HaiKhuu Daily Report - 02/04/2025
Good morning, and happy Tuesday! I hope you all are ready for another insane and confusing day for the markets because that is exactly what we are setting up for. With the movement we’ve seen in the markets, I am expecting difficulties in navigating these conditions with confidence, but as always, opportunities are going to be presented to us. Anyone who attempted to BTFD yesterday had an amazing time yesterday, so now it is just a matter of watching this momentum continue and provide us with some great opportunities to trade.
Just continue to tread lightly in these market conditions, though, as conditions are going to be wild, and we can always watch as there is a Donald Trump jump scare that impacts the markets heavily.
So, let’s see where the markets take us today, have some fun, and realize some gains today!
Good luck trading, and let’s make some bank!!!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $600.64
Baseline Support: $593.07
Psychological Support: $600
Daily Cloud Support: $594.83
Thoughts & Comments from Yesterday 02/03/2025
Yesterday was a relatively interesting day for the overall markets. We saw Donald Trump started by decimating the markets prior to being our savior, and man was that an emotional whiplash across the board. Many traders were able;e to realize gains in the process via buying the dip,. but many others, myself included, were not expecting to see $SPY break out so heavily and quickly in such a short period of time.
So, we started the day with $SPY opening at $592.66, conditions looking absolutely terrible, and watched as $SPY moved up ever so slightly, kinda rejecting the $595 resistance level, and watched as $SPY dropped quickly throughout the rest of the first hour of the day, where $SPY officially made the low of the day trading at $590.50. Conditions at the bottom really were not the best. Still, thankfully, it gave us some amazing opportunities to trade and allocate because there was news that the Mexico tariffs were delayed by a month. The markets quickly rallied from the bottom. $SPY quickly bounced roughly $7, and continued to hover around the $597 market for the majority of the rest of the day.
The markets did break out again ever so slightly towards the back half of the trading day, where $SPY ultimately went on to make the official high trading at $600.28, up beautifully from the bottom but still red for the day. Markets never officially went green for the day, unfortunately, and it does suck that $SPY rejected $600 into close, but regardless, after the bounce from the bottom, we should not be greedy. We eventually ended the day with $SPY coming down to $597.77, down $4 for the day, or down roughly 0.7%.
I will say that overall, yesterday was an absolutely disgusting day with the amount of bearish momentum and sentiment, but regardless, we were able to see a significant recovery in the process, and hopefully, you all were able to realize some ginas in the process of everything. So, let’s enjoy today and see where things go from here!
S&P 500 Heat Map - 02/03/2025
Thoughts & Comments for Today - 02/04/2025
Today is setting up to be a toss-up of a day for the overall markets. We are down slightly during the premarket session, but conditions are looking good, and traders are optimistic after what we saw in the markets yesterday. With the movement we are seeing, it wouldn’t surprise me in the case we continued to see strength and opportunity; the real issue is again coming back down to the idea that the markets will remain consistent and have momentum-based movements. Realistically, those are going to be the best days for the markets, but with the new management, it's difficult for the majority of traders to remain comfortable, knowing that at any time, we can get into a trade war and watch as the markets dive as a result.
It would not surprise me if we had a day full of chop and neutrality after the movement we’ve seen in the past two trading days, as the markets enter some sort of “consolidation” before ultimately picking a direction.
I still think that this is a great BTD opportunity, though, because I am naturally bullish in these market conditions, but now it is just a question of where you allocate and how much risk you want to take. You can obviously always trade $SPY shares and receive a minimal return, or you can gamble on some $SPY 0-DTE contracts and pray that everything works out perfectly for you by close. I wouldn’t recommend anyone to actively gamble their port, mostly on the days that I personally am feeling iffy on, but at the same time, it is simply life and the markets.
So please continue to tread lightly and practice safe risk management. Traders are going to have an amazing time, and the unlucky traders are going to be extremely upset with themselves. So, just continue to protect your bottom line, knowing what the markets can do in an extremely short period of time after witnessing a politician actually do something.
For my allocatyions today, I do intend on trading, but I am going to be relatively more passive. I only want to take the trades that I am extremely confident in, but I still will be looking out for opportunities for you all consistently around the board. So we will see where the markets take us, and if we have a fun opportunity to gamble, I will let you all know!
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, $PLTR, $INTC, $AAPL, $TSLA, $RIVN, BTC , $GRYP, $BABA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $DG / $BA
Economic News for 02/04/2025 (ET):
Job Openings - 10:00 AM
Factory Orders - 10:00 AM
San Francisco Fed President Daly Speaks - 2:00 PM
Notable Earnings for 02/04/2025
Pre-Market Earnings:
PayPal (PYPL)
Spotify Technology (SPOT)
Pfizer (PFE)
Merck & Co (MRK)
PepsiCo (PEP)
Regeneron Pharm (REGN)
Estee Lauder (EL)
Ferrari (RACE)
Enterprise Products (EPD)
Marathon Petroleum (MPC)
After-Market Earnings:
Advanced Micro Devices (AMD)
Alphabet (GOOGL)
Google (GOOG)
Snap (SNAP)
Chipotle Mexican Grill (CMG)
Enphase Energy (ENPH)
Amgen (AMGN)
Electronic Arts (EA)
Juniper Networks (JNPR)
Lumen (LUMN)
Wrap up
Hopefully, markets only continue to rip and rally throughout today. I’d love to see another quick breakout in the markets and watch as $SPY does reach a new all-time high. I want strength across the board, but that is not what we are seeing right now. So tread lightly, practice safe risk management, and just have a lot of fun in the process!
Good luck trading, and let’s see where the markets take us today!