HaiKhuu Daily Report 10/19/2022

Good morning and happy Wednesday! HUMPDAY. Hope you all slept well and are feeling great. It looks like $SPY woke up on the wrong side of the bed as it has absolutely fallen from the relative highs of after-hours yesterday.

Markets are only down ever-so-slightly at the moment, but this is not a good sign as we have broken under the major $370 support level. Hopefully, we are able to reclaim that during the trading day, but I am nervous about the case that we are not able to break above $370 again and ultimately reject it again.

Make sure you are strapped in because this is going to be one wild ride today.

Thoughts & Comments from 10/18/2022

Yesterday was an interesting and tough day for the markets. Markets were looking beautifully green at open with the markets up significantly going into open. At open, we instantaneously made a new high of the day which was followed up by continual selling. $SPY opened the day at $375.07, made a high at $375.44, and sold off until we hit $367.52.

Absolutely terrible way to start the day. Despite this almost 2% sell-off, the markets were still beautifully green.

$SPY went on from making continuous lows of the day to moving back up accordingly reaching VWAP. It was still down slightly from open but managed to recover slightly. Going into power hour, we saw another sell-off with $SPY breaking back under $370 and losing a lot of confidence quickly. This was a result of $AAPL news bringing the whole market down.

We recovered slightly into close, with $SPY closing above $370 which was a confidence level. $SPY closed the day at $371.13 up +$4.31 (1.17%) but with an intraday movement of -1.07%

$NFLX had earnings after hours though which did cause tech and $SPY to move up significantly. $NFLX made a high of $278.94 and absolutely decimated the shorts. $NFLX at the time of writing this report is trading at $267.79 +26.93 (11.18%).

Great day for the overall markets, a terrible day for intraday movement. Hopefully, you all were able to realize a significant amount of gains in the relative short term and be able to actively capitalize on the opportunities that presented themselves!

$SPY ONE MINUTE INTRADAY CHART 10/18

Thoughts & Comments for Today 10/19/2022

Today should be a very interesting day for the markets. With everything looking slightly bearish at the moment, I would personally expect a significant increase in volatility and chop in the markets. Please be safe and careful while actively trading.

Capitalize on the opportunities that present themselves but make sure to limit the amount of risk you have on the table. This obviously is intraday speculation, I am still confident in actively purchasing long equities and holding positions accordingly. If given an opportunity, I would like to purchase significantly more leaps and actively invest more in general tech.

We need $SPY to break back above $370 to have an increase in confidence in the markets. I do not believe this is a difficult task, but holding and sustaining that movement will be tough. Once we break above $370 again, there will be more confidence in the markets causing more buying, but until then please be on the lookout.

If you are looking to invest at the moment, look to purchase specific organizations that you personally feel will outperform the markets versus purchasing general indices like $SPY & $QQQ

A couple of organizations I personally am interested in acquiring more equity in are $META and $QS.

If you are able to free equity trade any of those organizations, you will be in a good place to actively and continuously build a large equity portfolio passively on the back burner. Load up on $QS free equity while it is cheap and look to hold for a lifetime.

I get my TD account back tomorrow, so I will be looking to make a significant amount of scalps and free equity trades in the short term once that account is back.

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 beautiful day for the pilot. We took a bullish strategy and were able to generate a significant profit compared to the markets through careful navigation and coordinated exits. The neutral strategies worked perfectly as they hedged against the markets and generated profits despite the markets actively coming down.

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: -1.07%

Our Results:

• Experimental Market Neutral: +0.69%

• Market Neutral: +0.63%

• Experimental Sector Neutral: +0.16%

• Base Algorithm: +0.09%

• Sector Neutral: -0.25%

• Long-Term Portfolio: -0.26%

Today, we will be utilizing FGI, our experimental sector-neutral portfolio. This is due to relative safety in the markets in these current conditions. We are attempting to actively limit exposure in the account while still having general exposure in an attempt to increase profitability. Our hope is by doing this, we are able to minimize risk while the markets are turbulent.

Please be on the lookout for when I ultimately end up taking positions off the table as there is a good chance I exit my positions early for the day.

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 10/19/2022

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 - $QS , $AI , $RBLX

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 10/19/2022

• Building permits (SAAR) - 8:30 AM ET

• Housing starts (SAAR) - 8:30 AM ET

• Beige Book - 2 PM ET

Notable Earnings for 10/19/2022

Pre-Market Earnings:

• Abbott (ABT)

• Ally Financial (ALLY)

• Procter & Gamble (PG)

• Nasdaq (NDAQ)

• ASML Holding (ASML)

• The Travelers Co (TRV)

• Elevance Health (ELV)

• Prologis (PLD)

• Citizens Financial Group (CFG)

• Baker Hughes (BKR)

After-Market Earnings:

• Tesla (TSLA)

• International Business Machines (IBM)

• Crown Castle Inc (CCI)

• Lam Research Corp (LRCX)

• Kinder Morgan (KMI)

• PPG Industries (PPG)

• Equifax Inc (EFX)

• Steel Dynamics (STLD)

• Alcoa Corp (AA)

• First Industrial Realty Trust (FR)

Wrap up

Overall, this is going to be a tough day for the markets, please be smart and safe with your allocations and make sure to capitalize on the opportunities that present themselves. Be smart and manage your portfolio accordingly. Take profits when available and don’t be greedy. Continue to hold your long-term allocations and have fun!

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

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