HaiKhuu Daily Report 12/08/2022
Good morning and happy Thursday! It’s a beautiful day in paradise. With the markets trending up at the time of writing this report, there will be a significant amount of opportunities to actively trade. Please make sure to practice safe risk management and limit the amount of exposure you take on, but seize the opportunities that will be presented today. Realize some gains today and have some fun in the process!
Thoughts & Comments from 12/07/2022
Yesterday was a tough day for the markets. There was a significant amount of chop and volatility throughout the trading day that made it difficult for the majority of traders to capitalize on the momentum. $SPY opened the day trading at $392.89 and moved up quickly to test $395 before ultimately rejecting and making the first low of the day, testing $392.
We chopped around and tested $395 two more times before making a high of the day at $395.64 and selling off and killing the momentum for the day. $SPY went on to test the $392 range multiple times before ultimately closing the day at $393.16, down −0.67 (0.17%) from the previous close, with a positive intraday movement of 0.06%
The overall movement of the day was extremely range bound, with the markets respecting between $392-395, and if you look at the overall return of the day, it seems to not have many opportunities. Markets were down -0.17% from the previous day while only moving up +0.06%. This does seem relatively negligible, but if you look at all of the spots within the day, you could have traded and realized some gains, there were many that were presented to you. It just came down to timing and if you took profit accordingly. You could have scalped / day traded both to the bullish and to the bearish side with relative ease!
Hope you all did well yesterday and realized those gains when given an opportunity to do so!
$SPY ONE MINUTE INTRADAY CHART 12/07
Thoughts & Comments for Today 12/08/2022
Today is looking significantly more optimistic going into open. Markets are trending up at the time of writing this report. There will be many great opportunities to trade and realize some gains today, so go out and actively trade. Please be careful in these current market conditions, as the intraday sentiment may shift. As long as you do not get caught on the wrong side of a trade, you will be able to realize gains with relative ease.
Look to play some more volatile plays. High beta plays in these current market conditions increase your risk but provide you with a substantially higher return. Make sure to practice safe risk management when taking those generalized allocations and limit the amount of exposure you take, and make sure to practice safe risk management. Set your stop losses accordingly, move those stops up to guarantee some profits, and capitalize on this bullish momentum we are having in the markets.
Organizations I recommend you look into trading today are RBLX, TSLA, META, BABA, and AAPL!
If given an opportunity to do so, when realizing your profits, take them in terms of free equity to continually grow that long-term exposure in the markets. A large free equity portfolio over the course of a lifetime will assure that you are maximizing the generalized return for a minimal amount of effort or exposure. It is just a long-term game that is won over the course of a lifetime!
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday despite the markets being relatively flat, all of the HaiKhuu algorithms outperformed across the board. The best-performing algorithm was the variable sector-neutral portfolio outperforming the market by 500%. Amazing day for the algorithms in perspective to the markets, and I am extremely thankful for the ability for us to abuse this system and continually general profits despite the mediocre movement of the overall markets.
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 yesterday are as follows:
Baseline:
$SPY: +0.06%
Our Results:
Variable Sector Neutral: +0.33%
Long Term Portfolio: +0.22%
Base Algorithm: +0.2%
Variable Market Neutral: +0.19%
Sector Neutral: +0.18%
Market Neutral: +0.16%
Today, with the markets moving up significantly, I will be looking to allocate directly into the base algorithm with the intention of holding these positions throughout the day. Assuming the markets continue to move up continuously, I’ll cut laggards when deemed fit and let the winners in the portfolio continue to win until there is a shift in generalized momentum. Once that shift happens, we will get out of our positions and call it a day with our realized gains.
Please be on the lookout for 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.
Generated entries for 12/08/2022
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 12/08/2022
Initial jobless claims - 8:30 AM ET
Continuing jobless claims - 8:30 AM ET
Notable Earnings for 12/08/2022
Pre-Market Earnings:
Ciena Corp (CIEN)
GMS Inc (GMS)
Hello Group Inc (MOMO)
Liquidity Services (LQDT)
After-Market Earnings:
Costco (COST)
Broadcom (AVGO)
Lululemon (LULU)
Chewy (CHWY)
The Cooper Companies (COO)
Vail Resorts (MTN)
DocuSign (DOCU)
Phreesia (PHR)
Domo (DOMO)
Torrid Holdings (CURV)
Wrap up
Overall, be smart while trading today, increase the amount of exposure you have in the markets in the short term and capitalize on the opportunities that are presented to you. Markets should be relatively easy today, realize some gains and have some fun in the process of everything.
Good luck trading today, and let’s make some bank!