HaiKhuu Daily Report - 02/27/2025
Good morning, and happy Thursday!!! Markets are slowly starting to show signs of a recovery, but conditions here in the short term are still not looking great. Please continue to do what you can to tread lightly in these conditions and make smart decisions. There has been significant volatility across the board, providing traders with opportunities to realize gains and have some fun.
I will say that $NVDA had unfortunate earnings, where they did move up slightly but did not cause any significant movement that could have been capitalized on with genuine confidence, so please tread lightly if you intend on trading $NVDA today. Opportunities will present themselves, but please continue to tread lightly on these conditions. Many option traders who attempted to allocate into earnings will experience IV crush at open.
We were all hoping that $NVDA would be the saving grace of the markets, but honestly, it can still be a possible saving grace.
Best of luck to everyone who will attempt to trade today, and good luck to anyone who was holding any option contracts in $NVDA overnight, as those positions are unfortunately dead.
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $601.40
Baseline Resistance: $601.40
Psychological Resistance: $600
Daily Cloud Support: $589.71
Thoughts & Comments from Yesterday - 02/26/2025
Yesterday was a tough day for the markets due to the overall movement. Still, despite conditions not being ideal, we did have many great opportunities to capitalize in both directions, realize gains, and have a great time! Traders should have realized gains if they had attempted to trade yesterday, and that was part of the fun that was incurred.
So, we started the day with $SPY opening at $596. Conditions were looking pretty good as we continually ripped from open, constantly making highs in the process, pushing for roughly the first two hours of the day, leading into the lunchtime lull, conditions were good as $SPY was hovering between $598-$600, and we watched as $SPY pushed to make the official high of the day at $599.57, and rejecting $600 during the lull. Conditions were not ideal in any way, shape, or form, but thankfully, traders were again provided with strong bullish momentum, and we watched as there was a confirmation of a reversal that we alerted perfectly at the top, signaling traders to get out and signaling bearish traders to get in. And man, oh man, was that a perfect play.
Markets slowly started to trickle in the afternoon, coming down from the neutrality during lunch, and we watched as $SPY quickly dropped approximately $8 from the top, going on to watch as $SPY made the official low of the day, trading at $591.88. Conditions at the bottom were not ideal in any way, shape, or form, but they provided us with a great opportunity to BTD again. Anyone who attempted to catch a falling knife in the process got burnt, but thankfully, if you were stubborn enough, you should have been able to come back completely fine as $SPY did recover slightly into close.
We officially ended the day with $SPY trading at $594.54, up $0.30 for the day, or up roughly 0.05%. Conditions were not perfect, but thankfully, we could at least remain green overall on the day. We were red intraday, but that is simply just life. Hopefully, you all were able to survive the crazy volatility of yesterday and made the most out of the opportunities that were available to us!
Today is going to be a fun day, so let’s realize some gains and have a great time!
S&P 500 Heat Map - 02/26/2025
Thoughts & Comments for Today - 02/27/2025
Today should be a good day for the markets. I am incredibly hopeful for this at this point, and understand that anything can happen, but regardless of everything, here goes my thesis. With the way the markets are setting up, with the general strength and opportunity that is being provided to us, I am seeing short-term weakness, overall market strength, and an insane opportunity to buy the dip. Yes, there is major economic news that is coming out both today and tomorrow to consider when considering this for the general market movement. At the same time, you should continue to do what you can to maximize your profit potential. I believe this is an amazing opportunity being presented to us traders, but the question is how are YOU seeing these conditions. Are you seeing them as rough, challenging, and a terrible time? Or are you doing what you can to remain comfortable and confident in these conditions and taking advantage of the weakness. All I will say, without attempting to be rude, is there will be winners and losers in these market conditions, and no offense to the losers, but I think we all are in a great spot to make the most out of these market conditions.
Just continue to practice safe risk management, make smart allocations, and have confidence not only in the current market conditions. With how the markets look, if you are not attempting to purchase strong organizations on the dip, I do not know what you are doing. Continue to find strong, fundamentally solid organizations that are heavily undervalued here in the short term due to some major BS in the current operations, which will inevitably one of these days recover from. That is a great way to continue to capitalize on these market conditions and remain solvent.
If you are buying, as I said, there are a couple of criteria, and the biggest one is that if you are attempting to allocate, do not allocate where the sheep are headed. Everyone is looking at $NVDA, $AAPL, and $MSFT as they are the megacaps that have had a tough time over the previous couple of weeks. Is it necessarily a bad addition? No, not at all. Purchasing those strong organizations on a dip is what I would consider a win, but at the same time, the hidden gems are what I believe will perform the best. Just tread lightly and be careful when attempting to allocate into any organization that is higher beta, overvalued, or highly speculative. It is a lot easier buying confidence than buying with confidence.
For my allocations today, I do want to gasmble knowing that $NVDA was not the death of the markets, but now it comes down to the opportunities that are available to us, the timing of the play, and how the markets look. I may get into some 0-DTE calls, but it all comes down to how comfortable and confident I will be with navigating these conditions in real time. If I am not feeling confident, I won’t take advantage, but in the perfect case scenario, we get to have a lot of fun and realize some gains today!
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, $GRYP, $NVDA, $RIVN, $F, $TSLA, $AAPL, $MSFT
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $RIVN
Economic News for 02/27/2025 (ET):
Initial Jobless Claims - 8:30 AM
Durable-Goods Orders - 8:30 AM
GDP - 8:30 AM
Pending Home Sales - 10:00 AM
Cleveland Fed President Beth Hammack - 1:15 PM
Notable Earnings for 02/27/2025
Pre-Market Earnings:
Vistra (VST)
Norwegian Cruise Line (NCLH)
GEO Group (GEO)
Gray Television (GTN)
Warner Bros Discovery (WBD)
Viatris (VTRS)
TD Bank (TD)
PENN Entertainment (PENN)
TechnipFMC (FTI)
Bath & Body Works (BBWI)
After-Market Earnings:
SoundHound AI (SOUN)
Dell Technologies (DELL)
Rocket Lab USA (RKLB)
Duolingo (DUOL)
Autodesk (ADSK)
Mosaic (MOS)
NetApp (NTAP)
Rocket Companies (RKT)
HP (HP)
Life360 (LIF)
Wrap up
Hopefully, market conditions remain strong today and provide us with opportunities to trade and realize a significant amount of gains. Please be optimistic today as not bad $NVDA earnings are good $NVDA earnings. The fact that $NVDA did not take is an absolute win, so look to take advantage of the strong market conditions and the short-term weakness and make sure to tax everyone else in the process. This will be a fun day with many great opportunities, so…
Good luck trading, and let’s see $SPY back above $600!