HaiKhuu Daily Report 12/19/2022

Daily Report
Written By Allen Tran

Good morning and happy Monday! Hope you all have had a wonderful and relaxing weekend leading up to this holiday season!


Happy Hanukkah to those who celebrate and happy early Christmas to everyone else!

Before I start this morning report, I just want to say to everyone that going into the new year, please make sure you focus on your health and well being while you can. Make sure to be healthy, exercise and do everything you can while you are young to live your best life possible. Life is precious and you do not know what will happen, so might as well do everything in your power to make the most of it.

Make 2023 your year because it will be a great time for everyone involved. May god bless you, your family and HaiKhuu.

Thoughts & Comments from 12/16/2022

Last week was an interesting week with many opportunities to trade and capitalize on both the bullish and bearish momentum in the markets. $SPY started off the week strong with some bullish momentum to start the week. On Tuesday, the markets pumped on CPI data making an official high of the week trading at $414.10 and provided us with a great opportunity to trade and realize a significant amount of gains, Unfortuantely, after CPI data came out, the markets sold off significantly and showed significant bearish momentum. Despite the insane momentum of Tuesday, we dropped significantly with the markets ending the day trading at $401.97, dropping 2% from open.

As a result of the aftermath of CPI, we saw a significant amount of bearish momentum that followed through the rest of the week.

The markets only continued to sell off, making a low of the week trading at $381.04, meaning the markets dropped over 7% from the high. A lot of this selling came directly from Elon Musk selling off a significant portion of his holdings in $TSLA, causing a significant amount of bearish momentum in the markets.

We ended the week with $SPY trading at $383.27, down 3% overall over the course of the week. This 3% does not sound significant in perspective to everything, but to look at the difference between the high and the low, we saw a significant amount of bearish momentum that heavily impacted the markets negatively.

Hopefully you all were able to capitalize on the general momentum in the markets as there were many great opportunities to realize some gains, playing both to the bullish and the bearish side.

It was a tough week for the markets and I hope you all are doing alright afterwards.

$SPY ONE MINUTE INTRADAY CHART 12/16

Thoughts & Comments for Today 12/19/2022

Today is going to be an interesting day for the markets. With everything being relatively neutral at the moment, I personally would not want to recommend allocating too heavily in the markets and will advise everyone to practice safe risk management. At the moment the markets are in an indecisive point.

There is a great opportunity for the markets to move up accordingly going into the Santa rally, but I would not attempt to capitalize on that bullish momentum too soon. If you are trying to catch this christmas rally, my recommendation is to allocate directly into tech organizations that you personally have a significant amount of confidence in, in perspective to allocating into the general markets. Some organizations I am looking into allocating into going into this week are $GOOGL, $TSLA and $AMZN as I personally believe these organizations are fundamentally undervalued at the moment and have a great opportunity to move back up going into this rally.

$TSLA, is the odd man out as there is a significant amount of bearish momentum as a result of Elon selling, but assuming the selling is over, and this christmas rally happens, we will see a significant movement up.

I am not looking to actively day trade as much today as I will be travelling and starting to allocate into strong positions.

The majority of the allocatiojns I am looking at getting today are general calls on both $SPY & $TSLA, picking up equity in $GOOGL & $AMZN, and possibly allocating into long $BABA. For the strikes & expiration dates, I am looking to go at the money, for the January monthly, IE, $TSLA $150 & $SPY $385

This is obviously risky in these current market conditions as selling may continue to happen, but I will be scaling into these positions accordingly and making sure that I am practicing safe risk management.

In the case the markets continue to sell off, I will look to continually average down until the end of the year. I will not scale into any contracts though, those positions will either be a hit or a miss. In the case the markets do not rebound though, I will unfortunately have to take a loss on my allocations.

Please practice safe risk management with your allocations today, and for the rest of the year, and watch out for the Christmas rally and allocate accordingly.

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 wonderful week for the algorithms despite the terrible return of the general markets. All of our systems outperformed the markets and some of our strategies provided a solid return in these market conditions. I am very happy with the results of algorithms and hope you all were able to capitalize on our hard work!

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: -3.0%

Our Results:

  • Market Neutral: +0.79%

  • Variable Market Neutral: -0.32%

  • Sector Neutral: -0.61%

  • Variable Sector Neutral: -1.45%

  • Base Algorithm: -1.57%

  • Long Term Portfolio: -1.96%

Algorithm Returns 12/10 - 12/16

Today, unfortunately we will not be allocating into the markets. This is not due to any issues with the algorithms nor the markets, but a logistical issue due to travel. This is on me specifically. I apologize to everyone impacted by this, but everything will be running tomorrow.

Again, all algorithmic allocations today are valid and that the only issues come from logistics and not any larger issues.

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 12/19/2022

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 12/19/2022

  • NAHB home builders' index - 10 AM ET

Notable Earnings for 12/19/2022

Pre-Market Earnings:

  • None

After-Market Earnings

  • Heico Corp (HEI)

Wrap up

Overall, please just be safe while trading today, look to allocate into strong positions and make sure to make smart decisions while trading.

Good luck trading and let’s seize any opportunities to realize some gains!

Allen Tran
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Algorithm Data: 12/19/2022
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Weekly Algorithm Review: 12/18/2022