HaiKhuu Daily Report - 02/03/2026
Good morning and happy happy Tuesday! I don’t know about you, but I am ready for some more volatility and confusion in the markets. After hours yesterday, we saw some insane prints happen on $SPY, seeing someone execute an order at $69 per share…. Let’s just joke and say that whoever was the person who sold and filled that lot most likely is not working for their firm anymore…
That singular fill resulted in technical analysis on a larger scale being impacted, where you will see levels of support drop heavily as a result. This hopefully should be fixed by the end of the day as brokerages remove that mark, but expect your technical analysis on a larger scale to show irrational marks that are not valid.
Markets are up slightly at the time of writing this report as we are inching closer and closer to a new all-time high, so I hope you are all excited to see where these conditions take us. Please, practice safe risk management today, as people genuinely are going to be confused, but others are going to be able to realize a significant amount of gains.
There is an extremely high likelihood that the markets go on and make a new all-time high today, so let’s have some fun and realize some gains today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $383.42
Baseline Support: $383.42
Psychological Support: $680
Previous ATH: $697.84
Daily Cloud Support: $675.14
(Conversion/Baseline Invalidated)
Thoughts & Comments from Yesterday - 02/02/2026
Yesterday was an absolutely beautiful day for the overall markets, but an absolutely disgusting day for those who attempted to trade on an intraday basis. I hope you all had some fun and were able to capitalize on the general strength as opportunities were consistently amongst us during that time. As long as you held strong positions or simply followed the momentum, you would have printed, and many of our traders did!
We started yesterday with $SPY looking exceptionally weak. $SPY started the day opening at $689.63, down from the previous close, but up nicely from the low during the pre-market session. The markets continued to rally through the early morning, going green for the day within the first hour of the day, and continued to rally accordingly, when $SPY finally broke above $695, and continued to trend up. It was a hectic first hour of the trading day with a significant amount of bullish momentum, but that was extremely short-lived as the markets slowed down almost to a halt after the first hour.
Things did trend up slowly heading into the first half of the afternoon, with $SPY going on and making the official high of the day, trading at $696.93, but honestly, we watched as $SPY continued to remain essentially neutral throughout the rest of the day. There were great opportunities to actively scalp and trade, including a beautiful snipe on $QBTS, alerting the perfect bottom and rotation as it rallied approximately $5 in the afternoon.
But $SPY did go on and end the day trading at $695.41, up $3.44 for the day, and roughly $6 from the open price, despite having absolutely zero momentum after the first hour of the trading day. Again, I would say those who had organizations that rallied yesterday had an extremely easy day for the markets; those who followed the trends and momentum should have printed, but those who simply attempted to watch the lack of momentum on $SPY and attempted to trade the choppy neutrality had some general difficulties. So, I hope you all were able to make the most out of the market conditions yesterday, and are ready for some more interesting times today!
S&P 500 Heat Map - 02/02/2026
Thoughts & Comments for Today - 02/03/2026
Today is setting up to be a rather interesting time. With the confusion and bullish momentum in the markets, I genuinely believe there is a high likelihood that we go on and kiss a new all-time high here in the short term. My worry going into today is that we are going to see a repeat of the previous all-time highs, where the markets trend up slightly to reach that level, and then after reaching that level, we watch as the markets come back down slowly, impacting everyone who is attempting to trade afterwards.
I’ve said this before, and I will say it again, but despite the confusion in the markets, the easiest way to generate gains on an intraday basis is to simply hold strong equities that you believe are undervalued and ride the strength and confidence. These market conditions are absolutely beautiful, and I genuinely hope that you all are excited and optimistic about today.
If you are attempting to trade, one of the biggest things to worry about here in the short term is attempting to actively scalp on an intraday basis. In the case that we see a rejection or a lack of momentum. I am going to continue to recommend never fighting the trend or scalping while momentum is weak. If an organization you are watching is not trending favorably, there is no reason to force any allocations. Forcing those allocations leads to irrational trades, which ultimately result in losses being generated.
Just make sure that you are confident in your play before the markets ultimately make their move and things turn out less favorable. All you need to do is just look back at how the markets moved yesterday. With the strength and confidence in the markets, it was almost hard to remain irrational, yet some people attempted it. All you had to do was simply watch as the markets moved up early in the morning, follow the momentum, and have a great time. Those who attempted to force a trade throughout the rest of the day either got burned by chop or theta, and no one stuck in that cycle had a good time.
So just make sure to tread lightly, practice safe risk management, and do everything in your power to realize a significant amount of gains in the safest, most consistent way possible.
Don’t do anything that would put your portfolio at risk, and honestly, don’t do anything that you are not confident in. The traders who lack the confidence or liquidity necessary to hold a position are the ones who are going to be the most likely to generate losses.
Just protect your bottom line, have an amazing time, and realize some gains today. We are treading towards that new high, so remain optimistic and excited, but keep your fists up because I am genuinely worried that the markets are going to come down as a result of this. Tread lightly, and have an amazing time today!
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:
Tech: $INTC, $RIVN , $ORCL, $NVDA, $TSLA, $AMD, $PLTR
Speculative: $PTLO, $RIVN, $CVX, $UNH
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 02/03/2026 (ET):
Job Openings - 10:00 AM
ISM Services - 10:00 AM
Notable Earnings for 02/03/2026:
Pre-Market Earnings:
PayPal (PYPL)
PepsiCo (PEP)
Merck & Co (MRK)
Pfizer (PFE)
Eaton (ETN)
MPLX (MPLX)
Archer-Daniels-Midland (ADM)
Gartner (IT)
After Market Earnings:
Advanced Micro Devices (AMD)
Supermicro (SMCI)
Chipotle Mexican Grill (CMG)
Enphase Energy (ENPH)
Amgen (AMGN), Chubb (CB)
Prudential Financial (PRU)
Mondelez International (MDLZ)
Wrap up
This should be an interesting time for the markets with everything going on at the moment. Continue to tread lightly and look for opportunities to take advantage of the discounts we are seeing in the markets. We should be able to have some fun, realize some gains, and have a wonderful time. Let’s realize some gains and see where the markets take us!
Good luck trading, and let’s have another beautiful day!