HaiKhuu Daily Trading Report

Good morning and Happy Wednesday ladies and gentlemen. The next couple of days for the market are gonna be one hell of a time so I hope you all are ready! With FOMC minutes coming out today at 2 pm EST and CPI data coming out tomorrow at 8:30 am EST, expect a significant amount of movement over the next two days.

Please mentally and physically prepare as this will be one crazy storm of events for the markets.

Thoughts & Comments from 10/11/2022

Yesterday was an extremely interesting day for the markets. $SPY opened the day red at $358.30 and showed a significant amount of bearish momentum in the process. Within the first hour of the day, we made a new 52-week low in the markets with $SPY hitting a low of $355.80~. Things were looking tough for the markets until we went on a large rally throughout the next 3~ hours. $SPY pushed up almost 2% to make a high of day at $363.03.

Things were looking absolutely beautiful until the markets started to sell off 15-minutes prior to power hour. Markets went from green for the day, to make a new official 52-week low. The sell-off was sharp and overall showed no sign of bouncing back during the active selling. You could have scalped the bottom, but that selling was absolutely disgusting. $SPY made a new low of the year at $355.71. After making that low in power hour, we did see a slight reversal leading into close. $SPY ended the day at $357.74, down -$2.33 (0.65%) with an intraday movement of -0.14%.

It was a crazy day for the markets, but there were many opportunities to realize a significant amount of gains playing both towards the upside and the downside. Hopefully you all were alright actively trading during the morning and were able to get out of the majority of your positions by the end of the day!

Thoughts & Comments for Today 10/12/2022

Today is going to be an extremely interesting day for the markets. With bullish momentum leading into the day, there seems to be many great opportunities to actively trade and realize gains today. As we have FOMC minutes coming out today at 2pm EST, expect volume to be relatively lower after the first hour of the day, but leading into 2 pm expect a significant increase in the amount of volume and momentum. After 2 pm, there will be a significantly higher amount of volume in the markets and hopefully some beautiful bullish momentum.

Be careful trading today though, there will be lots of opportunities to get chopped out as well as many opportunities to lose. I believe that the majority of traders today should be able to realize a significant amount of gains, but at the same time, the risks of trading both today and tomorrow are increased significantly. Please be smart and safe while trading to assure you are limiting your downside risk.

Take advantage of the opportunities that present themselves though. There will be many opportunities to pick up equities and day trade today. Be smart with the opportunities that present themselves. Today is not the day you want to be greedy, but if you are in positions and are watching them move in your favor, let the markets continually do their thing and continuously move your stop to guarantee more profit.

This should be an easy trading day leading into FOMC, and assuming that the minutes are good, should only continue the bullish momentum into CPI data coming out tomorrow.

Prepare for these opportunities accordingly but have a great time in the process.

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

HaiKhuu Proprietary Algorithm Report:

Yesterday was another amazing day for the algorithms. With the markets being extremely volatile, the markets were not under the best conditions for the algorithms to perform. Despite this, all of our systems were profitable and it was an absolute win for our systems. All of our systems were green and our LTP & Base algorithm beat the markets by a decent margin. I cannot complain about the performance of the markets and am very happy about the performance.

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: -0.14%

Our Results:

Market Neutral: +0.68%
Long Term Portfolio: +0.53%
Base Algorithm: +0.31%
Experimental Market Neutral: +0.18%
Sector Neutral: +0.03%
Experimental Sector Neutral: +0.02%

Today, with the bullish momentum leading into the trading day today, we will be utilizing our base bullish algorithm to increase exposure leading into FOMC minutes being released later today. The result of this will be an increased amount of risk, but it is risk that is worth taking leading into this event. I personally will be cutting 100% of all allocations PRIOR to FOMC, but I am not sure when during the day that will happen. Ideally, the markets continually go up for the whole day where we are able to set stop losses accordingly and cut positions slowly, but in the case that opportunity does not happen, I will simply just cut all allocations accordingly when the markets slow down.

Please look out for this exit on the pilot if you are taking any of these trading alerts today.

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 , $AMD , $RBLX , $GAIN , $TSLA , $MSFT , $AAPL
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 10/12/2022

Producer price index, final demand - 8:30 AM ET
Minneapolis Fed President Neel Kashkari speaks at town hall - 12 noon
Fed Vice Chair Michael Barr speaks at DC Fintech Week event - 1:45 PM ET
FOMC minutes - 2:00 PM ET
Fed Gov. Michelle Bowman speaks at Money Marketeers - 6:30 PM ET

Notable Earnings for 10/12/2022

Pre-Market Earnings:

Pepsico (PEP)
Wipro Limited (WIT)

After-Market Earnings:

Duck Creek Technology (DCT)

Wrap up

Overall, PLEASE be smart and safe trading today and prepare for CPI data to come out tomorrow pre-market. There is going to be a significant amount of momentum between today and tomorrow so capitalize on the opportunities to trade and have a great time in the process.

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

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HaiKhuu Daily Report 10/12/2022