HaiKhuu Daily Report 11/30/2022
Good morning and happy Wednesday, ladies and gentlemen. I just want to apologize now for the shortened report, I’ve already created this report once and my computer crashed prior to publishing it without saving the report, so I am quickly re-writing the general report for you all as fast as I can.
Sorry for this. I’ll make sure everything is set up and perfect for tomorrow.
Thoughts & Comments from 11/29/2022
Yesterday was a tough day for the markets. There was a significant amount of momentum and chop throughout the day, and I hope you all capitalized on the opportunities that were available to trade. There were many opportunities to realize a significant amount of gains day trading yesterday.
Open was looking good, with $SPY opening the day at $396, prior to dipping down ever so slightly before pushing and making a high of the day at $397.30.
Once we made the high of the morning, though, we watched as, within a 20-minute period, $SPY dropped approximately 1% down to $393.30.
After making this relative low, though, markets were bought back up slightly, and the majority of the incurred losses were minimized as $SPY moved up into the close. We made a relative high on $SPY testing $396 after the dip, but unfortunately, were met with bearish momentum into the close. $SPY ended the day trading at $395.23, down −0.68 (0.17%). Despite the relatively low general day-to-day movement, the intraday movement was insane.
There were many opportunities to trade both the upside and the downside. Hopefully, you all were able to ride the momentum up and short on the way down. It was one hell of a day with lots of opportunities to realize a significant amount of gains!
$SPY ONE MINUTE INTRADAY CHART 11/29
Thoughts & Comments for Today 11/30/2022
Today is looking more optimistic going into open with the markets trending up ever so slightly. Please be careful and cautious trading today though as despite the general weak bullish momentum we are seeing during this pre-market session, things can change significantly between now and market closing.
This is a great time to actively scalp and attempt to realize gains in the short term, while still giving you an opportunity to go long and invest in undervalued organizations you personally have conviction in and are bullish on over the span of multiple years.
Be smart and safe with your allocations today as there will be many opportunities to get burnt, but capitalize on the opportunities that present themselves to you as there will be many opportunities to trade and realize some gains.
Just be careful with all of the economic events happening today. I personally will be minimizing general allocations today as it is the end of the month and actively positioning myself to prepare for the next month/end of the trading year.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday was just an alright day for the markets. The pilot realized insignificant gains while the overall day-to-day momentum in the markets was negligible. Overall, I am not worried about one day’s performance and accepted that it is going to be a generalized wash of a day that we can move on from without incurring any significant losses.
If you want to read more in-depth about the performance of all of our algorithms, please check out Asher’s report.
Today, we will be allocated directly into the base algorithm with the intensions of cutting all allocations early due to today being heavily driven by economic news. We will see what happens, but please be on the look out for when I ultimately cut all allocations for the morning.
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 11/30/2022
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 11/30/2022
ADP employment report - 8:15 AM ET
Real GDP (SAAR) revision - 8:30 AM ET
Real gross domestic income (SAAR) -8:30 AM ET
Real domestic final sales (SAAR) revision - 8:30 AM ET
Trade in goods deficit (advance) - 8:30 AM ET
Chicago PMI - 9:45 AM ET
Job openings - 10 AM ET
Quits - 10 AM ET
Pending home sales index - 10 AM ET
Fed Chair Jerome Powell speaks at the Brookings Institution - 1:30 PM ET
Beige Book - 2 PM ET
Notable Earnings for 11/30/2022
Pre-Market Earnings:
Royal Bank of Canada (RY)
Hormel Foods (HRL)
KE Holdings (BEKE)
Donaldson Company (DCI)
Xpeng (XPEV)
BRP Inc (DOOO)
Petco (WOOF)
After-Market Earnings:
Salesforce (CRM)
Synopsys (SNPS)
Snowflake (SNOW)
Splunk (SPLK)
Pure Storage (PSTG)
Okta (OKTA)
Nutanix (NTNX)
Elastic NV (ESTC)
Box Inc (BOX)
Victoria Secret (VSCO)
Wrap up
Overall, be smart with your active trades today. Do not over-allocate into the markets and minimize general risk & exposure when given an opportunity to do so. Capitalize on the momentum that is available and realize gains when given an opportunity to do so!
Good luck trading today everyone and let’s make some bank!