HaiKhuu Daily Report - 02/28/2025
Good morning and happy Friday! Man, this week has flown by, and market conditions are just disgusting. I hope you all survived the previous trading days because this has been disgusting. Market conditions only worsen as market conditions are coming down, and traders are having a challenging time. These conditions will be amazing for those who can capitalize on them, but at the same time, with the confusion and conflicts that are going on right now, many traders will get slaughtered.
So, if you are a newer trader, please tread extremely lightly and practice safe risk management. We are due for a reversal in the markets, but the real question is, when is that happening? No one genuinely knows, but all that matters is that this will be an interesting time.
If you are an experienced trader, this market movement is not a surprise; we’ve seen movements like this before and will continue to see movements like this again soon. Just follow accordingly, make some smart decisions, and have some fun. I am very excited to see where the markets are headed, so be smart, be safe, and realize some gains.
Good luck trading today, and let’s see a market reversal!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $598.95
Baseline Resistance: $598.95
Psychological Resistance: $590
Daily Cloud Resistance: $588.48
Thoughts & Comments from Yesterday - 02/27/2025
Yesterday was a disgusting day for the overall markets, and man, oh, man, were conditions tough. We saw a significant amount of bearish momentum quickly in the markets, and man, did traders unfortunately get burnt hard as hell in the process. Many bearish traders printed like no tomorrow, while others got burnt. It all comes down to where you ultimately allocated and when you allocated.
We started the day with $SPY, which honestly looked alright. We opened the day at $596.82, slightly up from the previous close, with strong bullish confidence early in the morning. $SPY did move up to make the official high of the day, trading at $598.02, before quickly starting its downtrend, and then we watched as $SPY remained relatively neutral, chopping and maintaining a tight range between $593~595.
Once in that range, conditions were not that good in any way, shape, or form, and consistently chopped, making allocating extremely difficult for most people for the large majority of the day. Things only started to heat up during the back half of the afternoon as $SPY was slightly green for the day and then displayed a significant amount of weakness. $SPY went from trading at $595, to continually making new lows of the day, selling off extremely heavily leading into close, where we made the official low of the day with $SPY trading at $584.65, and ending the day with $SPY trading at $585.05, down $9.50 for the day, or down 1.6%.
I will say that yesterday was a disgusting day for the markets, but it provided many traders with opportunities to allocate, trade, and realize gains. Hopefully, you all captured some realized gains from the market's bearish momentum and enjoyed the entire process. Traders could have had a great time, but it depends on how you allocated and where you took profits. Regardless, many opportunities were missed yesterday, so let’s see what happens today!!!
S&P 500 Heat Map - 02/27/2025
Thoughts & Comments for Today - 02/28/2025
Today is going to be a massive day for the markets. There is a significant amount of economic news during the pre-market session. Markets are feeling extremely fearful. With the way things are setting up, this is either going to be an amazing day with some insane opportunities to trade and realize gains, or we are going to watch as the market continues to accelerate and trend down until ???.
Hopefully, the selling is over, but we will not know that the selling is over until the end of the trading day, once the selling is over and we have fully recovered.
Again, I still believe that this is extremely risky, but it will play out well. But look to buy the dip. I am not recommending that you over-allocate or not practice risk management. Still, you should look into actively trading in these market conditions as there will be a significant amount of volatility that goes into this, ultimately impacting your ability to realize gains comfortably and confidently.
Look to find the “hidden gems” in the market. You want the heavily undervalued organizations that provide you with an opportunity to trade to take full advantage of these market conditions. A great quote, like right now, is “Buy when there is blood in the street, even if it’s your own blood”. As long as you are purchasing shares from an organization you are in love with and feel extremely confident purchasing at this price, then just continue to purchase shares. As long as you believe that someday in the future, the value of this fundamentally solid organization will be higher than the price per share is today. I would consider that a winning play, but then the question is, will you remain solvent enough to hold? That is a different discussion for a different time.
Just continue to find opportunities. I have started and continued to purchase $RIVN shares during this dip and will be waiting to enter into $INTC again at $19~21 a share. When I get long positions, they will most likely be in the “$1M account” and will be called out as an entry before hitting its price target, so once it is within range, we can enter with confidence.
But again, just please make sure to practice safe risk management. Traders have been slaughtered due to these market conditions, and the difficulty comes down to the imperfect market conditions. Confident and comfortable traders will be able to realize gains with no problem, but that does not mean conditions will be easy to navigate. These conditions are extremely tough, but the best traders will show themselves during times like these.
For my allocations, I am extremely excited to trade today. With the way the markets are setting up, I am slightly nervous about these market conditions. Still, at the same time, I want to take advantage of the opportunity that is coming to us and capitalize on an irrational amount of bullish momentum. If you could not tell, I am slightly biased, but that is how you know I am honest about my thoughts on these conditions. We will see what happens, and hopefully, the bearish momentum will slow down, but we will see how everything works at the end of the day!
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 02/28/2025 (ET):
Personal Income - 8:30 AM
Personal Spending - 8:30 AM
Core PCE Index - 8:30 AM
Retail Inventories - 8:30 AM
Wholesale Inventories - 8:30 AM
Existing Home Sales - 10:00 AM
Consumer Sentiment - 10:00 AM
Chicago Fed President Goolsbee Speaks - 10:15 AM
Notable Earnings for 02/28/2025
Pre-Market Earnings:
fuboTV (FUBO)
AES (AES)
Chart Industries (GTLS)
Alpha Metallurgical (AMR)
Global Partners (GLP)
Wrap up
Hopefully, markets can recover during this time, giving you an excellent opportunity to trade and realize some gains. Obviously, anything can happen at this point, and we can easily continue to trend down. $580 is within the realm of possibility. Still, ideally, we can see some beautiful face-ripping momentum due to both economic news and strong market sentiment, resulting in a recovery. Regardless, please tread lightly and practice safe risk management in these conditions.
Good luck trading, and let’s end this week strong!!!