HaiKhuu Daily Trading Report

Good morning and Happy Friday everyone! It’s been one terrible week for the markets and fortunately, we all are going to be able to sit back, relax and enjoy our much-needed weekend very soon. As I’ve warned over the previous couple of days, markets unfortunately are continuing to come down lower and we are all in a place where safety and downside risk protection is our number one priority. There is a chance we rebound from this incredibly terrible week for the markets, but realistically the chances of that happening are relatively slim. Please be extremely careful when attempting to trade or scalp in these current market conditions and capitalize on opportunities that are available.

Thoughts & Comments from 9/15/2022

Yesterday was an interesting day for the markets. We unfortunately opened the day down, but were all were pleasently surprised with the insane bullish movement we made from the relative lows.

$SPY opened up the day at $392.89 before quickly moving up and making a high at $395.96. Things were looking optimistic in the morning until the markets started to sell off after making that high. Very quickly after pushing up and making that unsuspecting high, we experienced a significant amount of chop.

Markets came down accordingly with $SPY testing $390.50 multiple times prior to eventually breaking out, and making a relative high around $394.50. Just like the unsustainable movement in the morning, once we made that relative high in the markets, we unfortunately came down.

We ended up watching $SPY make a new intraday low of $388.78 and was able to fortunately close above $390 for the day, which did give us a glimpse of hope leading into the end of the week.

$SPY ended the day at $390.12 −$4.48 (1.14%), with an intraday movement of -0.72%. It was a tough day for the markets, but presented many opportunities to actively realize some gains, as well as getting wiped out from chop. Hopefully you all were able to actively realize some gains in the process of trading yesterday and were able to minimize relative losses that could have been incurred.

Thoughts & Comments for Today 9/16/2022

Today, my sentiment will be essentially the same as the sentiment of yesterday. Expect bearish momentum in the markets going into open. There will be a significant amount of chop today while the markets are in this indecisive spot. With the markets starting to break down, I am personally expecting positions to continue to come down over the following couple of weeks. This should not surprise you and I hope you all have actively prepared for these market conditions.

I do want to say though, that just because the markets are actively in a bearish downtrend at the moment, does not mean there are not opportunities to actively trade and realize gains playing both to the upside and the downside. I do expect a significant amount of traders to have a difficult time though in the process.

If you are looking to make active trades right now, stay away from looking into purchasing active swings. Day trading and scalping will be the best way to realize gains in these current market conditions, mostly if you are actively holding cash and are attempting to be passive in these current market conditions.

Hopefully, the markets do decide to come up sometime soon for a slight bounce, but I expect that the markets hit a relative bottom in approximately two~ weeks. Continue to hold cash and hedge your positions to navigate during these times. Once we’ve hit maximum fear in the markets, is the best opportunity for us to buy.

Timing the market will be the key to your success over the following weeks. Please be smart and patient when looking for an opportunity and prepare to purchase this dip.

In the meantime, if you are antsy and are looking for a way to tie up capital, look into selling CSPs that expire either today or sometime soon on fundamentally solid organizations you personally are comfortable and confident in, at a price you are willing to get assigned at.

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

HaiKhuu Proprietary Algorithm Report:

Yesterday despite the terrible results of the markets, all of our algorithms and systems were able to actively beat the markets by a significant margin. Our old sector neutral and experimental market neutral portfolios were able to even generate a profit in the meantime. This continues to build confidence in our systems while the markets are looking weak. The strength of these algorithms are only getting better as time passes which is an exciting factor towards the success of the program.

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: -0.72%

Our Results:

Sector Neutral: +0.38%
Experimental Market Neutral: +0.25%
Market Neutral: -0.03%
Experimental Sector Neutral: -0.21%
Base Algorithm: -0.39%
Long Term Portfolio: -0.66%

Today, due to the underlying risks in the markets, the pilot will not be making any allocations today. This is a safety precaution we are taking and ultimately is a decision that we are taking to minimize all possible risks and unfavorable outcomes. There is a chance for the markets to move up accordingly where we could have generated profits in the process of actively trading, but due to the risk factors in the markets right now, we simply are not willing to take on that heat for the protection of the fund.

Please be careful if you are taking any bullish algorithmic plays today, they are all still valid from a technical analysis standpoint, but are extremely risky taking in these market conditions.

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 , $FDX , $TSLA , $BABA , $SOFI , $AMD , $INTC , $NVDA , $MSFT , $GOOGL , $AAPL
Free Equity List:

Safe - $SPY
Risky - $X , $INTC , $AMD , $BABA , $SOFI

Swing Opportunities:

Cut long positions you have in your portfolio you do not anticipate holding and look to actively hold more cash
Hedge your positions for the continued downside we are expecting in the markets
Sell CC’s on equities you have and look to purchase some puts

LONG OPPORTUNITIES:

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

Economic News for 9/16/2022

UMich consumer sentiment index - 10 AM ET
UMich 5-year consumer inflation expectations - 10 AM ET

Notable Earnings for 9/16/2022

Pre-Market Earnings:

None

Wrap up

Overall, PLEASE just be smart and safe while actively trading today. There will be a significant amount of turbulence in the markets which will ultimately result in people getting wiped out by chop. Be reserved while trading and wait for the perfect opportunity to strike before trying to make any plays.

Good luck trading today everyone and have a great weekend!

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HaiKhuu Daily Report 9/16/2022