HaiKhuu Daily Report - 04/22/2025
Good morning, and happy Tuesday!!! Wow, markets are looking extremely confusing with a significant amount of volatility. Thankfully, markets are up ever so slightly at the time of writing this report. Conditions are not looking the best, but that is just a part of life and these market conditions. It would not surprise me if we continue to see conditions that are difficult to navigate, but at the same time, life simply moves on.
Please continue to make informed allocations in these market conditions and do what you can realistically do to maximize your potential. Capitalizing on these market conditions may be challenging, as trading will be difficult to do confidently; however, opportunities will consistently present themselves in these conditions to buy the dip. So, have some fun, realize some gains, and hopefully watch as the markets break out today!!!
Good luck trading today, and let’s see if the markets act rationally!
The updated $SPY daily levels are as follows:
Conversion Line Support: $518.89
Baseline Support: $529.11
Psychological Resistance: $520
Daily Cloud Support: $577.48
Thoughts & Comments from Yesterday 04/21/2025
Yesterday was a rather disgusting time for the overall markets as much as I would love to talk about the insane bullish momentum that was available in the markets yesterday. There is no bull side to talk about, unfortunately, but hey, isn’t it kind of convenient that someone took the time out of their morning to write an entire report yesterday on how the markets were looking bearish and warned everyone about how conditions weren’t going to be great? Kinda funny how that works out!
But hey, we started the day with $SPY opening at $521.11, conditions were tough as $SPY did drop over the weekend into open, which was rather unfortunate, but simply just a part of life. We quickly made the official high of the day just a couple of cents above the open price, then watched as the markets continually sold off throughout the entire morning, throughout the afternoon, and finally made the official low of the day trading at $508.46, leading into power hour. I wish there was more to be said, but for the first 80% of the day, it was just simply slow bleeding and choppy conditions that made it difficult to allocate accordingly.
Thankfully, though, after making the official low of the day, markets were able to recover slightly, going on to end the day with $SPY trading at $513.88, down $12.50 for the day, or down roughly 2.5%, with a significant amount of difficulty allocating across the board. Traders definitely had a tough time managing the conditions of yesterday, especially if they were blindly allocating in the markets, but this is why I constantly warn traders about these conditions, and tell everyone that realistically, conditions only should continue to remain confusing. Take advantage of these conditions, but please, do what you can to be smart with the ways that you are attempting to allocate in these conditions!!!
S&P 500 Heat Map - 04/21/2025
Thoughts & Comments for Today - 04/22/2025
Today will be a rather interesting and difficult time for the overall markets. We have seen a significant amount of weakness coming from these market conditions, and as a result of that, conditions are either going to be extremely favorable for us in these conditions, or we are going to watch as there is a continuation of the bleeding.
The two major points you should consider in these conditions are $SPY $500, and $20. Conditions are obviously going to be a little less than ideal if $SPY does reject and sell off towards $500, but at the same time, I do want to attempt to remain as optimistic as possible for general safety. Again, conditions could be significantly better, but it is for us to do what we can to make the most out of these conditions. In the chance that the markets do recover, again I am not saying that it will happen today, expect the recovery to be extremely quick and unexpected, with extremely large irrational movements.
Many traders will miss out on some insane opportunities at that time, but at the same time, due to the current market conditions and difficulties timing it, it will be almost impossible to allocate specifically to capture that movement. That is why I have continued to scale slowly in these market conditions and keep continually buying. For myself, in these market conditions I am doing what I can to capitalize on the short term momentum and opportunities, but at the same time, with the way that the markets are moving, it is hard not to want to allocate heavily into many organizations that at one point just a couple of months ago were heavily overvalued, but at the same time, now are heavily oversold, giving us some amazing reasons to allocate, and some insane opportunities that are available.
I mean, the best example of this, in my opinion, is Tesla. I will say that Tesla does have earnings coming up in the near future, but that is not a point of concern with the discussion and points that I am attempting to make here. But think about the way that $TSLA has traded over the previous six-ish months. This time last year, $TSLA was one of the worst-performing stocks in the S&P 500. Everyone thought Elon was an idiot after purchasing Twitter, and it negatively impacted the performance of his equity. Then the Trump election happened, and we watched as $TSLA ripped approximately 150-200% as a result.
Buying $TSLA at $200 before the rip would have been phenomenal, but people continued to purchase $TSLA heavily until it was at a point where $TSLA was trading at a NEW all-time high, making the highest trading point at $488.54. Though there has been a lot of political BS that has impacted the performance of $TSLA, and we have watched as $TSLA has dropped over 50% from the top, and is essentially trading at what it was trading at prior to the elections. All of the beautiful movement we saw as a result of Elon being the “golden pony boy” has been sold off, and $TSLA has essentially come back to “fair price.”
Again, this is not a signal to buy or sell any Tesla, and if anything, I would advise against attempting to allocate long into $TSLA prior to their earnings, mostly due to social backlash at the moment, but the point is still valid. People were not happy purchasing organizations a couple of months ago at this price, but they were happy purchasing these equities at a 100% premium. Now that everything is back at a discount, no one wants to purchase because they are bearish and believe that the price may go lower. Yes, you are not incorrect, the markets can drop from here and continue to drop, but think about it in reality of the strength of the underlying organizations. As long as you are purchasing fundamentally solid organizations and are comfortable and confident in their operations, then you should not be worried about purchasing strong equities.
Just continue to tread lightly and practice safe risk management while attempting to trade. It sucks that yesterday $SPY dropped 2%, but as long as you didn’t lose exponentially more of your portfolio yesterday, then you should consider it a win and continue practicing risk management when attempting to allocate today.
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 , $JEPI
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC / $UNH
Economic News for 04/22/2025 (ET):
Philadelphia Fed President Harker speaks - 9:30 AM
Notable Earnings for 04/22/2025:
Pre-Market Earnings:
Verizon (VZ)
GE Aerospace (GE)
RTX Corporation (RTX)
Danaher (DHR)
Lockheed Martin (LMT)
Quest Diagnostics (DGX)
Halliburton (HAL)
Elevance Health (ELV)
3M Company (MMM)
Genuine Parts (GPC)
After-Market Earnings:
Tesla (TSLA)
Intuitive Surgical (ISRG)
SAP SE (SAP)
Capital One Financial (COF)
Baker Hughes (BKR)
Steel Dynamics (STLD)
Enphase Energy (ENPH)
East West (EWBC)
Range Resources (RRC)
Weatherford (WFRD)
Wrap up
Hopefully, market conditions continue to remain favorable and provide us with some great opportunities to trade and allocate accordingly. This should be a lot of fun with potential across the board, so continue to tread lightly on these market conditions, but do what you can to maximize your profit potential. Many traders will print today, so have a great time, realize some gains, and do what you can to make the most out of these conditions!!
Good luck trading, and let’s see where $SPY takes us today!