HaiKhuu Daily Trading Report

Good morning and Happy Thursday everyone! Hope you’re having an amazing morning and are ready for what is going to be another interesting day for the markets!

The movement of the previous three days has been absolutely insane and I am sure that trend is going to continue, so prepare for what’s going to be one insane day.

Thoughts & Comments from 10/05/2022

Yesterday was an unexpected day honestly. With the markets opening down, we saw a continuation of that downtrend. $SPY opened at $373.32, moved up slightly slightly to just under $375, and came down accordingly. $SPY continued to make made new lows of the day. Once $SPY hit a bottom at $370.95, we saw a beautiful push and rally up accordingly.

Around noon EST, we saw $SPY recover to the price that it opened at, and in power hour $SPY went green for the day.

The grind up was slow yet consistent which was reaffirming for the markets as it was not a sudden spike in the price. $SPY made an intraday high leading into power hour at $379.45. We can down accordingly into close which was expected after the major movement up, with $SPY closing the day at $377.09 down −0.88 (0.23%), but with a positive intraday movement of +0.99%.

Beautiful recovery for the markets with significant opportunities to realize and lose a significant amount of capital. Hope you all were able to realize some gains and have a great time yesterday!

Thoughts & Comments for Today 10/06/2022

Today is looking tough going into open and the pre-market movement is looking like it is a repeat of yesterday. Markets are down at the time of writing this report but again, it looks like there will be many opportunities to actively trade in the relative short term.

This may look scary or daunting to some, but others will look at this as an opportunity to be able to actively realize a significant amount of gains and capitalize on the momentum leading into the day. If you are actively trading at this time, please be careful and practice safe risk management, but this is the time to be more aggressive with your active trading to capitalize on this momentum, while also having long exposure to assure that regardless of the direction of the markets, you are able to realize gains in the grand scheme of things.

Please if you are trading, make sure you are practicing safe risk management to mitigate as much risk as possible in these current conditions. If you increase the amount of risk you are taking, you can increase your profitability significantly at these times, but at the same time, the potential for losses is increased exponentially. Take opportunities that present themselves to you but be smart and safe with your positions.

Continue to hold your long term positions and possibly look to sell some highly OTM CC’s to collect premium on the positions you are holding as well as look to sell some ITM short dated CSPs that you believe will go OTM by expiration.

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 alright day for the algorithms. Four of our five systems beat their baseline comparisons, but nothing unfortunately beat the market. This is nothing of concern though due to the crazy movements of yesterday. Day could have been significantly better for us, but at the same time it could have been substantially worst. Overall I take a day like yesterday as a wash for the pilot.

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: +0.99%

Our Results:

Base Algorithm: +0.36%
Long Term Portfolio: +0.17%
Sector Neutral: -0.15%
Experimental Market Neutral: -0.3%
Experimental Sector Neutral: -0.3%
Market Neutral: -0.39%

Today, due to the current market conditions, we will be utilizing FGI, our experimental sector neutral portfolio. This is for the overall safety of the portfolio to assure we are minimizing the total amount of risk and exposure the portfolio has, while still being able to have general bullish exposure in the case that the markets decide to rally. We would ideally like to be utilizing the base algorithm for the day, but due to the increased risks of trading them today, we would rather be safe than sorry.

If you are trading any of these alerts today, just make sure to set stops in guaranteed profit, and secure as many gains as possible.

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 , $GOOGL , $AAPL , $RBLX , $BA, $MSFT , $AAPL, $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 10/06/2022

Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Cleveland Fed President Loretta Mester speaks - 8:50 AM ET
Fed Gov. Lisa Cook delivers first speech as governor - 1 PM ET
Cleveland Fed President Loretta Mester speaks - 6:30 PM ET

Notable Earnings for 10/06/2022

Pre-Market Earnings:

Constellation Brands (STZ)
Conagra Brands (CAG)
AngioDynamics (ANGO)
McCormick & Co (MKC)

After-Market Earnings:

Levi Strauss (LEVI)
Accolade (ACCD)
IDT Corp (IDT)

Wrap up

Overall, please just be smart and safe while actively trading today. There is an increased risk while participating in the markets today. Just make sure to do your best to limit all the risk possible and generate as many realized gains while given an opportunity to do so.

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

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HaiKhuu Daily Report 10/06/2022