HaiKhuu Daily Report 11/16/2022

Daily Report
Written By Allen Tran

Good morning and Happy Wednesday! Hope you all are doing well after the insane day we had yesterday. Kind of crazy how fake news can impact momentum. Hopefully, you all are doing alright and were able to realize some gains within the process. Solid chance we come up and test $400 again today, as we did during the pre-market session, but unfortunately, I have to warn you all to be cautious at these levels. Good luck today, and please be smart.

Thoughts & Comments from 11/15/2022

Yesterday was an interesting day with a significant amount of momentum and opportunity. With the markets moving up and making a high of the day at $403.54, we were looking extremely strong going into open after good PPI numbers, but unfortunately, in typical market fashion, we had a turnaround Tuesday that resulted in significant losses to be generated. $SPY opened the day trading at $401.09, chopped around $400 all morning, breaking below a couple of times until we got some external news we were not expecting.

We got “news” that there was a Russian bombing in Poland, which was significant and caused the markets to drop severely. As a result, we made an official low of the day on $SPY at $394.49, meaning $SPY dropped over 1.5% from open to the bottom.

Once news broke out that it possibly wasn’t an attack from Russia, the markets recovered ever so slightly into close, moving up significantly from the bottom. Overall though, it was a tough day for the markets, with a significant amount of losses being incurred in real-time.

Hopefully, you all were able to come out of yesterday doing alright. Markets did close green, which was a win, but unfortunate that we were not able to sustain above $400 on $SPY. $SPY’s intraday movement was -0.66%, officially closing the day at $398.49.

Let’s hope that today is a significantly better day for the markets and that we all are able to realize some gains actively trading today!

$SPY ONE MINUTE INTRADAY CHART 11/15

Thoughts & Comments for Today 11/16/2022

Today will be an interesting day for the markets, with many opportunities to realize gains. $SPY is actively testing that $400 resistance line again, and as this is the third test of $400, we will either need to break out soon or else we ultimately will start to sell off. I personally want to be bullish here and be confident that the markets will be able to break past this resistance level and continue to move up accordingly, but in the case, we do not, please be careful and make sure to limit your downside risk.

I personally recommend you all open, active hedges against your allocations just for safety. Do not go full hedge as there is a strong possibility that we are able to break through $400 on $SPY and continue moving up, but this is just a safety precaution for in the case the markets reject and come back down to the 380/390 support levels

Continue to hold your long positions but be careful being over-allocated. If you are looking to invest or swing at the moment, look for highly undervalued organizations that have solid potential to move up accordingly. Organizations you can look into are $AMD, $META, $AAPL, and $MSFT.

Be quick with your trades today, and make sure to realize gains when given an opportunity to do so.

But ultimately, just watch out for $SPY at $400. That will be the major point the majority of the markets will be actively watching today. In the case we reject, please be careful, but in the case, we break through with confidence, let your allocations continue to ride, and have a fun time in the process. Kick your feet up and watch as this market continues to print for everyone involved.


If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.

HaiKhuu Proprietary Algorithm Report:

Yesterday was, unfortunately, a tough day for the markets and the algorithm. We were unfortunately not able to dodge that “missile attack” and, as a result, incurred a small loss trading yesterday on the pilot. I am not worried about the algorithms, as that was a one-off event that did cause panic in the markets. Rough time for the markets, but thankfully all allocations were in line and did not impact us too heavily. We will move on from yesterday and practice safe risk management for today.

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: -0.66%

Our Results:

  • Sector Neutral: +0.1%

  • Market Neutral: -0.16%

  • Variable Sector Neutral: -0.34%

  • Variable Market Neutral: -0.39%

  • Long-Term Portfolio: -0.62%

  • Base Algorithm: -0.68%

Today, due to the active momentum in the markets, I will be looking to allocate directly to FGI, our sector-neutral portfolio. In the case that we break above $400 and continue to move up accordingly, this strategy will not be able to incur significant profits, but in the case, the markets ultimately reject or don’t even test $400, this strategy will provide relative safety in the portfolio assuring that we are limiting downside risk.

If given an opportunity to realize a significant amount of gains intraday with this strategy, I will be looking to cut all allocations, but in the case, we are not able to cut early, I anticipate holding these positions until the end of the day.

Please be on the lookout 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 11/16/2022

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 , $BABA , $AMD , $TGT , $AAPL , $META , $MSFT , $TSLA
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 11/16/2022

  • Retail sales - 8:30 AM ET

  • Retail sales excluding vehicles - 8:30 AM ET

  • Import price index - 8:30 AM ET

  • Industrial production - 9:15 AM ET

  • Capacity utilization rate - 9:15 AM ET

  • Business inventories (revision) - 10 AM ET

  • NAHB home builders' index - 10 AM ET

Notable Earnings for 11/16/2022

Pre-Market Earnings:

  • Lowe's (LOW)

  • TJX Companies (TJX)

  • Target (TGT)

  • Grab Holdings (GRAB)

  • On Holding (ONON)

  • Spire (SR)

  • ZIM Integrated (ZIM)

  • Sportradar Group (SRAD)

  • RLX Technology (RLX)

  • Arcos Dorados (ARCO)

After-Market Earnings:

  • NVIDIA (NVDA)

  • Cisco Systems (CSCO)

  • Copart (CPRT)

  • Bath & Body Works (BBWI)

  • Global-E Online (GLBE)

  • Hillenbrand (HI)

  • Copa Holdings (CPA)

  • Bowlero (BOWL)

  • Sonos (SONO)

Wrap up

Overall, please just be smart and safe today. There will be an increased risk towards actively trading, so assure you are limiting general exposure to assure you are able to minimize risk. Practice safe risk management and watch out for $400 on $SPY.

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

Allen Tran
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Algorithm Performance: 11/16/2022
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