HaiKhuu Daily Trading Report

Good morning and Happy Friday everyone! Hope you are all hyped and ready for today! Last day of the trading week, let’s finish strong and have a phenomenal time. Markets are moving up pre-market and things are looking beautiful. $SPY when writing this report is currently trading at $403.58.

*NOTE - My apologies, I had to re-write this report in an extremely short amount of time. Squarespace’s file got corrupted and I lost two hours of work this morning on a report I genuinely was extremely proud of, I’ll re-write everything that I want you all to see for the report on monday.

Thoughts & Comments from 9/08/2022

Yesterday was an interesting day for the markets. During pre-market, $SPY was looking beautiful until we started to sell off. $SPY moved down accordingly from the relative highs of roughly $398.50 and opened at $395.45. Markets were down and things were not looking good. We moved to make a new relative low of $394.12 on $SPY right from open and went on a series of heavy movements after.

$SPY after making the low of the day quickly reversed and went on a tear. We made a relative high of around $401 prior to the markets selling off hard around noon EST. I am assuming this sell off came directly from the initial comments said coming from the Chicago Fed President speaking.

Once we bottomed out around $395.50~ $SPY ultimately moved up and tested $400 multiple times before close. $SPY ended the day at $400.38, up $2.60 (+0.65%) with an intraday movement of 1.26% from open to close. It was a difficult day to actively gauge, but a wonderful day for the markets. I am sure your portfolios all absolutely loved this movement. With $SPY closing above $400 is an amazing and bullish sign for today.

Thoughts & Comments for Today 9/09/2022

Today as I said before is looking beautiful going into open with the markets trading higher than close yesterday.

My apologizes for condensing this part of the report, I wrote out a significantly longer and very well-worded analysis of the markets & my plans for the short term but the file got corrupted and Squarespace, unfortunately, deleted the whole thing… so I will try my best to recreate it to the best of my abilities.

With the markets moving up nicely, you should look to actively start selling off positions that you’ve picked up as a swing trade over the previous couple of days and start to look into actively hedging your portfolios. Holding cash and cutting positions you do not anticipate holding will give you the best ability to actively purchase the upcoming dip and limits your downside risk potential.

For the positions that you do anticipate holding through the dip, look to sell some ITM-covered calls that by the time you close them out, they will be OTM, as well as start to purchase some puts as a hedge for when the markets ultimately decide on coming down. I have already started to cut some of my personal positions and will be looking to actively sell more positions as the markets are moving up.

If you are looking to actively trade today, please be quick, nimble and more reserved today as there is a significant amount of risk trading today. I expect that there is a significant amount of chop that will result in people actively losing money. As a result of that, I do not anticipate trading too much today as I am already fully allocated in the markets and I do not want to subject myself to that increased risk. I’ll take opportunities when present but do not plan on doing anything overtly too risky. Any plays I take today will be day trades and scalps.

For Monday, I’ll recreate my personal plans for how to navigate the dip, my apologies again for not being able to get that out to you all today, it was a full-blown plan for how I anticipate handling this dip.

Also crypto side note; if you purchased APECOIN on my recommendation yesterday, I took profit first thing this morning and cut my initial cost basis. The remainder of my position is all pure profits and is still retained in the cryptocurrency. The position I am holding is at a zero-cost basis and I anticipate selling that position sometime either today or this weekend. +13% in a day is a beautiful win!

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

HaiKhuu Proprietary Algorithm Report:

Yesterday unfortunately was a tough day for the algorithms. With the markets moving up significantly but the portfolio we built the algorithms to trade on not doing well, the results from the algorithm unfortunately were not up to par. Thankfully, this should only be a once-in-the-blue moon occurrence where this happens

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: +1.26%

Our Results:

Long Term Portfolio: +0.77%
Base Algorithm: +0.29%
Experimental Market Neutral: +0.03%
Sector Neutral: 0.0%
Market Neutral: -0.09%
Experimental Sector Neutral: -0.24%

Today we are going to be utilizing our base trading algorithm with the anticipation of cutting all of our positions early with profits. I don’t want us to have too much exposure in the markets but I do anticipate that the markets will trade higher than at open at least a couple of times throughout the day and that will be the time times we start setting stops in guaranteed profit as well as actively cut positions at what is the relative top.

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
Free Equity List:

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

Swing Opportunities:

Look to start selling the positions you’ve picked up over this previous dip and look to start hedging your portfolio!

LONG OPPORTUNITIES:

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

Economic News for 9/09/2022

Wholesale inventories revision - 10 AM ET
Chicago Fed President Charles Evans speaks - 10 AM ET
Kansas City Fed President Esther George speaks - Noon
Fed Gov. Chris Waller speaks - Noon

Notable Earnings for 9/09/2022

Pre-Market Earnings:

Kroger (KR)
ABM Industries Incorporated (ABM)

Wrap up

Overall, please just be smart and safe while trading today. Realize some gains and have an amazing time doing so. I am sure you all will do phenomenally and kick some butt trading today! Start selling some positions and looking to hedge your portfolio!

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

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HaiKhuu Daily Report 9/09/2022