HaiKhuu Daily Trading Report

Good morning and happy Friday traders! Hope you all are excited about the weekend! It’s been one long week for the markets, so get ready to kick your feet up, sit back, and relax. Markets are down ever so slightly at the time of me writing this report, but hopefully by open things look better for the markets.

Get ready because this is going to be an intense Friday!

Thoughts & Comments from 10/20/2022

Yesterday was a tough time for the markets. Things were looking amazing into unemployment numbers, markets moved up, and then Liz Truss, the UK prime minister stepped down officially after just 44 days in office. It is funny but unfortunate that that happened at the same time. The markets sold off instantly on that news until open.

$SPY opened the day at 368.07, sold off ever so slightly to make a new relative low right at $367, and followed that dip up by absolutely ripping. $SPY went on to make a high of day at $372.67 and it was a beautiful run up, followed by a great opportunity to short on the way down.

After the markets made a high of the day, things started to sell off, and when the selling started, just like in the cartoons when you roll a snowball down a hill, it only got exponentially worst. We went from $372.67, to testing $370, to breaking $370 and coming straight down. The selling was rapid and caused a significant downturn in the markets. We went from making a high of day to dropping roughly 2% to the new low of day. $SPY made an official low of day going in power hour at $364.61, and we moved up ever so slightly into close. $SPY ended the day trading at $365.41 down −3.09 (0.84%) with an intraday movement of -0.71%.

$SNAP after-hours caused a sharp drop in other major tech organizations which is unfortunate, but C’est la vie. $TWTR pre-market low was $43.91, $META bottomed out at $124.67 and $GOOGL bottomed out at $96.98

Tough day for the markets but lots of opportunities to actively trade, scalp and realize some significant gains. It was my first day back free equity trading and I was able to snag 13 shares of organizations like $META, $AAPL and $QS yesterday with relative ease. Days like yesterday were rough, but give you lots of opportunities to scalp in both directions.

Thoughts & Comments for Today 10/21/2022

Today is looking less optimistic. With the markets currently down from close yesterday, there is a slight bearish momentum going into the pre-market session today. If you are attempting to trade today, please be extremely careful while getting your intraday allocations. With the markets looking weak, this is not the time to increase risk.

Please be safe, but capitalize on the opportunities that present themselves today. Watch for a possible run in power hour to end the week strong, but again please be extremely careful with the positions you take today.

After reviewing the markets for a little, I can say with confidence that the large majority of traders that will be actively trading today will have a tough time. Be smart with your positions and only purchase positions you are confident in holding. Stay away from day trading today unless you are extremely confident with an opportunity that comes up in the markets.

Continue to look for fundamentally solid undervalued organizations that you personally have confidence in actively purchasing, holding, and investing in for the long run.

Because it is Friday and I do not recommend day trading as much today, look to sell some highly OTM 0DTE options on organizations that will net you a significant amount of premium today. The one play I personally will be allocating a significant amount to today will be $SNAP right at open as they dropped heavily during their earnings and CSPs will have a stupid amount of premium at open. Depending on how much premium is available I will be looking to sell $5-$7.5 strikes that expire today.

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 algorithms with us actively testing out new systems, but thankfully due to correct management of the portfolio, we were able to come out relatively unscathed. Losses were minimized across the whole portfolio to under $10 lost, which is an absolute win. The losses we incurred are not even enough to pay for a steak burrito at chipotle with guac. Tough day for the markets, but active win for us!

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: -0.71%

Our Results:

Sector Neutral: -0.31%
Experimental Sector Neutral: -0.67%
Market Neutral: -0.78%
Experimental Market Neutral: -1.18%
Long-Term Portfolio: -1.22%
Base Algorithm: -1.68%

Today, for relative safety, we are allocating again into our experimental sector-neutral portfolio. We are utilizing this to actively minimize risks and general exposure. We want to be extremely bullish at the moment, but the market conditions are not providing that sentiment unfortunately so we have to go for the safe move until the conditions are more favorable.

Please be on the look out for when I exit all allocations for the day, I will most likely cut at ideally 0.2-0.5% intraday returns on the pilot.

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 , $GOOGL , $AAPL , $RBLX , $BA, $GAIN
Free Equity List:

Safe - $SPY , $AAPL , $MSFT , $GOOGL
Risky - $AI , $QS , $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 10/21/2022

Index of common inflation expectations, 5-10 years - 12 noon
Index of common inflation expectations, 10 year - 12 noon

Notable Earnings for 10/21/2022

Pre-Market Earnings:

American Express (AXP)
Verizon (VZ)
Schlumberger (SLB)
HCA Healthcare (HCA)
Regions Financial (RF)
Autoliv Inc (ALV)
Huntington Bancshares (HBAN)
Interpublic Group (IPG)
Simply Good Foods (SMPL)
Sensient Technologies (SXT)

Wrap up

Overall, please be smart and safe while trading today, watch out in the case we break below $360 on $SPY and realize gains when given an opportunity to do so. Look into selling some 0dte contracts on $SNAP and collecting a bunch of premium on those plays today.

Good luck trading today everyone, have a great weekend, and let’s make some BANK!

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HaiKhuu Daily Report 10/21/2022