HaiKhuu Daily Trading Report

Good morning and happy Wednesday! HUMP DAYYYYY. This has been quite a quick week for the markets, and I am thankful for each and every one of you here. Markets were tough yesterday, but thankfully we are all stronger to be able to get through this all with relative ease. It was quite the turnaround Tuesday yesterday with a significant amount of bearish momentum, but C’est la vie. Today is the first day of FOMC, so please be careful while actively trading today.

Thoughts & Comments from 11/1/2022

Yesterday as I said before, was a tough day. Going into open, we were looking strong with $SPY trading above the $390 resistance level, which brought a significant amount of confidence going into market open. After the markets started to come down and test $390 into open, though, that is when we knew we were in trouble. I brought up watching out for the good possibility that we reject $390 and ultimately sell off significantly, and oh boy, was that quite the prediction.

$SPY played in a tight range at open after opening at $390.13 and actively testing that $390 level. Things were looking uneasy but steady for the first 15 minutes, with the markets constantly playing around with that $390 level. Once we had economic news came out, though, that was the end of the optimism. $SPY quickly rejected $390 and started to sell off extremely quickly. There were slight opportunities to trade and realize some gains in the process, but with a significant amount of bearish momentum, things were looking rough on the markets.

We ultimately ended up making a low on $SPY at 383.29, down slightly under 2% from open, and for the rest of the day, chopped around this level. For the majority of the day, I am sure a significant amount of traders had a tough time trading as there were not many opportunities that $SPY broke above VWAP, and I am confident that there were not many profitable traders as a result yesterday. The selling came directly from economic news and rejected that $390 level. Once people saw that the markets were, unfortunately, selling off, a lot of individuals followed suit and started to sell their positions off too. Part of it could be selling in preparation for FOMC today, but with the way the markets lined up, I would not say that the majority of the active selling came as a result of that.

$SPY ended the day trading at $384.52, down -$1.69 (0.44%) with an intraday movement of -1.44% from open. Absolutely bloody day for the markets with a significant amount of bearish momentum. Hopefully, you all were able to capitalize on the active opportunities in the markets and secure profits while you could, as well as actively looked to open new positions in the markets. I personally picked up some leaps on major tech organizations and will be looking to pick some more up here very soon. Organizations I am looking at currently are $GOOGL, $META, and $MSFT.

Thoughts & Comments for Today 11/2/2022

Today is going to be an interesting day for the markets as it is the first day of FOMC. Volatility and uncertainty will pick up significantly. Just like yesterday, I will be advising caution while actively trading on the markets today. There will be many opportunities to trade but a significant amount of opportunities to get chopped out, lose a position, or be forced to take a loss.

Do not let your emotions get to your trading today. Follow the trends and actively capitalize on the momentum and availability while the opportunity is present. Only trade when you see a perfect opportunity to trade, do not force any trades because you’d like to trade, and be smart with all of your allocations.

In the case the markets start ripping up, do not FOMO in, and in the case, the markets start selling off quickly, do not try and catch a falling knife.

Lots of traders will lose while trading today, the best and most disciplined traders will be able to capitalize on the momentum that is actively present and realize gains quickly in these current conditions.

Be smart with your allocations, realize gains quickly while actively trading, and prepare for what could possibly be a tough time.

Continue to practice safe risk management and protect your bottom line. Don’t do anything too overtly risky, and don’t do anything that may jeopardize your portfolio. We still are at a relative greed point in the markets, expect as a result of today and tomorrow in the markets to impact this index significantly in either direction. In the case the markets pop, expect the markets to get greedy, and in the case we ultimately start selling off, expect there to be a significant amount of fear added to the markets.

Regardless of whichever direction we pick, make sure to have long exposure in the markets and the ability to capitalize and realize gains in both directions. This is not the best time to be overallocated in the markets, but again, just make sure to have long exposure in organizations that you personally and confidently believe will outperform the markets in the grand scheme of things. I am not talking about a 1-2-5 day process, but more so, in the grand scheme of things, over the next 1-2-5 years.

If looking to allocate into any investments, look for fundamentally solid organizations that are relatively higher beta that, again, will outperform its comparables as well as the market.

Be smart, be safe, and realize some gains 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 a tough day for the markets, but thankfully all of our active trading systems were able to take advantage of a terrible opportunity and make the most of it. Our neutral systems did well in actively performing while we were able to outperform the markets. Our Market Neutral strategy beat the markets by roughly 2%, and the pilot beat the market by roughly 1.3% so absolute win for the pilot and our algorithmic systems. Hopefully, you were able to catch $AEP, which was our #1 recommendation as it easily outperformed the markets by a large margin.

The results of yesterday are as followed:

Baseline:

$SPY: -0.81%

Our Results:

Market Neutral 0.62%
Variable Market Neutral 0.09%
Base Algorithm -0.36%
Sector Neutral -0.51%
Variable Sector Neutral -0.55%
Long-Term Portfolio -0.65%
The Market -1.44%

Today, due to the uncertainty in the markets, we will be looking to allocate into FGI, our sector-neutral portfolio. In the case the markets move up significantly, this strategy will not perform as well as the markets, but we are preparing for what could be some downside momentum. In the case that the markets sell off by a large margin, we expect this strategy to lose significantly less than the markets or even possibly retain profitability.

I do expect to exit these positions relatively early today, most likely by 1 pm EST, so please be on the look out for when we ultimately cut all 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 , $BABA , $TSLA , $META , $MSFT , $AAPL, $GOOG/L , $GAIN
Free Equity List:

Safe - $SPY , $MSFT , $AAPL
Risky - $BABA, $AI , $QS , $RBLX

Swing Opportunities:

HOLD the strong equity positions you’ve picked up over a 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 11/2/2022

ADP employment report (level change) - 8:15 AM ET
Rental vacancy rate - 10 AM ET
FOMC announcement - 2 PM ET
Fed Chair Jerome Powell press conference - 2:30 PM ET

Notable Earnings for 11/2/2022

Pre-Market Earnings:

Zimmer Biomet Holdings (ZBH)
Yum! Brands (YUM)
Vulcan Materials Company (VMC)
Tupperware Corp (TUP)
Trane Technologies (TT)
SiteOne Landscape (SITE)
Rockwell Automation (ROK)
Progressive Corp (PGR)
Paramount Global (PARA)
CVS Health (CVS)

After-Market Earnings:

Qualcomm (QCOM)
Booking Holdings (BKNG)
MetLife (MET)
Equinix (EQIX)
Nutrien (NTR)
Fortinet (FTNT)
Realty Income Corp (O)
Waste Connections (WCN)
Allstate (ALL)
eBay (EBAY)

Wrap up

Overall, please be smart and safe while trading both today and tomorrow. Look to allocate into strong equity positions and assure that you are practicing safe risk management. Find fundamentally solid organizations that are undervalued and look to allocate to them over the course of the day.

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

If you are not a part of our free Discord, click HERE to join

HaiKhuu Daily Report 11/2/2022