HaiKhuu Daily Report - 03/27/2025
Good morning, and happy Thursday!!! Wow, these market conditions are confusing and scary, but in a cinematic way, very beautiful. I hope you all had fun and realized some gains over the previous few days! These conditions have been wild with volatility left and right as $SPY attempts to fill that gap on the daily.
We warned you about an attempt to fill the gap yesterday, and man, did that come true. There is a chance that the markets continue to come down, and just know that sentiment, while optimistic at this point, is showing cracks in the foundation, and weakness is showing.
This will be a sketchy time for the markets due to the volatility and confusion. Tread lightly in these market conditions, as many people struggle to navigate, but it’s simply life and the markets.
Make the most out of these conditions, maximize your profit potential, and just have some fun, as many traders are going to absolutely PRINT trading.
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $563.95
Baseline Support: $581.45
Psychological Support: $560
Daily Cloud Resistance: $593.42
Thoughts & Comments from Yesterday 03/26/2025
Yesterday was a rather interesting time as the markets had a significant amount of bearish momentum. Many traders felt the brutality of the markets firsthand as anyone holding strong equity positions or attempting to trade long at almost any time of the day got wiped out and had a tough time. Regardless, as bad as this sounds, losses are simply a part of the markets, and as long as you didn’t blow up your account on a day when $SPY dropped 1%, you should be completely fine.
So, we started the day with $SPY opening at $575.19, looking pretty alright. Traders were optimistic going into the day, and many of our traders were HYPED as the $GME play that we alerted ripped over 100% at open and continued to go.
Conditions at open were excellent, traders were optimistic, markets rallied, and everything was great. $SPY went on to hit $576.31, just over $1 above the open price roughly a half hour after open, and that is it; the story is over, and the trading nightmare begins!
$SPY quickly dove after making the official high of the morning and continued to drop consistently throughout the rest of the day. We dove into the lunchtime lull, dove after the lunchtime lull, bottomed out leading into power hour, made the official low of the day at $567.20, and watched as $SPY bounced slightly into close, where we officially ended the day with $SPY trading at $568.59, down approximately $7 for the day, or down 1.2%.
It was not a good day for the markets in any way, shape, or form, but I think that realistically, we should be very happy with the opportunities that have been presented to us and provided us a chance to trade and realize gains with relative confidence. Bears should have printed, and traders were all provided a chance to capitalize on the markets across the board. So, let’s just see where the markets ultimately end up taking us today and go from there!
S&P 500 Heat Map - 03/26/2025
Thoughts & Comments for Today - 03/27/2025
Today is going to be a difficult day to navigate and get an accurate sentiment read as a result of the ongoing market conditions. With the way that $SPY sold off yesterday, there will be a lot of confusion around open that will make trading difficult. Many traders expect that the markets will come down from here, while others expect that the dip will be bought back up. So the question is, who is right, who is wrong, and where do the markets ultimately take us from here? Anything can happen, mostly with markets remaining less than optimal. So, all you can do is simply prepare accordingly, practice safe risk management, and hope you are allocating in the right direction.
Market chop is the biggest thing to worry about and consider when trading today. I am not necessarily expecting a significant movement in either direction. Still, I am realistically at a point where I am expecting to see some chop and consolidation at this level before ultimately breaking out and picking a direction. I do not know if a direction will be picked today, nor the direction that we are headed, but I do hope that the markets do inevitably move up with time. But just know that again, there is weakness in the markets, and we are not seeing the same confidence we saw Monday at open as we are seeing now. So tread lightly.
Look to manage your risk, and just be smart in the process. One of the best feelings in the world is taking winning positions off the table, stacking up your cash, and leaving. Sometimes, that’s what people gotta do, which some traders want to do one day. Hopefully, market conditions do become more favorable in the short term, but just remember that taking profit is never a bad idea, mostly if you are up significantly. Yes, you are missing out on upside potential by taking a position off, but one analogy I consistently make to traders stands very true here.
“I would rather cash out and see my number hit twice on roulette, and I miss out, going home pissed with money in my pocket, than be up a lot, decide not to leave, and go home pissed without money in my pocket.”
In both scenarios, you are paying with your soul, but in one scenario, you are also paying with your wallet. So don’t get greedy, take your profits when you are happy with a position, or believe you will see a sign of reversal, rip off the bandaid, and find the next play you want to speculate on!
What I will say, is that if you are not comfortable attempting to trade today, please, do not force any positions nor do anything that would ultimately would blow up your account. Be smart, be safe, practice risk management, and just do what you can to capitalize on these conditions. But, if you are not comfortable trading chops, the easiest way to avoid losing money is by simply not trading and practicing safe risk management.
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, $GME, $TSLA, BTC, $GRYP, $RIVN, $NVDA, $INTC
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 03/27/2025 (ET):
Initial Jobless Claims - 8:30 AM
Retail Inventories - 8:30 AM
Wholesale Inventories - 8:30 AM
Pending Home Sales - 10:00 AM
Richmond Fed President Tom Barkin Speaks - 4:30 PM
Notable Earnings for 03/27/2025:
Pre-Market Earnings:
TD SYNNEX (SNX)
Winnebago Industries (WGO)
EDAP TMS S.A. (EDAP)
Sachem Capital (SACH)
TriSalus Life Sciences (TLSI)
After-Market Earnings:
KULR Technology (KURL)
Lululemon Athletica (LULU)
Braze (BRZE)
Abacus Life (ABL)
FitLife Brands (FTLF)
Barfresh Food Group (BRFH)
Lulus Fashion Lounge (LVLU)
Wrap up
Hopefully markets are not overly choppy and show general disgust during this time, but we will simply watch these conditions and do what we can in the process. It would not surprise me in the case that the markets do ultimately break out here in the near future, but just for now, conditions are sketchy, and I would rather be safe and realistic than overly optimistic and regret forcing positions. Just practice risk management and tread lightly today!
Good luck trading, and let’s see where $SPY takes us!