HaiKhuu Daily Report 12/14/2022
Good morning and happy Tuesday! This has been a rough time for the markets, but it provides many opportunities to trade. Hopefully, you all were able to capitalize on the pump of CPI data yesterday, ride the bearish trend down, and realize some gains. Today is going to be an interesting day as a result of FOMC at and around 2 pm EST. There will be a significant increase in general volatility as well as momentum in the markets. So follow the trend and capitalize on the momentum. Be smart while trading today and realize some gains when given an opportunity to do so!
Thoughts & Comments from 12/13/2022
Yesterday was a tough day for the markets. Going into open, markets were looking strong with CPI coming out pre-market, causing everything to move up significantly, with $SPY making a high of day trading at $414.10. Markets reacted positively to CPI and showed a significant amount of strength. Going into the open, $SPY came down from the relative high and showed lots of opportunity to capitalize on the bullish momentum.
The markets opened, and $SPY started the day trading at $410.12, and unfortunately, was not able to sustain itself throughout the day. Markets kept attempting to trend up, but the selling as a result of the pump was prospectively more significant, and we watched as the markets tanked all day. We went on to make a low of the day with $SPY trading at $399.07 and moving up ever so slightly into close. We ended the day with $SPY trading at $401.97, up +3.02 (0.76%), with an intraday movement of -2.01%.
It was a tough day for the market, but it should have at least generated minimal unrealized gains. Hopefully, you all capitalized on the opportunities presented to you and realized some gains in the morning and shorted on the way down. It was one intense ride yesterday but was a lot of fun for all that was involved!
$SPY ONE MINUTE INTRADAY CHART 12/13
Thoughts & Comments for Today 12/14/2022
Today as I said earlier, will be an interesting day for the market, mostly as a result of the previous day that we’ve had in the markets. I would advise relative caution in the markets just like yesterday, but more so now as we are coming up on the $400 support/resistance level on $SPY.
If you are going long, it is a great opportunity to actively trade, but be on the lookout for the $400 support level on $SPY. In the case $SPY breaks below $400, please be extremely cautious and make sure to start exiting your positions accordingly. In the case $SPY holds above $400 and continues to move, you will be able to generate a significant amount of realized gains in the short term while actively scalping.
If you are wanting to go short, please be careful and watch out for a possible break out. I would recommend waiting until under $400 on $SPY to short with confidence and wait and watch as $SPY continues to sell off once we break below that $400 support level. In the case we break below $400, look to make strong allocations and prepare your positions accordingly where you can take profit and guarantee a successful position.
Please just be smart and safe while actively trading today. There will be many opportunities to trade, scalp, and realize some gains. Capitalize on the opportunities that are presented to you and make the most out of everything.
Grab a bunch of free equity when given an opportunity to do so, and have some fun in the process!
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 rough day for the markets, and that was reflected in the performance of the algorithms. C’est la vie, losses happen at times, and it is not anything I am personally too worried about. Tough day but oh well. We still beat the markets by a large margin with all of our systems, so we will take yesterday as a win, but a tough win.
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: -2.01%
Our Results:
Market Neutral 0.13%
Sector Neutral -0.36%
Variable Market Neutral -0.74%
Variable Sector Neutral -0.96%
Base Algorithm -1.52%
Long-Term Portfolio -1.55%
Today, with the markets being relatively indecisive going into open, we will be looking to allocate into the base algorithm with the intension of cutting all allocations early for safety. In the case $SPY breaks below $400, we will cut our positions for relatively minimal losses and call it a wash of a day.
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 12/14/2022
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 , $AI , $INTC, $BABA, $AMZN , $META , $AAPL , $MSFT
Free Equity List:
Safe - $SPY
Risky - $AI, $RBLX , $AMZN , $BABA
Position Opportunities:
Look to allocate into strong equities that you anticipate holding until the end of the year
Pick up some leaps in organizations you are bullish on over the span of a couple of years ($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 12/14/2022
Import price index - 8:30 AM ET
Federal funds rate announcement - 2 PM ET
SEP median federal funds rate for end of 2023 - 2 PM ET
Fed Chair Jerome Powell news conference - 2:30 PM ET
Notable Earnings for 12/14/2022
Pre-Market Earnings:
Arqit Quantum (ARQQ)
REV Group (REVG)
After-Market Earnings:
Lennar Corp (LEN)
Trip.com (TCOM)
Nordson Corp (NDSN)
Planet Labs (PL)
Wrap up
Overall, PLEASE just be smart, practice safe risk management, and capitalize on the opportunities that are presented to you today. Be quick with your scalps. Do not get greedy and look to realize gains when given an opportunity to do so. Watch out for 2 PM EST today due to FOMC, and just have some fun
Good luck trading today, and let’s make some bank!