HaiKhuu Daily Trading Report

Good morning and happy Thursday! Hope you all are doing well after the insane day we’ve had during the first day of FOMC. Markets are currently down slightly from close yesterday, so please prepare for what is coming up today. There is more fear in the markets at the moment right now compared to a week ago, so please be cautious and safe while actively trading today. There is going to be a significant amount of turbulence and volatility in the current market. Lots of people are going to get chopped out and faked out, so please practice safe risk management and capitalize on the opportunities that present themselves.

Thoughts & Comments from 11/2/2022

Yesterday was an absolutely terrible day for the markets. Going into market open, general equities were not looking bad, with everything trading right around the close price after the sell-off on Wednesday, but we were not looking bullish at all. $SPY opened the day trading at $383.96, down slightly from close as the markets slowly slid down before starting to pick up some momentum. Unfortunately, that momentum was towards the bear side.

We, unfortunately, sold off until the middle of lunchtime, where $SPY made a low of day trading at $381.39. The sell-off was not anything of any major significance and, thankfully, was presenting an opportunity for us to actively trade and capitalize on the cheap prices of equities prior to FOMC.

As the markets picked up slowly, we saw some strong bullish momentum caused by buying into the beginning of FOMC. Right at 2 pm EST, we watched the markets absolutely rip up and push to new relative highs. Watching $SPY push was absolutely beautiful, with $SPY making a high of the day at $388.62.

Once the initial hype was over, though, we saw a significant downtrend in the markets forming as $SPY rejected the high. The movement down was quick and substantial, though. The selling remained for the rest of the day, where we broke below the point we were trading at prior to FOMC and dropped another percent. $SPY ended the day at $374.87, down −9.65 (2.51%) with an intraday movement of -2.35%. What is crazier than that is $SPY dropped roughly 3.5% from the top in less than an hour and a half. Anyone who got greedy in the process got kicked in the jaw, and anyone who was trying to catch the bottom afterward felt some heat.

Hopefully, you all were able to capitalize on the insane volatility and momentum in the markets yesterday and realize some gains when given an opportunity to do so!

Thoughts & Comments for Today 11/3/2022

Today is going to be an interesting day for the markets. As today is the aftermath of the insane momentum of yesterday, please be extremely cautious while trading. There is a significant amount of bearish momentum in the markets, so there will be many opportunities to get wiped out by fake outs, chop, and market makers today. I am going to warn people to be cautious while trading today, but also recognize the opportunities that are presenting themselves at the moment. With this significant momentum in the markets as a result of FOMC, there will be lots of opportunities to actively scalp, trade, and swing to generate a profit.

The same way that I warned people of a possible reversal a couple of days ago, is going to be the same warning now.

Watch out for $SPY at these levels; with $SPY testing $370, we are at a make-or-break point. Either $SPY is able to hold above $370 and will move up accordingly, or watch out in the case $SPY breaks below $370. In the case, $SPY breaks below $370, expect a significant amount of bearish momentum and selling to occur.

The chances of reversal are higher here, so look to get some exposure, but make sure to have stops in place in the case that the markets continue to trend down and break through that support level.

With this heavy movement down, we’ve seen new lows on organizations that we haven’t seen for a while and would have honestly been unthinkable at the beginning of the year. Please capitalize on the opportunities that are present and look to take on some long exposure for an investment as the markets continue to trend the way that they are.

I am looking at multiple different organizations at this point for possible contenders to invest in. They are riskier assets, so please take this all with a grain of salt and do your own due diligence prior to investing. This is all based on active price action versus the fundamentals of the organizations.

Organizations I am considering for plays:

Leap $BABA -> 0-100 play (Highest RIsk)
Leap $META -> 0-100 Play
Leap $GOOGL -> Safer risky play
Leap $AMZN -> Safer risky play
Leap $QS -> EV Play
Equity $MSFT -> Safer play

Please just be smart and safe while trading today. There will be many opportunities to actively trade, so seize the opportunities and let’s make some gains.

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 algorithms, and I am extremely proud of the results. The old neutral strategies we’ve created were significantly profitable, while everything else beat the markets by a large margin. Prior to the dump of FOMC, we were able to realize a gain of +1.5% utilizing our sector-neutral strategy. An absolute win for the system, and I am excited to see how everything performs today.

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

The results of yesterday are as followed:

Baseline:

$SPY: -2.35%

Our Results:

Sector Neutral: +0.6%
Market Neutral: +0.46%
Variable Market Neutral: -0.62%
Variable Sector Neutral: -0.65%
Base Algorithm: -1.48%
Long-Term Portfolio: -1.51%

Today, due to technical analysis having issues actively predicting today as a result of FOMC yesterday, we will be utilizing Vlad’s long-term portfolio for general exposure today. I want bullish exposure on the markets, but in the case that the markets break through the $370 support level, we will be cutting all of our allocations accordingly.

Please be on the lookout for when I ultimately cut all of our 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
Risky - $META, $GOOGL, $AMZN, $AI , $QS , $RBLX

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 11/3/2022

Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Foreign trade deficit - 8:30 AM ET
Productivity (SAAR) - 8:30 AM ET
Unit labor costs (SAAR) - 8:30 AM ET

Notable Earnings for 11/3/2022

Pre-Market Earnings:

1-800-Flowers.com (FLWS)
ADT Corp (ADT)
ConocoPhillips (COP)
Cigna Corp (CI)
Regeneron (REGN)
Zoetis (ZTS)
Air Products and Chemicals (APD)
Moderna (MRNA)
Datadog (DDOG)
Kellogg (K)

After-Market Earnings:

Amgen (AMGN)
Paypal (PYPL)
Starbucks (SBUX)
EOG Resources (EOG)
Atlassian Corp (TEAM)
Corteva (CTVA)
Motorola Solutions (MSI)
Illumina (ILMN)
Block, Inc (SQ)
Coinbase (COIN)

Wrap up

Overall, please be smart and safe while trading today. Watch out for the $370 support level on $SPY and watch for the possibility of a reversal on the markets. In the case that a reversal happens, let your positions flow and actively generate gains for you. In the case that the markets ultimately start selling off, look to exit your positions accordingly and minimize the general risks you are taking.

Be smart, don’t be greedy, and realize some gains while trading today.

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

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HaiKhuu Daily Report 11/3/2022