HaiKhuu Daily Trading Report

Good morning and happy Veterans Day! Thank you to everyone who is a veteran and to anyone related to any active or retired military. Because of you all risking your lives for this country, we get to sit back, kick our feet up and gamble on the stock market. Thank you for your sacrifice for this country, and may you specifically have an amazing day!

Hope you all are feeling amazing after yesterday and are ready for what today has in store for yall! I just want to warn you now markets are going to be extremely slow due to the bond markets being closed, so expect low volume, liquidity, and momentum.

The markets will be interesting as we are at a major point in the market and need volume to prop us up. Be on the lookout for $SPY 400, there is a good chance we hit that today, but in the case, we don’t hit it, expect some selling momentum that is in a slow bleed fashion, just like the grind-up we had yesterday!

Thoughts & Comments from 11/10/2022

Yesterday was a beautiful day for the markets. It was the third-largest daily point gain we’ve had in the history of the market and was just 2 points away from being the second. Absolutely amazing day for the markets that I am assuming the majority did not expect!

$SPY was trading right above $375 and was looking strong going into CPI, and that was the beginning of the end of the story for the bears.

Markets went on to rally and absolutely tear those bears to shreds. $SPY quickly popped up to $386 and slowly grind up until the markets opened.

We opened the day with $SPY trading at $388.10, and the markets took off like a turtle with some bottle rockets strapped to its back. The markets slowly ground up the whole day. The movement seemed slow, but in all reality, it was an insane movement that happened extremely quickly. We just felt like the movement was slow after seeing the results of CPI taking off.

$SPY was actively testing that $390 level all morning, but once we officially broke above that level, it genuinely was game over.

Towards the end of the day, as $SPY broke above $390, we continued to grind up into market close. $SPY ended the day trading at $394.69, up $20.56, or 5.50% from the previous close, with an intraday movement of +1.71%.

The intraday movement was not as insane as the pre-market movement, but it was genuinely one of the best days we’ve had in the markets in a long time.

Hopefully, you had a significant amount of both realized and unrealized gains yesterday. If you were a bull, you should have had an easy time doing that… If you were a bear… Sorry.

Thoughts & Comments for Today 11/11/2022

Today with the bond markets being closed, I will advise warning against over trading today. Markets are going to be irrational, so I personally expect we have significantly lower volatility, volume, and momentum today. The markets are green at the moment of writing this report, coming down from the high of $398.19 on $SPY. There is a good chance that we have the potential to slow grind throughout the whole day, but today will be driven heavily by general momentum in the markets as well as if people are actively FOMOing in as a result of yesterday.

Please be careful with over-trading today. Today will be slow, and lots of people will get chopped out of their positions for a loss. If you FOMO back into plays, that will lead the markets to ruin your day.

Don’t let your emotions get the most out of you in case your positions are not working out in your favor, and do everything that you can in the realistic short term to realize as many gains as possible today.

I will be looking at opportunities to sell some highly OTM naked covered calls today on organizations that are overpriced, as well as, if the opportunity is present, to also sell some OTM CSPs.

Continue to ride your strong equity positions and if you are looking at some significant profits you are happy with, consider taking some off the table here as well as taking free equity on positions you are letting ride out!

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 CPI data coming out, our algorithms, unfortunately, did not perform up to expectations. C’est la vie, we will not cry over spilled milk and will move from this without any worries. Sucks that it happened but welcome to the markets. One day of underperformance does not impact things on a larger scale.

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: +1.71%

Our Results:

Long-Term Portfolio: +0.64%
Variable Sector Neutral: +0.24%
Base Algorithm: -0.08%
Sector Neutral: -0.33%
Variable Market Neutral: -0.74%
Market Neutral: -1.26%

Today, due to the uncertainty in the markets and technical analysis not performing to the standards we would like, we will be utilizing our Long-Term portfolio for allocations with the anticipation of cutting them relatively early in the case that the markets slow down or are not looking favorable.

Please be on the look out for when we ultimately cut all of our allocations 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.

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 , $META , $RBLX , $AMD , $DKNG, $BA , $BABA, $MSFT , $AAPL
Free Equity List:

Safe - $SPY
Risky - $META , $AMZN , $RBLX , $BABA

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 11/11/2022

Philadelphia Fed President Patrick Harker speaks on the economic outlook - 9 AM ET
Dallas Fed President Laurie Logan speaks on energy and the economy - 9:35 AM ET
UMich consumer sentiment (early) - 10 AM ET
UMich consumer 5-year inflation expectations (early) - 10 AM ET
Cleveland Fed President Loretta Mester speaks - 12:30 PM ET
Kansas City Fed President Esther George speaks on energy and the economy - 1:30 AM ET
New York Fed President John Williams speaks - 6:35 PM ET

Notable Earnings for 11/11/2022

Pre-Market Earnings:

Addex Therapeutics (ADXN)
Barings BDC (BBDC)
Chemomab (CMMB)
Crown Electrokinetics (CRKN)
Huize Holding (HUIZ)
Innovid (CTV)
Orla Mining (ORLA)
PLx Pharma (PLXP)
Polestar (PSNY)
Real Good Food (RGF)

Wrap up

Overall, please be smart and safe while trading today and have fun in the process. There will be a lot of opportunities to trade today, so take advantage of the opportunities and the momentum. Seize the opportunities that are available, and let’s have a great time!

Good luck trading today! Thank you again to our veterans, and have an amazing weekend!

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HaiKhuu Daily Report 11/11/2022