HaiKhuu Daily Report - 03/21/2025
Good morning, and happy Friday! Wow, markets gapped down heavily right at open during the pre-market session and are not looking good in any way, shape, or form. I hope you traders are ready today because things are not looking pretty. Markets are continuing to look relatively rough as traders are feeling less optimistic throughout the ongoing conditions. We may see $SPY breakout and move up from here, but I am not in a place where I am confident in that, as well as confident enough to allocate extremely heavily.
We have shown the first signs of a reversal on a larger scale, but there have been zero confirmations of a reversal just yet on a larger scale.
Please make sure to practice safe risk management if you are attempting to trade today, and just as always, do what you can to maximize your profit potential!
Good luck trading today, and let’s see what the markets have in store for us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $560.32
Baseline Resistance: $581.45
Psychological Support: $560
Daily Cloud Resistance: $596.65
Thoughts & Comments from Yesterday 03/20/2025
Yesterday was an absolutely disgusting and bearish day for the overall markets. There was beautiful bullish momentum, followed by beautiful bearish momentum, but neither side was beautiful if you were attempting to fight either direction. Hopefully, you all were able to capitalize on yesterday, but I can say with certain confidence that the majority of traders who attempted to allocate yesterday unfortunately lost in the process.
So, we started the day with markets not looking great, with $SPY officially opening the day at $563.31. That was a relatively tough open, but thankfully, we watched as within the first hour and change, $SPY made the official high of the day, trading at $570.56. Honestly, the conditions at the top were not bad, and they were extremely strong, but things took a sudden turn for the worse after making the official high of the day.
Markets quickly rejected $570, and we watched as $SPY essentially free called from the official high of the day and continued to slowly trend down and sell off leading into the end of the day.
There was no good momentum at all in any way, shape, or form in the markets. We saw zero signs of a reversal, and anyone who attempted to allocate long as a result of this unfortunately got burned in the process. We watched as $SPY went from the official high of the day all the way back down, officially ending the day with $SPY at $565.49, still +$2 from opening but down just under $2 from the previous close. It was a disgusting and tough day for the overall markets, but if you were able to capitalize on the risks of yesterday, you should have printed!
I just think it is very funny how the markets reacted yesterday, with the confidence across the board, I do not see any reason why we the markets didn’t help us generated even more gains in the process. Regardless, it is simply just life and the markets. Hopefully, you all realized gains yesterday or at least minimized your losses and risks, but just a thought for the current conditions!
S&P 500 Heat Map - 03/20/2025
Thoughts & Comments for Today - 03/21/2025
Today is going to be an interesting way to end the week. With the way that everything has shaped up, we are either going to be insanely bullish, or we will watch as markets continually sell-off and create more weakness. At the moment, we are seeing weakness during the pre-market session, but conditions can easily pick back up and strengthen. What I will say is that I do believe that conditions are not looking strong at the moment. Many traders are going to unfortunately get burnt today, so be smart and safe. Make the most out of today, but protect your bottom line.
As I have been saying, please continue to do what you can to buy this dip. I know that, in the short term, positions are not sexy or ideal, but they are simply a part of both life and the markets. With the way that everything is going on, it would not surprise me that we do have a reversal sometime in the near future, and realistically, I think that we are going to bounce soon as we are towards the back half of extreme fear, but here is the real testing point for peoples souls. Are the markets going to move up and rally beautifully? Or are we about to watch as there is a significant amount of bearish momentum that makes trading ultimately significantly more difficult to do with confidence. Your guess and prediction is obviously as valid as mine, but I really think that this is the time to buy positions long in an account.
If you are looking at what you should look to purchase, look to purchase strong organizations that are extremely undervalued. With the way that the markets are playing out, there are many organizations that are in the markets at this point that previously were trading at an extreme premium that people are simply not even batting an eye looking at. I understand on the reason why people might attempt to do this, mostly as a general safety precaution, but at the same time, we are in a place where market conditions need to remain as close to “ideal” as possible, and with organizations undervalued, there is no reason why people should not be foaming at the mouth to attempt to get in.
Just be smart going into the weekend. Unfortunately, many traders have been wiped out and killed off over the previous couple of weeks. I am not attempting to deny or hide that in any way, shape, or form, so with your positions today, please just remain diligent with your allocations and practice safe risk management because there are going to be many traders who close their accounts this Friday, to never open them again.
For my positions today, I will say that after the result of the movement yesterday, I am still extremely optimistic about the upside potential in the markets, but I truly do not anticipate gambling on these conditions at all in any way, shape, or form. So, we will see where the markets take us and go from there! I plan on simply not trading much, if at all, today, and I just plan on having some fun in the markets while I can!
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, $TSLA, BTC, $GRYP, $RIVN, $NVDA, $INTC, $AAPL, $AMD
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 03/21/2025 (ET):
No Economic News Scheduled
Notable Earnings for 03/21/2025
Pre-Market Earnings:
Sow Good (SOWG)
Wrap up
Hopefully, market conditions push from here, and the markets will be able to recover beautifully, but with no economic news or major events planned that may be a catalyst or event that impact the markets heavily, so we will see what happens and make the most of the opportunities that are available to us! Go realize some gains, have some fun, and print in the process!
Good luck trading, and let’s end this week strong!!!