HaiKhuu Daily Report 3/27/2023
Good morning and happy Monday traders! I hope you all have had an amazing weekend and are prepared for what is going to be an extremely exciting week for the markets! Markets are looking relatively strong at the moment as the result of a strong futures open continuing through the night, and $SPY is up almost 1% at the time of writing this report!
This will be a great day for the general markets, so let’s remain positive and hope that this trend continues! Good luck trading today, and good luck trading this week! Let’s make some BANK!
Thoughts & Comments from 3/24/2023
Last week was an extremely interesting week for the general markets. There was significant economic news, volatility, and opportunities to realize a significant amount of both gains and losses. If you traded optimally, you should have had zero issues in the short-term trading and realized some gains, but if you had difficulties, last week would have been difficult. FOMC heavily impacted the markets and provided us with an amazing opportunity to trade. If you look at the report made on Wednesday, you would have seen that anyone who was actively reading our reports was spoonfed the opportunity to perfectly trade. I hope you all were able to capitalize on everything we talked about in the Discord, as we were all able to actively realize a significant amount of gains navigating the markets in the proper way.
Friday itself was a BEAUTIFUL day in the markets. We saw a consistent amount of bullish momentum despite the markets opening red for the day. We opened on Friday with $SPY trading at $391.82 and watched as it chopped around significantly throughout the day. The first thing the markets did, was come down to make the official low of the day, with $SPY trading at $389.40, breaking that $390 support level and faking some people out. We moved up ever so slightly, back above the open price afterward, before testing the low of the day again.
After we tested the low of the day going into the lunchtime lull, we watched as the markets continually moved up throughout the entire afternoon with strength and confidence to end the day. Power hour brought a significant amount of relative strength into the markets. Just like Wednesday, where we made new lows of the day into close, we made new highs of the day until close.
The official high of the day on Friday was $SPY trading at $395.83, and we closed the day with $SPY trading at $395.75, up $2.58 for the day or approximately +0.66% from Thursday’s close, with an intraday bullish movement of 0.98%, while the long term portfolio we built had an intraday bullish movement of +1.90%.
It was an amazing run to end the week strong and provided us with an amazing opportunity to realize some gains. The markets moved up a little over 1% overall throughout the entire week but down -0.02% if you only take into account intraday movements. Hopefully, you all were able to kill it with relative ease trading last week and were able to realize a significant amount of gains!
Let’s have fun trading today!
Thoughts & Comments for Today, 3/27/2023
Today should be a fun day for the general markets. With $SPY up significantly after an interesting futures session, it is nice seeing that the markets are relatively strong and will have confidence. There is a lot of confidence in the markets today despite us being in fear, on the fear and greed index. Capitalize on this momentum when given an opportunity to do so. There will be many opportunities to trade today and utilize leverage to increase your profitability. I would not recommend you take on more risk but look to increase exposure and as always, make sure to set stops on all of your positions.
I personally still recommend that the majority of traders who are not above PDT to allocate into smart equity positions at these current levels slowly and hold, but assuming you are above PDT and actively love scalping and day trading, go crazy today, but do not overtrade, but take the positions you are able to enter with relative confidence and do not force an opportunity because you want to trade.
Lots of people will get faked out today, not due to market conditions, but as a result of general doubts in their abilities. Do not let your emotions impact your decision-making today. If you are confident in your position today, set a stop in guaranteed profit and let your position run accordingly. If you set a stop loss on a position and it triggers, let go of the position and find a new trade to replace it. Not every trade you make today will be a winner, but there will be many opportunities to find positions today.
Do not get greedy with your gains today. You can easily and consistently find solid positions that you are able to allocate into with confidence and let the money come in. Once you are happy with a PT or the amount of gains generated, let the position do its thing, sell and realize your profits. If the markets stop you out, do not FOMO back in until you are confident of a confirmation of a reversal that you can capitalize on.
Be rational with the positions you will enter today, and look to actively trade and realize some gains when given an opportunity to do so. Practice safe risk management and increase exposure to maximize the amount of gains. Increase exposure while decreasing risk, and as always, do not forget to set a stop loss.
If you want to watch any of my allocations, they will be posted live in the HaiKhuu Discord.
HaiKhuu Proprietary Algorithm Report:
Last week was a relatively tough week for the markets, but thankfully our algorithms, despite the not optimal trading conditions, absolutely decimated the markets! Our fundamental analysis outperformed our technical analysis, while everything else remained relatively neutral. I wish we were able to create significantly larger gains in the short term, but at the same time, beating the markets on a consistent basis is always a win!
The results of last week are as followed:
Baseline:
$SPY: -0.02%
Our Results:
Long-Term Portfolio: +0.31%
Base Algo: +0.24
Variable Market Neutral: +0.23%
Variable Sector Neutral: -0.05
Sector Neutral: -0.15%
Market Neutral: -0.16%
With market conditions being more optimal going into open today, look to take advantage of the current conditions and allocate heavier to some of these alerts today. As always, please do your own due diligence prior to any entries at open, and make sure to practice safe risk management and take profits when happy. Set a stop in guaranteed profits to limit downside risk and increase your limits when given an opportunity to do so! Lots of these alerts will provide you with an amazing opportunity to realize some gains in the short term, so cherry-pick your favorites and run with them!
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 3/27/2023
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 3/27/2023
Fed Gov. Jefferson speaks - 5 PM ET
Notable Earnings for 3/27/2023
Pre-Market Earnings:
Express (EXPR)
BioNTech (BNTX)
H World Group (HTHT)
After-Market Earnings:
PVH Corp (PVH)
Noah Holdings (NOAH)
Excelerate Energy (EE)
Gold Royalty Corp (GROY)
Wrap up
Overall, please take advantage of the short-term opportunities and momentum in the markets. With there being short-term confidence while the markets are in this fear state, we can expect some significant green movement when the markets go green. So be smart with your positions, realize as many gains as possible, and capitalize on this bullish opportunity in the markets.
Good luck trading today, and let’s make some bank this week!