HaiKhuu Daily Report 1/05/2023
Good morning and happy Thursday! My trader almanac states that today will be an extremely bullish day for the markets. Obviously, take this with a grain of salt because this is just a $40 book I bought off amazon, but I am personally feeling strong and confident in the markets today.
Take advantage of any opportunity that is presented to you today, actively day trade, and realize some significant gains!
Quick shout-out, we had a member in the discord wake up to an insane +$30,000 daily gain on $NVCR after holding it for a while. Great job on that play Chad and keep up the great work!
Thoughts & Comments from 1/04/2023
Yesterday was an insanely choppy day for the markets. There was a significant amount of volatility and a lot of momentum throughout the day.
With FOMC minutes coming out, people were interested to see what would happen, as well as watched as the markets reflected our general sentiment. We started the day with $SPY opening at $383.22 and chopping around with some general bullish momentum until 10 am EST when we got economic news. As a result of the economic news, we watched as the markets dropped off significantly, going from making an intraday high above $384 to testing the $380 support level. The official low of the day was $SPY $380.00.
Thankfully we bounced on support and continued to move up throughout the entire day. We watched as SPY broke out and went on many runs leading into FOMC minutes, where $SPY made an official high of day trading at $385.88. The markets came down into the initial release of FOMC release, and we continued to stumble afterward to test $381.50 twice before market close.
It was an extremely choppy day for the markets that did provide us with many opportunities to realize a significant amount of gains, playing both to the bullish and the bearish side. $SPY ended the day trading at $383.76, up $2.94 (0.77%) with an intraday bullish movement of +0.15%.
Great day to take some free equity trades and ride the momentum in the markets!
$SPY ONE MINUTE INTRADAY CHART 1/04
Thoughts & Comments for Today 1/05/2023
Today is going to be a momentum-based day for the markets. Take advantage of the opportunities to trade, but be smart and passive with your allocations to ensure you are practicing risk management. Trade only when given a confirmation of a reversal, and do not attempt to catch any falling knives today.
Look to pick up some solid allocations and look to find a couple of swings.
Watch out and be careful when attempting to trade high-beta stocks at the moment that you believe are undervalued due to the relatively high price that it was at one point. I would recommend you look into allocating to low-risk, high-reward futuristic plays that provide security and assurance that the organization will do well. This is not a recommendation to get into tech nor pharma but more of a recommendation to get into consumer staples and other organizations that are related to them.
A main focus I personally want to make in the relative short term is to time out some quality plays on $MCD specifically and take all forms of profit in terms of free equity. I saw a couple of videos yesterday on the improved systems that McDonald’s is creating in terms of fully automated futuristic drive-thru restaurants, and I want to get more equity in the organization.
This will be a significantly slower opportunity and will not be the sexiest of plays, but getting a solid chunk of free equity in McDonald’s will be a relatively easier task and provide a phenomenal investment over the course of a lifetime.
I recommend everyone also to free equity trade McDonald’s in the short term and capitalize on the futuristic opportunities in your free equity account.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday every single algorithm was able to outperform the market. The only system that underperformed was our LTP, but despite this happening, our algorithm utilized the algorithm and was able to create a perfect day with everything beating the market. Easy win for the team and an easy win for anyone who is following those plays!
The results of yesterday are as follows:
Baseline:
$SPY: +0.15%
Our Results:
Base Algorithm: +0.48%
Variable Market Neutral: +0.31%
Variable Sector Neutral: +0.29%
Market Neutral: +0.19%
Sector Neutral: +0.18%
Long-Term Portfolio: +0.06%
With a significant amount of news coming out pre-market, we are currently unsure as a team which allocation style we are picking for the day. Depending on the movement of the market on economic news will be the determining factor on how we allocate for the day. In the case the markets moves up and shows strong bullish momentum, we will allocate into the base algorithm.
In the case there is any hesitation on a general bullish allocation, we will be allocated into the market-neutral strategy and anticipate holding that position for general exposure throughout the day.
Regardless of whichever allocation style we are making today, please be on the lookout for if we exit our positions early for the morning.
All positions will be disclosed prior to markets opening.
DISCLAIMER - This is not financial advice. 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. This is not a signal to buy or sell any equities, and we do not guarantee success. Take these at your own risk.
Generated entries for 1/05/2023
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 , $META , $BA , $MSFT , $AAPL , $GOOGL , $AMZN, $GAIN
Free Equity List:
Safe - $SPY , $MCD
Risky - $TSLA , $RBLX , $AMZN , $GOOGL
Position Opportunities:
Look to allocate into strong equities
Pick up some leaps in organizations you are bullish on over the span of a couple of years ($GOOG/L, $AMZN, $META)
Pick up broad market ETFs slowly ($SPY / $QQQ)
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Long-Term Speculative Play - $META
Short-Term Risky Play - $TSLA
Short-Term Speculative Play - $RBLX
Economic News for 1/05/2023
ADP employment report - 8:15 AM ET
Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Trade deficit - 8:30 AM ET
S&P U.S. services PMI (final) - 9:45 AM ET
Notable Earnings for 1/05/2023
Pre-Market Earnings:
Constellation Brands (STZ)
Wallgreens (WBA)
ConAgra Brands (CAG)
Lamb Weston (LW)
RPM International (RPM)
MSC Industrial Direct (MSM)
The Simply Good Foods (SMPL)
Neogen Corp (NEOG)
Helen of Troy (HELE)
AngioDynamics (ANGO)
After-Market Earnings:
Duck Creek Technologies (DCT)
Franklin Covey Company (FC)
Aehr Test Systems (AEHR)
Wrap up
Overall, please be smart and follow the momentum in the markets today. Do not attempt to catch a falling knife, and do not FOMO in at the top.
Good luck trading today, and please be careful trading today!
Let’s make some bank!