HaiKhuu Daily Report - 03/02/2026
Good morning and happy Monday! Wow. War headlines again, who would have expected that!
I hope you all had a wonderful weekend and are ready for what is going to be an absolutely VOLATILE time for the markets!
With all of the headlines flying around right now, you should be nervous yet optimistic going into today. I’ll talk more about this later on in the full report, but with war news and headlines flying around, we are going to see some quick bleeding, as well as some beautiful rallies, so please continue to make the most out of these trading conditions and volatility, but tread extremely lightly, as traders are genuinely going to have a difficult time.
Prepare for irrationality in the markets throughout the rest of this week, and know that, genuinely, anything can happen in a short period of time.
$SPY is hovering in the $680 range at the time of writing this report, and I am assuming that by open, we are going to see significantly more confusion and a confirmation of a directional move.
Please, protect your bottom line, and prepare accordingly for the volatile week we have ahead of us!
Good luck trading this week, because we are going to need it!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $684.73
Baseline Resistance: $686.81
Psychological Resistance: $680
Daily Cloud Resistance: $684.99
Daily Cloud Support: $673.47
Thoughts & Comments from Last Week
Last week was a turbulent and rather disgusting time for the overall markets. Conditions could have been stronger, and there were opportunities to actively trade, but many had difficulties throughout the week. There were beautiful opportunities to allocate long, and some insane opportunities to short; it all just came down to how you allocated, where you allocated, and when you allocated. Everyone had the opportunity to make life changing gains last week, the question is, did your life change at all?
So, we started last week with $SPY trading at $687.79. Market conditions were strong to start off the week, but we watched as that confidence was extremely short-lived as we dove on Monday, and went on to sell off approximately $10, going on to make the official low of the day, testing $680. Conditions Monday were gross, but watched as on Tuesday, $SPY went on to make the official low of the week at $680.00, before going on a beautiful rally leading into Wednesday, where the markets quickly gapped up, and $SPY went on to make the official high of the week, trading at $693.68, before starting to come back down.
Thursday is where the major shift happened, as $SPY was looking exceptionally strong and officially started the day trading at $693.28, but watched as conditions quickly sold off, and we experienced the worst selling of the entire week. $SPY then dropped off, selling all the way down to $684.35, breaking below all levels of support on the daily, before everyone came to the realization that the markets were oversold, and $SPY recovered nicely, and rallied approximately $5 from the bottom, recovering, and breaking back above the previous daily resistance levels.
Everything was looking great, until the markets decided to create another gap on the daily, snapping back down into close on Friday, as $SPY dropped another couple of dollars leading into the end of the week, and watching as $SPY continued to slowly chop around, making trading extremely difficult and inconsistent for the large majority of traders. $SPY opened the day at $683, meaning $SPY dropped about $6 from the close on Thursday, and recovered $3 slowly throughout the day.
Conditions on Friday were gross overall, but did allow us opportunities to trade on an intraday basis, so I hope you all were able to make the most out of these market conditions and realized some gains in the process.
We officially ended the week with $SPY trading at $685.99, down about $2 from open on Monday, and watched as the markets provided us with a more difficult time to trade, but hopefully you were all able to realize a significant amount of gains during the confusion and volatility. Opportunity was consistently presented to us through the week, and again, I genuinely hope you were able to realize some gains and make the most out of last week. Now it is for us to see what the markets have in store for us this week, and have a great time in the process!
S&P 500 Heat Map - 02/27/2026
Thoughts & Comments for Today - 03/02/2026
Today is going to be an extremely difficult and irrational day for the overall markets. With the way that everything is setting up during the pre-market session, I genuinely hope you all are prepared for what could be an absolutely disgusting day for the markets.
You all know me, and know that I like to remain as optimistic as possible about any general situation, but this is going to be one of those times that I am going to be more rational and cautious. I've brought up before that this time of year is where the markets typically start to trend down; if that is true or not, it's a different story, but I’ve noticed over the previous couple of years, leading into the end of Q1, we see some general bearish sentiment, mostly coming from external news.
Hopefully, the war headlines we are seeing right now is not a repeat of what we saw back in 2021-2022, because for those who were trading around that time, know exactly what I am talking about. We watch as the markets continue to remain extremely strong, continue to make new highs, only to watch as the markets do unfortunately and inevitably come down.
I am not saying that is what is happening right now, nor am I saying that we are going to watch as the markets drop 20-30-40% in the next couple of days, but please, tread lightly. Many active traders do not know how it feels to watch as the markets truly come down. Sure, you might see some fear in the short term as a result of DJT saying something and watching as people get offended, but not many people remember how deadly it is watching as $SPY drops 3-4% day over day, over the course of six months and watching as organizations like $NFLX drop 80%, $NVDA dropping 50-60%, and many many more.
So again, I am NOT saying that we are going to dive from here, but my biggest warning to all of you is to remember to practice safe risk management, and to do everything in your power to mitigate the risks that you are taking in today’s day and age.
The best of traders and the worst of traders should have no problems attempting to trade today, the question then becomes, how confident are you in your ability to navigate this volatility, and how comfortable are you taking on the risks and heat of the exposure.
Ideally, the markets don’t go crazy nor display overly bearish signs here in the short term, and only provide us with a beautiful buy-the-dip opportunity.
I mean, currently $SPY is trading in the $680~ magnet range. Assuming all of this war news starts to blow over, it would not surprise me to watch as the markets move back up as a result of less uncertainty, and the decrease in uncertainty will result in buying confidence, resulting in the markets moving up from here. So please, just continue to tread lightly and practice safe risk management, as many traders will genuinely be confused and remain confused during this time.
Be smart, protect your bottom line, but please, take advantage of the opportunities presented to us in these current market conditions!!!
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: $INTC, $RIVN , $ORCL, $NVDA, $TSLA, $AMD, $PLTR, $NFLX
Speculative: $PTLO, $AIFF, $IONQ
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 03/02/2026 (ET):
Manufacturing PMI - 9:45 AM
ISM Manufacturing - 10:00 AM
Notable Earnings for 03/02/2026:
Pre-Market Earnings:
Berkshire Hathaway (BRK.B)
Norwegian Cruise Line (NCLH)
ADT Corporation (ADT)
Sealed Air Corporation (SATS)
Echo Star Holding (SATS)
Kaspi.kz (KPSI)
Venture Global (VG)
After Market Earnings:
Riot Platforms (RIOT)
Credo Technology (CRDO)
BigBear.ai ( BBAI)
Plug Power (PLUG)
MongoDB (MDB)
Life360 (LIF)
ThredUP (TDUP)
Asana (ASAN)
Wrap up
I know that I am personally very excited to see where the markets go today. Again, I gotta warn you that war news is scary, but the buy the dip opportunity will be beautiful. The question is, where is the bottom going to be, where do we see a reversal, and how strong is that reversal going to be? We will make the most out of these market conditions, and do everything in our power to realize a significant amount of gains in a short period of time. Let’s have some fun today, and do what we can to make the most of these conditions!
Good luck trading, and let’s see where $SPY takes us this week!