HaiKhuu Daily Report 11/15/2022

Daily Report
Written By Allen Tran

Good morning and happy Tuesday traders! Hope you all are feeling well and are excited to see what today has in store for us! We rejected the $400 resistance on $SPY yesterday but it looks like there is a solid chance we test that level again this morning with a lot of organizations actively moving up into open. Be smart today and let’s make some bank!

Thoughts & Comments from 11/14/2022

Yesterday was a turbulent day for the markets. I am sure you all saw the active momentum within the day change multiple times. With the markets looking optimistic going into open, we were excited to watch as $SPY opened up at $396.70. We watched as the markets moved up from open, came down ever so slightly, and moved up before the inflation expectation numbers. Once those numbers came out, we watched as the markets sell off to test the low of day at $396.50.

After bouncing from the bottom, we watched as $SPY was being bought up and slowly grinded up for like two hours. $SPY gained roughly 0.9% from that relative bottom to the peak, where we actively tested, and broke above $400 for a brief moment.

Once we tested $400 consistently, we were not able to sustain that movement up which in turn caused the markets to sell off considerably. We went from slightly above $400, to making a low of day right before close at $394.83, and officially closing the day at $395.12. We dropped over 1% going into close which was a significant tumble. $SPY moved down -3.39 (0.85%) with an intraday movement of -0.39%. Disgusting way to end the day, but C’est la vie.

The overall movement within the day was substantial with the markets being extremely turbulent, but there were many great opportunities to trade and realize a significant amount of gains. Hopefully you all were able to capitalize on the momentum and realize some gains in the process.

$SPY ONE MINUTE INTRADAY CHART 11/14

Thoughts & Comments for Today 11/15/2022

Today is going to be a fun day for the markets with a significant amount of opportunity. Going into open, markets are trending up and are looking strong. I will continue to warn you though, that despite the markets are looking strong, I’ll say the same thing as yesterday. With $SPY testing the $400 range, expect to see some significant movement and volatility in this range. Ideally, we are able to actively break above that resistance level and continue to move up throughout the whole day, but please be on the look out for a rejection of $400.

Realistically, I believe there is a good chance for us to break above $400 on $SPY and continue to move up, but as always I have to advise relative caution when it comes to this. Don’t expect today to be a flat day, we will remain neutral around $400 until we ultimately reject or push through that level, but the overall day will not be flat. There will be a significant amount of chop, volatility and relative strength. I would be more comfortable going long here than going short, unless we ultimately do reject that $400 level, where I will cut my day trades and watch as the markets come down.

From a technical analysis standpoint, this could be a great opportunity to go short with a stop above the major resistance point, but in my opinion it is a risky play to make in the relative short term. I personally will not be attempting to short the top, and will be looking for opportunities to continue to go long in the meantime.

Continue to hold your strong equity positions and look to continue to grab leaps on organizations you are bullish on over the next 2-3-5 years.

Remain excited though, because once we break $400, that will bring a significant amount of confidence and buying, which will ultimately cause us to rally for the rest of the year.

Trade quickly today, realize gains when given an opportunity to do so and pocket as much free equity as you can.

Retain your long exposure and let’s watch as the markets continue to move up accordingly.

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 markets and the algorithms. The markets unfortunately beat the algorithms and all of the systems we have in place… but thankfully did not beat me. I was able to exit the pilot for roughly a 0.6% gain. So tough day for the markets, tough day for our algorithms but amazing day the pilot beating the markets by roughly 1%.

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: -0.39%

Our Results:

  • Market Neutral: -0.49%

  • Variable Market Neutral: -0.55%

  • Base Algorithm: -0.64%

  • Variable Sector Neutral: -0.66%

  • Sector Neutral: -0.74%

  • Long Term Portfolio: -0.77%

Today, we will be allocating directly into the LTP. I will most likely be cutting this allocation early given an opportunity to cut for profit. Ideally if we break above $400 and continue to push throughout the day, I’ll hold until close, but given we slow down or have the markets come down I will exit from all allocations.

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.

Generated entries for 11/15/2022

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 , $META , $RBLX , $AMD , $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 11/15/2022

  • Producer price index, final demand - 8:30 AM ET

  • Empire state manufacturing index - 8:30 AM ET

  • Real household debt (SAAR) - 11 AM ET

  • Real mortgage debt (SAAR) - 11 AM ET

Notable Earnings for 11/15/2022

Pre-Market Earnings:

  • Walmart (WMT)

  • Home Depot (HD)

  • Sea Limited (SE)

  • Aramark (ARMK)

  • Tencent Music (TME)

  • Berry Global Group (BERY)

  • Valvoline (VVV)

  • Endava (DAVA)

  • Energizer (ENR)

  • Krispy Kreme (DNUT)

After-Market Earnings:

  • Advance Auto Parts (AAP)

  • ReNew Energy (RNW)

  • Alvotech (ALVO)

  • Ferroglobe (GSM)

  • Navigator Holdings (NVGS)

  • Varex Imaging (VREX)

Wrap up

Overall, please be smart and safe when it comes to trading today. Make sure to practice safe risk management and actively limit the amount of downside risk exposure you have. Realize some gains when given an opportunity to do so and make the most out of the trading day today!

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

Allen Tran
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Algorithm Performance: 11/15/2022
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