HaiKhuu Daily Report - 04/03/2025
Good morning, and happy Thursday! I’m going to leave the markets here real quick. The SPY closed at $564 and is looking amazing. Please make sure it stays safe and doesn’t drop 3% overnight, alright?
So, markets are looking absolutely disgusting right now as a result of Trump’s Tariffs; markets are not looking great here in the short term, a lot of logistical issues are going to come out of the woodwork, and people are starting to get a lotta bit fearful as a result of the ongoing market conditions. Please continue to tread lightly and practice safe risk management. These conditions are going to be volatile and challenging to navigate with confidence.
If you are attempting to trade today, good luck because you will need it. Markets will either see a beautiful full recovery and rally, or we will watch as $SPY opens, dumps, and traders freak out. Anything can happen quickly before the markets open, so tread lightly today, make the most out of this insane volatility, but please just cover your butt. If things aren’t great, conditions could quickly sell-off. So be smart while attempting to trade today.
Good luck trading today because we are going to need it.
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $561.64
Baseline Resistance: $573.23
Psychological Support/Resistance: $550
Daily Cloud Resistance: $594.29
Thoughts & Comments from Yesterday 04/02/2025
Yesterday was a gorgeous day for the markets. The after-hours session was not, but we will talk about that later. Yesterday's Market conditions were beautiful and provided traders with significant strength and opportunity. The real question is if you could capitalize on it, and thankfully, many great traders could!
So, we started the day with $SPY opening at $555. Conditions were not perfect at open as $SPY did open down roughly $6 from the previous close, but thankfully, we did watch as there was beautiful, strong bullish momentum that assisted us in filling that gap that was created on the daily and continued to have that large directional move we brought up yesterday. Conditions looked amazing into the back half of the trading day as we watched as $SPY continued to rally and made the official high of the day, trading at $567.40 before starting to come back down.
Conditions at the top were terrific in perspective to the bottom, and even at the relative bottom in the afternoon, it was not that terrible as $SPY was green, at least for the overall day, so we consider that an overall win. Markets did bounce back up towards the end of the day, where we officially ended the day with $SPY trading at $564.52, up $3.50 for the day, or up roughly 0.6%.
It was a great day for the markets, with significant strength and confidence in the process. Many traders were able to realize a significant amount of gains with relative ease and confidence, but it was more so just a matter of being able to capitalize on the momentum and holding your position throughout the day to enjoy that bullish momentum. Hopefully, you all were able to realize a significant amount of gains and are ready for where the markets are going to take us today because that is going to be a fun time!
S&P 500 Heat Map - 04/02/2025
Thoughts & Comments for Today - 04/03/2025
Today IS GOING TO BE AN EXTREMELY DIFFICULT DAY TO NAVIGATE. I AM NOT TRYING TO BEAT AROUND THAT BUSH, NOR ATTEMPTING TO HIDE IT. At the time of writing this report, market conditions are less than ideal, and traders are looking scared across the board. This tariff news, unfortunately, has caused $SPY to drop 3%, and I do not see any reason why, realistically, we cannot continue to come down today. But, what I will say about this is that if you are able to find some phenomenal American Companies that produce American products but are fundamentally undervalued, traders are going to be provided with opportunities to realize gains with relative ease. It will be difficult to find that specific specification, as many organizations that are in production purchase their raw materials from outside of the country, but schematics.
So please, please, please be careful while trading today. There is going to be a lot of blood, there is going to be a significant amount of opportunity, and there is going to be a significant amount of money left on the table by almost everyone. This is a day where you should honestly be aggressive and look to take on some risk, but please, be extremely smart when you are attempting to trade.
If there is some buying, it is going to come extremely quickly, and the markets will break out heavily, or if we sell off, expect to see a slow momentum-based bleed as the markets continually come down. Obviously, I want to watch as the markets pop from here, which will give me an amazing opportunity to buy organizations on a dip, but if I am being just completely honest, I do not think this selling is over. As much as I hate saying that, and as much as I want to be wrong, with the way that the markets are set up, I am not confident enough to allocate with comfort. Again, that is partially due to the fact that I am writing this at the moment with only the knowledge that the markets are down 3% versus knowing what will happen by the time markets close. So, we will see what happens and make the most out of today, but understand the reality of the situation and will be smart about it.
Just as a warning, I am expecting to see some traders absolutely blow up their account today. Again, I am not saying that you, as a trader, are going to blow up YOUR account, but I do believe that there is an extremely high likelihood that the markets will continue to sell and that traders that allocate incorrectly will ultimately end up blowing up their account. But with those warnings said, today is still a day that is worth taking on a significant amount of risk, as the potential for an extremely volatile and large movement in either direction is extremely likely. So practice risk management, and just be smart.
Personally, I will say that I do not want to gamble today, but I am in a place where, realistically, I do not see a reason why I should not attempt to take advantage of this weakness. I will look out for opportunities that become available to us and see where the markets go from there. I will primarily be focused on making long positions in the markets, but I also will attempt to capitalize on short term opportunities that are getting presented at the same time. So, until then, we sit back, relax, and have an amazing time while trading!
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, $INTC , $GRYP, BTC, $RIVN, $NVDA, $TSLA, $MSFT
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 04/03/2025 (ET):
Initial Jobless Claims - 8:30 AM
Trade Deficit - 8:30 AM
Services PMI - 9:45 AM
ISM Services - 10:00 AM
Notable Earnings for 04/03/2025:
Pre-Market Earnings:
Conagra (CAG)
Lamb Weston (LW)
Acuity Brands (AYI)
MSC Industrial Direct (MSM)
Lindsay Manufacturing (LNN)
After-Market Earnings:
Guess (GES)
Simulations (SLP)
Wrap up
Again, this is going to be an extremely difficult day for the overall markets, which hopefully will provide us with some amazing opportunities to trade and realize a significant amount of gains. Hopefully, this dip is bought up almost instantly, but we will see what happens after markets open. Conditions are not looking good, but we can always make the most of the ongoing market conditions. So, let’s have some fun, realize some gains, and have a great time!
Good luck trading, and let’s see where $SPY takes us today!!!