HaiKhuu Daily Report 11/10/2022

Good morning and happy Thursday! Hope you all are hyped to trade the aftermath of CPI as we have numbers coming out prior to markets opening that will heavily impact the direction of the markets. Let’s see what happens with economic data and hope that CPI is lower than anticipated by the majority. Markets are up ever so slightly at the time of writing this report, so let’s watch as whatever happens now is relatively irrelevant until we get our major economic news at 8:30 am EST!

Thoughts & Comments from 11/9/2022

Yesterday was an unfortunate day for the markets. Going into open, $SPY was actively testing and breaking the $380 and was not looking strong. We opened the day with $SPY trading at $379.96 and looking weak due to a lack of confidence. The markets quickly bounced up and tested $380 once before breaking it officially and making a high of the day at $381.14. Unfortunately, we were not able to hold $380 and tested it a total of three times in the morning before selling off significantly.

$SPY went on to sell for four straight hours resulting in a significant amount of incurred losses and people getting emotional when it comes to their trades. It was a tough time for people who had long positions, but at the same time, anyone who heeded my warning was able to dodge the majority of the losses yesterday and minimize the amount of downside risk exposure.

Thankfully the markets did not sell off more because there was enough fuel on the fire for the selling to continue. We made an official low of the day on $SPY at $373.61 right before close, and we closed the day at $374.13, down $7.87 or roughly 2.06%, with an intraday movement of -1.53%.

It was a terrible day for the markets but there at least were many opportunities to scalp quickly and many opportunities to go short. Hopefully, any losses incurred yesterday were relatively minimal, and you were able to capitalize on the bearish momentum.

Let’s see what's in store for today and pray that it was better than yesterday!

$SPY ONE MINUTE INTRADAY CHART 11/9

Thoughts & Comments for Today 11/10/2022

Today is going to be an extremely interesting day, with CPI being the main catalyst for any significant movement pre-market. We want CPI numbers to be lower than expected. Realistically I do not know where CPI is going this time, so it is genuinely going to be a toss-up of whichever direction we go, but all I know is regardless of the direction, the overall movement will be purely momentum based. So in the case we pump, watch out for $SPY $380 and hope that we continue to move up accordingly.

In the case we dump, watch out for $SPY breaking below $370. $SPY breaking below $370 today will be more significant than if $SPY breaks $380, so be on the lookout and pray that numbers are good, or else we will be in some trouble. $SPY under $370 will cause a significant amount of selling and fear in the markets.

This is not good watching TSLA continuously make new lows while writing this report, as this does impact the general momentum going into the trading day.

Be quick with your trades, though, and be extremely fluid. Anyone who is stubborn today will ultimately lose money. Do not overreact and attempt to allocate right away from CPI data. Wait until the initial momentum is over and look to play the aftermath. In the case we dump, wait until there is a point of confidence when selling has slowed down and has shown confirmed signs of a reversal to go long, and in the case we pump and you miss the initial pump, don’t FOMO in and go long. If you want to short, wait until the buying momentum stops, and volume slows down. Once we are overbought and show signs of breaking down, then you can short.

Anyone who is not fluid with their positions or lets their emotions impact them will have a tough time today.

Be smart, be safe. Hope for the best but prepare for the worst.

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 terrible day for the markets, unfortunately, and thankfully, we were able to mitigate the majority of the losses incurred by picking out the sector-neutral strategy. FGI outperformed the markets by minimizing general market losses by roughly 80%, and we were able to beat the market by 1.2%. Tough day for the markets where losses were incurred, but an absolute win for the system comparing it to the general markets.

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 follows:

Baseline:

• $SPY: -1.53%

Our Results:

• Market Neutral: -0.15%

• Sector Neutral: -0.32%

• Variable Market Neutral: -0.54%

• Variable Sector Neutral: -0.63%

• Base Algorithm: -1.01%

• Long Term Portfolio: -1.17%

Today, we will be waiting until CPI data comes out prior to deciding which allocation we would like. In the case the markets pump, we will be utilizing the base algorithm and cutting positions accordingly, in the case the markets dump, we will be taking the safe FGI route!

Watch out for an early cut of allocations in the case it is necessary

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 11/10/2022

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 , $AMZN , $BABA , $AAPL , $MSFT , $META , $GOOG/L , $GAIN
Free Equity List:

• Safe - $SPY

• Risky - $AMZN, $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.

LONG OPPORTUNITIES:

• Long-Term Dividend - $GAIN

• Long-Term Safe Play - $BA

• Long-Term Speculative Play - $META

• Short-Term Speculative Play - $RBLX

Economic News for 11/10/2022

• Fed Gov. Christopher Waller speaks on central bank digital currencies - 2 AM ET

• Consumer price index (monthly change) - 8:30 AM ET

• Core CPI (monthly change) - 8:30 AM ET

• CPI (12-month change) - 8:30 AM ET

• Core CPI (12-month change) - 8:30 AM ET

• CPI (3-month SAAR) - 8:30 AM ET

• Core CPI (3-month SAAR) - 8:30 AM ET

• Real average hourly earnings (3-month SAAR) - 8:30 AM ET

• Initial jobless claims - 8:30 AM ET

• Continuing jobless claims - 8:30 AM ET

• Federal budget (compared with a year ago) - 2 PM ET

Notable Earnings for 11/10/2022

Pre-Market Earnings:

• AcuityAds Holdings (ATY)

• YETI Holdings (YETI)

• WeWork (WE)

• Wix.com (WIX)

• US Foods Holding (USFD)

• TransDigm (TDG)

• Tapestry (TPR)

• Six Flags (SIX)

• Ralph Lauren (RL)

• Paysafe Group (PSFE)

After-Market Earnings:

• Toast (TOST)

• Flowers Foods (FLO)

• Endeavor Group (EDR)

• Stantec Inc (STN)

• Doximity (DOCS)

• Ryan Specialty Holdings (RYAN)

• Agiliti (AGTI)

• Archaea Energy (LFG)

• Poshmark (POSH)

• Expensify (EXFY)

Wrap up

Overall, please be smart and safe trading today. Pray that the markets do not collapse on us and make the most out of the opportunities that are presented.

Good luck trading today, and let’s make some bank!

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