HaiKhuu Daily Report - 04/21/2025
Good morning, and happy Monday!!! I hope you all had a wonderful Easter and a great three-day weekend! We are BACK, the markets are moving, and I hope you all are ready for what should be an interesting day! Markets are not looking their best at the time of writing this report, with $SPY down just shy of 1%, and conditions are not looking favorable for US equities, despite BTC and other cryptocurrencies looking strong.
I have the same warnings as before: please continue to tread lightly and practice safe risk management. At the same time, please do what you can to maximize your profit potential. Many traders are likely to have a tough week due to unfavorable market volatility, so please protect your bottom line and be smart when allocating, as many will suffer due to improper allocations.
People will have potential to print in both directions regardless of the general market momentum, but at the same time, many more will generate losses due to improper allocations, poor risk management, and emotions, so please keep everything in check when attempting to allocate today, mostly with conditions being slightly bearish going into the morning.
And, if you have NOT checked out the weekly report, prepare accordingly for the week, and check it out HERE!!!
Good luck trading this week, as the markets will need it!
The updated $SPY daily levels are as follows:
Conversion Line Support: $515.21
Baseline Support: $529.11
Psychological Support: $520
Daily Cloud Support: $578.65
Thoughts & Comments from Last Week
Last week was a relatively more confusing week for the markets. There were a bunch of irrational movements as a result of the ongoing market volatility and market confusion. With it being a four-day week on top of everything, traders just continued to remain confused and had an extremely difficult time allocating.
Regardless, it is simply just life and these market conditions!
So, we started the week with $SPY honestly looking amazing, gapping up over the weekend to start with $SPY trading at $544.03. Conditions at the top were relatively gross, yet beautiful prospectively. Conditions were looking alright as $SPY showed us that there was hope, until there was not. We ended up watching as $SPY went on to have 4 red days in the markets, looking absolutely disgusting, and watched as many traders unfortunately were wiped out due to the confusion and weak conditions.
$SPY was able to hold the level prospectively throughout Monday into Tuesday, but that is when the selling started to increase. On Wednesday, conditions were looking good, but relatively neutral throughout the entire morning. Conditions were less than ideal as everything was choppy, disgusting and relatively more confusing, but at the same time, we are at a point where I was not super confident going into Jerome Powell speaking, and that sentiment was right as he caused the markets to unfortunately sell off on Wednesday, breaking the major daily support. After breaking that baseline, that increased bearish sentiment and made it extremely difficult to allocate with confidence on Thursday.
I will say that Thursday was kind of just a rollercoaster, remaining red and rejecting the daily cloud, but at the same time, there was relative confidence where there were opportunities to trade, but there was a lot of chopping motion across the board as markets kept popping up and down throughout the entire day. We officially ended the week with $SPY trading at $526.41, down $18 for the week, or down just north of 3%. Hopefully, you all were able to survive the confusion and difficulty of last week, and are ready for this week!!!
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 04/21/2025
Today is likely to be a challenging day to comment on prior to the market opening, given the ongoing general market confusion. However, despite this confusion and the weakness we are seeing, it should not be too difficult to make a judgment. At the moment, $SPY is showing signs of weakness and we have received a weak bearish confirmation of a reversal.
That reversal is strengthened if $SPY breaks below $515, and is already testing the $520 psychological support during the pre-market session. Yes, the markets may reverse at any time and provide us with opportunities to trade, but at the same time, market conditions are looking weak, and traders are having an extremely difficult time navigating these conditions.
But if you are a trader who is comfortable and confident in your ability to follow the market momentum and capitalize on these conditions, you should absolutely print. As I said before, markets are looking slightly bearish at the time of writing this report, and realistically will remain slightly bearish until we see some sort of large bullish movement we can capitalize on.
Yes, these market conditions are not sexy, but in my opinion, this is one of the best times to attempt to capitalize on the markets. Opportunities are presented to us left and right, and investors are extremely comfortable buying and holding this confusion. Many traders are going to be left in the dust and leave money on the table, while others realize losses. But that is simply just life and the markets. People will always perform worst than they hope, but just remember that some will absolutely kill it over the next couple of trading days. Tread lightly but look to have some fun and make the most out of these market conditions!
Again, if you are not comfortable attempting to navigate these market conditions, do not be discouraged. These conditions are extremely tough to navigate, mostly with confidence, but at the same time, with the way the markets are treating us, I am expecting to see opportunities be presented consistently to allocate long into fundamentally solid organizations that you can hold over the next ??? timeframe, and then afterward sell it for a gain.
I would much rather you all buy strong equities at a discount right now and hold, being down 5% unfortunately as markets are less than ideal, to watch as $SPY recovers and you are up 10% on a play, than you go all in on some 0-DTE contracts, watch as $SPY drops 2%, and watch as those 0-DTE contracts go to absolutely zero, blowing up your account. One is not sexy, but one will leave you on the street. Take your pick. I love purchasing dividend paying positions right now while everything is oversold and extremely cheap, but again, this is not financial advice nor a signal to buy or sell any positions. Just an asian dude talking about stocks. Take this all with a grain of salt, but again, I have been extremely clear and explicit when I’ve said this. If you miss this BTD opportunity, and the markets move back up, anyone who says they wish they had an opportunity to buy the dip, I’ll make fun of them.
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, $TSLA, $NVDA, $MSFT, BTC , $QDTE
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 04/21/2025 (ET):
U.S. Leading Economic Indicators - 10:00 AM
Notable Earnings for 04/21/2025:
Pre-Market Earnings:
Comerica (CMA)
Bank of Hawaii (BOH)
Capital City Bank Group (CCBG)
Dynex Capital (DX)
Guaranty Bancshares (GNTY)
HBT Financial (HBT)
Washington Trust (WASH)
After-Market Earnings:
AGNC Investment (AGNC)
AZZ (AZZ)
Flexsteel Industries (FLXS)
Medpace Holdings (MEDP)
BOK Financial (BOKF)
Cadence (CADE)
Hexcel (HXL)
Zions (ZION)
ServisFirst (SFBS)
Wintrust Financial (WTFC)
Wrap up
Hopefully, market conditions lighten up by the time markets open, but if I am just being realistic, I am not expecting a major recovery prior to open. Please tread lightly today, assuming that market momentum remains bearish, and in the case that conditions do strengthen, then do what you can to maximize your profit potential and take advantage of that strength. Just be smart, many traders are going to lose their entire portfolios in these market conditions due to the ongoing confusion and volatility. Tread lightly.
Good luck trading, and let’s see where the markets take us!