HaiKhuu Daily Report 4/14/2023
Good morning and happy Friday! This week has absolutely flown by, so I hope you all have had some fun and have realized a significant amount of gains! This has been a difficult week to trade for most but an extremely chill and quick week for many. There have been many opportunities to actively day trade, scalp, and enter into general positions, so I hope you all have capitalized on the momentum and the opportunities that have been available.
Let’s go on and kill it today, enjoy the weekend, and prepare for what is a historically very bullish week (IE, next week M-W)
Please continue practicing safe risk management, hedging, and getting into smart positions.
Good luck trading, and make sure to realize some gains!
Thoughts & Comments from 4/13/2023
Yesterday was an amazing day for the general markets, with a significant amount of bullish momentum. It was a difficult day to actively scalp, but if you were making solid day trades, you should have had an amazing time in the process of everything, with the ability to realize a significant amount of gains with relative ease.
We started the day off with $SPY trading at $409.18 as a result of a bullish movement from PPI numbers and started the day with strength. We chopped around for the first half hour of the day before the markets essentially went on an endless run throughout the entire day. The markets moved up nicely, providing us all with a solid opportunity to capitalize on the momentum and enjoy the process of actively trading throughout the day.
It was almost an endless stream of slow but very steady bullish movement that provided us with a relaxing and extremely profitable day.
Going into power hour, we watched as the markets continued to move up with relative ease, where essentially, if you bought $SPY anytime in the day and held until then, you would have been up with ease.
We ended the day with $SPY trading at $413.47, up $5.42 for the day, or approximately 1.33% from the previous close, with an intraday bullish movement of +1.04%. It was an amazing day with some great momentum that we all could have capitalized on.
Days like yesterday are the reason why I advise sometimes to take a step back from actively scalping consistently 24/7 and sitting back and making positions with confidence. I recommended against scalping yesterday as you could have easily gotten a significantly larger return with exponentially less effort. You could have scalped $SPY 10x times, been profitable 6x of the time, and could have realized some gains and stress in the process. Or… sit back, relax, hold $SPY from open, and realize a significant amount of gains doing literally nothing but timing out your entry and exiting when you were confident.
Some say slow and steady wins the race, but this is not the case. This is a case of the work smarter, not harder. Why put in 10x the effort when you can simply make better positions, sit back and relax.
Hopefully, you all were able to realize a significant amount of gains with relative ease yesterday and absolutely killed it! Let’s have some fun today and make some bank.
Thoughts & Comments for Today, 4/14/2023
Today should be a fun day to end the week. There will be many opportunities to actively day trade and scalp, but I will warn you now, please be extremely careful attempting to scalp today. I am expecting today to be an exceptionally choppy day for the markets, which results in the majority of traders having a difficult time not being able to judge the momentum. Please be smart today. Max pain is at $410, so just note this when considering trades and allocating today.
I do expect to see some bullish momentum intraday, which will provide us with many opportunities to scalp, but as I said before, it will be extremely difficult to time your position correctly. Please be smart and note that we do expect things to be exceptionally choppy today.
A safe but slow play that you can look into today, is by attempting to allocate directly into 0-DTE CSPs. It will not net you a significant amount of money while trading today, but it will provide you with an opportunity to realize some gains, which is a relative win.
In the case that the markets are coming down, look for an opportunity to allocate into strong positions and go long with relative confidence. As always, practice safe risk management and do what you can to limit risk.
Next week, as I have said before, is a historically green week for the markets, with a disproportionate amount of bullish momentum from Monday - Wednesday.
So if given an opportunity to allocate into a strong position with confidence, look to take advantage of the opportunities and make smart decisions. Scale into your position accordingly and make sure to set stops in guaranteed profit. This is not the worst time to grab equities that you anticipate exiting by Thursday next week.
Obviously, take this with a grain of salt, but we should see a significant amount of strength in the markets in the upcoming week, followed by May, which is historically a very difficult month for the markets.
Capitalize on the momentum in the markets now, and do what you can to realize 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 an amazing day for the general markets with some consistent bullish momentum, and that shows within our results. Our neutral strategies worked out as expected, our long-term portfolio that was built around safety moved up nicely but was not able to outperform $SPY, and our technical analysis beat out our fundamental analysis. Not the best show-stopping results, but I am very happy that everything across the board worked out as expected!
To get an in-depth analysis of our algorithms' performance, check out Asher’s Report!
The results of yesterday are as followed:
Baseline:
$SPY: +1.04%
Our Results:
Base Algorithm: +0.8%
Long Term Portfolio: +0.7%
Variable Sector Neutral: +0.42%
Variable Market Neutral: +0.39%
Market Neutral: -0.06%
Sector Neutral: -0.12%
One thing that I did bring up yesterday that was interesting is that the algorithm is naturally shifting more towards safety stocks at the moment in comparison to high beta stocks that would typically be recommended. For the previous couple of months, the algorithm has been consistently recommending a heavy allocation into $NVDA, while $NVDA is moving up nicely. Now those allocations are moving more toward safety stocks. This obviously is not a signal that we should all be allocating into low-beta, low-risk stocks and holding cash, but it is interesting seeing the shift in the allocations across the board with the algorithm recommending more consistent plays, and I’d highly recommend you make a mental note about this.
If you take any of these plays today, please be careful, practice safe risk management, and do what you can to limit your downside exposure. Set stops in guaranteed profit and take any free wins accordingly.
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 4/14/2023
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 , $BA , $KO , $MSFT
Free Equity List:
Safe - $SPY
Risky - $RIVN
Position Opportunities:
Continue to hold the positions you have confidence in
Set stops in guaranteed profit for any position you are in profit in
Look to start exiting positions you are comfortable with profit in
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN
Long-Term Riskier EV Play - $RIVN
Economic News for 4/14/2023
U.S. retail sales - 8:30 AM ET
Retail sales minus autos - 8:30 AM ET
Import price index - 8:30 AM ET
Import prices minus fuel - 8:30 AM ET
Fed Gov. Waller speaks - 8:45 AM ET
Industrial production - 9:15 AM ET
Capacity utilization - 9:15 AM ET
Business inventories - 10 AM ET
Consumer sentiment - 10 AM ET
Notable Earnings for 4/14/2023
Pre-Market Earnings:
BlackRock (BLK)
Citigroup (C)
JPMorgan Chase (JPM)
PNC Financial (PNC)
UnitedHealth (UNH)
Wells Fargo (WFC)
Wrap up
Overall, today will be an interesting day for the general markets providing us with an opportunity to actively realize some gains while actively day trading. Look to take risks off the table, but look to have some solid allocations to attempt to capitalize on the bullish momentum that is in the markets right now and to prepare for next week, as it is a historically very bullish week for the markets.
Good luck trading today, and I hope you all have an amazing weekend!