HaiKhuu Daily Report 11/29/2022

Good morning and happy Tuesday, you beautiful people! Hope you all are doing well and are feeling phenomenal this morning. Markets are up slightly at the time of writing this report, with Chinese-based equities like $BABA and $NIO climbing as China’s Covid fears ease up. Markets will be choppy today but provide opportunities to actively invest and trade in the short term. Let’s watch and hope that the markets continue this bullish momentum and move up accordingly, as many organizations have hit new 52-week lows and all-time lows.

Thoughts & Comments from 11/28/2022

Yesterday, unfortunately, was a tough day for the markets. We opened the day with $SPY trading at $399.01, under that $400 resistance level, and quickly moved up accordingly to make a high of the day at $400.81, prior to coming down significantly and ultimately proceeding to sell off the entire day.

There were many quick opportunities that were available to actively scalp and trade in the interim, but those opportunities were far and few. Hopefully, you all listened to my warning and played accordingly. Hedging to the downside would have minimized general losses yesterday and provided safety amongst your general allocations and would have been a great play if you took that hedge off by the end of the day.

$SPY, as I said before, sold off significantly and made an official low of day trading at $395.11 before bouncing ever so slightly into close. $SPY ended the day at $395.91, down −6.42 (1.60%) from close on Friday with an intraday movement of -0.80%. Bloody day for the markets with lots of opportunities to actively realize a significant amount of losses. Thankfully that was not the worst day we’ve ever seen, and there will be many more opportunities to make back all of the losses that could have been incurred.

Things will get better into the month of December, so get excited and prepare for the Santa Claus rally at the end of the year!

$SPY ONE MINUTE INTRADAY CHART 11/28

Thoughts & Comments for Today 11/29/2022

Today is looking more optimistic going into market open compared to yesterday, but I still will urge relative safety in the general markets to limit the amount of general exposure you have as well as make sure you are practicing safe risk management. If you are actively day trading and scalping, though, today is one of those days that you should increase risk if you are actively trading and realize as many gains as possible.

There will be a significant amount of chop and momentum within the markets today. There will be many opportunities to play both the upside and the downside. My personal opinion for the safest allocations you could make for the day is waiting for what we would perceive as either the top or the bottom, waiting for a sign of confirmation of a reversal, and playing the direction of the market.

This means if the markets are trending down at open, wait until we’ve been oversold on both the 1 & 5-minute charts on $SPY, wait to allocate until there is a confirmation of a reversal and play the upside. Or, if the markets are moving up quickly, do not attempt to FOMO into the general movement up but wait until the momentum slows down and shows a confirmation of a reversal prior to allocating into a short position as the markets are coming down.

Lots of people will get burnt today actively trading without practicing safe risk management and limiting their downside potential. The smart traders today will increase their allocations today and increase general risk but time their allocations right to be able to generate a significant amount of realized gains.

Be a smart trader today and realize those gains when given an opportunity to do so.

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 great day for the algorithms. Unfortunately, we were not able to capitalize on the bearish momentum, but we were able to hedge against the downside and minimize generalized losses throughout the day. We allocated directly into FGI, our sector-neutral portfolio, where we ultimately, at the end of the day realized a loss of $79 amongst the whole portfolio. All things considered, I would say yesterday was a wash, but when our hedged portfolio only lost $79 while the markets were down considerably, and every other system beat the markets by a large margin. I’d consider that a huge win for our systems!

The results of yesterday are as follows:

Baseline:

• $SPY: -0.80%

Our Results:

• Market Neutral 0.05%

• Sector Neutral -0.09%

• Variable Market Neutral -0.20%

• Variable Sector Neutral -0.35%

• Long-Term Portfolio -0.47%

• Base Algorithm -0.48%

Today, at the point of writing this report, I personally am not confident with which allocation style I am going to take. Depending on the location of the markets at the time of making the allocation, I will determine how confident I am and if I am going to take on either the base algorithm for general bullish exposure or FGI, our sector-neutral portfolio, to minimize general risks and exposure in the markets.

I will let you know in real-time which allocations I decide to take before markets open.

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 11/29/2022

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

Position 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

LONG OPPORTUNITIES:

• Long-Term Dividend - $GAIN

• Long-Term Safe Play - $BA

• Long-Term Speculative Play - $META

• Short-Term Speculative Play - $RBLX

Economic News for 11/29/2022

• S&P Case-Shiller U.S. home price index (SAAR) - 9 AM ET

• FHFA U.S. home price index (SAAR) - 9 AM ET

• Consumer confidence index - 10 AM ET

Notable Earnings for 11/29/2022

Pre-Market Earnings:

• Bank of Nova Scotia (BNS)

• Bilibili (BILI)

• Cerence (CRNC)

• Elbit Systems (ESTL)

• Shaw Communications (SJR)

• KANZHU (BZ)

After-Market Earnings:

• Intuit Inc (INTU)

• Workday (WDAY)

• Hewlett Packard Enterprise (HPE)

• Crowdstrike (CRWD)

• Compass Minerals (CMP)

• NetApp (NTAP)

Wrap up

Overall, please just be safe while trading today. There will be a significant amount of chop and provide a lot of opportunities to trade and realize a significant amount of either gains or losses. Be smart, be safe, and practice safe risk management!

Good luck trading today everyone and make sure to capitalize on the opportunities that present themselves!