HaiKhuu Daily Report - 03/17/2025
Good morning, and happy Monday!!! I hope you all had a wonderful weekend and are ready for this week!!! Markets have dropped slightly since the markets have opened, but we have continued to remain relatively neutral at this time.
Hopefully conditions get better before open, but I hope you traders are ready for what this week has in store for us. We’ve had difficulties over the previous couple of weeks in the markets, but hopefully we are at a point in the selling where we can reverse with certain confidence, and rally from the bottom.
Obviously, anything can happen in the short term and we can easily go either direction, but let’s be optimistic and make the most out of these opportunities!
Markets are heavily oversold, and we are starting the edge out of extreme fear. This is the time to buy, this is the time to allocate long, and please, just do what you can to make the most of this recovery. It should be a lot of fun, so let’s see where the markets take us this week, and print in the process!
Also; if you’ve not checked out the news and events for this week, check out the WEEKLY PREVIEW.
Good luck trading this week, and PLEASE buy this dip!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $567.53
Baseline Resistance: $581.45
Psychological Support: $560
Daily Cloud Resistance: $596.83
Thoughts & Comments from Last Week
Last week was an interesting time for the overall markets. Conditions were tough yet beautiful, providing great opportunities to trade and realize gains. The bearish momentum continued, and conditions were choppy, but everyone was provided with opportunities to trade and realize some gains. We did make a new low for 2025, but hopefully, you will all be fine.
So, we started the week with markets honestly looking alright on Monday, opening the week trading at $567.44. Conditions were strong, traders were optimistic, and opportunity was amongst us. Then we watched as the markets essentially went into free fall, dropping and chopping throughout the entire week, going on to test $550, causing a lot of panic and turmoil. Many losses were generated in the process, but thankfully, market conditions got stronger towards the back half of the week.
The true difficulty has been remaining optimistic and bullish despite bearish and disgusting conditions. But those who could hold out until Friday had some fun.
On Friday, markets really didn’t seem the craziest until everything started to pick up. We started the day with $SPY opening at $556, gapping up from the previous close, and watched as there was strong bullish momentum throughout the entire morning, continually making new highs of the day, and conditions remained beautiful throughout the entire day. $SPY continued to recover beautifully, going on to make the official high of the day trading at $563.82, before coming back down ever so slightly leading into close, ending the week with $SPY trading at $562.81, up $11 for the day, or just over 2%, while ending the week down $4.63, or down roughly 0.8%.
What I will say is extremely interesting and is what I’ve brought up before: when the markets do inevitably recover from this sell-off, it will happen extremely quickly, and people will not expect it. I am sure most of you did not expect that Friday was going to be that bullish, so just again, continue to buy long, strong equity positions, and just be happy when the markets inevitably recover. I am not sure if it will happen today or tomorrow, but as long as you have strong equities, you will be perfectly fine. Let’s see what this week has in store for us, and print in the process.
S&P 500 Heat Map - 03/14/2025
Thoughts & Comments for Today - 03/17/2025
Today should be a fun way to start the week. With the way things are looking during the pre-market session, at least, we are seeing slight weakness coming from the markets, but this weakness is nothing of any major concern; it just means that things aren’t overly strong and confident at open. Use this as an opportunity to enter if you have not entered into positions just yet. There is a significant amount of opportunity and potential in the markets, but it is just a matter of capitalizing on it in a short period of time and being in a spot where you can also realistically capitalize on these conditions.
As I have said before, we can easily continue to drop, as we have over the past couple of weeks, but at the same time, if this is your opportunity to attempt to buy the dip, it is not the best entry possible, but you are not too late. Look to purchase strong, undervalued organizations that have a significant amount of upside potential. The weakness in the markets are obviously not favorable, but at the same time, we should be extremely comfortable and confident with the prices that are being presented to us at the moment. Organizations are very fair valued at the moment instead of being overvalued.
I will say that again, none of this should be considered financial advice, nor a signal to buy or sell any positions, but I truly believe that this is going to be a great opportunity to buy a dip and hold strong equities while they are cheap. Option contracts are not bad for cheap exposure, but cheap contracts are never “great” compared to purchasing leaps or simply holding shares of a strong organization.
One organization I really love in these conditions is $AAPL. They have had a tough couple of days due to this sell-off, but I believe with both certainty and confidence that one of these days, $AAPL share price will inevitably be higher than it currently is. If you are looking to buy any mega-cap but do not know where to allocate, I am not saying that $AAPL is the best pick that you can make, but at the same time, it is in my opinion, one of those plays that you can make knowing inevitably one of these days, you will be right. Just remain solvent and hold your position tight.
But at this point, because I believe this is a relative bottom, or at least that we are close to the bottom, please load up on STRONG equity positions, Cash Secured Puts, and leaps on strong organizations that you want to hold. Scale in slowly, practice safe risk management and be rational with your holdings.
Again, we can easily continue to see how markets trend during these times, but with the way things currently stand, we should continue to remain optimistic, knowing that conditions can get worse, but that just provides us with better opportunities to allocate and capitalize on!
For my allocations today, I intend to be more passive this week after the trades I attempted on Friday. I really hate being bearish, so I do not anticipate playing puts anytime soon unless something hits my specifications. Will try not to gamble in the markets today, but we will see what happens when the opportunity is presented to us. I am still continually buying the dip, and I highly recommend you all continue to do the same.
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 03/17/2025 (ET):
Retail Sales - 8:30 AM
Empire State Manufacturing Survey - 8:30 AM
Business Inventories - 10:00 AM
Home Builder Confidence Index - 10:00 AM
Notable Earnings for 03/17/2025
Pre-Market Earnings:
360 Finance (QFIN)
Townsquare Media (TSQ)
Diversified Energy (DEC)
Inspired Entertainment (INSE)
Science Applications (SAIC)
Sonida Senior Living (SNDA)
After-Market Earnings:
FibroGen (FGEN)
Sangamo Therapeutics (SGMO)
Altus Power (AMOS)
Getty Images (GETY)
Hallador Energy (HNRG)
Natural Gas Services (NGS)
Energy Vault Holdings (NRGV)
Quanterix (QTRX)
Wrap up
Hopefully, markets will get significantly better in an extremely short period of time. Watch out for a quick snapback and reversal when the markets show a sign of opportunity and confidence.
Let’s make the most of these conditions, as always, and make sure to be smart and practice safe risk management in these conditions. Many traders will get slapped on the way down and miss out on the opportunities available for movement back up. So, please make the most out of these conditions, and let’s have some fun.
Good luck trading, and start this week strong!