HaiKhuu Daily Trading Report

Good morning and happy Monday! Hope you all had a great weekend, are well-rested, and are ready for what is going to be a tough day for the markets.

$SPY is down at the time of writing this report, and there is a very small likelihood of the markets recovering back to where we closed on Friday.

Let’s capitalize on the opportunities that are available and make smart decisions today to maximize your potential!

Thoughts & Comments from 12/02/2022

Last week was a great week for the markets. We opened the week with $SPY trading under $400 with general bearish momentum into the end of the month. We made a low of the week on $SPY at $393.30 on Tuesday but showed relative strength, with Jerome Powell speaking the next day.

On Wednesday, November 30th, $SPY went on an absolute TEAR as Jerome Powell pumped the markets. $SPY quickly moved up accordingly when Jerome Powell was speaking, and as a result of his bullish momentum, we made an official high of the week was $410.

Due to this relative confidence and strength, we shifted the general momentum in the markets from being mildly bearish to bullish again in the markets.

Throughout the week and the shifting of this generalized momentum, it provided to us with many opportunities to actively trade and be optimistic for what is to come with this end-of-the-year Santa clause rally!
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Friday was an interesting day for the markets. Pre-market, we watched as $SPY dropped to $400.01 on economic news. Unemployment data came out and resulted in the markets dropping approximately 2% before open. $SPY opened the day trading at $402.14, and we watched as the markets slowly moved up accordingly throughout the day.

The drop in the morning showed weakness in the markets in the morning, but the continued buying throughout the day showed relative strength in the markets. $SPY went on to trend up throughout the whole day, even going green at one point, making a high of the day at $407.86 before coming down into the close. We ended the day with the $SPY trading at $406.91, down −0.47 (0.12%) with a positive intraday movement of +1.16%.

There were many opportunities to actively trade during the week, and I hope you all capitalized on the generalized momentum available. It was a great week for the markets, with lots of opportunities to realize a significant amount of gains! Hope you all did well last week and realized some gains!

Thoughts & Comments for Today 12/05/2022

Today is looking tough going into open. With $SPY trending down at the moment, there is bearish momentum both on the 1 & 5-minute charts. There will be opportunities to actively trade and scalp in the relative short term, but this is one of those days that we have to remain relatively neutral and cautious, as selling may continue.

There is a good chance that the markets may reverse and move up accordingly, but the likelihood of the markets continuing to come down is higher.

Please be careful and cautious in this current market environment and be on the lookout for the $400 resistance level on $SPY. I don’t know if $SPY will reach that support level intraday, but there is a high likelihood that it happens by the end of the week.

I would advise you to be relatively neutral with your allocations and possibly look to hedge your positions in preparation for what could come up because, in the case, we break $400 on $SPY, expect that equities will continue to drop.

In the case the markets do reverse and trend up, look to allocate into strong high beta allocations and realize some short-term gains. I personally will be sidelined in my personal trades for the morning until I see opportunities to scalp and trade.

The majority of my allocations today will come in the form of acquiring free equity and looking to open some CSPs on positions that I believe are undervalued at the moment.

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

HaiKhuu Proprietary Algorithm Report:

Last week was a great week for the algorithm. With the significant volatility of the markets impacting general returns, regardless, the performance of the algorithms did well during that time. $SPY, unfortunately, outperformed the algorithms in the grand scheme of things, but the majority of the returns generated by the markets all came directly from Jerome Powell speaking, which is not something we could have anticipated from a quantitative standpoint. I am happy with these results, and I hope you all are capitalizing on the opportunities that are presented!

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

The results of last week are as follows:

Baseline:

$SPY: +2.83%

Our Results:

Long-Term Portfolio +2.26%
Base Algorithm +2.14%
Variable Market Neutral +1.41%
Variable Sector Neutral +0.56%
Market Neutral -0.34%
Sector Neutral -0.78%

Today, due to the relative position in the markets, I am not sure which allocation style I personally am anticipating going into market open.

If there is significant bullish momentum, I will be looking to purchase strong equities and allocate directly into the base algorithm with the intention of holding the general positions throughout the morning.

In the case that the markets continue to look relatively weak, we will allocate into a sector-neutral allocation for relative safety to ensure we are minimizing general exposure in the markets while still having the opportunity to create bullish momentum.

Please be on the lookout for which allocation style we decide on and when we ultimately cut 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 , $AAPL, $MSFT , $BA, $GOOG/L
Free Equity List:

Safe - $SPY
Risky - $META , $AMZN , $RBLX , $BABA

Position Opportunities:

Look to allocate into strong equities that you anticipate holding until the end of the year
Pick up some leaps in organizations you are bullish on over the span of a couple of years ($GOOG/L, $AMZN, $META)
Pick up broad market ETFs slowly ($SPY / $QQQ)
Sell short-dated CSPs with the intention of collecting premium on Friday

LONG OPPORTUNITIES:

Long-Term Dividend - $GAIN
Long-Term Safe Play - $BA
Long-Term Speculative Play - $META
Short-Term Speculative Play - $RBLX

Economic News for 12/05/2022

S&P U.S. services PMI (final) - 9:45 AM ET
ISM services index - 10 AM ET
Factory orders - 10 AM ET

Notable Earnings for 12/05/2022

Pre-Market Earnings:

Science Applications International (SAIC)
Veru Inc (VERU)

After-Market Earnings:

None

Wrap up

Overall, just be smart with your general allocations for the day, as there will be many opportunities to realize both gains and losses. Do not overtrade, but at the same time, capitalize on the opportunities that present themselves and make the most of them.

Snag some free equity while trading today and have some fun.

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

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HaiKhuu Daily Report 12/05/2022