HaiKhuu Daily Report - 01/15/2025
Good morning, and happy Wednesday!!! Man, this week has been flying by, but it has been a fantastic time with some great opportunities available to trade. I know that I personally have been having a great time over the previous couple of trading days, and I feel that the large majority of traders are feeling the exact same way.
Markets should only continue and heat up in the final days leading into the inauguration on MONDAY. Just a reminder: Markets are closed on Monday for MLK, so there will not be any trading during the inauguration. However, at the same time, markets will be even more fun on Tuesday. So please tread lightly on these market conditions, practice safe risk management, and make the most out of these conditions leading into this volatility event.
I am excited to see where the markets head today, so just continue to tread lightly and make the most out of the strength in these market conditions!
Good luck trading today, and let’s print some MONEY!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $587.53
Baseline Resistance: $592.21
Psychological Support: $580
Daily Cloud Resistance: $592.79
Thoughts & Comments from Yesterday - 01/14/2025
Yesterday was an absolutely wild day for the overall markets. Opportunities were amongst us, but conditions were rough as we saw lots of larger swings in the markets that made navigating with relative confidence difficult but rewarding for those who took on the risk and allocated properly.
So, we started the day with $SPY opening at $584.34. Conditions were looking good, but we watched as there was strong bullish momentum throughout the entire morning, watching $SPY go on to make the official low of the day during the lunchtime lull, trading at $578.37 before finally finding some support at that level, and rallying back during the afternoon.
At the bottom, we had many traders start to allocate long, as conditions did show signs of a reversal, and man, oh man, was there a beautiful reversal. Markets rallied back up and hit our PT perfectly, going on to make a relative high trading right below $584, before watching as $SPY quickly snapped back once again, leading into power hour trading at $580.
Thankfully, we did bounce slightly from the bottom, as $SPY went on to move up during power hour, and we officially ended the day with $SPY trading at $582.19, up $0.80 for the day, or up roughly 0.15%.
I will say, for overall movement on the day, there was no significant movement, but if you look at the markets on an intraday basis, there have been wild movements that are difficult to secure but provides us with some amazing opportunities. Hopefully, you all were able to realize a significant amount of gains with ease yesterday, and let’s see what the markets have in store for us today!
S&P 500 Heat Map - 01/14/2025
Thoughts & Comments for Today - 01/15/2025
Today, hopefully, is a better day for the overall markets, and we see a larger directional move. Despite me wanting this, I am worried that these market conditions will continue to remain unfavorable and choppy here in the short term. Anything can happen in these conditions if I am just being honest with you, but some scenarios are more likely to come up than others. So, prepare accordingly for some choppy and confusing market conditions. There will be times today when it will be difficult to allocate with confidence, despite being a great time to enter, and then there are going to be fake-out opportunities that traders are going to think are great opportunities that ultimately just end up being fake-out.
Just continue to tread lightly and prepare accordingly for choppy conditions.
I do expect to see many of you be profitable while trading today, but just know even though a large chunk of you are going to be profitable, means that some of you unfortunately will not. Please go into today with the idea that these conditions are going to be tougher to navigate in the short term, and there are going to be highly volatile moves across the board. If you are not comfortable or confident in the movement you are seeing in the markets, just tread lightly and make some smart decisions. Not making a position, is still a position, and it allows for you to allocate elsewhere in the inevitable future. Just continue to prepare accordingly for what the markets have in store for us over the next couple of weeks.
If you are looking to take on some risks today, my fair warning for all of you, is that you should look to minimize your risky exposure as quickly as possible. I am not saying that these opportunities will not be phenomenal and have the potential to generate a significant amount of realized gains for you, but at the same time, with the way the markets are looking, assuming that conditions are choppy, positions are going to be profitable, until they are not and then it is just rough navigating. So tread lightly, minimize your exposure risk, and maximize your upside potential.
For my allocations today, I will say over the previous couple of days I did have some fun with some 0-DTE contracts, but after the insanity of yesterday, I may take a slight break from them. Nothing bad happened, and no losses were generated, but it was just taking on a lot of risk, and I know how this slippery slope goes. So, I will be looking to trade some equities today and make some slower general allocations, but at the same time, there is not much I can do in the case there is a great opportunity other than take advantage of it and realize some gains.
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 01/15/2025 (ET):
Consumer Price Index - 8:30 AM
Core CPI - 8:30 AM
Empire State Manufacturing Survey - 8:30 AM
Philadelphia Fed Manufacturing Survey - 8:30 AM
Home Builder Confidence Index - 10:00 AM
Notable Earnings for 01/15/2025
Pre-Market Earnings:
JPMorgan Chase & Co (JPM)
Citigroup (C)
Wells Fargo & Co (WFC)
BlackRock (BLK)
Bank of New York Mellon (BK)
After-Market Earnings:
Synovus Financial Corp (SNV)
Concentrix Corporation (CNXC)
H.B. Fuller Company (FUL)
Home BancShares (HOMB)
Wrap up
Hopefully, this will be another great day with many opportunities to trade, but please continue to tread lightly, as I am expecting that market conditions are choppy and still difficult to navigate in the short term with relative confidence. Please practice safe risk management to protect your bottom line leading into the inauguration, but know that there are going to be some phenomenal trading opportunities that will be available.
Good luck trading, and let’s see where the markets take us!