HaiKhuu Daily Report 3/14/2023
Good morning and happy Tuesday! Hope you all are feeling well after the shift in general momentum yesterday after a significant amount of bearish sentiment over the weekend. We have CPI data coming out pre-market, so by the time this report is live, and we are discussing everything in this report in the HaiKhuu Discord, the initial movement has happened.
We still are in Extreme Fear on the fear and greed index, but I think people are starting to be able to breathe after the $SIVB & $SBNY debacle. There is still fear in the air, and unless you are directly impacted by that movement, most people have moved on with their lives and are attempting to play the markets normally. Please continue to be careful in these market conditions as things can get a lot worst very quickly, but I believe the short-term FUD is over, giving us an amazing opportunity to purchase equities long and make smart allocations.
Scale into your equity positions slowly, average into them when given an opportunity to do so, and make sure to limit your risk. Cash is king, but this is the time to start allocating wisely.
Be safe at this time, as things can get worst, but capitalize on the opportunities that are available to you. As I said yesterday. When we are in extreme fear, is when we will see the fastest and most significant green. Have allocations on the table, that way, when that green comes, you will be able to benefit from that run.
Thoughts & Comments from 3/13/2023
Yesterday was an interesting time for the general markets that provided a significant amount of general momentum and volatility in the markets. We saw as the markets opened down significantly as a result of the underlying fear in the markets after the insane week we had followed by a significant amount of bullish momentum. $SPY opened the day trading at $381.93 and came down slightly to test the $380 support level, with $SPY trading at $380.67, before moving up quickly with relative ease.
After shooting up and going green for the day, $SPY went on to continue to push, making our official high of the day at $390.38, meaning that we’ve moved up $8 from the open price and provided the markets with MANY opportunities to make some significant realized gains playing to the bullish side. We were not able to hold and sustain above $390, as we came back down and actively tested the previous close around $385 but showed as there still was relative confidence in the equities markets.
We chopped around into close, where we watched $SPY come down to the previous close, which was relatively neutral and black for the day but provided us with many amazing opportunities to realize some gains in the short term. We ended the day with $SPY trading at $385.36, down $0.55 for the day, or approximately -0.14% from the previous close, but had a bullish intraday movement of +0.91%. The day-to-day movement may not have seemed like $SPY moved that much, but the overall movement was significant and provided us with some amazing opportunities to actively trade and realize some gains!
Hopefully, you all were able to realize some gains while actively trading yesterday and took advantage of all of the opportunities that were available.
Thoughts & Comments for Today, 3/14/2023
Today should be a fun day as a result of CPI data coming out pre-market. Please be careful while actively trading and take advantage of all of the opportunities that are available to you in the short term. There will be a lot of market momentum in the morning as a result of CPI, either to the upside or to the downside, which will heavily impact the direction that we ultimately decide on taking. Expect to see a significant movement as well as a lot of volume going into the open, but look to follow the momentum throughout the day. Do not fight the momentum, as that will ultimately kill you, and look to capitalize on it relatively quickly and realize some gains when given an opportunity to do so.
Do NOT get greedy in this marketplace, as we still are in extreme fear, but make sure that you are properly allocated in the short term, as there will be a significant amount of bullish momentum coming in the relative short term in the general markets. I am expecting this momentum to come within the next few weeks, so please be aware that a lot can happen between then and now. Take risks off the table, but make sure that you are properly allocated to prepare for this beautiful movement.
Markets will be relatively difficult to trade within the next couple of weeks. I am expecting to see a significant amount of chop as we recover, so please do not get faked out. If you are actively trading, be careful. If you are allocating long into the general markets, do not worry nor stress, as there will be some nice movement up over the course of time. Just sit back, allocate into strong equities, and be confident with your plays.
Diversify your portfolio to allocate into positions you have relative confidence in, and do not do anything that would heavily impact your performance over the next couple of weeks.
Possibly look into getting leaps in organizations that you believe are undervalued in the short term, and look to take on a little bit more risk. I personally am looking into getting $SOFI and $RIVN leaps given an opportunity to do so, and I will let you all know which leaps I ultimately decide on taking within the next couple of days.
Look for these smart opportunities to invest and have a great time, and just make sure that you are properly allocated and hedged at this time. Do not take on too much risk, but this is the time to start building exposure. Cash is king, but as I said before, this is the time to deploy it.
If you have any questions about where to allocate into the markets, feel free to ask questions to our community in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Yesterday was a great day for both the markets and the algorithm. Our long-term portfolio outperformed the markets by a slight margin, so that was a win. Our technical analysis underperformed ever so slightly, but C’est la vie still a great day across the board that I am very happy with. There are no complaints about the results yesterday, and I am excited to see what happens today!
The results of yesterday are as followed:
Baseline:
$SPY: +0.91%
Our Results:
Long-Term Portfolio: +0.96%
Base Algorithm: +0.88%
Variable Sector Neutral: +0.74%
Variable Market Neutral: +0.58%
Market Neutral: -0.02%
Sector Neutral: -0.16%
To get an in-depth analysis of our algorithms' performance, check out Asher’s Report!
Please be careful in the base algorithm blindly at this moment. Market conditions are not optimal at this time, so please do your proper due diligence on any of these positions and cherry-pick the positions that you personally believe will outperform the markets today. Practice safe risk management and have your stop losses in place. Increase those stops to be in guaranteed profit when given an opportunity to do so, and take as much risk off the table as possible.
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.
Algorithmic Alerts for 3/14/2023
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 , $RIVN, $TSLA, $MSFT , $NVDA , $AAPL , $META
Free Equity List:
Safe - $SPY
Risky - $RIVN
Position Opportunities:
Start allocating slowly into the markets
Invest in smart positions that you have confidence in
Start DCA-ing in positions you want to hold over the course of time.
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Long-Term Riskier EV Play - $RIVN
Economic News for 3/14/2023
NFIB Optimism index - 6 AM ET
Consumer price index - 8:30 AM ET
Core CPI - 8:30 AM ET
CPI (year over year) - 8:30 AM ET
Core CPI (year over year) - 8:30 AM ET
Notable Earnings for 3/14/2023
Pre-Market Earnings:
IHS Holding Limited (IHS )
Super Group Limited (SGHC)
J Jill (JILL), Caleres (CAL)
SES AI Corp (SES)
After-Market Earnings:
Lennar Corp (LEN)
Smartsheet Inc (SMAR)
SentinelOne (S )
StoneCo (STNE)
Custom Truck One Source (CTOS)
FinVolution Group (FINV)
Guess? (GES)
Wrap up
Overall, please be safe while trading today, there will be a significant amount of momentum as the result of CPI data coming out during the pre-market session. Do what you can to limit your general risk, but take advantage of all of the opportunities that are available to us at this time. Look to allocate wisely into the markets when given an opportunity to do so, and scale into your positions slowly. Lots of people will make money in the short term, and lots of people will get burnt. Do what you can do to maximize the upside, and do what you can do to limit your risk.
Good luck trading today, and let’s have some fun!