HaiKhuu Daily Report - 05/20/2026
Good morning and happy Wednesday! It’s officially $NVDA earnings day, so tread lightly and strap in because all that matters today is these earnings after hours. We do have FOMC minutes later today, but as bad as this sounds, as long as FOMC is exactly what we expect, literally the only thing that matters is $NVDA earnings after hours today.
Please tread lightly in these market conditions and continue to do everything that we’ve been warning you about in these conditions. Stay away from trading 0-DTE contracts on the indexes as they are displaying neutrality at this point, and continue to look to trade single-name stocks.
The large majority of single-name stocks will see elevated volatility over the next 24 hours as the fate of the markets really does lie in the hands of Jensen Huang.
$NVDA later today is either going to make or break the markets, so please, prepare accordingly, and tread extremely lightly on these market conditions.
This is going to be a fun day, good luck trading, and let’s see where $NVDA takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $739.64
Baseline Support: $718.60
Psychological Support: $700
All-Time High: $749.53
Daily Cloud Support: $663.56
Thoughts & Comments from Yesterday - 05/19/2026
Yesterday was kind of a tough day for the general markets. General market momentum was slow, and traders had a difficult time navigating, but honestly, for those who were following the momentum while trading single-name stocks, you would have had an amazing time. I think that yesterday was the most single-name stocks that I personally have traded in a long time, as there were continued opportunities across the board, so I hope you all had a lot of fun and were able to realize some gains!
We started yesterday with $SPY opening at $734.91. We gapped down slightly from the previous close, remained under the daily conversion line support, and showed weakness right from the open. We moved up slightly to test $736, and then watched as we dropped and made the official low of the day, leading into the lunchtime lull with $SPY trading at $731.54.
Conditions at the bottom were relatively slow, but thankfully, we were able to move up slightly leading into the lunchtime lull, and then after the lull, we watched as the markets broke out beautifully.
We went on to make the official high of the day, leading into the back half of the afternoon, with $SPY trading at $737.65, before starting to display general weakness once again, where we dropped off leading into close, and officially ended the day with $SPY trading at $733.73, down $5 for the day, or down roughly 0.7%.
I will say that if you attempted to trade $SPY on an intraday basis, as warned yesterday you would not have had a good time and honestly would have most likely realized some losses unless you were able to catch the bullish momentum in the early afternoon, but if you stuck to trading momentum based higher beta single name stocks, you would have been able to captialize on the conditions with ease, and realized some gains in the process, so we just see where the markets want to take us today, and do everything in our power to make the most of the conditions!
S&P 500 Heat Map - 05/19/2026
Thoughts & Comments for Today - 05/20/2026
Today is going to be an exciting day for the general markets. Momentum on an intraday basis might be tough, but as stated previously, we have $NVDA earnings and FOMC minutes. The only thing that genuinely matters to us is $NVDA earnings, assuming that FOMC minutes are as expected. Please, just be careful and cautious today, because I genuinely do not believe that the majority of traders understand the risk event that is about to happen.
$NVDA earnings will be the largest catalyst for a move in the markets this week and will impact almost every other organization in the process. If $NVDA does well on earnings, this will reflect on all other semiconductors, which then positively impact the tech sector, which then ultimately provides us with an opportunity to ride general bullish momentum across the board, but the warning I have is the fact that the same thing can happen on the bear side if $NVDA shows weakness. So please, tread extremely lightly today, especially if you are attempting to allocate and hold positions later today, or contemplating holding your $NVDA shares after earnings.
As always, I will warn you about these current market conditions. With the sentiment we are experiencing at the moment, be cautious and careful about neutrality and bearish weakness. I do not believe this is going to heavily impact us today, as there should be momentum that is in our favor, but at the same time, anything can happen. We may see momentum slow down leading into the end of the day for some semi’s and general tech as people prepare accordingly for $NVDA, but overall, everyone should be in a great spot to realize a significant amount of gains today!
Just make sure to stay away from trading the indices and look to stick with single names. I genuinely believe that single-name stocks are going to be the best allocation in the markets. It is not that the indices are impossible to trade, but with the neutrality and price point of these major indices, it is almost hard to want to justify an allocation here, when you can simply trade single-name stocks and ride the momentum.
This is especially true if you are attempting to trade 0-DTE contracts. I am not saying you cannot capitalize on 0’s on an intraday basis, or attempt to get lucky, but in reality, I can tell you with 100% confidence that 90%+ of 0-DTE option contracts will ultimately expire worthless. Please, just tread lightly, practice safe risk management, and size your positions accordingly for your portfolio. Make some smart decisions, don’t simply gamble and pray, and make the most out of these conditions.
Prepare accordingly for today, as there is going to be lots of potential and opportunity, but at the same time, understand the risks involved with allocating today, and do everything in your power to simply capitalize on these conditions and have a great time!
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: $NVDA, $ORCL, $AMD, $INTC, $TSLA, $SMCI, $PLTR
Speculative: $PTLO, $RIVN, $GAP, $NKE, $RBLX
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 05/20/2026 (ET):
FOMC Minutes - 2:00 PM
Notable Earnings for 05/20/2026:
Pre-Market Earnings:
Analog Devices (ADI)
VF Corp (VFC)
ZIM Integrated Shipping (ZIM)
Target (TGT)
Arcos Dorados Holdings (ARCO)
Lowe's Companies (LOW)
GDS Holdings (GDS)
Hasbro (HAS)
After Market Earnings:
NVIDIA (NVDA)
e.l.f Beauty (ELF)
Intuit (INTU)
EnerSys (ENS)
Nordson (NDSN)
Urban Outfitters (URBN)
StepStone Group (STEP)
Wrap up
As I said before, we got FOMC minutes and $NVDA earnings today. Hopefully, everything remains as expected with FOMC minutes, and hopefully, we see a beautiful breakout in the markets, which results in a bullish market. Conditions will be great, so let’s see where the markets take us and make the most out the opportunities available.
Good luck trading, and let’s see what $NVDA earnings do for the markets!