HaiKhuu Daily Trading Report

Good morning and happy Tuesday everyone! Hope you all had a great night and are ready for today. Futures are up, markets are looking stronger than they did yesterday and there will be lots of opportunities to trade both to the upside and downside today!

Thoughts & Comments from 8/29/2022

Yesterday was an extremly choppy day for the markets. We saw a significant amount of movement both towards the upside and downside yesterday with lots of opportunities to scalp towards either direction. $SPY closed the day at $402.63 down −2.68 (0.66%). Movement from open to close, the markets only gained roughly +0.11%, which is a small but a relative win.

The worst part of the day was how often we were tinkering at that black level, there was one time during the day the markets went green, and multiple times during the day where markets were black and up from the low of day. The overall day could have been significantly better, but at the same time could be significantly worst too.

Hopefully you all were able to realize a significant amount of gains in real time yesterday and able to minimize the amount of losses that could have been incurred.

Thoughts & Comments for Today 8/30/2022

Today is looking significantly more optimistic going into the day compared to yesterday. With the markets taking a heavy dip on Friday, it was time for a small bounce. $SPY made a high of the morning at $406.73 but is unfortunately on a slight downtrend at the time of writing this report.

Please be extremely careful while trading today, I expect today to be a pseudo repeat of yesterday in terms of not significant movement from open, but a lot of chop happening throughout the day. There will be many opportunities to actively trade but at the same time lots of opportunities to actively get burnt throughout the day.

When trading be quick with your scalps and wait for a sign of reversal prior to entering or exiting any positions. Practice safe risk management and minimize the amount of risk that you are taking with any position.

If you are looking for a swing trade, buy some fundamentally solid organizations that you are confident in, and scale into your position. Do not go all in right away, but have room to average down accordingly if necessary. I believe that this is a solid time for a buying opportunity to ride the wave up for the next couple of weeks, but please make sure you are taking proper precautions to minimize the amount of risk possible.

Make sure too, when you are entering into these swings that you have hard stop losses in place in the case of another major downturn. If $SPY breaks this $400 level, a significant amount of confidence will be lost and the result will be major selling. Institutions will use this as an opportunity to purchase, so make sure you don’t get burnt on the downside while not losing your position 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 our algorithms. With the majority of our processes actively beating the market, it was a great time. Vlad’s long-term portfolio that we base our algorithms on beating the market by over 300%, we will take that as a massive win.

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: +0.11%

Our Results:

Long Term Portfolio: +0.35%
Experimental Market Neutral: +0.27%
Base Algorithm: +0.12%
Market Neutral: +0.01%
Experimental Sector Neutral: -0.03%
Sector Neutral: -0.1%

Today, to follow up with yesterday, we are going to be limiting general exposure in the pilot account due to the underlying risks of too much exposure in the markets. I want us to have general bullish exposure, but with the way the markets are going, I do not want us to be taken out by any sudden downturns.

Due to this, we will not be taking any positions in the pilot today.

All positions are still valid from a technical analysis standpoint, but we simply are not comfortable with these current conditions as a result of Friday’s sell-off. If you are deciding to take any of these plays, please practice safe risk management and realize some gains when you have an opportunity today.

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

Safe - $SPY

Swing Opportunities:

Look to buy fundamentally solid organizations on this dip that you have confidence in purchasing and holding for approximately 2~ weeks. Be careful going too heavy with these allocations, but look to buy this dip.

LONG OPPORTUNITIES:

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

Economic News for 8/30/2022

S&P Case-Shriller US home price index (year-over-year) - 9 AM ET
Consumer confidence index - 10 AM ET
Job openings - 10 AM ET
Quits - 10 AM ET
New York Fed President John Williams speaks - 11 AM ET

Notable Earnings for 8/30/2022

Pre-Market Earnings:

Bank of Montreal (BMO)
Baidu (BIDU)
Best Buy (BBY)
Futu Holdings (FUTU)
iQIYI (IQ)
Photronics (PLAB)
Zhihu (ZH)
Big Lots (BIG)
Opera Limited (OPRA)
REX American Resources (REX)

After-Market Earnings:

CrowdStrike (CRWD)
HP Inc (HPQ)
Hewlett Packard Enterprise (HPE)
Chewy (CHWY)
ChargePoint Holdings (CHPT)
PVH Corp (PVH)
Ambarella (AMBA)
VNET Group (VNET)
A-Mark Precious Metals (AMRK)

Wrap up

Overall, please just be smart and safe with any and all allocations you take today while trading. Look to swing while we have an opportunity to grab allocations at this relatively cheap price and look to sell over the upcoming weeks. Scale in your entries in case you need to average down and take advantage of these prices on the market.

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

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

HaiKhuu Daily Report 8/30/2022