HaiKhuu Daily Report - 05/04/2026
Good morning and happy Monday! I hope you all had a wonderful weekend and are ready for another volatile week for the markets. Conditions are looking great, traders are excited, and we are ready for another insane week for the markets! I hope you all are ready for the week, as $SPY is trending towards all-time highs and we are preparing for continued inconsistencies.
These conditions are going to be absolutely amazing for some, yet devastating for others, so please continue to protect your bottom line and make sure to practice safe risk management. Both losses and gains can be generated, but it is up to you to decide which you are going to pick. So make sure to follow your technical analysis in these conditions, respect the fundamental analysis behind these organizations, and watch out for the momentum & trend.
As long as you are allocating into a fundamentally solid, fair-valued organization that is trending, I do not see a reason why these conditions cannot continue to strengthen and provide us with opportunity. So go on and make the most out of today, this week, and these conditions, as opportunity is out there for us to have an amazing time.
+ Make sure to check out the WEEKLY PREVIEW as we have LOTS of earnings & economic news scheduled for this week!
Good luck trading this week, let’s continue to kill it!
The updated $SPY daily levels are as follows:
Conversion Line Support: $713.58
Baseline Support: $677.08
Psychological Support: $700
Previous All-Time High: $724.87
Daily Cloud Support: $671.28
Thoughts & Comments from Last Week
Last week was honestly an amazing week for everyone. General market conditions were difficult to navigate, but we went on and made new all-time highs. Conditions were good, traders were confident, and gains were realized. I hope you all enjoyed your part and were able to make the most of the volatility occurring in real time!
We started last week with $SPY trading at $713.17. Market conditions remained relatively neutral, but showed strength as $SPY continued to trend up through Monday, then snapped back down, gapping down, and remained neutral on Tuesday and Wednesday. As bad as it sounds, nothing happened through that neutrality other than traders got chopped around and watched as some people got burnt in the process. Thankfully, Thursday and Friday displayed significantly more strength and confidence.
Thursday was amazing as market conditions from the rip were strong, officially opening the day trading at $714.63, and watched as conditions quickly weakened making the official low of the day at $710.45, but thankfully watching as the markets recovered from the bottom, bouncing off the daily conversion line support, and loved watching as $SPY continued to make new all-time hgihs, ripping up and making the official high of the day trading at $719.79.
Market conditions were beautiful, and only continued to strengthen through Friday!
On Friday, $SPY had a quick roller-coaster day, as we watched it break out in the morning and unfortunately sell off. We started the day trading at $721.23, and watched as we rallied for the first hour or so, going on to make the official high of the day, and the official all-time high, trading at $724.86. Everything was beautiful; traders had the opportunity to literally just buy and hold $SPY, they would have been green at any point in history until the high of Friday. Then we watched as everything came tumbling down. The sell off that occured was not bad, nor was the momentum unpredictable, as we watched the markets make lower highs and lower lows as it continually sold off into close, where $SPY made the official low of the day at $720.47, and watched as $SPY ended the day at $720.65, where we ended Friday up $2, and ended the week with the markets +$7.50 for the week, or up roughly 1% overall.
So, I will say that was an amazing week for the markets. There was a neutrality that was difficult to capitalize on, but again, opportunity was among us, and traders could have easily realized significant gains in the process. Congrats to anyone who made the most of the market conditions we were given last week, and let’s see what the markets have in store for us today!
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 05/04/2026
Today is going to be an extremely hectic and inconsistent day for the general markets. With the confidence we are experiencing and the sentiment that traders are feeling, I am extremely excited to see where the markets take us in these conditions, and excited to see what the markets will be able to create in such a short period of time. There is a chance that we can easily break a new all-time high; there is a chance that we go and sell off and watch as everything is disgusting.
Hopefully, we do not get any general war news that results in the markets selling off, but you know, with these current management, anything can be said at any time, even if it does not make sense. So continue to tread lightly and practice risk management, knowing that we are going to have almost zero consistency.
Traders will have an amazing time as there will consistently be opportunities to scalp and day trade due to the general market momentum, but it is on you to be able to both find the positions for yourself and capitalize on the conditions that are possible. Assuming you and everyone else are able to find some plays, then just make sure everything makes sense both from a technical analysis standpoint, where it looks like the organization is going to break out, and then look at the fundamentals, as long as the company is solid, undervalued, and looks like there is a trend in your favor, it seems that is all you need to remain consistent in the markets. I would rather have that than an organization with no momentum, terrible fundamentals, while attempting to fight trends. That just sounds like a losing battle.
Just continue to follow the strength, but remain a skittish bull. I do genuinely believe there is a high risk of falling from this level. I do not know what could cause a possible sell-off to occur, but in reality, with the way the markets are trending and the way that traders are reacting, we are going to see consistent irrationality and difficulties through the markets, so it is going to matter what organizations you attempt to allocate into today.
For my personal allocations today, I am going to focus heavily on watching $PTLO. As bad as this sounds, due to my current allocation on $PTLO and with their earnings tomorrow, that is going to be my priority watch. Hopefully, we get a continuation of strong momentum and buying today, which results in irrational purchasing and FOMO into earnings tomorrow before open.
Hopefully, we watch as $PTLO moves heavily in an extremely short period of time, but this is me telling you right now that $PTLO’s performance today and tomorrow is going to heavily impact my personal sentiment as well as my personal emotions throughout the day. Let’s please watch as $PTLO moves up another $2-3 on strong earnings with their new CEO, and increase price targets from wherever they are right now, to back in the $20-30 range. Easy game, now we just need to hope and pray in the short term for $PTLO!
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: $$RBLX, $INTC, $ORCL, $NVDA, $TSLA, $PLTR, $AMD, $MSFT
Speculative: $PTLO, $RIVN, $GAP, $NKE
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 05/04/2026 (ET):
New York Fed President John Williams’ speech - 12:50 PM
Notable Earnings for 05/04/2026:
Pre-Market Earnings:
Berkshire Hathaway (BRK.B)
Norwegian Cruise Line (NCLH)
CNA Financial (CNA)
Tyson Foods (TSN)
Pinnacle West Capital (PNW)
Hess Midstream (HESM)
Cogent Communications (CCOI)
After Market Earnings:
Palantir Technologies (PLTR)
Transocean (RIG)
BWX Technologies (BWXT)
Duolingo (DUOL)
onsemi (ON)
Pinterest (PINS)
Allison Transmission (ALSN)
ThredUp (TDUP)
Wrap up
This is going to be a hectic time for the markets, with opportunities presented to us left and right. Traders should have absolutely zero issue capitalizing on these conditions and realizing some gains because all you have to do is simply follow the momentum. Please, practice safe risk management and protect your bottom line at this time. Have some fun this week and do everything you can to maximize your potential. We are going to have an amazing week. So go on and realize some gains, and let’s have an insane time!
Good luck trading, and let’s print some cash!