HaiKhuu Daily Report 10/13/2022

Daily Report
Written By Allen Tran

Good morning and happy Thursday everyone! Hope you all are feeling amazing and are hyped for today! With CPI data coming out pre-market, expect a significant increase in both volatility and momentum pre-market.

Hopefully, when CPI data comes out there is positive news that results in the markets ripping, but please be careful as after looking at PPI results yesterday, the costs of the majority of products did increase, so that is not the best sign going into CPI.

Be smart trading today and hope for the best!

Thoughts & Comments from 10/12/2022

Yesterday was a very interesting yet choppy day for the markets. During the Pre-market session, the markets were looking beautiful and bullish leading into PPI. Once that data came out, the markets dropped significantly but were still green in the pre-market session. $SPY opened the day slightly green at $358.11, chopped around and dropped hard the first couple of minutes, then rallied to make a new relative high a little above $359. After that first little pop, markets really just chopped around significantly with no consistency. Anytime the markets went up, they came down accordingly, and throughout the day, there were many opportunities to actively play both the upside and the downside. $SPY did make a high of $359.80 at one point of the day, but again, it was not able to sustain itself.

$SPY ended the day trading at $356.56, down -$1.18 (0.33%) with an intraday movement of -0.45%.

Tough day for the markets, but lots of opportunities to trade. Hopefully, you all were able to capitalize on the opportunities that presented themselves and were able to actively realize a significant amount of gains.

$SPY ONE MINUTE INTRADAY CHART 10/12

Thoughts & Comments for Today 10/13/2022

Today will be an interesting day for the markets with CPI data coming out pre-market. The results of that data will determine the direction we move in general as well as dictate the sentiment going into the day. At the moment of me writing this report, $SPY is looking bullish and actively trending up. This IS a good sign going into CPI today, but at the same time, despite this happening, we all know that regardless of what happens during this pre-market session, CPI will determine what will happen later today. I personally am not too confident in the report, but I want to personally remain confident that things are starting to slightly get better.

In the case the CPI report isn’t good, I am expecting us to make a new 52-week low today, in the case that the CPI report Is good, I am expecting for us to have a beautiful short-term rally where we are all making a significant amount of money in the short term. I cannot confidently say which direction we are headed, nor if the movement is sustainable, but regardless, it is for us to actively navigate the markets and realize as many gains as possible in the shortest timeframe possible.

Please be smart when actively trading today and make sure to practice safe risk management. Don’t do anything that puts your account at risk. Have fun in the process and make sure that you are limiting that downside risk potential.

I am going to start allocating more towards selling CSPs for the remainder of the week and I recommend those who have the extra funds available to do the same thing. Sell OTM contracts that have a high % Covered return. It is a risky play selling those puts, but theoretically, if you go far enough OTM you should be able to collect solid returns relatively easily and quickly in these market conditions. The other day I was able to collect 50% & 33% on two different organizations in a singular day. The money is not sexy from collecting premiums, but money is money!

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

HaiKhuu Proprietary Algorithm Report:

Yesterday was a tough day for the markets with a significant amount of chop. Theoretically, it should have been a bad day for the pilot with the markets down and neutral strategies remaining… neutral, but thankfully due to the active management we absolutely decimated the markets.

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: -0.45%

Our Results:

  • Pilot: +0.66%

  • Sector Neutral: +0.17%

  • Experimental Market Neutral: +0.02%

  • Experimental Sector Neutral: -0.01%

  • Market Neutral: -0.26%

  • Base Algorithm: -0.33%

  • Long Term Portfolio: -0.61%

Today, allocations will not be decided by the time this report is published. Allocations today will be either in the base bullish algorithm or in FGI (Experimental Sector Neutral). The determination of which allocation we will make will come directly from the direction we take with CPI data coming out. In the case we are bullish and the markets look strong, we will be utilizing our base algorithm. In the case markets come down significantly and I do not have confidence, we will be utilizing FGI for safety.

Regardless of which allocation we ultimately end up taking, expect us to cut the positions early. Please watch out for which allocation style we take and when I decide to exit all 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.

Generated entries for 10/13/2022

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 , $TSLA , $GOOGL , $AAPL , $RBLX , $BA, $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 10/13/2022

  • Consumer price index - 8:30 AM ET

  • Core CPI - 8:30 AM ET

  • Core CPI (three-month SAAR) - 8:30 AM ET

  • CPI (year-on-year) - 8:30 AM ET

  • Core CPI (year-on-year) - 8:30 AM ET

  • Initial jobless claims - 8:30 AM ET

  • Continuing jobless claims - 8:30 AM ET

Notable Earnings for 10/13/2022

Pre-Market Earnings:

  • BlackRock (BLK)

  • Delta Air Lines (DAL)

  • Domino's (DPZ)

  • Taiwan Semiconductor (TSM)

  • Walgreens (WBA)

  • Fastenal (FAST)

  • Progressive (PGR)

  • Commercial Metals (CMC)

  • Theratechnologies (THTX)

After-Market Earnings:

  • none

Wrap up

Overall, be smart trading today. Direction will be determined by CPI data coming out pre-market so just follow the trend. Don’t FOMO in if the markets are ripping and don’t try and catch the bottom in case we drop. Wait for a confirmation of a reversal to allocate in the direction you’d like to play, and make sure to continually move your stops to guarantee more profits.

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

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

Allen Tran
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