HaiKhuu Daily Trading Report

Good morning and happy Tuesday, you beautiful people! Markets are looking phenomenal and bullish today, leading into the midterm elections. Assuming there is a republican sweep, expect the markets to move up significantly today. I will warn you later about being blind and careless trading today but expect a significant amount of momentum and lots of opportunities to trade today!

Thoughts & Comments from 11/7/2022

Yesterday was a choppy yet beautiful day for the markets. Right from open, the markets sold off instantly for the first half hour of the day. $SPY opened the day at $377.70 and quickly made a low of $375.53. Markets were choppy for the next two hours after hitting that relative bottom, moving within a tight two-point range on $SPY. At approximately Noon EST, after testing the low of the day again, the markets started to rally as we watched $SPY slowly climb until the end of the trading day. $SPY tested and broke the major $380 resistance level, but unfortunately, it was rejected. $SPY made a high of the day at $380.57 before selling off ever-so-slightly into the close.

$SPY ended the day trading at $379.95, right under that $380 support/resistance level signaling both weakness and potential in the markets. The weakness comes from the fact that $SPY was not able to close above that level to bring confidence into the markets, and there is the potential, as we are trading right below that significant level, for us to push through that resistance and break out today.

Overall, the day was a great day for the market, with $SPY ending the day +3.60 (0.96%) and an intraday movement of +0.59%. It was an easy day to trade, and hopefully, you all were able to realize a significant amount of gains in the process!

Thoughts & Comments for Today 11/8/2022

Today as I said before, will be driven directly by market momentum and sentiment regarding the midterm election. We are expecting a republican sweep which is great for the markets, not only today but moving forward. This is a bullish sign for the market, but as always, please be cautious while actively trading in these market conditions. We are at a point in the markets where we either break out or come back and test new relative lows.

Watch out for $SPY $380. At the time of writing this report, $SPY is trading above $380 and is looking strong. If this momentum continues, I am fully expecting the markets to move up accordingly with phenomenal results for the majority. This will be an easy day for the markets to sit back and watch your long allocations or to trade and realize a significant amount of gains. If $SPY stays above $380 and continues to move up, there will be strong confidence in the market.

But at the same time, please be on the lookout. If $SPY breaks $380 and is not able to get back above, there will be a lack of confidence in the markets resulting in a significant increase of bearish momentum and selling in the markets. I am looking at $TSLA right now, and it has been actively selling off significantly since I started writing this part of the report. In the case that $TSLA continues to sell off, it will impact the markets by creating some bearish momentum. This could be a great opportunity to scalp and trade Tesla, but please be careful. I believe that Tesla will be the organization that will lead the active selling.

Be smart today, capitalize on the opportunities present and look to continue to increase bullish exposure on the markets.

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. We did have systems that did not perform as well as hoped, but overall it was a win across the board. Vlad’s long-term portfolio performed the best and outperformed the markets ever so slightly. Win across the board, win for the algorithms and win for the pilot. Hopefully, you all were able to capitalize on the opportunities presented and realized some gains!

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 follows:

Baseline:

$SPY:+0.59%

Our Results:

Long-Term Portfolio: +0.61%
Variable Sector Neutral: +0.59%
Base Algorithm: +0.37%
Sector Neutral: +0.36%
Variable Market Neutral: +0.15%
Market Neutral: -0.12%

Today, I will be looking to allocate directly into the base bullish algorithm we’ve created. This is due to the relative confidence in the markets with the anticipation of holding these positions throughout the whole day. I may cut laggards in the portfolio, but the only time I would consider cutting all positions early today would be if there is a sudden shift in market momentum or $SPY breaks below $380 and does not show signs of reversal.

Please be on the lookout for the possibility of me exiting positions early, though it is unlikely today.

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 , $TSLA, $BA, $MSFT , $AAPL , $RBLX, $META , $GOOG/L
Free Equity List:

Safe - $SPY
Risky - $META , $BABA , $TSLA , $MSFT

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 11/8/2022

NFIB small-business index - 6 AM ET

Notable Earnings for 11/8/2022

Pre-Market Earnings:

Constellation Energy (CEG)
DuPont de Nemours (DD)
GlobalFoundries (GFS)
Royalty Pharma plc (RPRX)
CNH Industrial NV (CNHI)
PerkinElmer Inc (PKI)
Workhorse (WKHS)
Coty Inc (COTY)
Planet Fitness (PLNT)
SunPower Corp (SPWR)

After-Market Earnings:

Disney (DIS)
Occidental Petroleum (OXY)
Lucid Group (LCID)
Ecopetrol (EC)
NortonLifeLock (NLOK)
Akamai Technologies (AKAM)
Jack Henry & Associates (JKHY)
Darling Ingredients (DAR)
Ovintiv (OVV)
Primerica (PRI)

Wrap up

Overall, PLEASE just be smart and safe while trading today. There will be many opportunities to generate profits trading today so take it slow but seize the opportunities that are available. Practice safe risk management and limit your downside risk potential.

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

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HaiKhuu Daily Report 11/8/2022