HaiKhuu Daily Report - 02/03/2025
Good morning, and happy Monday!!! I hope you had a wonderful weekend and are ready for a terrible time for the markets. I don’t know if you all remember, but I remember saying last week that the fear is not over and that Deepseek was not the reversal I was quoting when predicting the movement post trump election, but I think that now we are starting to see that “correction” that I was talking about.
As bad as this sounds, look to buy the dip, but understand that the markets are getting slaughtered slowly to hurt as many people as possible. Please tread lightly on these market conditions and slowly look to buy the dip. Traders are going to have a great time attempting to trade, but at the same time, people will consistently be slaughtered today due to the ongoing risks of attempting to allocate and the general market momentum.
Again, I do not believe that this selling is necessarily over and can easily trend throughout the day, so please continue to tread lightly and protect your bottom line.
Good luck trading today, and let’s realize some gains!
The updated $SPY daily levels are as follows:
Conversion Line Support: $602.71
Baseline Support: $593.07
Psychological Support: $600
Daily Cloud Support: $594.93
Thoughts & Comments from January
This has been an incredible year, and it is only the beginning of the year. We have had some fantastic opportunities to trade and an even better time. Many traders have been generating some life-changing money, while others are, unfortunately, generating some life-changing losses. Opportunities have been presented to realize many gains in a volatile market.
So, we started the year with $SPY trading at $584.64. Conditions were good, and people were excited towards the end of 2024, which showed in the markets. In the first week of 2025, markets continually moved up, making a relative high around $595~, before dropping back down to test $580 before Trump was inaugurated, and then the rest has been history.
Markets continued to rally beautifully throughout the first week of the Trump presidency. $SPY made its all-time high, trading at $610.78. Everyone realized significant gains, and traders were presented with a fantastic opportunity to trade and realize gains comfortably and confidently.
Last week on Monday, is where conditions started to get a little bit sketchy. We got news that a Chinese quant fund, with $6M, apparently created an AI that is so powerful and beats chatGPT so harshly that $NVDA and the markets quickly wiped over $1T, creating some panic in the process. Thankfully, markets continued to move up and recover last week, and then man on man was Trump, making market conditions extremely volatile.
We day the first of two Trump comments that heavily impacted the markets. On Thursday, we watched as $SPY dropped heavily but thankfully recovered. Then we watched as Trump caused $SPY to sell off roughly 1.5% throughout the final hours of the day on Friday, where we ended January with $SPY trading at $601.82, up $17 for the year, or up roughly 3%, despite conditions not looking the best.
The next couple of weeks are going to be highly volatile, as I have warned you all, and the next four years will be filled with these Donald Trump jump scares. I hope you all are ready for what will be a tough day for the markets and what could be a continuation of a downtrend for a little bit. Let’s see where things go, and have a great time. So, let’s have some fun.
S&P 500 Heat Map - January 2025
Thoughts & Comments for Today - 02/03/2025
Today, if I am going to be honest with you, is going to hurt a lot of people. $SPY has gapped down and is testing the daily baseline support. Traders are scared, and we are getting into fear on the fear and greed index. Traders are going to get hurt, but as expected, opportunities are going to be consistently presented to us to trade and realize gains with relative confidence. The hard part is getting to the point where you have confidence again.
Just know this dip is valid, but it will provide us with an amazing opportunity to buy the dip. It would not surprise me if the markets rebounded quickly, but the question before that is, how far will the markets drop, and where do we ultimately reverse? No one has a good answer for that, unfortunately, but thankfully, at the same time, we can be rational and do what we can to maximize our profit potential.
What I will say about the tariff news is that the impact from it is relatively minimal, in my opinion. Mexico’s economy is dependent on us as a country, with roughly 80% of its exports coming directly to the US, while roughly 75% of Canada’s exports go to us, while estimates state that only 0.35% of our GDP will be impacted by these Mexican tariffs. I do believe that what is going on in the markets at the moment is unfortunate and many traders will unfortunately perish as the markets move irrationally, but that is unfortunately just a part of the markets.
All you have to remember, though, is that this, in reality, is going to be a short-lived downtrend, and my exact same sentiment remains extremely valid. We watch as the markets pump early within the Trump presidency, we watch as he slaughters some traders, and then ultimately, at the end of the day, go on and watch as the markets ultimately reverse and rally beautifully, providing us all with an amazing opportunity to realize gains and trade.
For my allocations today, I will say that I do not intend on going into the day planning on trading,. but just know that realistically, depending on where the markets ultimately take us, I will be doing what I can to maximize my profit potential and just have some fun. RGains should be realized with absolutely zero problems; now, again, the big question is where the markets ultimately stop dropping and when people can purchase again with confidence.
Tread lightly, practice risk management, and be rational as others are acting irrationally in these 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, $NVDA, $INTC, $AAPL, $TSLA, $RIVN, BTC , $GRYP, $BABA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $DG / $BA
Economic News for 02/03/2025 (ET):
Manufacturing PMI - 9:45 AM
ISM Manufacturing - 10:00 AM
Notable Earnings for 02/03/2025
Pre-Market Earnings:
Alliance Resource Partners (ARLP)
IDEXX Laboratories (IDXX)
Saia (SAIA)
Tyson Foods (TSN)
Twist Bioscience (TWST)
Johnson Outdoors (JOUT)
Lavoro (LVRO)
After-Market Earnings:
Palantir Technologies (PLTR)
Kyndryl Holdings (KD)
RBB Bancorp (RBB)
Clorox (CLX)
Physicians Realty Trust (DOC)
BellRing Brands (BRBR)
Rambus (RMBS)
Cabot (CBT)
Flexsteel Industries (FLXS)
J & J Snack Foods (JJSF)
Wrap up
Hopefully, market conditions will lighten up soon, and we will not see an irrational amount of selling between the time I am writing this report and the time that the markets close by the end of the day, but regardless of everything, please continue to tread lightly and practice safe risk management. There is no reason why you should be generating a significant amount of realized losses today, so protect your bottom line, be smart, and BTFD. Many traders will get hurt today, so do not feel like you will be the only one hurt. So, let’s see where the markets take us and go from there.
Good luck trading this week, and let’s realize some gains!