HaiKhuu Daily Report - 02/06/2026
Good morning and happy Friday! Wow, this has been quite the week, but I am so happy that we get to at least enjoy some green during the pre-market session. Markets are up slightly at the time of writing this report, and $SPY has come back to test the $680 magnet zone. HOPEFULLY, the markets continue to rally from this point, but please, tread lightly, knowing that these conditions are volatile, irrational, and inconsistent.
I do believe there is a chance that the markets continue to move up and rally today, so in the case that there is a larger market breakout, please make sure that you are treading lightly, practicing safe risk management, but following the momentum as opportunities are genuinely going to be amongst us to realize a significant amount of gains.
We will have some fun making the most out of today. I’ll talk more about my thoughts and comments later on in the report. But for now, enjoy the confidence, and be optimistic about these market conditions leading into the day!
(This also will be a shorter report, apologies)
The updated $SPY daily levels are as follows:
(Conversion line & Baseline currently invalidated)
Psychological Support: $680
Daily Cloud Support: $676.16
Thoughts & Comments from Yesterday - 02/05/2026
Yesterday was a hectic time for traders as we watched as there was bloodshed in the markets and watched as many traders lost a significant amount in an extremely short period of time due to the general market irrationality. Conditions were difficult to navigate, but those who simply followed the trend had a genuinely great time attempting to realize some gains. I hope that anyone who generated losses yesterday did not lose anything of major significance, and I hope that some of you absolutely printed on the bear side. We’ve warned about these market conditions before, so it’s interesting seeing everything work out perfectly.
We started yesterday with $SPY opening the day down from the previous close, dropping about $5 into open. We started the day with $SPY trading at $680.92. and watched as conditions at open were weak, but provided us with opportunities. $SPY quickly rallied after open, going on and making the official high of the day, trading at $683.67, before coming back down and displaying weakness again. The market reversal was almost as quick as the rally, though, as after making the official high of the day, the markets quickly corrected, and we watched as $SPY went on and made the official low of the day, trading at $675.79 before bouncing back slightly leading into lunch.
The afternoon was a confusing time as there was so much bearish sentiment, and the momentum just continued to look bearish in the process. It was obviously less than ideal, and many traders watched as their portfolios continued to tumble slowly. Markets continued to remain mildly bearish leading into the end of the day, where $SPY went on and ended the day trading at $677.62, down roughly $9 for the day, or down roughly 1.25% overall.
So I will say that yesterday was an absolutely disgusting day for the markets, but it did provide us with some opportunities to attempt to trade during the day. Hopefully, you all were able to capitalize on the bearish momentum in the markets, and if not, hopefully you all allocated confidently into the discounts the markets were providing us, as everything is starting to move back up again! We will see what the markets have in store for us today and enjoy this irrationality!
S&P 500 Heat Map - 02/05/2026
Thoughts & Comments for Today - 02/06/2026
Now, the exciting part of this report, let’s talk about today! With the way the markets are trending and how everyone is reacting at the moment, I am extremely excited to see where the markets take us from here. There is strength and confidence in the markets, and traders are feeling more comfortable with the current market conditions. $SPY is back above the $680 resistance, commodities and crypto are moving back up, and there seems to be more calm amongst the confusion. It is fun to see how the $680 magnet zone continues to play out, but now it is time for us to hopefully move back up and have a beautiful buy-the-dip opportunity!
I am extremely excited to see where the markets ultimately attempt to take us today, but this is just a reminder that just because a pre-market session looks good, it does not mean that we are out of the woods yet. The markets can easily correct, we can quickly snap back down to $680, and we can get a single news headline that results in major selling. So please, if you are attempting to trade, do everything in your power to protect your bottom line, but at the same time, do everything in your power to make the most of this general market strength.
But, under the assumption that the markets are going to recover and continue to move up today, go on and watch the current market trends and tread extremely lightly. Higher beta plays will provide you with exponentially higher returns than attempting to play an index, but those single names are also going to expose you to the most risk. Assuming that you can tolerate that risk and are confident in the play, go into today hoping and expecting opportunities will be presented to you consistently.
Just look at the organizations that have had a difficult time over the previous couple of days. $AMD, $PLTR, and $ORCL have been smashed heavily over the previous couple of days, and as a result of that, when they eventually start to move up, just expect it to be a highly irrational and illogical entry. Scalpers will have difficulties remaining consistent if the markets remain choppy, but simply buying deep value, holding, and retaining that exposure as a day trade or swing allocation, honestly, is never a bad strategy.
Make sure that you are making some smart allocations, though, in these conditions, and make sure that you genuinely have confidence in your play.
I would bet that the large majority of traders who are looking at their positions right now, after watching these conditions and getting stopped out, got into plays that they were not comfortable or confident holding, and that, as a result of everything, impacted their performance, and most likely resulted in losses being generated while you were holding the play. So just make sure you are confident in your sizing and holding that play.
I do want to make a minor side note about other allocations that I am in the process of creating. I’ve allocated lightly into silver and Solana. I am down slightly on my silver, and down significantly more on my Solana. I obviously don’t want to lose money on either play, but I am just letting you know that I am slowly purchasing silver and that I am adding to my Solana play. Both are having an okay time right now, despite SOL looking a little bit worse, but it’s just the risks we take in these market conditions!
So just make the most out of today, have some fun, and realize some gains, because traders are all going to have an amazing time attempting to trade today. Let’s end this week strong and have a great time!
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: $AMZN, $INTC, $RIVN , $ORCL, $NVDA, $TSLA, $AMD, $PLTR
Speculative: $PTLO, $RIVN, $CVX, $UNH, $SLV
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 02/06/2026 (ET):
U.S. Employment Report - 8:30 AM
Unemployment Rate - 8:30 AM
Hourly Wages - 8:30 AM
Consumer Sentiment (prelim) - 10:00 AM
Consumer Credit - 3:00 PM
Notable Earnings for 02/06/2026:
Pre-Market Earnings:
Biogen (BIIB)
Centene Corp (CNC)
Under Armour (UAA)
AutoNation (AN)
Toyota Motor (TM)
Plains All American (PAA)
Wrap up
I’m excited to see where the markets take us today. Go into today with the hopes and expectations that the markets will provide us opportunities to trade and realize a significant amount of gains, but just remember that the irrationality and inconsistencies of the markets will make these conditions difficult to navigate and trade. Practice safe risk management, follow the trend, and just end this week strong! It will be a lot of fun, so let’s have a great time!
Good luck trading and let’s end this week strong!