT)
Membership Collective Group (MCG)

After-Market Earnings:

Cisco Systems (CSCO)
Synopsys (SNPS)
Keysight Technologies (KEYS)
ZTO Express (ZTO)
Amcor plc (AMCR)
Wolfspeed (WOLF)
Bath & Body Works (BBWI)
CI&T Inc (CINT)

Wrap up

Overall, just be smart and safe while trading today. Don’t do anything crazy, irrational or too risky. Be reserved with your trades and limit the amount of risk that you are taking with any and every position. Start hedging your portfolio. Please be smart, safe and not greedy. Realize some gains and have a great time.

Good luck trading today everyone and let’s continue to make some bank!

If you are not a part of our free Discord, click HERE to join

HaiKhuu Daily Report 8/17/2022