HaiKhuu Daily Report - 03/18/2025
Good morning, and happy Tuesday! Wow, what a beautiful recovery we’ve seen over the previous couple of days, and now this is where the fun starts! $SPY has recovered nicely, recovering almost $20 from the bottom in two trading days, and we’ve quickly snapped back to the daily conversion line. Opportunities will present themselves to us today, and it will just be a matter of taking advantage of the opportunities presented to us and doing what we can to maximize our potential for opportunity and profit. It would not surprise me to see more opportunities open up in these conditions, so continue to be optimistic, and let’s do what we can to make the most of it!
Just a reminder, we have FOMC and Jerome Powell coming tomorrow, which will heavily impact the market performance and general sentiment of the markets today, as people will adjust their positions, and tomorrow, as people will pull positions before the event.
It will be interesting to see where the markets take us as we did snap back to that daily conversion line. Are we about to break through resistance? Are we about to watch as $SPY sells off? Who knows where we are headed today? All I know is that we will have another great time regardless of everything!
Good luck trading today, and let’s PRINT some cash!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $567.28
Baseline Resistance: $581.45
Psychological Support: $560
Daily Cloud Resistance: $593.07
Thoughts & Comments from Yesterday 03/17/2025
Yesterday was a confusing yet beautiful day for the overall markets. Hopefully, you all could capitalize on the conditions, as opportunities were consistently presented to us, with the majority of companies moving up, with the only laggards in the markets being the mega-caps yesterday. Traders could have easily generated a significant amount of gains, it was just a matter of being quick and comfortable. Many gains should have been realized yesterday with relative ease, so we have some fun!
We started the day with $SPY opening at $562.72, relatively neutral from the previous close on Friday. We watched as $SPY quickly took off from open, rallying HARD within the first couple of minutes of the day, watching as $SPY quickly took over $566 almost instantly, creating a significant amount of bullish confidence right from open. Conditions at $566 were nice, but we watched as market conditions became extremely choppy, bouncing in a tight but bearish range until lunch, where $SPY tested the open price and essentially sold off everything that was gained early in the morning. This was unfortunate, and market momentum was extremely slow. Still, opportunities were consistently presented to us to allocate long at the bottom, and many of us could allocate into strong positions at the bottom as we prepared for the afternoon.
And the afternoon is when things started to go crazy. We watched as $SPY rallied beautifully during the back half of the afternoon. $SPY quickly went from trading at $564 to watching as $SPY went to test $570 and made the official high of the day, trading at $569.70. The intraday bullish momentum was wonderful and provided a significant amount of confidence, but we did watch as $SPY sold off extremely quickly leading into the close, officially ending the day with $SPY trading at $567.15, up $4.50 for the day, or up roughly 0.75%.
I will say it was a beautiful day for the overall markets, and we had a significant amount of opportunity. Traders could have realized significant gains and been provided with some beautiful opportunities to capitalize on. So, we see where the markets take us today and make the most of it!!!
S&P 500 Heat Map - 03/17/2025
Thoughts & Comments for Today - 03/18/2025
Today should be a fun day for the markets. With the conditions that we’ve seen over the previous couple of days in the markets. We are currently in the process of rebounding. The question is, is this rebound enough for us to justify a large movement? Or are we going to have general difficulties capitalizing on these market conditions as things, unfortunately, take a downturn? It will be interesting to figure out where the markets will take us, but ultimately, there is going to be a significant amount of volatility in the markets that will make trading more inconsistent and difficult yet profitable for those who can navigate it well. Continue to make wise decisions while attempting to trade and make the most of these ongoing conditions.
As a reminder again, we do have FOMC and Jerome Powell speaking tomorrow. This will heavily impact the markets as it will impact people’s allocations today. We will see some people taking off exposure, some people adding exposure, and people simply not allocating in preparation for the event. Anything can happen in the short term, but just remember that positions will be heavily impacted over the next two days, whether we like it or not.
Please continue to tread lightly and practice safe risk management, though. These conditions are highly volatile and will be challenging to navigate with certain confidence, but with confidence in mind, it is hard not to allocate. So please, if you do end up making any positions, ensure you manage risk, scale a position correctly, and take on risk and exposure that you are genuinely comfortable and confident with holding. Traders consistently confuse confidence with profitability, though; they just know that the most confident traders are not necessarily the most profitable. Look for the comfortable traders, those are the ones who can generate a significant amount in a short period of time.
But regardless of everything, please continue to take advantage of these market conditions. With the way that everything is looking, traders are going to have a difficult time allocating with confidence, but here is the thing: $SPY has popped $20 from the bottom; anyone who hasn’t allocated yet has already missed the “bottom” and are not realizing gains the same way that have, because they’ve already missed out on part of the party. So don’t be left out; have fun with us, and realize some gains!
For my allocations today, I will say that I am interested in trading but not in capitalizing on some 0-DTE contracts. I MAY ultimately end up deciding that I want to play during the middle of the day, but at the same time, I am not looking to take on a significant amount of risk and exposure. I will have enough fun watching my $AAPL contracts move and speculate on my positions. I’ll let you know when I decide to leave my position, but until then, we will sit back, have some fun, and try to make the most of these 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:
$SPY, BTC, $GRYP, $AAPL, $RIVN, $INTC, $TSLA, $NVDA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $RIVN
Economic News for 03/18/2025 (ET):
Housing Starts - 8:30 AM
Building Permits - 8:30 AM
Import Price Index - 8:30 AM
Industrial Production - 9:15 AM
Notable Earnings for 03/18/2025
Pre-Market Earnings:
Sundial Growers (SNDL)
XPeng (XPEV)
Bitcoin Depot (BTM)
KE Holdings (BEKE)
Tecent Music Entertainment (TME)
Elbit Systems (ESLT)
HUYA (HUYA)
Consolidated Water (CSCO)
IHS (IHS)
After-Market Earnings:
StoneCo (STNE)
Maravai LifeSciences (MRVI)
Waldencast (WALD)
HealthEquity (HQY)
Absci Corp (ABSI)
OmniAb (OABI)
ZTO Express (ZTO)
Wrap up
Hopefully, market conditions continue to remain optimistic as we are looking for opportunities to take advantage of, but at the same time, with everything that is going on in the markets at this moment, please continue to tread lightly. Do not forget, we have FOMC coming out tomorrow, so there is going to be a “lack” of short-term volatility as a result of that, but people are going to ultimately come back and be provided with another great opportunity to capitalize on a vol event. So, let’s have some fun, realize some gains, and make the most out of today!
Good luck trading, and let’s see where $SPY takes us!