HaiKhuu Daily Report 10/05/2022

Daily Report
Written By Allen Tran

Good morning and happy Wednesday ladies and gents! Hope you all are well rested and ready for the day! Markets are looking tough at the moment but that does not mean things won’t get better. $SPY is currently trading at 374.75 −3.22 (0.85%) at the time of me starting this report, but things can obviously get better in the relative short term.

The previous couple of days in the market have been extremely bullish so it would make sense that in the relative short term there is a minor correction. It is not anything of any major concern.

Thoughts & Comments from 10/04/2022

Yesterday was an absolutely beautiful day for the markets with us ripping and rallying right from open. $SPY opened at $372.45 and moved up accordingly to make its first HOD a little above $377 before being relatively stagnant for two and a half hours before coming down.

Once $SPY started to come down, we actively tested $374 before bouncing back up and moving accordingly. $SPY held the majority of the gains well and moved up easily after selling off for that 45~ minute period. Markets rallied into close which was a beautiful look for the markets. $SPY closed the day at $377.97 up +$11.36 (3.10%) with an intraday movement of +1.5%, as well as made a new high of day moments after close at $378.26.

Beautiful day for the markets, and I hope you all were able to generate a significant amount of both realized and unrealized gains in the process!

$SPY ONE MINUTE INTRADAY CHART 10/04

Thoughts & Comments for Today 10/05/2022

Today is looking less optimistic going into open, but is still looking great in the grand scheme of things. $SPY has continued to come down whilst writing this report, and I am assuming it will only continue to downtrend until I give out the report today, but look at this as an opportunity to actively trade and scalp.

The markets cannot blindly continue up without any sign of reversal or correction. A minor correction after the two day bender the market has gone through is expected. Do not get scared nor believe that now because we’ve come down about 1% since close yesterday that we are going to make new 52-week lows.

This obviously is an optimistic and bullish case for the markets, a lot can happen with macroevents which will cause the markets to come down significantly, but realistically unless there is something that is not accounted for in the relative short term, that will not happen.

Continue to hold your long positions accordingly, trade when given an opportunity to do so and have an extremely fun time in the process.

Now is an amazing time to free equity trade if given an opportunity to do so, don’t get greedy and realize your gains when given an opportunity to do so, grab some equity in positions you personally have a significant amount of confidence in and enjoy the process. Your future self will thank you for stacking a couple free shares of stocks every couple of days. You’ll look back in multiple years and absolutely love that you have a portfolio you’ve passively built with strong equities that have continuously grown while trading that has been acquired at a zero-cost basis.

Be smart while trading today. Do not take on any unnecessary risks and follow the trend. Do not trade any bullish positions until there is a sign of reversal and an opportunity to trade. Do not force anything and make sure to practice safe risk management.

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 amazing day for both the algorithm and the markets. The markets slightly outperformed the base algorithm just slightly, but it was an absolute win and a half watching all of our systems work perfectly. Great day for the pilot and an even better day for our systems!

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: +1.5%

Our Results:

  • Base Algorithm: +1.47%

  • Long Term Portfolio: +1.34%

  • Market Neutral: +0.41%

  • Experimental Market Neutral: +0.25%

  • Experimental Sector Neutral: -0.04%

  • Sector Neutral: -0.1%

Today, due to the uncertainty of the markets and the timing of me writing this report, we are uncertain on which allocation we will make at this time.

In the case the markets are looking stronger when I come to make my morning allocations, we will be utilizing the base algorithm again with the intentions of cutting allocations early.

In the case that the markets are not looking as optimistic as expected, we will be utilizing FGI, our experimental sector neutral positions for our entries.

I personally feel safer allocating into FGI this morning, but if the opportunity presents itself to take a bullish allocation into open, we will do so via the base algorithm.

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.

Generated entries for 10/05/2022

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 , $TWTR , $BABA, $TSLA , $GOOGL , $AAPL , $RBLX , $BA, $MSFT , $GAIN
Free Equity List:

  • Safe - $SPY , $AAPL , $MSFT , $GOOGL

  • Risky - $RBLX , $QS

Swing Opportunities:

  • HOLD your strong equity positions you’ve picked up over the previous couple of weeks on the markets

  • Pick up some long dated calls on positions you are extremely bullish in

  • Sell short dated CSPs on positions you are comfortable getting assigned at.

    • If you want to increase profitability, look to sell either ITM or ATM puts assuming you anticipate the price to continue to go up and make those contracts OTM to maximize the amount of premium you collect

LONG OPPORTUNITIES:

  • Long Term Dividend - $GAIN

  • Long Term Safe Play - $BA

  • Long Term Speculative Play - $META

  • Short Term Speculative Play - $RBLX

  • Risky Speculative Play - $BABA

Economic News for 10/05/2022

  • ADP employment report - 8:15 AM ET

  • International trade balance - 8:30 AM ET

  • S&P services PMI (final) - 9:45 AM ET

  • ISM services index - 10 AM ET

  • Atlanta Fed President Raphael Bostic speaks - 4 PM ET

Notable Earnings for 10/05/2022

Pre-Market Earnings:

  • Byrna Technologies (BYRN)

  • Helen of Troy (HELE)

  • Lamb Weston (LW),

  • RPM International (RPM)

After-Market Earnings:

  • Resources Connection (RGP)

Wrap up

Overall, be smart with your active trades. Realize gains when given an opportunity to do so. Do not get greedy in anyway, shape or form. Have fun while trading and capitalize on the opportunities that present themselves.


Good luck trading everyone and let’s have a great time today!

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

Allen Tran
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Algorithm Performance: 10/05/2022
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Algorithm Performance: 10/04/2022