HaiKhuu Daily Report 12/12/2022
Good morning and happy Monday traders! Hope you all had a wonderful weekend and are ready for what is going to be an intense week for the markets. With major economic news coming up with CPI coming out on Tuesday and a meeting about to the Fed raising interest rates, there will be many opportunities to trade & get burnt in the short term. Please be extremely careful trading this week and practice safe risk management. Be smart and capitalize on the opportunities that are present regardless of which direction we ultimately pick!
Thoughts & Comments from 12/09/2022
Last week was a difficult week for the markets, with a significant amount of selling throughout the week. It was a great week assuming you were in bearish allocations or at least actively hedged your positions accordingly. Pre-market on Monday, we saw $SPY reach a high of $406.91, but was quickly followed up by two days of significant bearish momentum. $SPY went on to make a low of the week trading at $390.99 leading into Wednesday Pre-market, but we watched as the markets quickly recovered. On Friday, we were brought economic news pre-market, with PPI coming out pre market, causing $SPY to go from $398.70, down to the $393 range.
Friday was an interesting time for the markets. Despite the harsh selling we saw during the pre-market session, we saw a significant amount of buying as a result but a lot of selling going into the close. Markets moved up from that relative low and recovered the majority of the losses, with $SPY making an intraday high trading above $397.50. We ended the day though with $SPY selling off, ultimately ending the day trading at $393.28, down -$2.96 (0.75%) with an intraday movement of -0.42%.
$SPY ended the week down 2.55%. It was a tough week for the markets but presented us with many opportunities to realize a significant amount of gains and capitalize on the general momentum.
Hopefully, you all were able to realize a significant amount of gains during this time, and were able to minimize the general losses, because man it was a tough week.
$SPY ONE MINUTE INTRADAY CHART 12/09
$SPY 15-Minute Weekly Chart 12/5-12/9
Thoughts & Comments for Today 12/12/2022
Today is going to be an extremely interesting day for the markets, with some strong bullish momentum to start off the day. Please be careful getting too many allocations, as tomorrow will be an extremely volatile day for the markets as a result of economic news.
When trading today, be smart and quick with your allocations, but capitalize on this bullish momentum when given an opportunity to do so. There has been a significant shift in the optimism in the markets over the previous week, and if you are able to catch what is this relative bottom, you will be able to realize a substantial amount of gains. Please just be extremely careful, though, in these current conditions. Greedy traders will get hurt and burnt.
For allocations today, I only anticipate taking relatively quick scalps to realize gains in the short term while maintaining my general long exposure and leaving on my general strong positions that I anticipate holding for the next couple of years.
Be careful allocating too heavily, mostly with CPI & FOMC, tomorrow. Have cash ready on the side to allocate to positions accordingly. There will be lots of opportunities to allocate into strong positions tomorrow. Just be smart, be safe, and be ready to seize any opportunities that are presented to you!
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Friday was an amazing time for the pilot. Despite the markets taking a heavy dip, we did see a sizable return from the pilot. Thankfully, with the generalized movement of the market, we were able to get out of all of our allocations for a gain and not incur any of the losses of the markets on Friday. An absolute win for our system, and I am very thankful that we have our allocation systems in place.
Last week was also an amazing week for our algorithms. We absolutely tore up the markets, so 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: -2.55%
Our Results:
Market Neutral: +1.63%
Variable Market Neutral: +0.53%
Sector Neutral: -0.25%
Base Algorithm: -0.45%
Variable Sector Neutral: -0.58%
Long-Term Portfolio: -1.13%
Today, as the markets are moving up, we will be looking to allocate directly into the base algorithm with the intention of cutting all of our positions relatively early when given an opportunity to realize some gains. I do not want us to take on continued risk and exposure being too deeply allocated in the case the markets do end up reversing.
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 12/12/2022
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 12/12/2022
NY Fed 1-year inflation expectations - 11 AM ET
NY Fed 5-year inflation expectations - 11 AM ET
Federal budget (compared with Nov. 2021) - 2 PM ET
Notable Earnings for 12/12/2022
Pre-Market Earnings:
None
After-Market Earnings:
Oracle (ORCL)
Coupa (COUP)
Fluence Energy (FLNC)
Blue Bird Corp (BLBD)
Wrap up
Overall, be smart while trading today and prepare for the economic news coming out over the next two days. Do not get greedy and realize some gains when given an opportunity to do so!
Good luck trading today, and let’s make some bank!