HaiKhuu Daily Report - 01/14/2025
Good morning, and happy Tuesday! Wow, these market conditions over the previous couple of days have been insane, with volatility, choppy conditions, and directional movement.
$SPY has filled the gap on the daily, but is still below the daily cloud support. These conditions will be confusing, but thankfully, opportunities will consistently be presented to us over the next couple of days leading into the inauguration. This is news to me, and I am sure it is news to many of you seeing this, but just a reminder that the markets are CLOSED on Monday for MLK day, which happens to be the same day as the inauguration.
No promises, but I will do what I can to try and get the inauguration streamed for us and will host a watching event. Regardless of everything, though, I am very excited to see where the markets end up taking us today, and I am very excited to see what happens over the next couple of trading days.
Please continue to tread lightly and practice safe risk management leading into the elections, as I expect to see some significant gains. Still, at the same time, I am expecting to see overall choppy conditions. So please tread lightly, practice safe risk management, and realize some gains!
Good luck trading today, and let’s have some fun!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $587.53
Baseline Resistance: $592.21
Psychological Support: $580
Daily Cloud Resistance: $584.75
Thoughts & Comments from Yesterday - 01/13/2025
Yesterday was a choppy yet beautiful day for the overall markets. Conditions were tough to navigate, but there was strength and bullish momentum throughout the entire day with opportunities to short. However, there was an overall relatively strong recovery trend as everything lost was thankfully recovered.
So, we started the day with the markets opening down significantly. $SPY opened at $575.75, down roughly $5 from the previous close, but was matched with strong momentum from the bottom. $SPY continued to trickle up leading into the lunchtime lull, but if I am being honest with you, trading conditions from open until lunch were relatively choppy; watching as we broke out multiple times but was unfortunately sold off, but thankfully, the afternoon did provide us with significantly better conditions that could have been extremely easy to capitalize on.
During the back half of the trading day, markets increased and became stronger. Markets were looking strong, and we watched as $SPY continued to trend up slowly throughout the entire afternoon, recovering everything lost during the pre-market session. We led into power hour with $SPY being black for the day.
Power hour was relatively uneventful as we did remain relatively in the same area, but thankfully, there was some slightly bullish momentum in the final 10 minutes of the day, where $SPY went on to make the official high of the day trading at $581.75, and we watched as $SPY ended the day trading at $581.39, up $0.90 for the day, or up 0.16%.
It was a relatively more straightforward day to attempt to navigate on a larger scale, but I will say that it was a difficult day to capitalize on. Many traders were able to recover the majority, if not all, of the losses that were incurred throughout the day by close, but man, was that a gross overall day. Again, there were opportunities to trade, but it wasn't easy to find many of those plays with certain confidence that would provide any substantial return, regardless. It is simply just life and the markets. I hope you all had a wonderful time actively trading yesterday, and let’s see what the markets have in store for us today!
S&P 500 Heat Map - 01/13/2025
Thoughts & Comments for Today - 01/14/2025
Today SHOULD be a fun time for the markets—emphasis on SHOULD.
With the way that the markets are setting up, traders were going into yesterday skeptical as a result of the bearish momentum we saw during the pre-market session, but by the time markets closed, the fact that we fully recovered provides us with a significant amount of confidence that we should capitalize on. The pre-market session is looking great, and I believe that many traders are going to be optimistic as a result of everything that is going on right now.
I do want to warn you all, though, that I am expecting to see some more bearish and choppy sentiment in the markets coming from higher-level traders, but that is going to be expected at these levels.
Please just continue to practice safe risk management and protect your bottom line. If these conditions are choppy or you are in a position that does not have momentum, just continue to be smart with where you decide to allocate because getting into a losing play that you have confidence in is the catalyst for an account-shattering event.
I will say that I am expecting today to be a relatively easier day for the markets. Simply just look to follow the momentum in these larger mega-cap companies and do not fight any trend. Traders should have a lot of fun watching and allocating into $TSLA today, and if you do not have the capital required to allocate into $TSLA, then look to allocate into $RIVN, which should move in sympathy with $TSLA today.
For my allocations, I do intend on taking on some fun allocations throughout the day in the form of equity scalps and 0-dte gambles. Still, I will primarily be more focused on scalping equities in organizations like $RIVN today. Still, I will take advantage of any opportunities that are presented for me to be able to get into a 0-dte contract regardless of direction. So, we will see where the markets take us today and have some fun!
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, $INTC, $DG, $NVDA, $AMD, $TSLA, $RIVN, $GRYP
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $BA / $RIVN / $DG
Economic News for 01/14/2025 (ET):
NFIB Optimism Index - 6:00 AM
Producer Price Index - 8:30 AM
Kansas City Fed President Jeffery Schmid speaks - 10:00 AM
Fed Beige Book - 2:00 PM
Notable Earnings for 01/14/2025
Pre-Market Earnings:
No Earnings Scheduled
After-Market Earnings:
Applied Digital Corporation (APLD)
Calavo Growers (CVGW)
Wrap up
Hopefully, this will be another quick day for the markets without any unexpected turns or events. We only have four days until the inauguration, so just continue to survive and take the most out of these conditions. Please practice safe risk management and just be smart with both your allocations as well as what you ultimately decide to trade. Do not fight the momentum; just continue having fun in these market conditions!
Good luck trading, and let’s see where $SPY takes us!