HaiKhuu Daily Report - 04/06/2026
Good morning and happy Monday! I hope you all enjoyed the long weekend and are ready for another insane week for the markets! Markets are up ever so slightly at the time of writing this report, and conditions are still looking absolutely beautiful going into the week!
We have received news that Iran’s mediators are looking to push a 45-day ceasefire. This is obviously great news, as the markets are a fan of it, but, like all “good” war news, we should remain extremely skeptical of these conditions for safety.
The markets have recovered nicely from the bottom, and traders are becoming less fearful, which are all great signs for these market conditions, but just remember that anything can change at any time. All we need is a single retaliatory attack or headline to come out, which results in the markets tumbling down once again.
Please remember to tread lightly and practice safe risk management this week. Do not fight any trends, do not let emotions drive your positions, and just continue to remain rational and solvent.
Many traders will be able to realize significant gains today, while others will have a difficult time. Make the most of the opportunities presented to us and go on to realize some gains!
I’ll talk more about my game plan for this week later on in the report, so make sure to check out the WEEKLY PREVIEW to get caught up on all of the economic news and earnings for this week!
Good luck trading today, and let’s have an amazing week!
The updated $SPY daily levels are as follows:
Conversion Line Support: $645.95
Baseline Resistance: $661.29
Psychological Support: $640
Psychological Resistance: $660
Daily Cloud Resistance: $684.52
Thoughts & Comments from Last Week
Last week was an absolutely INSANE week for the markets! It was a short week for the markets, and we had absolutely beautiful momentum in the process. Anyone who simply followed the trend would have an extremely easy time realizing gains, and everyone was presented with a great buy-the-dip opportunity! Hopefully, you all took advantage of the markets and had a great time!
We started last week with $SPY opening the week at $640. We moved up nicely from the close on Friday, and watched as there was bullish momentum as the markets showed weak signs of a recovery from the intense selling from the week prior. Momentum heading into Monday was strong, but short-lived as we watched as all of the bullish momentum was quickly sold off, and continued to remain relatively slow and gross through the rest of Monday.
Tuesday did not look any better leading into the day. $SPY showed the same weakness as before as we were testing the YTD low, but watched as $SPY rallied all the way from $630 back to $640, and started the bullish trend for the rest of the week. Conditions were beautiful as $SPY only continued to rally through Tuesday, going to end up hitting $650, and testing the $660 range throughout the rest of the week.
Everything was beautiful as we continued to maintain that level through Wednesday, having a relatively slower and choppy time for the markets, and were met with some insane selling on Thursday.
Leading into Thursday, we got wartime news headlines again, resulting in the markets selling off heavily, where we officially opened the day trading at $646.51, dropped to $645.11, and then rallied extremely hard throughout the entire morning. $SPY then went on to make the official high of the day before the lunchtime lull, recovering approximately $10, and hitting $657.92.
The markets were relatively neutral and gross throughout the rest of the day after the insane momentum we experienced early in the morning, but honestly, I don’t think anyone was going to complain about a beautiful recovery to end the week early and enjoy the long weekend! We officially ended the week on Thursday with $SPY trading at $655.83, up $16 for the week, or roughly 2.5% overall!
I will say that the thesis of short weeks being bullish has only continued to remain valid, and anyone who took advantage of that read early in the week should have been able to realize a significant amount of gains and had an amazing time. I am happy that we all absolutely killed it trading together last week, and I am so excited to see where this week takes us, so make sure to realize some gains today, and have an amazing time!
S&P 500 Heat Map - 04/02/2026
Thoughts & Comments for Today - 04/06/2026
Today is going to be an extremely skeptical day for the general markets, mostly with everything that has been said over the previous couple of days. Market conditions last night were relatively disgusting to start the futures session out with some fear, but now traders are waking up to unexpected news regarding a possible ceasefire happening coming from Iran. As much as you might hate the man, it is almost hard to disagree with the fact that he is playing 4-D chess, while other people are not able to draw inside the lines.
Market conditions today look significantly better, and we should remain both optimistic and skeptical of these conditions. The markets can easily continue to rip and rally here with ease, or we can come back down with a singular news headline and a little bit of fear.
I’ve voiced this before, and I will say it again: I do believe that we are towards the back half of this “war” at the moment, where, maybe not timeline-wise, but action-wise, I believe that the harsh uncertainty at this level is priced in. We can easily watch as these conditions weaken as these war efforts start to display more generalized weakness and fear, but at the same time, with the way that everything is wrapping up, I genuinely do believe that we are in the back half of the fear stage of the war, and assuming that nothing terrible happens here over the next couple of days or weeks, markets should hopefully move up with both strength and confidence.
So, what should you look to do at this time during this confusion and indecision? Honestly, look to play deep value and the opportunities presented. Over the previous couple of trading days, you’ve heard me speak a lot about following the trend and opportunity, and that has only continued to remain true. Selling premium over the previous couple of days has been almost a 100% win rate, depending on what you attempted to sell and where, as equities were cheap and volatility was stupid high, but now we are starting to get to a point where volatility is starting to drop, and equities are starting to move up.
This is not a signal to buy or sell anything, nor should it be considered as financial advice. I cannot guarentee anything I am about to say is going to work, and it is your responsibility to find your own successful positions….
But, assuming that everything decides to rip and rally from here, you should consider looking at far expiration calls and possibly leaps. I do believe that LEAPS are going to be expensive and risky in these conditions, but as volatility drops, I do believe there is an extremely high likelihood of an irrational market breakout. Markets are in a state of confusion, traders are in extreme fear still, and all we need is a catalyst for the markets to move up irrationality with strength at this point to get us through the back half of this war, but the real question is going to be, what will the catalyst be to cause the markets to move up, and how large of a market movement will it be?
Obviously, I do not know where the markets are going, but it is always great to have an opportunity to speculate long, and after the recovery we’ve seen and the news headlines that are popping up, it is not the worst idea to find organizations that have been heavily discounted at this time, and looking for an opportunity to take advantage of the dip.
Again, I cannot guarantee that anything is going to happen or that the markets are going to move up from this point, but it is almost hard not to remain optimistic about these market conditions and excited about where the markets can take us. Just please, as always, make sure to practice safe risk management, and don’t be left behind, because once we get that irrational market breakout, we are going to see a couple of traders, the confident ones who’ve been holding, the lucky ones who allocated correctly, and the unlucky ones who will have a tough time.
So make sure not to fight any trends this week, and make the most out of the irrationality provided to us!
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: $MU, $NVDA, $AMD, $TSLA, $MSFT, $ORCL, $INTC
Speculative: $PTLO, $RIVN, $GAP, $NKE
Long Dividend: $JEPI
Long Investment: $PTLO
Short: Semis?
Crypto: $MSTR, SOL, BTC
Economic News for 04/06/2026 (ET):
No News Scheduled
Notable Earnings for 04/06/2026:
Pre-Market Earnings:
NO EARNINGS SCHEDULED
After Market Earnings:
NO EARNINGS SCHEDULED
Wrap up
This is going to be a spicy day for the markets, and a spicy week for anyone who is ready for it. Please prepare accordingly for irrationality, volatility, and confusion as wartime headlines continue to pop up and make trading extremely difficult and inconsistent. Protect your bottom line, follow the trend, and practice safe risk management this week, and let’s all just have an amazing time!
Good luck trading, and let’s see what this week has in store for us!!