HaiKhuu Daily Report - 03/05/2025
Good morning, and happy Wednesday!!! I hope you are ready for more volatile market conditions because this will be a LOT of fun. Market conditions are looking strong during the pre-market session, and now, it is just a matter of being able to capitalize on these conditions, realize some gains, and have some fun.
I am warning you all that these conditions will be volatile and challenging. Many opportunities will be presented to us to realize a significant amount of gains, but many losses will be generated at the same time. Please be careful when navigating these market conditions, and just do what you can to make some smart decisions. I do not see a reason why the markets cannot realistically recover from this point, but despite the upside potential, we should still do what we can to remain relatively solvent when trading. Limit that downside risk and exposure, and make good decisions while trading.
This will be a beautiful day for us with lots of great opportunities to trade, so good luck trading today, and let’s realize some gains!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $591.97
Baseline Resistance: $592.74
Psychological Support: $560
Psychological Resistance:$580
Daily Cloud Resistance: $593.07
Thoughts & Comments from Yesterday - 03/04/2025
Yesterday was an extremely confusing yet beautiful day for the overall markets. Conditions were volatile, there was movement in every which way, and traders were presented with some absolutely amazing opportunities to trade and realize some gains. Hopefully, you all could capitalize on the market momentum because it was difficult but extremely profitable if you were lucky enough to trade confidently.
So, we started the day with markets looking terrible. $SPY was trading at $579.62, and traders were confused and conflicted. Markets were looking extremely weak after the selling on Monday, and we watched as $SPY only continued to worsen, continually selling at open, going on to make the official low of the day with $SPY trading at $572.25.
Market conditions were disgusting at the bottom as conditions were difficult to navigate. Markets were down heavily from the top, and there was no confidence in any way, shape, or form, but that is when magic struck the markets. $SPY quickly went from the official low of the day to rallying $13 throughout the afternoon to make the official high of the day at $585.39.
Conditions at the top were fantastic, but that is when things started to get volatile. In the final half hour of the trading day, $SPY quickly went from the official high of the day, to dumping approximately $9 in the process, selling off heavily, and officially ending the day at $576.86.
Overall, $SPY had a $13 range from the top to the bottom and had over $30 in extremely large movements that could have been capitalized on yesterday, but it is simply life. If you could capture some of the beauty in the markets, congratulations on the gains, but I can say that again, many traders were unfortunately sliced around a little bit yesterday. Regardless, it is simply life. We will see where the markets take us today and have some fun in the process!
S&P 500 Heat Map - 03/04/2025
Thoughts & Comments for Today - 03/05/2025
Today is setting up to be a beautiful day for the markets. Yes, that has been said before, and yes, Trump has jump-scared us multiple times over the previous couple of days, but we are at a point in the selling that has occurred that we need to bounce. There will be significant volatility, but remember, as we have been saying. Look to buy this dip. Scale in slowly, and purchase some great organizations at a discount. It may not be easy to find specific positions confidently in real time. Still, at the same time, if you simply look hard enough to find an organization that you are in love with, you will be able to capitalize on these market conditions quickly, by simply sitting back, relaxing, and watching as everyone is freaking out an panicking.
It would not surprise me if the markets quickly rallied up, but at the same time, it would not surprise me if the selling continued. I believe that we are at the lower end of our sell-off range, but that could be quickly reset or disregarded as a whole. But just remember. Everything looks nasty and terrible in these market conditions until they don’t, and everything rallies stupidly hard, taking many traders by surprise. So, do not sleep on these conditions.
I will say that I am not advising you to be overly aggressive in these conditions. Still, you should simply look to scale into fundamentally solid organizations at a price that you are confident in holding and simply ride the market momentum. I am sure that you all have heard me say over the previous couple of months that $RIVN at $10-12 and $INTC at $19-21 is a fantastic range to purchase both of those organizations, and both of those target ranges have been hit, and hit almost perfectly.
So, I am not saying this is a recommendation to allocate into either $RIVN or $INTC, but simply do what you can to find a strong position that you are confident in purchasing and holding in these market conditions, and then simply do what you can to maximize your profit potential. Scale in slowly to manage your risk, and get the best possible average on your position. Conditions are going to be extremely difficult to navigate, but at the same time, we are in a place where we should realistically do what we can to continually capitalize on these conditions.
For my allocations today, I will say that I intend to trade and take on risks, but at the same time, with the way that the previous couple of days have gone down, I feel like my sentiment has been the same. I do intend on trading. I do NOT intend to take on a significant amount of risk. Then, the markets present me with an insane opportunity that I SIMPLY CANNOT PASS UP. So, we just take it how it is. I’ll attempt to trade and allocate today, and if there are some opportunities that I simply cannot pass up while trying to allocate in these market conditions, then I’ll take on some risk. But until then, we sit back, relax, and vibe!
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, BTC, $GRYP, $NVDA, $RIVN, $INTC, $TSLA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN
Economic News for 03/05/2025 (ET):
New Home Sales - 10:00 AM
Atlanta Fed President Speaks - 12:00 PM
Notable Earnings for 03/05/2025
Pre-Market Earnings:
Abercrombie & Fitch (ANF)
Foot Locker (FL)
OppFi (APFI)
Stratasys (SSYS)
Arbe Robotics (ARBE)
Campbell Soup (CPB)
Dine Brands (DIN)
Global Ship Lease (GSL)
THOR Industries (THO)
Daktronics (DAKT)
After-Market Earnings:
Marvell Technology (MRVL)
Zscaler (ZS)
MongoDB (MDB)
Veeva Systems (VEEV)
Victoria's Secret & Co (VSCO)
GeoPark (GPRK)
LandBridge (LB)
LendingTree (TREE)
Yext (YEXT)
Allient (ALNT)
Wrap up
Hopefully, the markets can make an extremely quick recovery, and we can see a significant amount of bullish momentum in the markets. With how everything looks at least, conditions are strong going into open, and I am incredibly excited about these conditions. So, just continue to tread lightly, make smart decisions, practice risk management, and realize some gains!
Good luck trading, and let’s see $SPY hit $600!!!