HaiKhuu Daily Report - 02/11/2025
Good morning, and happy Tuesday!!! Markets look relatively neutral at the crack of dawn, but these market conditions look genuinely fantastic. With $SPY less than 1% from making a new all-time high, traders should be optimistic and ready for another great day for the markets.
I am not advising you to be hyper-bullish, but realistically, we are within striking distance of making that high, so with all of the strength and economic news over the next couple of days. Assuming conditions remain optimal, we should realistically make a new all-time high. Again, I am not going to blindly say we are going to make a new high, but I am simply insinuating that we are within striking distance, and it can happen at any time. So continue to make the most out of these market conditions, and let’s have an amazing time!
Good luck trading today, and let’s print some MONEY!
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 Yesterday - 02/10/2025
Yesterday was a relatively slow yet quick day for the overall markets. Conditions on an intraday basis were extremely neutral and challenging to navigate, but it provided traders with great opportunities to generate gains, depending on where you allocated!
So, we started the day with $SPY opening at $604.00, up beautifully from the previous close, but watched as $SPY did drop off quickly, going on to make the official low of the day at $602.75 within the first half hour or so. Thankfully, the markets did recover quickly from the bottom. Markets continued to remain relatively neutral between the $604~605 range due to the confusion in the markets, but despite this, there again were great opportunities to trade and allocate accordingly.
The general markets continued to chop throughout close, not providing us with any great opportunities to allocate, but at the same time, providing traders with some fun opportunities in single-named stocks. Organizations like $NVDA continued to rally throughout the day, while organizations like $TSLA continued to, unfortunately sell-off.
We did watch as $SPY made the official high of the day at $605.49, leading into close, where we dropped off slightly and ended the day officially at $604.85, up $4 for the day, or up roughly 0.7%. I will say that it was a rather easy day to attempt to navigate, and even easier if you were simply holding strong equity positions and were able to enjoy the process.
So, we see where the markets take us today and continue to have some fun!
S&P 500 Heat Map - 02/10/2025
Thoughts & Comments for Today - 02/11/2025
Today will be a tough day to predict, but easy in the same regard. With the way that the markets are marking during the pre-market session, it would not surprise me; the same way that we saw some choppy bullish neutrality and consolidation yesterday, I am going into today under the assumption that we will be choppy and bearish today.
Is that going to happen? I have no clue; we can easily move heavily in either direction, reclaiming $SPY $600, or we can watch as $SPY goes on to make a new all-time high.
Realistically, as I said before, there is a lot that is going on, and I could honestly expect to see some difficult times to navigate, but at the same time, there are always going to be opportunities to trade and realize gains, it is just a matter of being able to capitalize on those conditions in real-time.
The biggest thing is to make sure that you are not fighting either the momentum or chop. If market conditions are not looking favorable, and we continue to chop around, that is not an ideal time to trade, unless you are extremely comfortable and confident in your ability to trade. Same thing goes for fighting the general market momentum. With great strength comes great weakness. If the markets are looking bullish, there is no reason to fight it, and if the markets are selling off, there is no reason to fight it. Wait until there is a confirmation of a reversal if you are not able to catch the general market momentum and simply adjust accordingly with the momentum.
As always, please practice safe risk management. Choppy market conditions are going to be extremely difficult to be able to trade with confidence, and will unfortunately burn many traders in the process.
For my allocations today, I will say that I do intend on actively trading, but the question is with the strength in the markets, are we going to continue to rally, or should we prepare accordingly for these market conditions and attempt to protect our bottom line? I think we should attempt to be aggressive, only during the times where it is statistically favorable to do so. Again, just be careful about chop. Trading chop is not fun, it hurts, and it gets expensive. So just think about it for a little bit.
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, $TSLA, $GRYP, $INTC, $NVDA, $RIVN, $AIFF
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN / $DG / $BA
Economic News for 02/11/2025 (ET):
NFIB Optimism Index - 6:00 AM
Cleveland Fed President Beth Hammack Speaks - 8:50 AM
New York Fed President Williams Speaks - 3:30 PM
Notable Earnings for 02/11/2025
Pre-Market Earnings:
Shopify (SHOP)
Humana (HUM)
Coca-Cola (KO)
BP p.l.c. (BP)
Leidos Holdings (LDOS)
Autonation (AN)
Ceragon Networks (CRNT)
Carlyle (CG)
GlobalFoundries (GFS)
RGC Resources (RGCO)
After-Market Earnings:
Supermicro (SMCI)
Upstart Holdings (UPST)
Freshworks (FRSH)
DoorDash (DASH)
Gilead Sciences (GILD)
Energy Transfer LP (ET)
Lyft (LYFT)
Confluent (CFLT)
Zillow (Z)
America Movil (AMX)
Wrap up
Hopefully, markets will continue to remain favorable and provide us with some great opportunities to trade and realize a significant amount of gains with relative confidence. It would not surprise me if conditions continued to strengthen, so please just remember we are in range of making a new all-time high, and you should not fight this momentum. This will be a fun day, so let’s have a great time and realize some gains!
Good luck trading, and let’s see where the markets take us!