HaiKhuu Daily Report 2/13/2023
Good morning and happy Monday! I hope you all had a phenomenal Super Bowl weekend and are feeling alright after a late Sunday night. Congratulations to everyone who is a Chief’s fan, big win there after one intense game.
Historically, February 13th-15th are bullish days for the market, so I want to be optimistic in hoping that the markets will continue to move up.
At the time of writing this report, markets are looking better than when the pre-market session opened. $SPY dipped to test $406 earlier, but thankfully, we’ve recovered significantly since. Markets are up ever so slightly, but things are going to change significantly by the end of the day. Please be smart with the general allocations you will make in the markets today and make sure that you are practicing safe risk management.
As I’ve said before, I am expecting to see some slight bullish movement up, followed by a significant sell-off resulting in a wave of even more irrational selling. Please make a mental note of this and trade accordingly.
Thoughts & Comments from 2/10/2023
Last week was an interesting week for the markets, consistently hovering in the $410 range, providing us with many opportunities to actively scalp and trade. We started the week off relatively neutral, with $SPY holding that $410 range both on Monday and throughout the first part of Tuesday, prior to Jerome Powell speaking and impacting the markets heavily. As a result of Jerome Powell speaking, we saw as $SPY went on to have resistance at $415 and was unable to break resistance on Wednesday, resulting in some significant selling. Markets remained relatively neutral after the selloff, again still hovering in the $410 range, where on Thursday, we moved pre-market and sold off for the large majority of the day.
Friday was an interesting time for the markets. $SPY opened up red for the day at $405.85 and chopped around red and green for the majority of the day. We made an official low slightly under the open price, with $SPY making its official low at $405.02 and making an official high of the day, trading right above $408.44. We ended the week with $SPY trading at $408.85 with a significant amount of strength and momentum. $SPY ended Friday up 0.23%, and $SPY ended the week down -0.43% overall.
It was a tough week for active trading in the markets, but provided us all with a significant amount of general confidence and many opportunities to trade!
I hope you all had some fun last week and were able to realize a significant amount of gains in the process. Let’s kill it this week and make some BANK!
$SPY ONE MINUTE INTRADAY CHART 2/10
Thoughts & Comments for Today 2/13/2023
Today should be a fun time for the markets. Earlier during the pre-market session, markets looked extremely bearish, with $SPY making a relative low trading around $406, but we’ve seen a significant bullish movement in the past hour of writing this report. $SPY has made a pre-market high of $409.54.
Like I said before, historically, we are extremely bullish between February 13th - 15th. With the significant move up in the general markets, it does not surprise me that this pre-market movement has happened as I am personally expecting to see some bullish momentum in the markets, but I am excited to see what happens as a result of this in the short term.
We are bullish in the short term (Course of a couple of days) but extremely bearish towards the end of the month. If you are actively trading, I would watch out for opportunities to follow the general momentum in the markets and to be able to capitalize on the opportunities that are presented to us.
If you are actively trading, take advantage of this momentum in the general markets. There is a significant amount of confidence at the moment, and that general confidence will result in a significant amount of people FOMOing in.
My personal recommendation at the moment is to actively scalp when given an opportunity to do so in the general markets and take free equity in solid organizations when given a chance, hold cash to allocate into strong positions at the relative bottom, and have active hedges on all of your open equity positions. I am expecting to see slight movements up in the short term, but I am waiting to see a larger general market movement down over the course of the next couple of weeks. Please be aware of my current sentiment. I am biased with my thought process, but in my opinion, at the moment, the markets are too hot and will cool down towards the back half of this month.
All of my general positions in the markets are hedged, but I do have general bearish exposure to the markets with a significant amount of $SPY $400 puts. In the case the markets move up significantly where I am able to double down on my position with confidence, I will, if not, I will continue to hold these allocations until $SPY comes down to the high $380, low $390 range, and sell then. Until that happens, I will continue to hold my allocations and remain relatively neutral for my general positions.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
So, unfortunately, I have some bad news in regard to our current systems. Over the weekend, we experienced a catastrophic failure on the server side of things, and a significant amount of our active programs were actively corrupted.
Thankfully, we have recovered a majority of the programs and are able to recreate anything that was not able to be recovered with relative ease.
We apologize for this short-term inconvenience, as this was never intended, and we will have everything back up and running as soon as possible. We will keep you all updated on the progress and have already taken many steps to assure that this will NEVER happen again.
Sorry again about this inconvenience, and we hope to have everything up and running like normal at the end of this week.
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 , $META, $TSLA , $AAPL , $MSFT , $AMZN , $NFLX , $SOFI , $BABA
Free Equity List:
Safe - $SPY
Risky - $SOFI, $RBLX, $FXI , $BABA
Position Opportunities:
Start hedging your portfolio while vix is extremely low. Grab multiple puts with a long expiration to protect your portfolio
Set stops in guaranteed profit for any position you have.
Start taking profit on equities you are comfortable selling (Cash will be king in February)
Pick up broad market ETFs slowly ($SPY / $QQQ)
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Economic News for 2/13/2023
NY Fed 1-year inflation expectations - 11 AM ET
NY Fed 5-year inflation expectations - 11 AM ET
Notable Earnings for 2/13/2023
Pre-Market Earnings:
TreeHouse Foods (THS)
Check Point Software (CHKP)
Cemex (CX)
Monday.com (MNDY)
Blue Owl Capital (OWL)
Roivant Sciences (ROIV)
Vornado Realty Trust (VNO)
Teradata Corporation (TDC)
After-Market Earnings:
Cadence Design Systems (CDNS)
Arista Networks (ANET)
Eversource Energy (ES)
FirstEnergy Corp (FE)
SolarEdge Technologies (SEDG)
Palantir Technologies (PLTR)
Lattice Semiconductor (LSCC)
Avis Budget Group (CAR)
Amkor Technologies (AMKR)
Medpace Holdings (MEDP)
Wrap up
Overall, this should be a fun day trading today with some blind bullish momentum going into open. Take advantage of the opportunities that are available to trade but do not be overexposed, as a lot of people will get wiped out as a result of significant market turbulence in the short term. Please be careful, realize some gains when given a chance, and make sure to practice safe risk management!
Good luck, and let’s make some bank!