HaiKhuu Daily Trading Report

Good morning and happy Friday ladies and gents! Hope you all are well rested and feeling amazing after yesterday. It was one hell of a day and the third-largest intraday reversal movement in the history of the markets. I am sure you all are hyped and still riding the highs of yesterday. Let’s all get ready for today and hopefully watch as the bullish momentum continues.

The new HaiKhuu Office will be established tomorrow and we will be live there starting early next week, so watch out as this is going to be one phenomenal time with lots of changes and expansions within the organization. I hope you all are excited because this is going to be an amazing time for everyone involved.

Thoughts & Comments from 10/13/2022

Yesterday was one absolutely insane day for the markets. Pre-market, $SPY was looking bullish for the morning until CPI data came out. Once CPI data came out, we had an initial push-up with $SPY hitting $362, then absolutely DUMPING. We continuously made new 52-week lows until markets opened, where right after opening we hit a new official 52-week low at $348.11. Disgusting time and the majority of traders felt a significant amount of heat.

After we hit that new low though… the magic started to appear.

Markets moved up accordingly and continually pushed up throughout the day. By 11 am EST, we have filled the gap where we have made up 100% of the losses that incurred during that initial drop, and the markets looked like they could continue to move up. $SPY came down from that relative top accordingly, going from $362 back down to $359. That drop was quick and sudden, but the markets looked like they would continue to move up, and move up they did. $SPY quickly pushed to a new high of the day above $364, and this is where the markets started to stagnate.

$SPY came down and we sat back and watched as over the next hour and a half remain relatively neutral with no real conviction of direction, $SPY came down ever so slightly and moved back up accordingly. After lunch, as volume started to pick back up, $SPY started moving again and made a new intraday high at above $366, and was looking amazing going into power hour.

During power hour $SPY made two new highs of the day, with the final high of the day ending at $367.51. It was an absolutely beautiful day for the markets with a significant amount of bullish momentum. $SPY ended the day at $365.93 which was absolutely amazing considering that we made a new 52-week low just hours prior at $348.11. $SPY’s day-to-day movement was +$9.41, or 2.64%, but the crazy part of this is that its intraday movement was 4.8% from open to close. Absolutely amazing day with a lot of opportunities to actively realize a significant amount of gains. I hope you all had a lot of fun and were able to make a hell of a lot of money yesterday.

Thoughts & Comments for Today 10/14/2022

Today is looking optimistic as a continuation of this bullish momentum in the markets. Despite this though, please be safe and diligent at this time. Capitalize on the opportunities that present themselves to realize a significant amount of profits, but at the same time protect your bottom line.

There is a strong possibility that there is a continuation of bullish momentum in the markets and we rally today, but at the same time there is an elevated opportunity for us to drop off accordingly. Ideally, we continue to move up and continue this bullish movement up, but at the same time please prepare for what could be a bad scenario. I want to be optimistic and say that this momentum can sustain itself and continue to move up, but due to the fact that we are in reality and all understand that the markets have a mind of their own, we cannot dictate the ultimate direction of the markets but can prepare for any scenario.

Make sure you are invested in solid organizations and allocated accordingly as this may be what we consider a bottom, but make sure you have cash on the side ready to invest in case the markets come down. We are not out of the woods yet, we literally made a new 52-week low under major support yesterday and there is a chance that the markets will sell off again, but it seems that the selling has passed and that people are more optimistic to purchase now compared to this time yesterday.

As it is Friday, look to sell some 0DTE option contracts at the beginning of the day that are highly OTM to collect premium on the extra capital that you are not utilizing today. This method of premium collection is not sexy and the gains are relatively minimal, but you are able to realize passive gains throughout the day leading into the end of the week.

Look for organizations that have high IV and provide a sizable covered return in the process to maximize the amount of premium you collect. Please be careful and make sure to take off the contracts accordingly when given an opportunity to collect 50-75%. There is no need to ride out the contract until the end of the day unless there is 100% certainty that your contract will not be tested or exercised. I personally look to cover my contracts as soon as possible for 50-75% and close out the contracts early, as the final $5 on a contract is really just the cherry on top, and there is no need to hold the contract for another 5 hours to collect that premium.

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 absolutely killer day for the markets and the base bullish algorithms absolutely loved the movement of the markets. $SPY did beat the base algorithm, but the algorithm was able to keep on pace with the markets which was absolutely beautiful. Neutral strategies worked as expected, but the real killer for the day was the base algorithm.

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: +4.80%

Our Results:

Base Algorithm +4.59%
Long Term Portfolio +3.81%
Experimental Market Neutral +0.68%
Market Neutral +0.30%
Experimental Sector Neutral -0.05%
Sector Neutral -0.17%

Today, due to the uncertainty of the pre-market conditions, we are not sure on which allocation we want to take and will be waiting for the results of the pre-market earnings to ultimately decide on which position we are going to take.

Most likely, we will be taking the base bullish algorithm with the anticipation on cutting positions early throughout the day and setting stops in guaranteed profits on all of our general allocations. But, in the case the markets start dipping and lose confidence prior to markets open, we will be utilizing FGI to actively hedge our portfolio.

Please look out for which allocation style we ultimately decide on picking up today as well as watch out for when we are starting to exit our positions and close out the pilot as a whole.

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 , $BABA , $AMD , $AAPL , $BA , $META , $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.
- 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 10/14/2022

Retail sales - 8:30 AM ET
Retail sales ex-motor vehicles - 8:30 AM ET
Import price index - 8:30 AM ET
UMich consumer sentiment index (early) - 10:00 AM ET
UMich 5-year inflation expectations (early) - 10:00 AM ET
Business inventories - 10:00 AM ET
Kansas City Fed President Esther George speaks on the outlook - 10:00 AM ET
Fed Gov. Lisa Cook speaks on the outlook - 10:00 AM ET

Notable Earnings for 10/14/2022

Pre-Market Earnings:

Citi (C)
First Republic Bank (FRC)
JPMorgan Chase (JPM)
Morgan Stanley (MS)
PNC Financial Services (PNC)
US Bancorp (USB)
UnitedHealth Group (UNH)
Wells Fargo (WFC)

Wrap up

Overall, be smart today with your positions, capitalize on the opportunities that present themselves, and have a great time today. There will be many great plays that happen today as a result of yesterday so take advantage of the markets when they are on easy mode.

Good luck trading today everyone and have a great weekend!!!

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HaiKhuu Daily Report 10/14/2022