HaiKhuu Daily Report - 03/31/2026
Good morning and happy Tuesday! Wow, these market conditions are absolutely insane, with significant overnight bullish momentum! These market conditions are looking absolutely beautiful, and I hope you all are ready for some more irrationality in the markets today.
Everything is up nicely at the time of writing this report, as Trump has posted once again that he is attempting to wind down the war. Whether this is true or not, it does not matter; the only thing that truly matters right now is that the markets are up, and that these conditions are extremely volatile and difficult to navigate.
Hopefully, everyone is up beautifully right now, and the markets continue to rally from this point, but I will continue to voice my concern about these conditions. Markets are not optimal right now for the vast majority of traders, and I would say most will have a difficult time. Please continue to tread lightly and practice safe risk management in these conditions.
Many traders are going to be caught in a tough spot between being hyper bullish and hyper bearish, so I’ll make sure to make a note about this later on in the full report.
For now, just make sure you are practicing safe risk management and capitalizing on these beautiful market conditions, and realizing some gains!
Good luck trading today, and let’s hope $SPY continues to rally!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $649.50
Baseline Resistance: $661.40
Psychological Resistance: $640
Daily Cloud Resistance: $684.52
Thoughts & Comments from Yesterday - 03/30/2026
Yesterday was an absolutely disgusting day for the general markets, but honestly, as bad as this sounds, it was completely expected and very predictable. Conditions were so predictable that we were able to report that conditions were weakening before the markets even dropped, during the pre-market session. So I hope you all were able to capitalize on the conditions we warned about and realized some gains in the process!
So, we started yesterday with $SPY looking alright. We opened at $640.01, and conditions looked bullish and optimistic leading into the open, but were met with an instant rejection at the $640 resistance point. We were not able to maintain the level, and as a result, we continued to dump. We dropped consistently for the first half hour of the trading day, causing a lot of panic but also providing us with some opportunities to trade and allocate with confidence.
Around this time, I personally alerted an entry on a $MSFT put credit spread and an $MU Put position, and both of those worked out extremely well with the general market volatility.
$SPY attempted to move up going into the lunchtime lull, and it did move back up slightly, but as traders came back from lunch, the bearish momentum really picked up. We watched as $SPY continued to dump the entire afternoon, showing strength in the bearish momentum. The entire afternoon was essentially a continuation of bearish momentum, as we watched $SPY go from $638~ to selling off and making a low breaking below the $630 support, and making the official low of the year trading at $629.29.
Conditions at the bottom were absolutely disgusting, but thankfully, they gave us another opportunity to trade leading into close as there was a quick little $2 rally from the bottom in the final minutes of the trading day, where we ultimately ended the day with $SPY trading at $631.97, down about $2 for the day, or down 0.33% overall.
So, I will say that yesterday was a gross day for the general markets as a result of the weak bearish momentum through the day, but traders consistently had opportunities to trade. The $MSFT put spread I opened was capped out at approximately 50% profit, while the $MU put generated approximately $800 per contract, as $MU went from $20 OTM to going ITM on an intraday basis. It was a great day for those who were following our positions, and an even better day for those who printed. So let’s see what the markets have in store for us today, and have an amazing time in the process!!!
S&P 500 Heat Map - 03/30/2026
Thoughts & Comments for Today - 03/31/2026
Today is going to be a spicy day for the general markets. With the confusion and volatility we are seeing, opportunity is going to be amongst us, and you all should be overly excited heading into today. Being excited about these market conditions does not mean you should be overly bullish, but with the markets up slightly during the pre-market session, it is almost hard not to be a little bit optimistic going into today.
So, with the way the markets are looking and the way headlines are shaping, these conditions are looking better, but I am going to continue to recommend everyone to be overly cautious leading into today. There is confidence in the weakness we are experiencing right now, but it is just going to be a matter of whether you are going to be able to capitalize on these conditions, and how confident you are in your ability to navigate.
Some traders are going to be able to navigate these conditions with ease, scalping when given the right opportunities, allocating when they see fit, and simply following both the market momentum and trends. Many of us were able to realize a significant amount of gains while attempting to trade yesterday despite a $10 intraday bearish movement, and for those who were able to capitalize on the conditions, understand the reality.
Conditions may be bullish short term, but I still am a firm believer that opportunities will be available for us to capitalize on both directions, but at the same time, until there is news to cause the markets to shift it’s sentiment, I do not believe we have the strength or confidence for the markets to have a sentiment shifting move, and that any bullish movement up is most likely going to get sold off.
Obviously, we will have green days and opportunities to trade bullside while the markets are coming down, but this is just me being realistic with you about these conditions. Traders are fearful and will remain fearful until there is a catalyst for the markets to move up. Once there is a strong catalyst for the markets to move up, the movement up is going to be overly bullish, and the movement will be done in a way where many people will be left behind. Expect a continuation of bearish momentum until we get some insane news either overnight or sometime on an intraday basis. Anyone who attempts to buy the dip before that point is going to be dumb for purchasing equities while the markets are showing weakness and everyone is fearful, only to be one of the few who understood the risks involved and allocated as a result.
Then, once the insane bullish movement happens, you’ll see many traders kick themselves for missing out on an opportunity, resulting in the markets continually moving up, strengthening the reversal, and making traders more comfortable and confident leading into the summer.
The real question is, where is the bottom, and when are we going to get news? Hopefully, we don’t see wartime headlines for multiple more months because that would test the liquidity of many traders, while at the same time, you should not attempt to allocate too early in the markets, as there is zero confirmation of a reversal. Please, tread lightly and practice safe risk management when attempting to allocate today, and just remember that the markets are in extreme fear, but at the same time, understand that the best opportunities are going to be presented to those who take advantage of that risk.
Follow the general market momentum, don’t be overly bullish or bearish, and just remain realistic with your expectations and solvent. Traders are going to have an amazing time trading today, so let’s have some fun and realize a significant amount of gains in the process!
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:
Tech: $MSFT, $ORCL, $INTC, $MU, $NVDA, $AMD, $TSLA
Speculative: $PTLO, $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Short: Semis?
Crypto: $MSTR, SOL, BTC
Economic News for 03/31/2026 (ET):
Chicago Business Barometer - 9:45 AM
Consumer Confidence - 10:00 AM
Chicago Fed President Austan Goolsbee speaks - 12:00 PM
Notable Earnings for 03/31/2026:
Pre-Market Earnings:
McCormick & Company (MKC)
AlTI Global (ALTI)
T1 Energy (TE)
FactSet Research (FDS)
J. Jill (JILL)
After Market Earnings:
Nike (NKE)
Banzai International (BNZI)
nCino (NCNO)
Sportsman's Warehouse (SPWH)
PROPELL TECH GP (PROP)
Dave & Buster's Entertainment (PLAY)
Wrap up
This is going to be a sketchy day for the markets. Hopefully, we continue to rally. Hopefully, this is not a repeat of yesterday, and hopefully, we all are able to realize a significant amount of gains while attempting to trade today. I’ll let you guys know what I ultimately decide on allocating into and what positions I manage to snag, but please, make the most out of these conditions as profit potential is increasing, so realize some gains and have an absolutely amazing time!
Good luck trading, and let’s make the most out of today!