HaiKhuu Daily Report 11/17/2022

Good morning and happy Thursday, you beautiful people! Hope you all are doing amazing and are prepared for today! Markets are not looking the best right now, with markets actively selling off through the pre-market session. Let's see what happens today, but make sure to continue to watch your positions, sell off some profitable plays and continue to hedge your account for relative safety!

Thoughts & Comments from 11/16/2022

Yesterday was a tough day for the markets, with a significant amount of chop that heavily impacted the performance of overall markets. There were many scalping opportunities, but anyone who timed their position incorrectly would have had a tough time.

$SPY opened the day trading at $396.83, moved up ever so slightly to make a high of the day at $397.75, and unfortunately sold off and chopped around all the way until close. Going into power hour, we officially made the low of day trading at $394.80 and moved up ever so slightly into close. The opportunities that were presented were difficult to time out and difficult to predict.

It was an unfortunate way to end the trading day, with $SPY officially closing at $395.45, down −3.12 (0.78%) with an intraday movement of -0.34%.

After hours we had $NVDA earnings which moved the organization up ever so slightly, making a high right above $165 but came down significantly after the initial hype and momentum calmed down. $NVDA at the time of writing this report is trading at $159.75, +0.65 above the close price yesterday. Tough day for anyone who played NVDA earnings, specifically with option contracts, as this is an IV crush type of play where both the bulls and bears got decimated by the option sellers.

Hopefully, you all were alright after yesterday. It was a tough day to generate any income but at the same time, were many opportunities to quickly scalp. At least we all are able to move on and trade for another day.

Let’s hope that today is better or at least gives us better opportunities to capitalize on.

$SPY ONE MINUTE INTRADAY CHART 11/16

Thoughts & Comments for Today 11/17/2022

Today is looking rough for the markets, with the markets actively coming down as I am writing this report, please be extremely careful in the current market conditions, and I hope that you all heeded my warning to hedge your portfolios yesterday. With the markets continuing to come down after rejecting $400, I personally believe that there are more opportunities for the downside in the relatively short term.

There will be opportunities to scalp and trade to the upside, but at the moment, I would be extremely cautious in the market and walk on eggshells if you are attempting to invest. If you are looking to invest, hold cash for a little until this bearish momentum slows down and we get to the mid $380s range on $SPY prior to going long.

If you are trading, capitalize on this bearish momentum and actively practice safe risk management because a lot of active traders who attempt to catch this bottom will ultimately get burnt today. Do not overtrade, do not try to catch a falling knife, and do not let your emotions get to you.

Please be extremely careful in these market conditions. I will continue to say this, people WILL get burnt today, and they will get burnt BAD.

I personally do not anticipate actively trading today for the protection of myself as well as my portfolio, and I recommend each of you be safe and limit the amount of exposure you take today.

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

HaiKhuu Proprietary Algorithm Report:

Yesterday was actually a great day for our algorithms. With the markets down, the only losing position was FGI, our sector-neutral portfolio. Despite the unfortunate bearish momentum in the markets, we had three systems that actively generated profits and capitalized on the momentum available.

Great day for the market-neutral strategy, but an unfortunate day to be allocated into FGI. C’est la vie, we will move on from yesterday and continue with our lives actively trading and capitalizing on opportunities present.

If you want to read more in-depth about the performance of all of our algorithms, please check out Asher’s report.

The results of yesterday are as follows:

Baseline:

• $SPY: -0.34%

Our Results:

• Market Neutral: +0.8%

• Variable Market Neutral: +0.68%

• Base Algorithm: +0.5%

• Long-Term Portfolio: -0.14%

• Variable Sector Neutral: -0.26%

• Sector Neutral: -0.49%

Today, we will be looking to test out our newest neutral strategy. We will be allocated directly into our Variable Market Neutral strategy (VMN). I do not know how well this will perform today, but this seems like a perfect day to test it out. I’ll have results for you guys tomorrow to see how well it performed. We will be hedging our account with exactly 25.7% of our portfolio.

This will be a risky day to get any bullish allocations, so please be cautious while the markets are looking rough. So please be careful if you are looking to allocate directly into any of these bullish allocations.

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 11/17/2022

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 , $NVDA , $AMD , $TSLA , $META , $AAPL , $GOOG/L

Free Equity List:

• Safe - $SPY

• Risky - $NVDA , $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 11/17/2022

• Initial jobless claims - 8:30 AM ET

• Continuing jobless claims - 8:30 AM ET

• Building permits (SAAR) - 8:30 AM ET

• Housing starts (SAAR) - 8:30 AM ET

• Philadelphia Fed manufacturing index - 8:30 AM ET

Notable Earnings for 11/17/2022

Pre-Market Earnings:

• Alibaba (BABA)

• NetEase (NTES)

• BJ's Wholesale (BJ)

• Macy's (M)

• New Jersey Resources (NJR)

• Kohl's (KSS)

• Weibo (WB)

• Dole (DOLE)

• Brady Corp (BRC)

• CI&T (CINT)

After-Market Earnings:

• Applied Materials (AMAT)

• Palo Alto Networks (PANW)

• Ross Stores (ROST)

• Keysight Technologies (KEYS)

• UGI Corp (UGI)

• Dolby Laboratories (DLB)

• Woodward (WWD)

• Post Holdings (POST)

• Gap (GPS)

Wrap up

Overall, just be smart while trading today, limit your downside risk potential, and actively assure you are practicing safe risk management. There will be a significant amount of risks while trading today as well as a lot of chop in the markets. Capitalize on the opportunities that present themselves, and make sure you are limiting the amount of exposure you have.

Good luck trading today, everyone, and let’s hope for the best!