HaiKhuu Daily Report 1/20/2023
Good morning and Happy Friday! Markets have been quite wild recently, with a significant amount of general momentum. I will keep this report relatively short as there is not too much to discuss going into the trading day. I hope you all have a weekend and have a successful day trading today!
With the markets moving extremely irrationally over the previous couple of days, there have been many opportunities to be able to capitalize on and realize some gains. Keep seizing the opportunities available to you and make the most out of everything.
Thoughts & Comments from 1/19/2023
Yesterday was a tough and incredibly choppy day for the markets. $SPY opened the day trading at $389.22 before moving up right at open to actively test $390, prior to ultimately getting rejected and selling foo for approximately two hours. We made an official low of the day with $SPY trading at $387.27. During the downtrend, the markets looked extremely difficult but provided us with many entry opportunities. After making the official low, though, $SPY quickly recovered after the lunchtime rush and moved up nicely and breaking through many major resistance levels.
We made an official high of the day with $SPY trading at $391.06 before selling off during power hour. In power hour, we watched as the markets quickly came down and took back all of the gains of the day. $SPY ended the day trading at $388.65, down $2.85 (0.73%) from the close on Wednesday, and had an intraday movement of -0.18%.
Overall, it was a tough day for the markets, but it provided us all with many opportunities to actively trade and realize a significant amount of gains in the process.
Hopefully, you all were able to capitalize on the momentum and realize some gains while trading yesterday!
$SPY ONE MINUTE INTRADAY CHART 1/19
Thoughts & Comments for Today 1/20/2023
Today should be an interesting day with many opportunities available to trade. Markets are indecisive during this pre-market session, with not much guidance on which direction the markets would like to take.
Please be careful while trading today, but as I said before, expect many opportunities to be available in the relative short term. I am expecting to see a significant amount of momentum that would heavily impact the way we personally view the markets today.
Look into selling some 0-DTE CSPs to capitalize on the opportunities that are available and make a small amount of bank in the process.
I would not recommend over-trading today as I am expecting a significant amount of chop. Just like they say about riptides, even if you are a good swimmer, you are at risk of drowning. The same goes for here in the markets. When things are choppy and you are over-trading, there is an extremely high chance for you to lose a significant amount with ease.
Sit back, relax and enjoy the general movement in the markets while capitalizing on the opportunities available.
Prepare for what is going to be an insane day for the markets and realize some gains in the process of everything.
I personally do not anticipate trading too heavily today, if at all, as I need to personally spend some time outside of the markets preparing for Lunar New Year, so thank you for understanding!
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 positive day for the algorithm, with our bullish strategies outperforming the markets and the sector-neutral portfolios offering an overall positive return. If you took any alerts yesterday and realized some gains, that is a win! Great job if you took any alerts and made some bank!
The results of yesterday are as follows:
Baseline:
The Market -0.18%
Our Results:
Sector Neutral +0.15%
Variable Sector Neutral +0.14%
Base Algorithm -0.09%
Long-Term Portfolio -0.16%
Market Neutral -0.21%
Variable Market Neutral -0.22%
Today we will not be allocated to the pilot as a result of the ongoing testing we are doing. We again will not be allocated into the pilot prior to these live tests concluding, so thank you all for your patience, and please make sure to practice risk management if taking on any of these general allocations!
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 1/20/2023
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 1/20/2023
Existing home sales (SAAR) - 10 AM ET
Fed Gov. Christopher Waller speaks at Council on Foreign Relations - 1 PM ET
Notable Earnings for 1/20/2023
Pre-Market Earnings:
Ally Financial (ALLY)
Ericsson (ERIC)
Huntington Bancshares (HBAN)
Regions Financials (RF)
Sandstorm Gold (SAND)
SLB (SLB)
State Street Corp (STT)
Wrap up
Overall, please be smart when attempting to create any trades today and capitalize on the opportunities that are presented to you. Look into selling some 0-DTE CSPs to collect premium on the capital you are not actively utilizing and make the most out of the opportunities available.
Good luck trading today, and I hope you all have a wonderful weekend!