HaiKhuu Daily Report - 03/12/2026
Good morning and happy Thursday!!! Ew, these market conditions have only remained volatile and inconsistent. Markets dropped heavily last night at the futures open due to war headlines once again, and this is just a reminder that wartime news headlines are driving this short-term volatility. $SPY went on to make the session's official low below $670, and anyone holding a bearish position was excited heading to bed.
Thankfully, the markets have recovered from the bottom, with $SPY making approximately a 60% recovery by the time I am writing this report. Hopefully, markets continue to move up at this point, but I cannot be overly optimistic heading into today, given the weakness and volatility we’ve seen over the past couple of trading days.
I will continue to voice my concerns about these market conditions. Looking at these daily charts, we are seeing a repetition of battles between the bulls and the bears, and the bears continue to win as $SPY is rejecting daily resistance, and having the same slight intraday bearish daily candle. Hopefully, that trend is broken, and not in a way where we sell off, but at the same time, anything is possible, so please, continue to tread lightly, practice safe risk management, and protect your bottom line. Opportunities will be there to trade in either direction. Let's just hope there is no major sell-off below the support levels and prepare accordingly for volatile conditions!
Good luck trading today, will go over the rest of my sentiment in the full report!
The updated $SPY daily levels are as follows:
Conversion Line Support: $675.50
Baseline Resistance: $679.76
Psychological Resistance: $680
Daily Cloud Resistance: $687.21
Daily Cloud Support: $674.35
Thoughts & Comments from Yesterday - 03/11/2026
Yesterday was a rather gross day for the general markets with slight bearish momentum, but thankfully, opportunities were presented to us to scalp and trade. Ranges were tight, but scalpers and people who attempted to trade single-name stocks were provided with momentum and consistent trades through the day. I hope you all were able to make the most out of the market conditions yesterday, and were able to maximize the potential that was provided to all of us in the short term!
We started the day with $SPY trading at $677.63. Market conditions were less than ideal, but thankfully were relatively consistent as $SPY was slightly green at open, and watched as we chopped around early in the morning and rejected the daily baseline resistance & $680 level. We made the official high of the day, trading at $680.07, before coming down slightly and chopping around, only to remain relatively slow and neutral throughout the entire morning.
Leading into the lunchtime lull, market conditions weakened as $SPY sold off, going on to make the official low of the day, trading at $673.34. Market conditions were less than ideal, but provided us with opportunities to allocate at the bottom and ride the momentum towards the back half of the day.
$SPY quickly picked up leading into the afternoon, but was met with a slow, tight, and choppy range at $675 throughout the entire afternoon, only to bounce ever so slightly going into the end of the day, where we officially ended the day with $SPY trading at $676.33, down $0.85 for the day, or down roughly 0.13% overall.
On an intraday basis, $SPY really did not do much, as we essentially remained in an extremely tight and choppy range, but that is the entire reason why I was telling everyone to attempt to trade single-name stocks yesterday, because there would be more consistency and volatility. So congrats to anyone who was able to print on the volatility of these market conditions, and listened to our predictions, because we have killed it now two days in a row with earnings, smashing it out of the park with $ORCL and then $BMBL, so let’s see where the markets take us today and have an amazing time!!!
S&P 500 Heat Map - 03/11/2026
Thoughts & Comments for Today - 03/12/2026
Today is going to be a tough day for the markets. I want to be optimistic, I want the markets to move up, but with the way that everything is looking, it is hard not to be extremely skeptical going into today. We’ve seen elevated volatility over the previous couple of weeks, and traders are in a place where they are genuinely uncertain of where the markets are going to take us, so going into today, please know that there is genuinely so much uncertainty in the air right now that anything can happen in an extremely short period of time.
Go into today looking for opportunities to trade and allocate, but at the same time, do everything in your power to maximize your potential here in the short term. We are seeing so many headlines right now about war that at any given time throughout today, we can unexpectedly see a large directional move in either direction. The volatility we are seeing in the markets provides us with opportunities to trade.
I will continue to warn you that the bearish sentiment for me is continuing to get stronger as market conditions weaken. Again, I am not saying that the markets are going to sell off and watch as $SPY drops 30%, but the weakness that we are seeing, with $SPY consistently rejecting daily resistance points, does not provide the most strength or confidence in these conditions.
Be careful because in the case that the markets do continue to show signs of weakness and break out of this range, I do personally expect to see some bearish momentum as a result. Please, just continue to tread lightly on these market conditions, and know that, genuinely, as much as I hate having to say this, bearish allocations are on the table and a very real possibility.
Again, I want to be bullish and optimistic, but I am just overly skeptical about these conditions.
If you are attempting to trade today, my recommendation is going to be the same as yesterday. Instead of attempting to trade any of these indexes that are trading in an extremely tight range, you should look to trade single-name stocks. Those stocks are going to provide you with more short-term consistency and opportunity; it all then becomes a game of finding the proper organization to attempt to allocate into, and the proper momentum to capitalize on.
Following trends in the markets has to be by far the easiest way to capitalize on these conditions, followed by actively scalping and day trading trending organizations. Look to follow higher beta tech organizations at this point, and allocate when you either have confidence or once there is a sign of a reversal on a larger scale.
Just do everything in your power to realize some gains today, and have an absolutely amazing time!
Side note: For anyone who got into the $BMBL gamble with me yesterday, the plan is to exit 100% of everything ASAP for as much $ as possible. Do not get caught holding the bag, do not get greedy and hope for more. Free money is free money, so we take it and run. Watch for my exit around open!
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: $BMBL, $ORCL, $NVDA, $TSLA, $NFLX, $INTC, $RIVN, $AMD
Speculative: $PTLO, $AIFF, $IONQ
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: $MSTR, SOL, BTC
Economic News for 03/12/2026 (ET):
Initial Jobless Claims - 8:30 AM
U.S. Trade Deficit - 8:30 AM
Housing Starts - 8:30 AM
Building Permits - 8:30 AM
Notable Earnings for 03/12/2026:
Pre-Market Earnings:
DICK's Sporting Goods (DKS)
Alliance Laundry (ALH)
Dollar General (DG)
Futu Holding (FUTU)
Build-A-Bear Workshop (BBW)
Ollie's Bargain Outlet (OLLI)
Acuren Corporation (TIC)
After Market Earnings:
Adobe (ADBE)
Rubrik (RBRK)
ULTA Beauty (ULTA)
Lennar (LEN)
Green Dot (GDOT)
SentinelOne (S)
Wrap up
Good luck trading!