HaiKhuu Daily Report 11/22/2022
Good morning and happy Tuesday! The markets have been relatively neutral during this shortened week. $SPY remained relatively neutral during the trading day yesterday but offered many opportunities to trade. Hopefully, you all were able to capitalize on the opportunities that were presented to you and were able to realize a significant amount of gains in the process. Expect today to be choppy, with many opportunities to trade.
Be smart with your positions, realize gains when given an opportunity to do so, and practice safe risk management.
Thoughts & Comments from 11/21/2022
Yesterday was a quick day for the markets. There was a significant amount of chop with many opportunities to capitalize on the volatility.
$TSLA dropped significantly, dropping 6.84%, $META dropped 1.95% and $BABA dropped 4.43%.
The overall movement in the day was negligible, and intraday movement was relatively tight, but there were many trades that were available to take.
$SPY opened the day trading at $394.72 and moved up to make a high of the day at $395.82 before coming down and making a low of the day at $392.66. After we made that low, we watched as $SPY was quickly bought back up to the $395.60 range before selling off into the close. $SPY ended the day trading at $394.59, down -$1.44, or roughly 0.36% from close on Friday, with an intraday movement of -0.01%.
As I said before, the movement of the day was relatively neutral, with the overall intraday movement being -0.01%, but at the same time, there were many opportunities to actively trade and realize some gains in the process.
I hope you were all able to capitalize on the opportunities that presented themselves to you and were able to realize some gains. A lot of people lost money attempting to catch the momentum. If you were able to generate a profit trading yesterday, consider that a win!
$SPY ONE MINUTE INTRADAY CHART 11/21
Thoughts & Comments for Today 11/22/2022
Markets are looking good going into open. The relative momentum of the day is showing relative strength in the markets, and lots of opportunities are presenting themselves here. Please be careful while actively trading today as I do expect general bullish momentum, but I also expect chop resulting in significant losses to get incurred.
Capitalize on this momentum. There will be many opportunities that are available to play both short-term quick positions today, as well as many opportunities to allocate into strong equities.
I will be looking for opportunities to scalp $TSLA, $AMD, and $META throughout the day while looking to pick up some leaps on Google and calls on Microsoft.
Make sure to manage your general risk with your allocations and take the proper precautions to limit your downside risk potential. Set stops in a guaranteed profit, cut allocations you are not confident in and make sure to have extra cash to deploy when necessary. In these current market conditions, you do not want to be overexposed but still retain general exposure when necessary.
Continue to hold your strong allocations and look to pick some more up over the next couple of days, as I do expect some slight bullish momentum to end the week strong.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday was an amazing day for the operations of our algorithm. With the general markets being extremely choppy and neutral, we were able to beat out the performance of the market with every single one of our systems that we’ve created. The base algorithm beat out the markets by a significant margin. An absolute win for our systems, and this continues to build extreme confidence for our fund.
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: -0.01%
Our Results:
Base Algorithm: +1.14%
Variable Market Neutral: +1.0%
Market Neutral: +0.79%
Variable Sector Neutral: +0.75%
Long Term Portfolio: +0.59%
Sector Neutral: +0.04%
Today, as a result of previous good results, we will be utilizing our base algorithm with the intention of holding the whole allocation throughout the day. There is an increased risk looking to take on this allocation today, but it is a risk worth taking.
In the case we are able to generate more than 1% on all of our allocations, I will look to actively adjust our allocations and cut a significant amount, letting the winners continue to win and securing the performance of the relative laggards.
Please be on the lookout for the chance of me cutting allocations early and be careful when looking to allocate into any of these positions, but I am confident today that they will do well.
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 11/22/2022
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 , $TSLA , $AMD , $META , $AAPL , $MSFT , $BABA
Free Equity List:
Safe - $SPY
Risky - $META , $AMZN , $RBLX , $BABA
Swing Opportunities:
Look to allocate into strong equities that you anticipate holding until the end of the year
Pick up some leaps in organizations you are bullish on over the span of a couple of years ($GOOG/L, $AMZN, $META)
Pick up broad market ETFs slowly ($SPY / $QQQ)
Sell short-dated CSPs with the intention of collecting premium on Friday (Risk Recommendation: $BABA)
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Long-Term Safe Play - $BA
Long-Term Speculative Play - $META
Short-Term Speculative Play - $RBLX
Economic News for 11/22/2022
None
Notable Earnings for 11/22/2022
Pre-Market Earnings:
Abercrombie & Fitch (ANF)
American Eagle Outfitter (AEO)
Analog Devices (ADI)
Baidu (BIDU)
Best Buy (BBBY)
Burlington (BURL)
DICK'S Sporting Goods (DKS)
Dycom Industries (DY)
Dollar Tree (DLTR)
Medtronic (MDT)
After-Market Earnings:
Autodesk (ADSK)
HP Inc (HPQ)
Nordstrom (JWN)
Guess (GES)
VNET Group (VNET)
Banco BBVA (BBAR)
Wrap up
Overall, please be smart while actively trading today.
Realize gains when given an opportunity to do so and actively define your risk. Do not over-allocate in the markets, and do not FOMO into any plays. Pick up some strong allocations today with the intention to hold over the next couple of trading days. Find some undervalued organizations and be confident with your positions.
Good luck trading today, and let’s make some BANK!