HaiKhuu Daily Report - 05/21/2025
Good morning, and happy Wednesday! Markets are looking bearish, traders are slowly generating losses, and traders are starting to get nervous. I hope you are ready for today, because things are looking kind of bloody.
Go into today understanding that we are in the process of creating a consolidation in the markets, and that again, we are about to have an extremely large directional movement. Just tread lightly, especially if you are hyper bullish going into today, because when I say that, the markets can genuinely do anything at this point.
Anything can happen. $SPY $580 is just as likely as $SPY $600 right now, and we can go any direction, but with the general confusion, it will be tough to achieve everything in such a short period of time.
So, please, make sure to practice safe risk management and limit your downside risk today, and capitalize on the opportunities of a lifetime.
Good luck trading today, and let’s navigate this general confusion!
The updated $SPY daily levels are as follows:
Conversion Line Support: $578.62
Baseline Support: $552.00
Psychological Support: $580
Psychological Resistance: $600
Daily Cloud Support: $547.52
Thoughts & Comments from Yesterday - 05/20/2025
Yesterday was a generally confusing and challenging day to capitalize on. Markets were extremely neutral for a considerable time, making trading ever so slightly inconvenient and likely not profitable for most traders. Regardless of everything, it is simply life and the markets, and assuming you did not lose your entire portfolio, life simply moves on.
So, we started the day with $SPY looking slightly weak, opening the day officially at $593.12, conditions we gross at open, displaying general weakness early in the morning, and continued to remain around that level for the large majority of the day. There was slight chop, but the markets did not generate anything of any major significance. We did go and make the official high of the day at $594, but again, we remained within an extremely tight range with no great opportunities to capitalize, until there was.
Leading into 3 pm EST, traders were all preparing for Donald Trump to pump the markets as we went live at a meeting, only to be surprised that Trump was late, as well as caused the markets to continue to sell, where the bears got a small opportunity to capitalize on the short opportunity as $SPY went on to make the official low of the day at $589.61, right under the $590 support level, and then watched as we rallied back into close, where we ended the day officially with $SPY trading at $592.85, down $2 for the day, or down 0.35%.
I will say again that the market conditions of yesterday were less than ideal and made trading extremely difficult to do with any sort of confidence. So, we will do what we can to maximize our profit potential and have a lot of fun. Traders should print like no tomorrow today, so let’s have some fun, let’s realize some gains, and let’s absolutely PRINT today!
S&P 500 Heat Map - 05/20/2025
Thoughts & Comments for Today - 05/21/2025
Today, if I am going to be completely honest with you, it is going to be a sketchy day for the markets. With the way that everything looks, and the fact that we have no major economic news to save us during the pre-market session, this is not looking good, and bearish traders should be optimistic. As I have said before, these market conditions are going to be volatile and genuinely can go anywhere.
Please, do not be surprised if $SPY ultimately does hit $580 or $600 today as a result of this consolidation and fear. There is a slightly larger bearish edge into the markets today, but with that said, opportunities will be available to us regardless, so it is on you at this point to realize some gains and capitalize on the conditions, regardless of what is happening.
I am not saying any of this to attempt to get you guys to be bearish or lose confidence in the markets, it is more so just a generalized statement about these current market conditions and the opportunities that are consistently being presented to us. Life is good, markets are great, so it is now up to you and your ability to navigate these conditions comfortably and confidently.
Regardless of anything, we will see where the markets decide to take us, and do what we can to maximize our profits.
I do have a warning for a lot of you that these conditions are less than ideal. Suppose you are attempting to scalp and trade. In that case, there will be countless small opportunities that you can capitalize on with ease and consistently, again if you are attempting to scalp in these conditions, but just do what you can to maximize your profit potential as many traders are going to unfortunately get slaughtered being too aggressive while attempting to capitalize on short term momentum in the markets.
So, please, just do what you can to make sure you are practicing safe risk management. Like I’ve said before, the best way to not get shot is by simply not standing in front of a loaded gun. The same thing is true in the markets. If you do not want to get sliced and lose your portfolio, do not put yourself in a position where that is a possibility. Many traders are currently taking on so much risk compared to their portfolio, which ultimately results in significant weakness and fear being generated. So, just be smart, be safe, and worst comes to worst, sit on your hands and do NOT force anything.
Once again, going into open, market conditions are looking extremely weak. I hope that this sentiment does change before the markets do officially open, but I would bet that, realistically, unless there is an unexpected event, that sentiment is still weak and bearish by the time markets open. So, let’s see what the markets have in store for us and absolutely PRINT in the process!
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, $INTC , $TSLA, $NVDA, $AAPL, $BRK/B, $DIS
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 05/21/2025 (ET):
No Economic News
Notable Earnings for 05/21/2025:
Pre-Market Earnings:
VF (VFC)
Baidu (BIDU)
Target (TGT)
TJX Companies (TJX)
Dycom Industries (DY)
Canada Goose Holdings (GOOS)
XPeng (XPEV)
Bioceres Crop Solutions (BIOX)
Super Hi (HDL)
Lowe's Companies(LOW)
After-Market Earnings:
Snowflake (SNOW)
Urban Outfitters (URBN)
Zoom Communications (ZM)
Banco BBVA Argentina (BBAR)
EnerSys (ENS)
LiveRamp Holdings (RAMP)
Wrap up
Hopefully, market conditions get better from here. Again, with the weakness we are seeing across the board, I would highly advise you all to tread extremely lightly, practice safe risk management, and go into today with the expectations that it will be trashy. Either we won’t lose a significant amount of capital, or we watch as the markets rotate and capitalize on the strong side. Regardless, be careful, as markets are looking BEARISH going into open. Tread lightly, and be careful today.
Good luck trading, and let’s see where the markets take us!