HaiKhuu Daily Report 7/19/2023

Good morning and happy Wednesday! This has been an extremely fast week, but the intraday movements have felt extremely slow. Hope you all are excited about today, we have continually hit new 52-week highs on the markets and this has been an amazing opportunity for almost everyone involved in the markets. Continue to follow the momentum in the markets, don’t fight any trends, and do what you can to maximize your profit potential in these conditions. Lots of people will have a difficult time trying to be bullish and allocating long in these market conditions, but that is not a worry at all. If you are hesitant about being hyper-bullish but want to capitalize on this momentum, look to actively day trade and scalp. Assuming conditions remain optimal and you make some smart decisions in the process, you should not have a problem attempting to day trade.

We have a lot of earnings during the pre-market session, and some very significant earnings after hours today, so be on the lookout for those if you are attempting to trade. Do not fight any trends unless you have a confirmation of a reversal in the markets, nor attempt to do anything that would jeopardize your portfolio. Practice safe risk management, and look to continually trade throughout today.

I’ll bring up some ideas on how to allocate into the markets here later in the report, but for now, just continue to be smart and make good decisions, and you’ll be just fine!

Good luck trading today and let’s make some bank!

Thoughts & Comments from 7/18/2023

Yesterday was an interesting day for the markets with a significant amount of bullish momentum that could have been easily capitalized on. To start the day out, $SPY opened up trading at $450.50, and came down slightly, to make the official low of the day trading at $450.06. After testing support, we watched as there was a significant amount of confidence in the markets that continued to push throughout the entire day. $SPY moved up accordingly and continued up with confidence throughout the entire morning.

The lunchtime lull hit the markets, and we watched as the market momentum slowed down significantly and started to come down until we saw the news about $MSFT launching an“AI Copilot” resulting in $MSFT pushing up approximately $20 and bringing significant bullish momentum back into the markets.

$SPY continued to push up as a result of this news, and as a result, we continued to hit new 52-week highs in the process, leading a significant amount of bears to have an extremely difficult time.

Going into power hour, the markets continued to move up with confidence, as $SPY hit the official high of the day, and a new 52-week high right before close, making a staggering high of $454.86, and watched as we came down slowly into close.

We ended the day with $SPY officially closing the day beautifully green, at $454.19, up $3.35 for the day, or up approximately 0.74% from the previous close, with an intraday bullish movement of +0.81%. It was an absolutely insane day for the markets that provided us all with many great opportunities to actively trade and realize some gains. I hope you all were able to take advantage of the momentum in the markets and had a great time in the process! Great job trading yesterday and let’s go on and continue to kill it trading today!

Thoughts & Comments for Today, 7/19/2023

Today should be another confusing day for the general markets. There is still a significant amount of confidence in the markets and will continue to have confidence in the short term. We have $TSLA and $NFLX earnings today after hours, so their movement today will really impact people’s ability to trade with confidence, and after-hours is going to be heavily impacted as a result of this movement. Hopefully, production numbers are amazing on $TSLA, and $NFLX subscribers are up, or else other organizations are going to be heavily impacted like $RIVN, $F and $GM for autos, and $DIS / $ROKU for streaming services.

Please be careful you are attempting to trade or allocate into the markets today, but if you are looking to trade, follow the momentum in the markets and look to play tech stocks throughout the day as they will provide you with the highest potential for return.

It will be extremely risky playing $TSLA and $NFLX today intraday, so I would not recommend you attempt to trade these specifically, but I would highly recommend that in the case that they are breaking out, or selling off, to look at the things that would typically move in correlation to them (The stocks I brought up before), and in the case that they are lagging behind, you can look to play those in the direction of the movement.

I personally am going to be hesitant on attempting to trade today unless I see some significant movement in the markets that I know I can capitalize on with relative confidence right now, as these market conditions are extremely strong, but will provide choppy market conditions that will make trading difficult and extremely inconsistent.

A couple of organizations I may look to day trade are $AMD, $MSFT, and $AAPL. None of these organizations should go crazy today, and I would love to capitalize on some bearish momentum with $MSFT after the movement up it had yesterday, but it is just a matter of timing out allocations and practicing safe risk management in the process of everything.

I have started to scale out of $DRI for liquidity and will be possibly looking to reallocate some of that capital into $MAT, as I personally am anticipating a significant movement up on Monday, as a result of headlines popping up in regards to the Barbie moving exceeding expectations.

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 algorithm. If you look at the intraday performance, you’ll see that the base algorithm was consistently outperforming the markets by a sizeable margin at open and continued that way until around lunchtime, where we see that the algorithm’s allocations were slowed down, and came down while the markets continually moved up at that time. This is an interesting thing that happened and it looks like the drawdown was a result of some of the allocations in the long-term portfolio. As you all know what I say, C’est la vie, it isn’t the worst situation to be in as the results could have been substantially worst, but it would be nice if they were significantly better.

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

The results of yesterday are as followed:

Baseline:

• $SPY: +0.81%

Our Results:

• Base Algorithm: +0.37%

• Variable Market Neutral: +0.14%

• Long-Term Portfolio: +0.01%

• Variable Sector Neutral: -0.1%

• Market Neutral: -0.28%

• Sector Neutral: -0.44%

With market conditions being blindly optimal at this moment, just please continue to be safe in these conditions, and do your own due diligence prior to entering into any of these positions. As always, the larger allocations have significantly more confidence in them. Look to allocate to stronger organizations like $MET, and $COST today for the most secure returns from this list. Practice safe risk management and set a stop in guaranteed profit to secure your gains!

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 7/19/2023

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, $MAT , $DIS, $MSFT , $NVDA, $TSLA, $AAPL

Position Opportunities:

• Ride the momentum in the markets

• Set stops in guaranteed profit for any position you are in profit in

• Cut all positions you are not comfortable holding

• Exit positions you are comfortable taking profit on

LONG OPPORTUNITIES:

• Long-Term Dividend - $GAIN

• Long-Term Riskier EV Play - $RIVN

Economic News for 7/19/2023

• Housing Starts - 8:30 AM ET

Notable Earnings for 7/19/2023

Pre-Market Earnings:

• Ally Financial (ALLY)

• Baker Hughes (BKR)

• Goldman Sachs (GS)

• Haliburton Company (HAL)

• Nasdaq (NDAQ)

• Citizens Financial Group (CFG)

After-Market Earnings:

• Equifax Inc (EFX)

• International Business Machines (IBM)

• Kinder Morgan (KMI)

• Netflix (NFLX)

• Tesla (TSLA)

• United Airlines (UAL)

• Steel Dynamics (STLD)

Wrap up

Overall just be smart while trading today, follow the momentum in the markets, and capitalize on the opportunities that are presented to us. These conditions are primed to continue to move up as there is a significant amount of confidence in the markets, but we will see what happens in the short term. Just make some smart decisions and do what you can to maximize your profits in the short term while this irrational confidence is in the markets.

Good luck trading, and let’s have some fun today!