HaiKhuu Daily Report - 03/14/2025
Good morning, and happy Friday!!! Wow, this week has FLOWN by, and $SPY has just made a NEW low. This is the lowest we’ve been in 2025 and the lowest in SIX months. These conditions have been brutal, but I believe we are “hopefully” getting close to the bottom. These market conditions have been less than ideal, but it is simply just life to attempt to trade, even when market conditions are not ideal in any way, shape, or form. I am excited to see how everything plays out over the next few days because, as I have been saying, it will be a swift and beautiful rally when the markets do reverse. The only issue is that the selling momentum has been strong, while anyone attempting to “buy the dip” has had a difficult time.
Just be smart and safe when actively trading and realizing gains. Many traders will be provided opportunities, so remain smart and safe while attempting to trade. Many will perish in the process, but others will generate a significant amount of gains at the same time.
Please take advantage of the opportunities presented to us, and have some fun!
Good luck trading today, and let’s watch as $SPY finally (?) starts to recover!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $573.51
Baseline Resistance: $581.45
Psychological Support: $550
Daily Cloud Resistance: $593.07
Thoughts & Comments from Yesterday - 03/13/2025
Yesterday was another brutal day for the overall markets. There was a significant amount of bearish momentum, and we watched as traders unfortunately got slaughtered many times over in the process. Both the bulls and the bears could have easily realized a significant amount of gains, but it was just a matter of whether you were a strong enough trader to navigate the conditions and had a great time in the process.
So, we started the day with markets not looking the best, but not looking the worst, opening at $558.50. Conditions were tough at open as $SPY did instantly drop from the get go, going on to test $555 within the first hour, before snapping back to test the open price. The first hour of the day was a sketchy time to try and trade as there was extremely quick momentum that wiped out some traders. Things only got worse though as the day moved on.
After popping up slightly, we watched as $SPY slowly but surely sold off for the next four hours, going from $559~ to selling off extremely hard, watching as $SPY continually made new lows of the year, bouncing off of the $550 support, and making the official low of the day at $549.68.
Things were difficult allocating at the bottom, but it did provide us with an amazing opportunity to buy the dip, and take on some risk towards the bottom. It definitely was a sketchy time, and I, myself as a trader was sweating a little bit, but we did watch as $SPY recovered once more after bouncing at $550, to sell off once again leading into close, where we officially ended the day with $SPY trading at $551.42, down $7.50 for the day, or down approximately 1.3%.
S&P 500 Heat Map - 03/13/2025
Thoughts & Comments for Today - 03/14/2025
Today is going to be a rather interesting time for the markets. As I have said for the previous couple of days, we need to see a bounce in the markets. Thankfully, we are seeing some bullish momentum during the pre-market session, but that can realistically last until the momentum shifts. We start to ultimately come down, but what I will honestly say is that I feel that we are starting to get close to the bottom, and I am starting to allocate in these market conditions. This is risky, but it is exposure that I am extremely comfortable taking on, as I do believe it is EV+.
I believe that at this point, the markets are heavily oversold and that there will be a significant amount of difficulty that will be assumed as a result of these ongoing conditions. Many traders are not purchasing comfortably, and no traders are confidently purchasing at the moment. We are not seeing a sign of a reversal on a larger scale in the markets, but there are opportunities to grasp for straws. So again, I am not saying you should be overly bullish or bearish in these market conditions, but you should start to allocate long in these market conditions.
If / when the markets reverse, as I have said before, I am expecting an extremely quick, strong, and bullish movement that we can all capitalize on with relative confidence. I would not make rash decisions in these conditions, but at the same time, with what is going on, there is so much EV+ risk opportunities in the markets where I am personally comfortable and confident starting to allocate heavier as the markets continue to come down, so just tread lightly but understand that is my current sentiment.
As always, though, please ensure you are practicing safe risk management. These market conditions are ruthless, and we are seeing as many traders do unfortunately and inevitably blow up their accounts. It is an unfortunate time, but it is simply life and the markets for most people. Capitalizing on these conditions with relative confidence is all that matters at the end of the day. However, making wise decisions, managing risks, and capitalizing on the market conditions is an entirely different story.
The “risky” play I am in is $AAPL $220 Calls expiring on April 17th. I believe that I am taking on a significant amount of risk by entering into this position at the moment. Still, at the same time, with the bullish confidence we are seeing in the markets, it is hard not to want to take advantage of this insane dip buying opportunity. I do not know if this position is going to do well today or tomorrow, but this is a position that I have purchased with the assumption that here in the short term future, we will see the markets reverse and watch as $AAPL reclaims $240-250. That is the high end of the range I anticipate attempting to reach, but it would be nice to watch these $AAPL calls go from OTM to deeply ITM. So, we will see what happens with that over the next couple of days, but I just wanted to let you all know that I am taking on some risk during this time.
For my allocations for the day, if I am being completely honest with you, I have absolutely zero desire to attempt to scalp and trade today. I’ve been on an excellent run trading over the last couple of weeks, and I just want to take a little mental rest from scalping 0-DTE contracts. I say this now, but sentiment might change when markets open or anytime throughout the day when I feel that I have a statistical edge where I am confident in my ability to generate gains.
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, $AAPL, $RIVN, $INTC, $TSLA, $NVDA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN
Economic News for 03/14/2025 (ET):
Consumer Sentiment - 10:00 AM
Notable Earnings for 03/14/2025
Pre-Market Earnings:
Li Auto (LI)
Drilling Tools International (DTI)
Gogo (GOGO)
Wrap up
Hopefully, markets recover leading into the weekend. It would be beautiful to watch the markets rally irrationally today, but it is just a matter of where the market momentum takes us and where we ultimately go. Are we going to rip and rally back quickly today? Or will we watch as the markets continue it’s trend and sell off again. Who knows, but that’s the fun part of the markets. So, let’s see what happens, make the most of it, and have a lot of fun.
So, let’s see where things go, realize some gains, and print some money!
Good luck trading, and let’s end this week strong!!!