HaiKhuu Daily Report - 05/09/2025
Good morning, and happy Friday!!! Ladies and gentlemen, this has been an insane week with volatility left and right. Traders might have had difficulty capitalizing on the previous couple of days in the markets, but all I can say is that these conditions have been wonderful. Opportunities are consistently presented to us, traders feel comfortable, and anyone realizing any significant gains should be extremely confident.
Today's Traders should only continue to realize gains, but as I always warn, please continue to tread lightly. Conditions are looking great for now, and sentiment is strong, but just remember, just like in life, it never hurts to look over your shoulder. Protect your bottom line, but do what you can to maximize your profit potential.
We will have a lot of fun, and do what we can to maximize our profit potential, but just again, protect your bottom line as $SPY has rejected that daily cloud resistance. Hopefully, market conditions will remain strong and are strong enough to break that level and continue to rally. Regardless, we will see what happens.
Good luck trading today, and let’s finish this week strong!
The updated $SPY daily levels are as follows:
Conversion Line Support: $555.91
Baseline Support: $526.05
Psychological Support: $550
Daily Cloud Support: $567.43
Thoughts & Comments from Yesterday, 05/08/2025
Yesterday was a confusing time for the overall markets. Trump stated that he was about to pump the markets, and boy, was he not wrong. The US markets experienced a significant amount of volatility yesterday. Conditions were great, and traders were given great opportunities to trade and realize gains. However, the issue is that just because some could trade and realize some short-term gains does not mean that everyone was able to capitalize on the conditions. Hopefully, any losses generated would have been minimized, and any profit potential would have been maximized!
So, we started the day with $SPY opening at $565.30. Market conditions were strong, opening up beautifully during the pre-market session, and I watched as $SPY continued to drop during the first hour or so of the day. $SPY went on to make the official low of the day at $561.70 before the markets ripped up into the afternoon, continually making new highs of the day, and new relative highs of this entire movement. Conditions were excellent, traders should have realized significant gains, and everyone should have been extremely confident. $SPY made the official high of the day yesterday at $570.31.
Conditions were great above $568, markets were within a consolidation, but remained extremely strong at that level, but watched as $SPY broke down once again leading into close, where we officially ended the day with $SPY trading at $565.06, up approximately $4 in the process, or up roughly 0.7%. I am not saying that conditions were ideal, as we did drop ever so slightly from the open price, but anyone holding any strong US equities should have had a phenomenal time.
Let’s see where the markets take us today and have some fun!
S&P 500 Heat Map - 05/08/2025
Thoughts & Comments for Today - 05/09/2025
Today will be an interesting and fun way to end the week. With the way conditions are looking right now, there is a significant amount of optimism in the air that I can almost state it. Conditions are looking great, and traders are ready for the markets to rally. Now the question is, are we going to be able to rally? With the way the markets are sitting right now, I do want to warn you all that we did reject the daily cloud resistance yesterday, and that is honestly the basis of the reason why I am hesitant at all in any way, shape, or form.
I do want to say, though, that we are back in greed on the fear and greed index, that BTC is back above $100k, and that traders are more comfortable now than they were approximately a month ago when we were in extreme fear. I do believe that these conditions are phenomenal, but I have been seeing some extreme greed out of some traders, which does concern me. I do believe that despite market conditions being extremely strong, there still is an extreme likelihood that the markets will come down. Do I want that to happen? Obviously not, I am in a significant amount of equities at this point, but at the same time, we are in a place where we can very easily capitalize on the strength and opportunities that are available to us.
I am very excited about the markets today, and I am extremely excited to see how these market conditions treat us. Yes, they haven’t been the best for actively trading, but as you all know, portfolios adjust with time, and different sentiments are reached at different times. This is a great time to be trading right now if I am being honest with you all, but it has been an even better time simply holding strong US equities and simply letting those positions move up.
So again, I am not saying that trading is bad at all. Mostly in these conditions, trades will be consistently available to us, but then the argument that I brought up yesterday about 0-DTE contracts, kind of remains true, but on a larger and slower scale. Over the previous couple of weeks, $SPY has recovered approximately 15%. The majority of that movement came during the pre-market/after-hours session, resulting in me not being provided with the opportunities to capitalize on the movements, and then I would have missed other movements, as I am not a smart enough individual to catch the move perfectly every single time.
If I were actively trading in these current conditions, I would say that realistically, during this past month, I would have made significant money, and lost a significant amount too, where I would be green realistically, but at the same time, I would not have outperformed $SPY, but because I purchased a significant amount of strong US equities on the dip, my portfolios are up roughly 20-50% over the previous month. So, it might not be the sexiest opportunity available, and I could have made significantly more if I were allocating significantly, but at the same time, I’d rather do nothing and outperform the markets than simply attempt to scalp and make $100 here and there.
So, with all of that said, I do believe that it is too late to allocate long into the markets, but you can at least attempt to trade in these conditions. If you do already have long equities you are up nicely on, let them continue to run, but just make sure to set a stop in profit, and if you are allocated long, and are ready to scalp, get ready to make the most consistent money out of anyone here in the community! So, let’s have some fun today and realize some gains!
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, $JEPI, BTC , $GRYP, $INTC, $TSLA, $RIVN
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 05/09/2025 (ET):
No News Scheduled
Notable Earnings for 05/09/2025:
Pre-Market Earnings:
Enbridge (ENB)
Algonquin Power & Utilities (AQN)
Calumet Specialty (CLMT)
Plains All American Pipeline (PAA)
Wrap up
Hopefully, these market conditions continue to remain favorable and provide us with some insane opportunities to trade and realize a significant amount of gains. I am personally not going to be gambling and taking on a significant amount of risk, but at the same time, we are in a position where we should tread lightly and do what we can to maximize our profit potential. Many gains and losses will be generated today, so let’s see where the markets take us, and make the most out of today!
Good luck trading, and let’s end this week strong!!!