HaiKhuu Daily Trading Report

Good morning and Happy Tuesday everyone. Markets are looking weak at the moment but you all are strong. Things are not looking good and there is a significant amount of bearish momentum going into open, but it is not something we cannot handle. Thankfully, we all are strong enough to sustain ourselves through the BS and can capitalize on this opportunity to trade and scalp. Please be safe and careful during this time but capitalize on the opportunities that present themselves.

Thoughts & Comments from 10/10/2022

Yesterday was a tough day for the markets. Before open, markets were trending up and looking strong, but by the time the markets opened, it was a whole different show. There was a significant amount of bearish momentum in the markets which caused us to sell off significantly.

We opened the day with $SPY trading at $364, and we sold off right from the rip. There were opportunities to try and catch the bottom, but realistically, the sell off was sustained for roughly three and a half hours. Markets hit a bottom at $357.68 and was looking absolutely disgusting. Within an hour of hitting what was the low of day though, we watched as the markets rallied up significantly and made a new relative high right under $362.50, and slowly selling off for the rest of the day.

$SPY ended the day at $360.02, right above the $360 support level, down -$2.77 (0.76%), with an intraday movement of -1.08%. Terrible low volume day for the markets, but C’est la vie. Things obviously could have been better, but things could have been significantly worst. Hope you all were doing alright during that time and were able to actively manage your trades in the meantime.

Thoughts & Comments for Today 10/11/2022

Today, the pre-market momentum has been significant and very interesting. After hours, the markets moved up ever so slightly, but once the futures session opened up, markets came down substantially. Throughout the night, $SPY continued to drop and made a new low at $356.31, which technically would be a new 52-week low.

$SPY and the markets have come up slightly since then, with $SPY trading at $358 at the time of me writing this report. Hopefully, the markets continue to move up in the relative short term, but realistically with this movement, there is a substantial amount of bearish momentum in the markets.

Please be careful and diligent while actively trading today, but take advantage of the opportunities that are presenting themselves to you all right now. With the markets dipping so hard, there will be many great opportunities to take plays and actively capitalize on this momentum for relatively quick scalps. Do not get greedy with your positions and do not overtrade.

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 markets absolutely getting decimated, oddly enough, our portfolios did perfectly fine and were able to beat the markets by a significant margin. Our original market-neutral strategy actually beat the markets by a significant margin and everything else was beautifully green. This continues to build a significant amount of confidence in our strategies and makes us absolutely love the systems we have in place. When the markets are beautiful and bullish, we have a strategy that is profitable. when the markets are tough and bearish, we have a strategy that is profitable.

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: -1.08%

Our Results:

Market Neutral: +1.07%
Experimental Market Neutral: +0.84%
Sector Neutral: +0.2%
Base Algorithm: +0.07%
Experimental Sector Neutral: +0.0%
Long Term Portfolio: -0.23%

Today, due to the current underlying conditions of the markets we will be utilizing FGI again to limit the amount of risks we are actively taking in the markets. With the neutral strategies performing well in these conditions, it would be wise to allocate to a strong strategy compared to actively holding cash, as we have opportunities to increase profit potential with these strategies.

I’ll most likely be cutting the allocations early, but depending on the market conditions we may adjust and hold throughout the whole day.

Please be careful taking any bullish allocations and watch for when I ultimately end up cutting our positions.

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 , $BABA , $GOOGL , $GAIN , $AMD , $RBLX , $MSFT , $AAPL
Free Equity List:

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

Swing Opportunities:

HOLD your strong equity positions you’ve picked up over the previous couple of weeks on the markets
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 10/11/2022

NFIB small-business index - 6:00 AM ET
NY Fed 5-year inflation expectations Cleveland - 11:00 AM ET
Fed President Loretta Mester speaks at Economic Club of NY - 12 noon

Notable Earnings for 10/11/2022

Pre-Market Earnings:

AZZ Inc (AZZ)

After-Market Earnings:

Pinnacle Financial Partners (ETWO)
Applied Blockchain (APLD)

Wrap up

Overall, please be smart safe and diligent while trading today. Take advantage of the opportunities that present themselves and limit the amount of downside risk potential that is present. Be smart with your positions and realize gains when given a chance. Don’t get greedy, practice safe risk management and don’t over trade.

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

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

HaiKhuu Daily Report 10/11/2022