HaiKhuu Daily Trading Report

Good morning and happy Monday traders! Hope you all had a phenomenal weekend and are ready to make some money today! Markets are looking strong at the moment, with many organizations pushing up. This relative strength is phenomenal for the markets, and hopefully, we will be able to actively break above the $380 resistance level on $SPY today. Be on the lookout for active opportunities to both invest and trade in these market conditions. There will be many opportunities present, it just all depends if you are able to catch the trades and realize their potential.

Seize the opportunities available and have a great time in the process.

Thoughts & Comments from 11/4/2022

Last week was a tough week for the markets, with a significant amount of both volatility and momentum. There were many opportunities to trade throughout the week, but unfortunately, it was a difficult week to remain net positive like I said before, there were many opportunities to trade and realize some gains.

Monday was an alright day opening the week with $SPY trading around $386. We watched as, on Tuesday, the markets tested $390 before coming down significantly and hitting a low on Thursday at $368.79. We moved up on Friday, with the markets officially closing the week down -2.65%.

Friday itself was an extremely interesting day for the markets after bouncing back from the relative bottom. $SPY opened the day trading at $377, moved up to make a high of the day at $378.87 before quickly coming down to test $370 intraday. After we made the relative bottom, $SPY moved up accordingly to close and recovered the majority of the losses.

$SPY ended the day at $376.35, up $5.34 (1.44%) with an intraday movement of -0.17%. Green day for the markets and a great way to end the week.

Hopefully, you all were able to capitalize on the opportunities present and realize a significant amount of gains.

Thoughts & Comments for Today 11/7/2022

Today is looking extremely optimistic for the markets. With the bullish momentum we are seeing going into open, this is looking good for both trading and realizing some short-term gains. Watch out for $SPY $380. In the case that the markets move up, expect to see resistance at the $380 level on $SPY. If we are able to break through that point quickly, this is a point of confidence in the markets, which will result in an increase in buying & bullish momentum which will cause the markets to continue to push.

If we break above $380 and there is relative strength in the markets, look to take on more risk and increase exposure to maximize potential profit.

In the case that we end up ultimately rejecting $380, we will see a retest before a possible sell-off of the general markets. If we reject this level and ultimately come down, please make sure you are practicing safe risk management and are actively looking to decrease the potential for losses.

Protect your bottom line, but capitalize on the opportunities that present themselves.

There will be many opportunities to trade not only today but continuing throughout the rest of this week. In the case, you miss an opportunity to realize some gains, don’t stress yourself out. There will be many more opportunities to trade not only today but for the rest of the year. Hopefully, we only continue to move up in a sustainable fashion into the end of the year.

Look into getting some more leaps on organizations you are extremely bullish in at these relatively cheap prices. Depending on the cost of the contract, I will be looking to get both short dated & long dated calls on $RBLX. This is a risky play but assuming it works out, should pay out handsomely.

Be smart while trading today and protect your bottom line!

If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.

HaiKhuu Proprietary Algorithm Report:

Friday was an alright day for the algorithm, Markets were relatively neutral from open so we were not able to realize any significant gains. C’est la vie, we will move on and continue with our lives in anticipation that better market conditions are coming soon. Everything did alright on Friday with no major red flags, and thankfully all losses were able to be relatively minimized.

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 Friday are as follows:

Baseline:

$SPY: -0.17%

Our Results:

Long-Term Portfolio: -0.02%
Market Neutral: -0.32%
Variable Market Neutral: -0.35%
Base Algorithm: -0.38%
Variable Sector Neutral: -0.47%
Sector Neutral: -0.55%

Today, I am not sure about the allocation we are going to make at the time of writing this report. Markets are looking strong but are trending down. I am looking to allocate either into our sector-neutral strategy, where we are able to hedge our allocations accordingly or allocate directly into the long-term portfolio with the anticipation that with the relative strength in the markets, we are able to capitalize on the momentum and realize some gains.

I will be deciding the allocation in real-time prior to making the allocation. If the market continues to trend down until the time of allocation, we will be looking to allocate directly into the sector-neutral strategy.

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 , $AMZN , $BABA , $AAPL , $MSFT , $META , $GOOG/L , $GAIN
Free Equity List:

Safe - $SPY
Risky - $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 11/7/2022

Consumer credit (level change) - 3 pm ET
Richmond Fed President Tom Barkin speaks on inflation - 6 pm ET

Notable Earnings for 11/7/2022

Pre-Market Earnings:

Palantir (PLTR)
BioNTech SE (BNTX)
Affiliated Managers Group Inc (AMG)
Viatris Inc (VTRS)
HF Sinclair Corp. (DINO)
Franco-Nevada Corp (FNV)
Essential Utilities, Inc (WTRG)
Richie Bros. Auctioneers Inc (RBA)
NRG Energy, Inc (NRG)
Choice Hotels International, Inc (CHH)

After-Market Earnings:

Activision (ATVI)
Diamondback Energy (FANG)
Welltower, Inc (WELL)
Teradata Corporation (TDC)
Take-Two Interactive Software (TTWO)
Mosaic Co (MOS)
Alliant Energy Corporation (LNT)
Solaredge Technologies Inc (SEDG)
Tripadvisor (TRIP)
Lyft Inc (LYFT)

Wrap up

Overall, please be smart, safe, and collected while actively trading today. Look to realize gains when given an opportunity to do so and do not get greedy while trading. Watch out for $SPY $380 and hope that the markets have the strength to not only break that level, but to continue to move up accordingly.

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

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HaiKhuu Daily Report 11/7/2022