HaiKhuu Daily Report - 01/16/2025
Good morning, and happy Thursday!!! Wow, this has been a great week for the overall markets, and I hope you traders are excited about today! Markets are up slightly at the time of writing this report as we are inching closer and closer to $SPY $600. There is a chance that the markets break out from here, and everyone is going to be provided with some insane opportunities to realize gains.
This has been a great time, and I think that conditions are only going to heat up leading into the inauguration, so I hope you traders are ready for a fun time. Please, just be careful and understand the ongoing risks with allocating at this level, but understand that if the markets continue to move at the rate that they are, we are going to have an amazing time. Continue to take advantage of the momentum in the markets and make the most out of these strong conditions.
Traders should have a lot of fun leading into trading tomorrow, so protect your bottom line and have a great time!
Good luck trading today, and let’s PRINT some money!
The updated $SPY daily levels are as follows:
Conversion Line Support: $587.53
Baseline Support/Resistance: $592.21
Psychological Support: $590
Psychological Resistance: $600
Daily Cloud Support: $586.88
Thoughts & Comments from Yesterday - 01/15/2025
Yesterday, was a FLASH BANG of green. Markets were looking slightly up during the pre-market session, but once economic data came out, it was game over as we watched as $SPY broke out, and displayed a significant amount of strength in the process, and traders were able to realize gains with significant ease afterward.
So, after a beautiful breakout, we watched as $SPY opened the day at $590.27, up over $8 from the previous close, and market momentum was strong yet slow throughout the entire morning as $SPY went on to make a relative high around $593, before dropping back down leading into the lunchtime session, officially making the low of the day trading at $589.20, down slightly from the top, breaking below that $590 support level, but thankfully, it provided us with a fun opportunity to enter and secure some positions, as the afternoon was extremely strong and bullish.
After the lunchtime lull, the markets did rally back up, where leading into power hour, we watched as $SPY made the official high of the day, trading at $593.94, before coming back down slightly leading into close, where $SPY officially ended the day trading at $592.78, up $10.59 for the day, or up 1.82%. It was a relatively slower day for the markets on an intraday basis, but overall, we all should have had a phenomenal time and realized a significant amount of gains.
Congratulations everyone on an insane day for the markets, and let’s see where the markets take us from here. I am excited to see us retain this level, and hopefully, we will watch as $SPY breaks out to $600 today!
S&P 500 Heat Map - 01/15/2025
Thoughts & Comments for Today - 01/16/2025
Today is going to be another fun time for the overall markets with opportunities consistently presented to us in the process. If you are attempting to trade or realize some gains today, it appears that today is going to be a very fun day for you. Obviously, anything can happen between now and then, but at the same time, with the strength that is being displayed in the markets, there is a small likelihood, but a chance nonetheless, of $SPY breaking out and making new high-testing or possibly breaking $600. Again, this is not a guarantee that it is about to happen, but there is a chance that the markets do break out here, so whatever you do in these conditions, please just make sure that you continue to take advantage of the strength, and have an amazing time in the process!
The biggest thing to watch out for today is not fighting the momentum and making sure you are practicing safe risk management. With the way the markets are looking right now, as I said before, we are going to see some large directional moves. So in the case that we break out, don’t fight the trend, and in the case we sell off, don’t try and catch the bottom. Granted, if we are dropping across the board, look for an opportunity to take advantage of a discount in the markets. But just make sure to scale your positions accordingly, as there are going to be many traders that print money today while other traders, unfortunately, blow up their entire accounts. So be smart, be safe, and have a great time!
One organization that I do want to take a little bit of time to talk about right now is $DG. Over the previous couple of weeks, $DG has taken an absolute hit. There has been significant bearish momentum in the organization, which is totally understandable, mostly with the way they have been operating over the previous couple of years. But in my opinion, these guys are heavily oversold and this is going to be a great opportunity to purchase. ios this the bottom? No clue, we can easily continue to come down here for the next couple of days or weeks. Is this ideal? Not at all, but I believe that this is a great organization, and with enough time, it will pop off once again. If you are looking for a winning play, buying $DG and averaging in slowly is going to almost be a guaranteed win. The only issue is remaining solvent for long enough that you are profitable. Scale in slowly on your positions. Make good plays, be smart, and have a great time. Just understand that this will take a little bit of time to work out perfectly for us!
For my allocations today, I will try and have some fun in the markets and take advantage of the momentum that is going on, but in the case that I am not comfortable or confident, I will not allocate. I won’t be forcing any positions, nor am I going to attempt to purchase any 0-DTE contracts. There is a chance that I ultimately do decide to grab some 0-DTEs today, but know that at the moment, my intentions are simply to trade some equities and let my long positions continue to do phenomenally!
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, $DG, $INTC, $TSLA, $RIVN, $GRYP, $NVDA, $AMD, $AAPL
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $DG / $RIVN / $BA
Economic News for 01/16/2025 (ET):
Initial Jobless Claims - 8:30 AM
U.S. Retail Sales - 8:30 AM
Import Price Index - 8:30 AM
Notable Earnings for 01/16/2025
Pre-Market Earnings:
Taiwan Semiconductor (TSM)
UnitedHealth Group (UNH)
Goldman Sachs Group (GS)
Morgan Stanley (MS)
U.S. Bancorp (USB)
First Horizon National Corp (FHN)
PNC Financial Services (PNC)'
Infosus Technologies (INFY)
M&T Bank Corp (MTB)
Insteel Industries (IIIN)
After-Market Earnings:
J.B. Hunt Transport Service (JBHT)
Bank OZK (OZK)
RF Industries (RFIK)
Wrap up
Hopefully, we watch as $SPY breaks out and smashes above $600, and we watch as the markets continue to print us money. There are only TWO trading days left under Biden, then we get to enjoy the rest of 2025. This should be a fun time, and the days should fly, so make some smart decisions, have a great time, and let’s realize some gains together!!!
Good luck trading, and let’s have an amazing time today!