HaiKhuu Daily Report 1/26/2023

Daily Report
Written By Allen Tran

Good morning and happy Thursday! Today is going to be a wonderful day, and I hope you all are excited! Markets are looking strong due to $TSLA earnings being strong, causing them to move significantly. Tesla’s high was $156 and has come down slightly at the time of writing this report. At the moment, $TSLA is up 6.6% and is holding up retail confidence at the moment! Crypto is looking strong, and I hope you all have been making a significant amount of gains!

Let’s kill it today and have a lot of fun!

Thoughts & Comments from 1/25/2023

Yesterday was an interesting day for the markets, with the being down significantly and selling off as a result of the downtrend created by $MSFT earnings. We opened the day and saw a significant lack of confidence. $SPY opened the day trading at $395.92 and showed general bearish momentum in the markets. We went on to quickly started to create lows of the day throughout the morning, with the official low of the day happening at $393.57. The bearish momentum quickly was resolved and provided us all with a great opportunity to go long at the relative bottom and ride the wave up.

After creating the official low of the day, $SPY went on to quickly recover and provided a significant amount of volume and liquidity in general equities. We watched as $SPY moved up throughout the rest of the day. There were moments of chop, but the general strong bullish momentum the rest of the day. $SPY quickly went from the low to actively test $400 again, which was unexpected, but a great opportunity for anyone who was going long at the relative bottom.

$SPY made an official high of day trading at $400.70 and chopped around $400 until close, where $SPY closed again above $400 at $400.35, up +$0.15 or approximately 0.04% up. This may sound like an extremely small number that is essentially negligible, but if you look at the intraday movement of the markets, we watched as $SPY move up +1.11% from open.

There were many great opportunities to go long in the market and many great opportunities to capitalize on the general momentum while scalping. I hope you all were able to realize some gains and had a lot of fun while trading yesterday!

$SPY ONE MINUTE INTRADAY CHART 1/25

Thoughts & Comments for Today 1/26/2023

Today will be a fun day to play, with a significant amount of economic news happening pre-market, I am expecting today to be filled with general momentum and chop, so please trade accordingly and do not attempt to fight the momentum of the markets, and be careful not to get chopped out of any positions.

If you are scalping, take profits quickly and if you are day trading, wait until there is a confirmation of a reversal and play the reversal rather than going long at what is the relative top or attempting to short at the relative bottom.

A lot of people, despite the confidence going into opening today, will get burnt as a result of the general momentum of the economic news.

The easiest way to capitalize on this momentum is by waiting until there is confirmation of the reversal I was talking about earlier and capitalizing on the general movement. Do not attempt to catch a falling knife unless you are quickly scalping, and make sure to set stop losses in guaranteed profit.

Practice safe risk management and limit your downside potential. Follow the trend of the markets today, do not let your emotions get to your trades, and do not get greedy. People scalping long will make money today, people shorting will make money today. But the person who is over trading & greedy will get slaughtered.

If you are looking for something with momentum, watch out for $TSLA, it will be a difficult stock to trade today that will include a significant amount of general chop, but if you are able to get on the right side of Tesla and time your positions accordingly, expect some significant returns trading it today!

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 great day for the algorithms despite underperforming slightly. We are not worried about this as our portfolio is built defensively, so in comparison to $SPY, we would underperform but remain relatively safer on days where $SPY sells off significantly. Everything expanded well, and are extremely excited to conclude our test soon!

The results of yesterday are as follows:

Baseline:

  • The Market +1.11%

Our Results:

  • Long-Term Portfolio: +0.92%

  • Base Algorithm: +0.87%

  • Variable Sector Neutral: +0.55%

  • Variable Market Neutral: +0.31%

  • Sector Neutral: +0.16%

  • Market Neutral: -0.35%

As we are performing live active tests on our new portfolio, and it’s the general reaction to the current market conditions, we will not be making any allocations in the pilot. Please be careful taking any of these alerts as they are in a live-beta test. We recommend you always set a stop in guaranteed profit and limit the amount of downside exposure you have with any of these allocations.

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, and we do not guarantee success. Take these at your own risk.

Generated entries for 1/26/2023

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 , $MSFT , $AAPL , $BA , $GOOGL, $BABA , $META
Free Equity List:

  • Safe - $SPY

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

Position Opportunities:

  • Sell CSPs on organizations with significant premiums but sell it extremely OTM where you will not get tested

  • Pick up some leaps in organizations you are bullish on over the span of a couple of years ($GOOG/L & $AMZN)

  • Pick up broad market ETFs slowly ($SPY / $QQQ)

LONG OPPORTUNITIES:

  • Long-Term Dividend - $GAIN

  • Long-Term Speculative Play - $META

  • Short-Term Risky Play - $TSLA

  • Short-Term Speculative Play - $RBLX

Economic News for 1/26/2023

  • Initial jobless claims - 8:30 AM ET

  • Continuing jobless claims - 8:30 AM ET

  • Real gross domestic product, first estimate (SAAR) - 8:30 AM ET

  • Real final sales to domestic purchasers, first estimate (SAAR) - 8:30 AM ET

  • Trade in goods (advance) - 8:30 AM ET

  • Durable goods orders - 8:30 AM ET

  • Core capital goods orders - 8:30 AM ET

  • Chicago Fed national activity index - 8:30 AM ET

  • New home sales (SAAR) - 10 AM ET

Notable Earnings for 1/26/2023

Pre-Market Earnings:

  • Mastercard (MA)

  • Comcast  (CMCSA)

  • SAP SE (SAP)

  • Marsh & McLennan (MMC)

  • Blackstone (BX)

  • Valero Energy (VLO)

  • Dow Inc (DOW)

  • Nucor Corp (NUE)

  • STMicroelectronics NV (STM)

  • Nokia Corporation (NOK)

After-Market Earnings:

  • Visa (V)

  • Intel (INTC)

  • KLA Corporation (KLAC)

  • Arthur J Gallagher (AJG)

  • L3Harris Technologies (LHX)

  • ResMed (RMD)

  • Weyerhaeuser Company (WY)

  • WR Berkley Corp (WRB)

  • Eastman Chemical Company (EMN)

  • Olin Corp (OLN)

Wrap up

Overall, please be smart while actively trading. Capitalize on the momentum in the markets and make sure you are practicing safe risk management. Set stops in guaranteed profit. Realize some gains when given an opportunity to do so and have fun in the process. There will be many opportunities to trade today, so realize some gains and seize the moment.

Good luck, and let’s make the most out of today!

Allen Tran
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