HaiKhuu Daily Report - 02/05/2025

Good morning, and happy Wednesday!!!! HUMP DAYYYYYYYY.  Market conditions are going to be fun today as there is a significant amount of confidence leading into today, but that is how you know conditions are going to be tough to navigate, but going to be exciting with many great opportunities to trade.

Please continue to tread lightly in these market conditions and minimize the amount of risk that you are taking, but at the same time, we are at a place where you should look to take on some more risk in these conditions to provide yourself with opportunities to trade and realize gains. There is no reason why you should not be able to realize gains, so just make some smart decisions, and let’s have some fun. 

Good luck trading today, and let’s realize some gains!!! 

The updated $SPY daily levels are as follows:
Conversion Line Support: $600.64
Baseline Support: $593.07
Psychological Support: $600
Daily Cloud Support: $594.67

Thoughts & Comments from Yesterday 02/04/2025

Yesterday was a beautiful day for the overall markets. There was continued strength throughout the morning and relatively choppier conditions towards the afternoon. Traders could have easily realized gains throughout the day, and many thankfully did! It was a great day for the markets, reclaiming significant support and confidence!

So, we started the day with $SPY opening relatively black from the previous close, opening the day at $597.82, but watched as $SPY easily and quickly rallied throughout the first hour of the day, and went on to make a relative high leading into the lunchtime lull trading right below $602. Conditions were excellent throughout the morning, but we did watch as $SPY quickly dropped back slightly to test $600 only once after breaking above that resistance, and we watched as conditions continued to get stronger throughout the afternoon.

Leading into the back half of the trading day, all of the losses that were generated by the quick selling event was recovered, and $SPY came back to trade at $602~, making the official high of the day trading at $602.30, before continually chopping around leading into close, where we officially ended the day with $SPY trading at $601.78, up $4 for the day, or up roughly 0.7%.

I will say that yesterday was a fantastic day for the markets, with opportunities to realize gains across the board. Many traders had a wonderful time, and many gains were realized, so let’ ssee where the markets take us today, and realize some more gains!

S&P 500 Heat Map - 02/04/2025

Thoughts & Comments for Today - 02/05/2025

Today is going to be a confusing time for the markets. Traders want to be confident, but at the same time, there is going to be a lot of weakness that is being generated as a result of the earnings last night, general sentiment, and the fact that the previous couple of days have been tough to navigate, but with that all said, there is a reason why the markets are acting the way that they are, and there is a reason why I am incredibly confident that the best traders should be able to realize gains today with relative ease. 

Markets can easily continue to rally, and we are within striking range of making a new all-time high. I would not bet that it happens today because that is relatively unrealistic, but anything can happen in these market conditions. It would not surprise me if we had a large directional move in either direction, but I feel it is much easier to be bullish with a BTD mentality than hoping that the markets come down. It is hard to remain bullish in these confusing times, but as I have constantly said over the past couple of weeks, a skittish bull will perform better than a confident bear. 

Just again, as always, make sure to practice safe risk management. With the way the markets are set up, many traders will be confused, conflicted, and have a lot of difficulty allocating into the markets with confidence. If this is you, genuinely do not feel bad or stressed, as most traders think the same way. Only the confident and incompetent are comfortable in these conditions. Either you understand the conditions and know how to navigate, or you are blind to the conditions and are navigating happily. Other than those two sets of traders, most other traders are confused but optimistic. So capitalize on that optimism and realize as many gains as possible! 

I do believe that there will be some great opportunities to trade both $AMD and $GOOGL today, either by attempting to sell some CSPs around open, or look to scalp and allocate into equity towards what is the “bottom”. $AMD beat both measures of earnings but is down roughly 9% at the time of writing this report, while $GOOGL slightly missed revenue but beat EPS, resulting in another 8% drop. This is not ideal for either organization, but as a result, it will provide us with an excellent opportunity to trade, allocate, and capitalize on the weakness. 

For my allocations today, I am interested in actively trading $AMD today. I may attempt to allocate long into the organization, but as I have said before, the $80~ range is where I am the most confident in trying to allocate into $AMD long. Until then, I will still do what I can to attempt to trade and capitalize on the organization without having to hold a long position. I am thinking of either scalping the organization's shares or trying to sell CSPs against the company to capitalize on the bearish momentum that is generated. I don’t know where I will allocate just yet, but I will by the time markets are open, and I’ve had time to reflect on the pre-market momentum of the organization! 

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, $AMD, $GOOGL, $TSLA, $NVDA, $INTC, $DG, $GRYP

LONG OPPORTUNITIES:

• Long-Term Dividend - $GAIN / $JEPI

• Long-Term Investment - $INTC / $RIVN / $DG / $BA

Economic News for 02/05/2025 (ET):

• ADP Employment - 8:15 AM

• Trade Deficit - 8:30 AM

• Richmond Fed President Tom Barkin Speaks - 9:00 AM

• Chicago Fed President Goolsbee Speaks - 1:00 PM

Notable Earnings for 02/05/2025

Pre-Market Earnings:

• Uber Technologies (UBER)

• Walt Disney (DIS)

• Novo Nordisk (NVO)

• Equinor ASA (EQNR)

• Boston Scientific (BSX)

• Aurora Cannabis (ACB)

• CDW Corp (CDW)

• Old Dominion Freight Line (ODFL)

• Stanley Black & Decker (SWK)

• Yum! Brands (YUM)

After-Market Earnings:

• Ford Motor Company (F)

• Arm Holdings (ARM)

• QUALCOMM (QCOM)

• Symbotic (SYM)

• O'Reilly Automotive (ORLY)

• Impinj (PI)

• Align Technology (ALGN)

• DHT Holdings (DHT)

• AFLAC (AFL)

• Allstate (ALL)

Wrap up

Hopefully, we watch as market conditions strengthen and provide us with some amazing opportunities to trade and realize gains. It would not surprise me in the case that markets did ultimately break out, but it all comes down to the fact that at any moment we might get a Trump jump scare in either direction. So continue to tread lightly, practice safe risk management, and do what you can to maximize your profit potential!!!

Good luck trading, and let’s see where the day takes us!