HaiKhuu Daily Trading Report

Good morning and Happy Thursday everyone! Hope you all are well rested and are feeling amazing. This has been a tough week for the markets but things should get better going into the long weekend. Just as a reminder, Monday the markets are closed for labor day.

Make some plans for the long weekend and enjoy some time away. Get that mental refresh after what has been a terrible week for the markets!

Thoughts & Comments from 8/31/2022

Yesterday was a tough day for the markets, we were looking extremely good going into open, but ended up selling off throughout the day. $SPY opened at $399.92, moved up accordingly, and broke $400 but unfortunately came down through the day. There were no great opportunities to actively trade to the bull side, but there were many opportunities to actively scalp. Market conditions have been rough over the past couple of days but as I say, C’est la vie.

$SPY ended the day at $395.18, down -$3.03 (0.76%) with an intraday loss of -1.19%.

Not much we could have done about yesterday, but hopefully you all were able to at least realize some gains in the meantime playing either the up or the downside.

Thoughts & Comments for Today 9/01/2022

Today is looking more optimistic going into open. Markets are down at the moment but there are signs of a possible reversal here. $SPY has made a low of $391.82 during the pre-market session but has been moving up accordingly since.

If you are looking to trade, please be reserved today and realize some gains when you have an opportunity to do so. But this is a great opportunity to start picking up some equities to hold for the next couple of weeks and average down accordingly on each dip. Yesterday I picked up a quarter lot of $QQQ in my personal portfolio. This is nothing of any major significance, but in the case that I need to average down, I can 4x my position with relative ease.

Look into some major organizations that you believe will go up more in perspective to $SPY over the upcoming weeks for when the markets inevitably bounce.

Please just be smart and safe in the process though, just because we want to start increasing exposure in the markets does not mean you want bad positions. Only take plays that you personally are comfortable and confident holding over the span of the next couple weeks, but if necessary until the end of the year.

Stay away from Chinese-based hyped plays and stick to the fundamentally solid organizations that in two weeks will be simply trading higher than they are right now.

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 tough day for the markets and general bullish strategies that we’ve created, but I am extremely proud to say that all of our neutral strategies have been absolutely killing it while the general bullish strategies we’ve created outperformed the markets yesterday.

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: -1.19%

Our Results:

Experimental Sector Neutral +0.43%
Experimental Market Neutral +0.18%
Sector Neutral +0.08%
Market Neutral -0.03%
Base Algorithm -0.56%
Long Term Portfolio -0.79%

Today is going to be a genuine toss-up of a day, with a significant amount of economic news going into open, we will be actively deciding between FGI, Our Experimental Sector neutral portfolio, or utilizing our base algorithm.

In the case the markets are looking bullish and optimistic prior to open, we will be utilizing the base. If things are looking relatively sketchy and we decide not to take on risk, then we will be looking at utilizing the sector-neutral portfolio.

Please practice safe risk management and realize some gains when you have an opportunity today if you are taking on any of these alerts.

All positions will be disclosed prior to markets opening.

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 , $AAPL , $GOOGL , $MSFT , $NVDA*
Free Equity List:

Safe - $SPY
Risky - $AI*

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.
I am watching, MSFT , AAPL , GOOGL, AMZN, BABA , QQQ and SPY to purchase on this dip

LONG OPPORTUNITIES:

Long Term Dividend - $GAIN
Risky Speculative Play - $BABA

Economic News for 9/01/2022

Initial job claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Productivity revision (SAAR) - 8:30 AM ET
Unit labor costs revision (SAAR) - 8:30 AM ET
S&P US manufacturing PMI (final) - 9:45 AM ET
ISM manufacturing index - 10 AM ET
Construction spending - 10 AM ET
Atlanta Fed President Raphael Bostic speaks - 3:30 PM ET

Notable Earnings for 9/01/2022

Pre-Market Earnings:

Hormel Foods (HRL)
Campbell Soup (CPB)
Toro Company (TTC)
Ciena Corp (CIEN)
Science Application International (SAIC)
Weibo Corp (WB)
J. Jill (JILL)
Patterson Companies (PDCO)
Signet Jewelers (SIG)
Hello Group (MOMO)

After-Market Earnings:

Broadcom (AVGO)
Lululemon (LULU)
HashiCorp (HCP)
Smartsheet (SMAR)
nCino (NCNO)
PagerDuty (PD)
Oxford Industries (OXM)
Quanex Building Products (NX)
Calavo Growers (CVGW)

Wrap up

Overall, please just be smart and safe in these current market conditions. Things will get better soon while we end this relative downtrend. Purchase strong equities during this time and practice safe risk management in the process. Look to sell these equities on the next bump, and purchase more in the case that we dip.

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

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HaiKhuu Daily Report 9/01/2022