HaiKhuu Daily Report 3/22/2023

Good morning and happy Wednesday! I hope you all are excited about FOMC today! There will be a significant amount of general volatility in the markets, so please mentally and physically prepare because this is going to be a crazy day. Practice safe risk management and limit your downside risk potential, but look to increase exposure when given an opportunity to do so and realize some gains in the process of everything. People will have an amazing time assuming the markets do as we all expect, or people will watch as the markets fall heavily, as the feds raise rates more than expected, or do not raise them at all.

We have the interest rate decision at 2 pm EST, and we have Jerome Powell talking about it at 2:30 pm EST. Make sure to tune into our Discord at 1:45 pm EST to watch the reactions happen in real time!

Thoughts & Comments from 3/21/2023

Yesterday was a beautiful day for the general markets, with a significant amount of bullish momentum! The markets opened relatively strong, with $SPY starting the day extremely green, trading at $397.30. We watched as the markets did chop around for the majority of the morning, providing us with short-term opportunities to realize some gains, followed by a significant amount of chop. $SPY started to sell off slowly into the lunchtime lull, where we did make the low of the day, with $SPY trading at $395.58, only down slightly from open.

After making that low of the day, we watched as $SPY had some solid strength and momentum going into the end of the day, with power hour providing us with a significant amount of bullish momentum. We ended the day with $SPY ripping up and closing at $398.91 after making a high of the day at $399.40, closing the day up $5.17 from the previous close, or approximately 1.31%, with an intraday bullish movement of +0.4%. It was an amazing day for the general markets that provided anyone who was bullish the ability to create a significant amount of both realized and unrealized gains in the process. I hope you all had fun and were able to maximize the profit potential of yesterday, and had some fun in the process of everything!

Great job to anyone who realized a significant amount of gains in a short period of time yesterday, and let’s all hope that Jerome Powell impacts the markets in an impactful way and that we can all easily generate some significant gains today!

Thoughts & Comments for Today, 3/22/2023

Today will be an exciting day watching the markets move heavily in either direction. Ideally, we watch as the markets move up significantly over the course of the day, but we all know that most likely will not happen and will act irrationally leading up to FOMC. $SPY is right under the $400 resistance level, so be on the lookout as this would be a level of major significance, but assuming we have enough bullish momentum, we should be able to break through this level with relative ease.

As I said before, please be careful while trading today. Practice safe risk management and make sure that you are limiting your downside risk potential. There will be many opportunities to create a significant amount of gains, and there will be many opportunities where you can watch yourself get burnt and realize some losses. I would only increase risk when there is a solid opportunity to scalp and day trade today, but as always, make sure to always respect stop losses.

My thoughts on the general direction of the markets today are as followed:

• From open

  • I believe we will see some bullish momentum giving us all an opportunity to play long, buy at open & sell when the momentum slows down

• Once the momentum slows down

  • When the momentum slows down, look to go short to capitalize on the opportunities to make some money on the way down

• Lunchtime lull

  • Cover your shorts at the bottom, and look to go long again at what should be the relative low of the day

• Lead up to FOMC

  • Sell the majority of your long position, if not all of it, from the relative bottom to realize some gains and limit exposure in the markets during the release (Lastest sell is 1:55)

• 2 pm EST

  • Markets will go crazy. We will see an insane pump and insane dump, and then ???

• 2:30 pm EST

  • Jerome Powell will talk, assuming we have a 25bps hike, the markets should rally significantly and make people love

• After Jerome Powell speaks

  • ???

  • Momentum may last, or we will reverse from what we all hope is a relative top

  • If you are not out with your position in profit by this point, get out and call it a day with a nice lil stack of money

This is all obviously speculation and not exactly what will happen, but there is a high likelihood that this works out. Make your own decisions with what direction we are going to go today, and be smart timing your plays out.

Lots of people will get burnt trading today, and a lot of people will realize a significant amount of gains. The people who are getting burnt are trading irrationally, guessing, and a little bit unlucky, while the people who will make money today will be consistent, diligent, and a little bit lucky.

You cannot impact how lucky you will be with your position, but you can make smart decisions, time your play out accordingly, and scale in and out of your positions accordingly.

Do not get greedy while trading today, take advantage of the opportunities that are presented to you and realize some gains and enjoy some gains!

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 tough day for the general algorithm as a result of the general momentum in the markets. Individual stocks performed well and weighed heavily on the performance of $SPY, and we were not in those positions yesterday. Everything underperformed the market, which to me is not something I am happy with, but I understand that days like yesterday happen where we unfortunately underperform, but on a larger scale, our system still beats the markets by a large margin.

To get an in-depth analysis of our algorithms' performance, check out Asher’s Report!

The results of yesterday are as followed:

Baseline:

• $SPY: +0.4%

Our Results:

• Base Algorithm: -0.16%

• Variable Sector Neutral: -0.17%

• Variable Market Neutral: -0.3%

• Long-Term Portfolio: -0.35%

• Sector Neutral: -0.51%

• Market Neutral: -0.84%

With FOMC today, please be extremely careful taking on any positions blindly in the algorithm today. There is a good chance that the markets move up accordingly, which will make most, if not all, of these positions extremely profitable today. But just remember that there will be a significant amount of momentum throughout the day that will impact your position. Please be safe and only pick the positions that you have the most confidence in, and take profit on the position once you are comfortable doing so. I would not recommend you hold any of these positions through FOMC, but look to consistently enter and reenter these positions throughout the day while riding the momentum in the markets.

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 3/22/2023

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, $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 3/22/2023

• Fed interest-rate decision - 2 PM ET

• Fed Chair Powell press conference - 2:30 PM ET

Notable Earnings for 3/22/2023

Pre-Market Earnings:

• Petco Health (WOOF)

• Ollie's Bargain Outlet Holdings (OLLI)

• Winnebago Industries (WGO)

• Zhihu Inc (ZH)

After-Market Earnings:

• Chewy (CHWY)

• Braskem SA (BAK)

• Worthington Industries (WOR)

• KB Home (KBH)

• Phreesia (PHR)

• MillerKnoll (MLKN)

Wrap up

Overall, please be safe while trading today because of FOMC. Make sure to limit your general exposure but capitalize on the opportunities that are presented to you. There will be many opportunities to make a significant amount of gains in a short period of time, and there will be a significant amount of opportunities to get burnt. Be liquid and constantly cycle your positions to maximize the potential for profitability. Do what you can to realize some gains and limit your downside risk. Do not get greedy today and pray that we all watch some beautiful bullish movement today

Good luck trading today, we will need it!