HaiKhuu Daily Report 12/28/2022

Daily Report
Written By Allen Tran

Good morning and happy Wednesday! Hope you all are feeling amazing and are excited to trade because the markets are looking extremely optimistic at this time! All of the indices are green, and $TSLA has gone absolutely crazy. TSLA made a low this morning, trading at 104.22, and pumped, making a high of the morning at $115 before rejecting and coming down. At the time of writing this report, $TSLA is trading at $110.

This will be an extremely volatile day for $TSLA. Please be careful and safe if you are looking for something to trade. If you are successful trading $TSLA today, you will realize a significant amount of gains, but a lot of traders will get burnt attempting to trade this today. My recommendation is to stick with trading $TSLA equity as there is an extreme premium to purchase option contracts. Look out for smart opportunities to attempt to trade Tesla, and realize your gains when given a chance to do so.

Thoughts & Comments from 12/27/2022

Yesterday was a choppy day for the markets resulting in volatility and many opportunities to trade. We saw some significant movement in the markets, with $TSLA dropping 11.4%, $AAPL closing at $130, and $SPY testing the $380 support. It was a turbulent day for the markets, but again, it provided us with many opportunities to trade with confidence.

Before opening, we saw a lot of selling, with $SPY making a pre-market high of $385.71 and coming down to $382.82 at open, and continuing the selling instantly as the markets opened. We had 8 red candles in a row to start the morning on $SPY, which was followed up with us testing and breaking under $380 momentarily and watched as the markets moved up significantly afterward.

The markets reversed as quickly as they sold off. Nineteen minutes after we tested $380 on $SPY, we were back to the open price and tested the $383 resistance level multiple times. We made a high of the day at $383.15 and chopped around all the way until close.

$SPY ended the day trading at $381.40, down $1.51 (-0.39%) with an intraday movement of -0.36%. There were many opportunities to trade both to the bullish and to the bearish side and realize a significant amount of gains. Many people got burnt attempting to trade yesterday, but if you were able to time things out correctly and be patient, you had a great day.

$SPY ONE MINUTE INTRADAY CHART 12/27

Thoughts & Comments for Today 12/28/2022

Today will be an interesting day for the markets with a significant amount of chop. I expect today to be volatile, and a lot of people get burnt either on chop or getting stopped out at a loss and emotionally getting back in a trade. Please be careful when attempting to trade and look to capitalize on the opportunities that are presented to you.

I am looking to capitalize on the extremely high premium on $TSLA at the moment. Please be careful if you are looking to invest in $TSLA at this point and have room to average down on your position accordingly. There is a significant amount of risk in trading tesla right now, but in the case you are able to time your position out accordingly, you will be able to realize a significant amount of gains.

My personal play on TSLA is looking to sell CSPs on $TSLA and make it a spread. I am looking for the $TSLA Jan 2024 expiration for approximately a 35% covered return. Either I make 35%, or I get assigned on my $TSLA shares at approximately $80 a share. Either way, I will be happy with the results.

Please be smart while trading and limit the amount of general exposure. Practice safe risk management and limit the amount of downside risk. Do not get emotional with your trades or overtrade today.

Realize gains when given an opportunity to do so and grab some free equity as the markets are at a point of optimal entry for free equity.

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

HaiKhuu Proprietary Algorithm Report:

Yesterday was an amazing day for the algorithms, with everything outperforming the markets and the pilot capitalizing on literally a perfect day. I am very happy with our results yesterday, and it continues to bring a significant amount of confidence in the systems we have in place for Third Age to go live in 2023. This will be an extremely interesting time capitalizing on rough market conditions, but we are at a point where we are consistent and that we will be able to navigate the markets regardless of the condition.

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: -0.36%

Our Results:

  • Market Neutral: +0.46%

  • Variable Market Neutral: +0.25%

  • Base Algorithm: +0.16%

  • Variable Sector Neutral: +0.08%

  • Long-Term Portfolio: +0.08%

  • Sector Neutral: -0.17%

Today, despite the current market condition are going to be allocating to the base algorithm. This is risky in these current market conditions, but we as a team feel that it is worth the risk to allocate to the base today. There is a great opportunity for the markets to come down, but I believe there is a higher likelihood of the markets moving up as a result of this pre-market bullish movement.

This allocation is extremely risky, so please be careful if you are attempting to allocate to these plays accordingly. We may exit these allocations early depending on how the market conditions are, be on the lookout in case we exit early.

All positions will be disclosed prior to markets opening.

DISCLAIMER - This is not financial advice. 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. This is not a signal to buy or sell any equities. We do not guarantee success. Take these at your own risk.

Generated entries for 12/28/2022

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 , $TSLA , $RBLX , $GOOGL , $META , $BABA , $AAPL , $MSFT
Free Equity List:

  • Safe - $SPY

  • Risky - $TSLA, $RBLX , $AMZN , $GOOGL

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 12/28/2022

  • Pending home sales index - 10 AM ET

Notable Earnings for 12/28/2022

Pre-Market Earnings:

  • None

After-Market Earnings:

  • None

Wrap up

Overall, please be safe while trading today, but capitalize on the bullish opportunities today. There will be many great opportunities to trade. You just have to be able to find them. Be smart, be safe, and you will be able to realize a significant amount of gains today!

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

Allen Tran
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