HaiKhuu Daily Report - 01/02/2025
Good morning, and WELCOME TO THE FUTURE! Welcome to 2025, this is going to be a great year with many opportunities to trade and realize a significant amount of gains, in an extremely short period of time. Hopefully you all had a wonderful New Years Eve, and an even better New Year’s Day full of rest and relaxation.
This is going to be a wonderful year for the markets that hopefully will provide us with many great opportunities to trade, invest, and realize a significant amount of gains, so let’s make the most out of this trading year, and have some fun in the process!
I know that I personally am extremely excited about 2025, and I hope that you all are too!
Good luck trading this year, and let’s have a great time!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $593.66
Baseline Resistance: $594.99
Psychological Resistance: $600
Daily Cloud Resistance: $592.79
Thoughts & Comments from 2024
Last year was an absolutely amazing time for the overall markets. Conditions were strong, opportunities were amongst us, and it was almost hard to generate losses. It was filled with many all-time highs and many organizations did phenomenally. It was in my opinion, a record breaking year.
So, we started 2024 with $SPY trading at $472.65. Conditions were looking great at the start of 2024 as we watched as the markets were rallying during Q3 of 2023, and watched as conditions only continued to remain strong, providing us with the beginning of what was an amazing year.
It only took a couple of weeks for $SPY to watch $SPY go on and break $500 for the first time, during February, and the rest was history. Markets continued to trend up throughout the entire year, having minor set backs including weak conditions in April resulting in $SPY breaking back below $500 for the first time after breaking above that support on speculation we were headed into a recession, $SPY selling off roughly 10% during the summer, and slowing down in October, but despite this, opportunities continued to present themselves across the board.
We continued to make new all-time highs throughout the entire year, making the official all-time high trading on December 6th, 2024, when $SPY was trading at $609.07.
Market conditions did weaken during the final weeks of the year, with markets stagnating at the $600 resistance level, leading into the FOMC’s decision to lower interest rates. The decrease of the rates were not the causation of the markets selling off, but the statements made speaking about the future speculations on the rates caused us to drop.
Markets ultimately dropped into the end of the year, selling off once again on New Years Eve, but we ended the year with $SPY trading at $586.08, up $113.43 for the year, or up roughly 24%.
I will say that last year was an amazing year for the markets with opportunities consistently presented to us. I hope that you all had a wonderful time and realized a significant amount of gains in the process. There were definitely ups and downs in the process, but regardless, life moves on and so do the markets. So let’s see where these conditions take us in 2024, and just have an amazing time. Let’s see where things go in 2025, and make the most out of it!
S&P 500 Heat Map - 2024
Thoughts & Comments for Today - 01/02/2025
Today hopefully is going to be an aamzing way to start the year. At the time of writing this report, market conditions are not looking the worst, as BTC has been moving up, signalling that retail sentiment is relatively stronger leading into the new year. I am excited to see where the markets take us today, and I hope that you all are hyped about this too. I am expecting to see a lot of volatility and inconsistentent movements in the markets today, but at the same time, with the confidence in these conditions, mostly after the selling we saw the other day, we should see an interesting recovery.
One thing that I am confused on and will be watching out for today has to be $TSLA. Over the weekend, there was headlines that a cybertruck caught on fire in front of the Trump hotel in Vegas. On initial sentiment, it seems that this is a terrible situation, as ten people were hurt in the process and one died, but then in reality, after Elon and his team audited what happened, it appears that the trunk of the vehicle was actually filled with Gasoline and fireworks to cause the explosion. Again, I will say it is unfortunate that this happened, and more unfortunate that bystanders were hurt in the process, but this went from a terrible headline that traders should be stressed about, to being less stressed and concerned.
So, how do you navigate this movement on $TSLA? Before I say anything, I will say again that this is not financial advice nor a signal to buy or sell any positions, but in reality, I think that this is going to provie us with an amazing opportunity to simply buy the dip. NOTHING has changed within the fundamental operations of Tesla, and the fire that caused the explosion did not originate from Tesla. With that aid though, I am still expecting people to attempt to sell their position around open for safety, and that will provide you with an amazing opportunity to trade and realzie gains in the process. Regardless though, it is simply life and a part of the markets, it’s unfortunate that this happened, but now we should look for opporutnities to capitalize on what happened. If you want to take on some risk, short Tesla, but then wait for a confirmation of a reversal towards the upside, to buy the dip, and watch it rip.
For my allocations today, I will say that I still do not intend on allcoating too much in these conditions as I am away from my desk at the moment, and am allocated rather deeply at the moment, but at the same time, I do want to capitalize on the confusion going on with Tesla at the moment. So if you are following my positions, just be on the look out for a possible breakout with Tesla today, and do not fight the trend. Wait for a confirmation of direction prior to allocation, and just continued to remain smart in these market conditions.
If I see any opportunities, or if I decide to get into any other plays, I’ll announce what I see in the HaiKhuu Discord.
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, $TSLA, $RIVN, $BA, BTC, $GRYP, $AIFF, $AMD, $INTC
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $BA / $DG
Economic News for 01/02/2025 (ET):
Initial Jobless Claims - 8:30 AM
Construction Spending - 10:00 AM
Notable Earnings for 01/02/2025
Pre-Market Earnings:
No Earnings Scheduled
After-Market Earnings:
Lifecore Biomedical (LFCR)
Resources Connection (RGP)
Wrap up
Again, happy new years traders! 2025 is going to be an amazing time and hopefully continue to provide us with amazing opportunities to trade and realize a significant amount of gains in the process. Please just make sure to practice safe risk management and realize a significant amount of gains in the process. It should be a great time not only today, but throughout the rest of the year, so let’s see what this year has in store for us!
Good luck trading, and let’s start this year strong!!!