HaiKhuu Daily Report 3/20/2023
Good morning and happy Monday! Hope you traders are ready for what is going to be a fun week for the general markets! With FOMC on March 21st & March 22nd, expect to see relatively slower momentum and volume today in the general markets, which is followed by a significant amount of movement in the greater markets. Markets will be extremely turbulent, so please be careful, prepare accordingly, and, as always, practice safe risk management.
A lot of traders will get burnt this week over trading or playing in the wrong direction, over trading, or being overallocated & a lot of traders will make a significant amount of money this week as a result of confidence, composure, and consistency. Do what you can to make smart positions and capitalize on the opportunities that are presented to you. You will want a little bit of luck to make profits this week, but you will NEED skill to be able to navigate this efficiently.
Good luck trading this week, and let’s make some BANK trading together!
Thoughts & Comments from 3/17/2023
Last week provided us with many opportunities to actively trade and realize some gains! With general bullish momentum over the course of the week, it provided us with some amazing opportunities to realize some gains and some amazing opportunities to get chopped out and watch as the realized losses stacked up. It is interesting watching the markets hover in the extreme fear state as a result of the general fears revolving around the banking sector, but this is providing us with an amazing opportunity to capitalize on the momentum in the general markets and provide us with opportunities to trade. Hopefully, you all traded a bunch last week and realized some gains!
Friday was a gross day for the general markets as we started the day down from the previous close and continued to a downtrend for the majority of the morning, where we hit a relative bottom and stayed there for the majority of the day. We opened with $SPY trading at $393.12, made the official low of the day during the lunchtime lull, trading at $388.55, and did not see any major market movement into close. We did come up to end the day with $SPY trading at $389.99, down $6.12 or approximately -1.55% from the previous close, with an intraday bearish movement of -0.78%.
It was a tough day for the general markets, but it is what it is. Hopefully, you all were able to capitalize on the opportunities presented to you and realized some gains in the process! Let’s hope this week is significantly better than Friday and see some nice bullish momentum!
Thoughts & Comments for Today, 3/20/2023
Today will be an interesting day for the general markets. As I said before, we have FOMC tomorrow and Wednesday, so expect relatively lower volume today, with a significant amount of momentum-based direction in the markets & chop. Lots of people will get hurt attempting to short on the way up, and a lot of people will get hurt attempting to short at what they believe is a relative bottom.
If you are attempting to trade today, please be quick with your scalp opportunities, and utilize the opportunities presented to you. Many people will get burnt and faked out while scalping today, so just remember, gains are gains. Do not get greedy and capitalize on the many opportunities that will be presented to you.
For everyone else in the markets who are actively swing trading and investing, just remember that these market conditions are relatively turbulent and are going to create a significant amount of chop in the short term. If you are investing for the next 2-3-5-10 years, do not fear this short-term FUD, just purchase strong equities you have confidence in and look to capitalize on the relatively cheap price of equities. If you are swing trading, please be careful as it will be difficult for you to actively invest as the chop in the greater markets will cause fear and realized losses in the short term. Stick to organizations you personally are comfortable in, and understand the range that it is playing in.
As always, for everyone, please make sure you are liquid at this time, practicing safe risk management and allocating wisely into the markets for general exposure. Cash is king, but smart equity positions will provide you with an amazing opportunity to generate some significant profits in the short term.
I personally will recommend that you look into purchasing equities at this point that you anticipate holding until Q4. I know a lot of people want instant gratification, but these market conditions are difficult for the majority. Unless you are actively scalping with a significant amount of shares or making incredibly great short-term swing trades or selling options, it will be difficult to generate short-term consistent realized gains. Allocate slowly into the markets when given an opportunity to do so while still retaining cash, and average into a position to increase your overall exposure in the markets.
Please be smart over the next couple of days as there will be a significant amount of general movement in the short term, and as always, be careful while allocating and assure that you have confidence in your positions.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Last week provided us with an amazing opportunity to realize a significant amount of gains with both our algorithm and the general markets. We watched as the base algorithm absolutely destroy the market netting a return that outperformed $SPY by over 20%. Our base algorithm underperformed the general markets, but this is expected as it is a portfolio built on safety, while the markets took an extremely risky movement up. C’est la vie, it is what it is, I am just happy that our technical analysis worked out as expected, netting us over a 100% return in comparison to the base portfolio that it was built on! Great job to anyone who took these alerts last week and made some bank!
To get an in-depth analysis of our algorithms' performance, check out Asher’s Report!
The results of last week are as followed:
Baseline:
$SPY: +3.78%
Our Results:
Base Algorithm: +5.01%
Variable Market Neutral: +3.73%
Variable Sector Neutral: +3.41%
Long-Term Portfolio: +2.23%
Market Neutral: +0.88%
Sector Neutral: -0.9%
With FOMC tomorrow and the market’s momentum being impacted by this, please be careful and safe while attempting to take any of these algorithm positions. Practice safe risk management and make sure that you are picking the positions you personally are the most confident in. There are some heavy hitting allocations today in the pilot, so just make sure that you personally are taking the amount of risk that you are comfortable and confident in, in the short term!
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 3/20/2023
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, $CS, $META , $AMZN , $BA , $AAPL , $MSFT
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 3/20/2023
No economic news is scheduled.
Notable Earnings for 3/20/2023
Pre-Market Earnings:
Footlocker (FL)
Pinduoduo (PDD)
KANZHUN (BZ)
Abcam plc (ABCM)
Navigator Holdings (NVGS)
DouYu International (DOYU)
Niu Technologies (NIU)
Puyi (PUYI)
After-Market Earnings:
Bridger Aerospace Group (BAER)
Wrap up
Overall, just be smart and safe while trading today, practice risk management, and look to capitalize on the opportunities that are presented to you in the short term. Do not forget that we have FOMC tomorrow and Wednesday, heavily impacting market sentiment and momentum. Do not get caught with your pants down and make sure you know to tread lightly in these market conditions!
Good luck trading today, and let’s make some bank today!