HaiKhuu Daily Report 10/26/2022

Good morning and happy Wednesday! Hope you all are well-rested and ready for the day! Markets are currently down and looking tough at the time of writing this report. Things could be significantly better and, at the same time, could be significantly worst. We had lots of major earnings coming yesterday from organizations like $CMG, $V $GOOG/L, and $MSFT. $GOOG/L and $MSFT had a tough time with earnings yesterday, please be careful if you are attempting to trade either $GOOGL or $MSFT at the moment.

Thoughts & Comments from 10/25/2022

Yesterday was a wonderful day for the markets, with a phenomenal reversal and significant movement over the course of the day. $SPY was not looking good in the pre-market session, but started to move up and have bullish momentum as the markets quickly picked up with economic news at 9 am EST. $SPY opened the day at $378.72, right under the previous close, and moved up instantly after opening. $SPY, within the span of a couple of minutes, quickly tested $380 before breaking out and continuing to run.

There was a significant amount of bullish momentum in the markets, causing a beautiful and sustainable movement throughout the day.

$SPY pushed throughout the whole day selling off slightly during the lunch time session but quickly moved back up as buying volume picked up. Going into power hour, $SPY was continuing to push new relative highs, before ultimately making its final high of day half way through power hour at $385.25.

We ended the day with $SPY trading at $384.92 up +6.08 (1.60%) with an intraday movement of +1.62%.

Absolutely beautiful day for the markets, and the market close was even better than expected. Lots of great opportunities to actively trade and realize a significant amount of gains in the process.

unfortunately, this is not the end of the story.

$GOOG/L and $MSFT had earnings yesterday that a significant amount of traders were bullish for and excited to watch. Going into close, both organizations were looking extremely strong and bullish. The only issue is that both fell off significantly yesterday. Both dropped approximately 6% each. which caused the market to come down with them and set a bearish undertone for the markets.

Hopefully things get better and we recover from here, but it will be another battle to reclaim the short-term losses.

$SPY ONE MINUTE INTRADAY CHART 10/25

Thoughts & Comments for Today 10/26/2022

Today is looking very interesting at the moment. There is a significant amount of bearish momentum going into open today as a result of the Google and Microsoft earnings of yesterday. I will be advising everyone to be careful while actively trading, minimizing general risks as well as actively making sure you are practicing safe risk management.

There is an opportunity for a reversal to the upside and some significant bullish momentum, but realistically, I would not actively bet on it.

Please be on the lookout for the $SPY $380 support level. In the case that the markets do not move in our favor, that support level is what is actively holding us up. In the case that we do see a breakdown, be careful trading in the case $SPY breaks $380, as that will cause a significant loss of confidence in the market.

Be smart, and please be careful if you are looking to trade any earnings over the next couple of days.

There will be lots of opportunities to actively scalp while trading today, but please just be extremely careful because despite there being opportunities to trade, it does not mean there will be easy to find. Today will be a difficult day to trade on the markets, so just be smart and make the most out of the opportunities that present themselves.

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 amazing day for the algorithms, and thankfully the systems worked out just as expected. We did have some systems underperform their comparables, but C’est la vie, a profitable day is always a win. The markets beat us by a small margin, but it is not something we need to stress about actively. Systems are working well, and we are looking to make significantly more improvements here in the near future!

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: +1.62%

Our Results:

• Long Term Portfolio: +1.19%

• Base Algorithm: +1.13%

• Market Neutral: +0.14%

• Experimental Sector Neutral: +0.08%

• Sector Neutral: -0.08%

• Experimental Market Neutral: -0.31%

Today, as I am writing this report early, it is unclear which allocation style we are actively going to take today. I want to urge caution while trading today. Unless the markets are overly bullish by the time I allocate, I am expecting us to be utilizing FGI, our sector-neutral strategy.

I will most likely hold this position throughout the whole day unless there is an opportunity to cut the position for a significant profit.

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 10/26/2022

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 , $GOOG/L , $MSFT , $BABA , $TSLA , $AMD , $NVDA , $BA , $RBLX
Free Equity List:

• Safe - $SPY

• Risky - $AI , $QS , $RBLX

Swing Opportunities:

• HOLD the 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 10/26/2022

• Trade in goods (advance report) - 8:30 AM ET

• New home sales (SAAR) - 10 AM ET

Notable Earnings for 10/26/2022

Pre-Market Earnings:

• Boeing (BA)

• Thermo Fisher Scientific (TMO)

• Automatic Data Processing (ADP)

• Waste Management (WM)

• General Dynamics (GD)

• Bristol-Myers Squibb (BMY)

• Boston Scientific (BSX)

• The Kraft Heinz Company (KHC)

• Hilton Worldwide Holdings (HLT)

• Hess Corp (HES)

After-Market Earnings:

• Meta Platforms (META)

• ServiceNow (NOW)

• Canadian Pacific Railway (CP)

• O'Reilly (ORLY)

• KLA Corp (KLAC)

• Digital Realty Trust (DLR)

• Molina Healthcare (MOH)

• Invitation Homes (INVH)

• United Rentals (URI)

• Align Technology (ALGN)

Wrap up

Overall, please be smart while trading today. There is an extreme amount of bearish momentum going into open today as a result of Google and Microsoft earnings. Please do not get chopped out and make sure to actively limit the amount of downside risk potential you are taking at the moment. Minimize risk and realize gains when you have an opportunity to do so

Good luck trading today everyone and hopefully the markets recover nicely today!

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