HaiKhuu Daily Report - 02/10/2025
Good morning, and happy Monday! Wow, I do not know about you all, but I am extremely upset about the Super Bowl yesterday. Very underwhelming and such a blowout of a game. I hope you all had a wonderful time attempting to enjoy that game, but I know for a fact that the Eagles Fans had an amazing time, and the Chiefs fans had an unfortunate time. Regardless, it is simply life and a ball game, and we are here for the markets, so let’s have some fun.
Markets are looking alright during the pre-market session. Organizations are up slightly, but nothing of any major significance. I do believe there are opportunities for the markets to break out from this point, but at the same time, I do believe that many traders are also going to have general difficulties attempting to trade today due to the underlying volatility in the markets right now.
This is going to be a difficult time to navigate with confidence, but opportunities are going to consistently present themselves to realize gains, so please continue to tread lightly and practice risk management in these conditions, but at the same time, realize gains with both comfort and confidence!
There are a LOT of major economic events happening this week, including one of the most active weeks for earnings and consistent economic data.
CLICK HERE for our weekly preview!
Good luck trading today, and let’s uh…. not get rolled over like the Chiefs did today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $600.23
Baseline Support: $593.07
Psychological Support: $600
Daily Cloud Support: $594.32
Thoughts & Comments from Last Week
Last week was an extremely interesting time for the markets, and man, we had some fun! We got news about the tariffs, resulting in the markets dropping heavily, with $SPY going from testing a previous all-time high to testing major daily support literally overnight, dropping almost $10 to start the week off extremely fun. Many traders could have printed last week and provided us with some genuinely great opportunities. I hope you all had some fun and were able to realize some gains!
So, we started last week with $SPY opening at $592.50, looking relatively gross and watching as many traders were scared, but that provided us with an absolutely insane buy-the-dip opportunity as the markets quickly rebounded from the bottom and easily continued to rally from the bottom, providing us with some amazing opportunities to trade and realize some gains. Anyone who purchased at the low of the week should have been extremely happy.
Markets continued to trickle up throughout Thursday, providing us with extremely slow and choppy bullish momentum. Still, bullish momentum continued providing us with beautiful opportunities to trade and allocate confidently. We watched as $SPY did go on to make the official high of the week on Friday, trading at $608.13, meaning there was over a $10 difference from the low of the week to the high, and then watched as $SPY dove throughout the rest of Friday, killing many traders quickly in the process.
$SPY dropped roughly $8 from the top on Friday, ending the week with $SPY trading at $600.77, down $5.55 on Friday but up $8 for the entire week. It was an easier week for the markets if you were holding strong positions that did well, but many people did have an unfortunate time attempting to trade as the chop was deadly. I will say that despite the disgusting selling that occurred on Friday, I do like that we were able to retain above-the-daily conversion line support.
We will see where the markets take us this week and realize significant gains. Let’s see where things go, and have some fun!
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 02/10/2025
Today is going to be an interesting day to start the week. If I am being honest, I do not have a good read on the current market sentiment leading into today. As a result of Friday, traders are burnt and not feeling the best, but after the pre-market movement, traders are going to be optimistic, so this is a conflicting and confusing time for a sentiment read. If you look at BTC, you will see general strength over the previous 12~ hours, but at the same time, anything can shift the second the markets up, and we should all tread extremely lightly knowing the amount of risks that are involved while attempting to trade at this time.
The biggest thing to just do is to continue to practice safe risk management. With what is going on at the moment, there is a lot of intraday volatility, sudden movements that are not accounted for, and choppy conditions that are difficult to navigate with confidence. I would be surprised in the case that conditions are not choppy, but at the same time, I am under the expectation that many traders are going to have a tough time trying to navigate these conditions.
If you are not confident allocating into the short term markets due to the choppy conditions or volatility that is going on right now, my recommendation for you is to look to take slower timeframe trades, IE swing trades and investments, or look to sell option premium. I will be planning on hosting a couple of classes over the next couple of weeks talking about scalping, swing trading, options selling and much more, so please be on the look out. But for now, if you are not well-versed in selling option premium, check out our education tab in the discord and read up on it. Premium is expensive and there are many positions that are going to be phenomenal to attempt to allocate into long, so take advantage of that weakness.
Just continue to tread lightly though during a Trump presidency, as I have said before, there is a significant amount of volatility that comes with a Trump presidency, including random jump scares to the markets, hits against organizations that Trump is not a fan of, and difficult times to navigate. This is not a political comment, nor should be constructed as such, but is more so just a statement of the markets under Trump leadership. Be careful as trump is not just throwing a wrench into the gears, he’s dumping out the entire tool box.
For my allocations today, I intend to scalp equities throughout the day, but I do not intend to gamble actively or grab 0-DTE contracts. I got burnt betting yesterday on the Chiefs, and I am not trying to burn myself again attempting to allocate into 0-DTE’s today. But, if an opportunity does present itself, I will do what I can to make the most of it. It all comes down to the intraday volatility and where the markets take us from there.
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, $INTC, $GRYP, $NVDA, $RIVN, $DG, $TSLA, $AMD
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $DG / $BA
Economic News for 02/10/2025 (ET):
None Scheduled
Notable Earnings for 02/10/2025
Pre-Market Earnings:
McDonalds (MCD)
monday.com (MNDY)
onsemi (ON)
Tower Semiconductor (TSEM)
Incyte (INCY)
Edgewell Personal Care (EPC)
Rockwell Automation (ROK)
Hain Ceslestial Group (HAIN)
GCM Grosvenor (GCMG)
CNA Financial (CNA)
After-Market Earnings:
Astera Labs (ALAB)
Fluence Energy (FLNC)
Axcelis Technologies (ACLS)
Medpace Holdings (MEDP)
Amkor Technologiesn (AMKR)
Mitek Systems (MITK)
Watts Water Technologies (WTS)
Arch Capital Group (ACGL)
Arrowhead Pharmaceuticals (ARWR)
PennatPark Floating Rate Capital (PFLTT)
Wrap up
Hopefully, market conditions remain favorable and provide us with insane opportunities to trade and realize some gains. It would not surprise me in the case that we watched as the markets broke out this week on strong economic news and provided traders with confidence, but at the same time, it would not surprise me in the case that we do watch as the markets get shot and sold off. Regardless, make the most of these conditions, have some fun, and realize some gains. Remember that I am not trying to scare anyone again, but I am expecting difficult situations to navigate. So tread lightly and have some fun!
Good luck trading, and let’s start this week strong!