HaiKhuu Daily Report 1/18/2023
Good morning and happy Wednesday! Markets are looking strong going into open. $SPY is green after a rough futures session, and it is going to be an intense time. With PPI data coming out pre-market, we are going to see a significant amount of movement resulting in momentum-based trading throughout the rest of the day. Please be diligent while trading today, and do not over-trade. Seize the opportunities that are available today and realize some gains.
Lots of changes are coming quickly with HaiKhuu 5 in the works. I hope you all are excited about what is coming.
Thoughts & Comments from 1/17/2023
Yesterday was an interesting and extremely choppy day for the markets that presented many opportunities to trade both to the bullish and to the bearish side.
We opened the day with $SPY trading at $398.42, looking strong with a significant amount of bullish momentum. After opening strong, $SPY came down to bounce off the one-minute cloud support and push through to test $400 and make an official high of day trading at $400.23. We were not able to hold above $400 and watched as $SPY rejected that level and came straight down to make an official low at $397.06.
After making the low of the day, we watched as $SPY chopped around significantly into close, testing the low of the day going into close, and watched as $SPY bounced and close the day officially at $397.76 down −$0.73 (0.18%). It was a tough day for the general markets, only being down -0.18% intraday, but the movement was significant, with us testing $400 for the first time.
Hopefully, you all were able to capitalize on the opportunities available and watched for the many trading signals we brought up on our discord!
$SPY ONE MINUTE INTRADAY CHART 1/17
Thoughts & Comments for Today 1/18/2023
Trading today will be extremely momentum based with the aftermath of PPI data. Ideally, PPI data comes out in our favor and pushes $SPY above the $400 resistance level with a significant amount of confidence. This is obviously the most ideal situation, but we will have to watch and wait until the economic news is out for the morning to be a judge of the direction of the markets.
Historically, markets are bullish today, so that is a great opportunity for confirmation bias, but please just please be careful trading the aftermath of the news and please watch out for quick momentum trades that are available. Do not attempt to catch any falling knives, and wait for a confirmation of a reversal prior to entry, and do not FOMO in if the markets are moving up.
There will be many opportunities to trade today. If you are able to time things correctly, the bulls will make money today, the bears will make money today and emotional traders will get slaughtered.
Do not get emotional or greedy with your trades. If you need to take a loss, take it with stride and move forward. There will be more trades in the future that you can easily capitalize on.
Hopefully, you all were following the alerts and entries of yesterday. We have been on fire the past couple of days. 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 to sit out of general allocations in the pilot. Positions did extremely well in the beginning of the day but followed the markets as we saw a significant downtrend. This movement down is nothing of any major concern, so we are able to take it in stride and move forward with ease. Hopefully, you all capitalized on the opportunities presented and realized some gains with our alerts in the morning.
The results of yesterday are as follows:
Baseline:
The Market -0.18%
Our Results:
Market Neutral -0.16%
Variable Market Neutra l-0.27%
Base Algorithm -0.34%
Long-Term Portfolio -0.35%
Sector Neutral -0.39%
Variable Sector Neutral -0.54%
Today, as a result of significant economic news happening pre-market today, we will be sitting out of the pilot for relative safety. Please be careful taking any general positions today, and make sure to set stops in guaranteed profit when given an opportunity to do so!
All positions will be disclosed prior to markets opening.
DISCLAIMER - This is not financial advice. 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. This is not a signal to buy or sell any equities, and we do not guarantee success. Take these at your own risk.
Generated entries for 1/18/2023
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 , $RBLX ,$AAPL , $MSFT , $BABA
Free Equity List:
Safe - $SPY
Risky - $TSLA , $RBLX , $AMZN , $GOOGL
Position Opportunities:
Sell CSPs on organizations with significant premiums but sell it extremely OTM where you will not get tested
Pick up some leaps in organizations you are bullish on over the span of a couple of years ($GOOG/L & $AMZN)
Pick up broad market ETFs slowly ($SPY / $QQQ)
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Long-Term Speculative Play - $META
Short-Term Risky Play - $TSLA
Short-Term Speculative Play - $RBLX
Economic News for 1/18/2023
Retail sales - 8:30 AM ET
Retail sales ex motor vehicles - 8:30 AM ET
Producer price index, final demand - 8:30 AM ET
Industrial production - 9:15 AM ET
Capacity utilization - 9:15 AM ET
NAHB home builders' index - 10 AM ET
Business inventories (revision) - 10 AM ET
Beige Book - 2 PM ET
Notable Earnings for 1/18/2023
Pre-Market Earnings:
Charles Schwab Corp (SCHW)
JB Hunt Transport Service (JBHT)
PNC Financial Services (PNC)
Prologis (PLD)
After-Market Earnings:
Discover Financial Services (DFS)
First Horizon Corp (FHN)
Alcoa Corp (AA)
Wintrust Financial Corp (WTFC)
H B Fuller (FUL)
Texas Capital Bancshares (TCBI)
Eagle Bancorp (EGBN)
Wrap up
Overall, please be smart while trading today and capitalize on the opportunities that are available to you. We should see some bullish momentum in the markets, and should be fun attempting to ride the momentum in the markets.
Don’t get greedy and realize some gains!
Good luck today, and let’s make some bank!