HaiKhuu Daily Report - 05/21/2026
Good morning and happy Thursday! Woah, $NVDA beat on earnings yet has only continued to remain neutral? RIP any options gamblers as $NVDA has gone on and sliced every gambler, regardless of direction. Congrats to those degens who decided to sell premium against $NVDA right before earnings. This is going to heavily impact markets more than most people expect, but at the same time… we survived another $NVDA earnings season, so tread lightly and prepare accordingly for today.
I’ll have a tinfoil hat thesis later on in the report about how I expect the markets to move from this point, but please, continue to tread lightly, practice safe risk management, and look to mitigate as much risk as possible in these conditions.
Opportunities will consistently present themselves to us today; it is now just a matter of capitalizing on these conditions and continuing to realize some gains.
Sit back, relax, and enjoy what the markets ultimately present for us. This is going to be a great day for the markets!
The updated $SPY daily levels are as follows:
Conversion Line Support: $740.53
Baseline Support: $721.87
Psychological Support: $700
All-Time High: $749.53
Daily Cloud Support: $663.56
Thoughts & Comments from Yesterday - 05/20/2026
Yesterday was a strong day for the markets with overall bullish momentum that anyone and everyone could have capitalized on. Hopefully, you all were able to realize a significant amount of gains yesterday due to the overall strength, but genuinely, opportunities were presented almost everywhere! Congrats to anyone and everyone who was able to realize a significant amount of gains while trading yesterday, and congrats to everyone who survived $NVDA earnings!
We started yesterday with the markets looking slightly bullish. $SPY opened at $735.68, and honestly, conditions looked pretty strong from open. We did drop slightly within the first hour or so to make the official low of the day,, trading at $733.90, but displayed so much generalized strength that opportunities were consistently amongst us. $SPY rallied leading into the lunchtime lull, making a relative high trading right above $740, and continued to remain in that relative range throughout the rest of the day.
There was mild weakness leading into the afternoon, but we consistently remained in that $740 range, only finally breaking out of it during power hour and watched as $SPY moved up slowly leading into close / $NVDA earnings, where we officially ended the day with $SPY trading at $741.25, up $7.50 for the day, or up just over 1% overall.
The wild thing about yesterday is the fact that we had FOMC minutes get released, which realistically did not impact the markets heavily, as the majority of the eyes and focus were put on $NVDA earnings after hours. Those earnings were relatively uneventful despite the fact that $NVDA had great earnings, so we will see where $NVDA decides to take the markets today and prepare accordingly for some more inconsistent market conditions!
S&P 500 Heat Map - 05/20/2026
Thoughts & Comments for Today - 05/21/2026
Let’s talk about today. Before going into anything about today, I just need to remind you all that I am not a fortune teller, nor am I able to accurately predict where the markets go with 100% certainty, confidence, and accuracy. I am not claiming that, nor anticipate ever attempting to claim that. Please make your own judgments on the markets and equities, and take anything I say with a grain of salt.
But, leading into today, I genuinely am extremely skeptical of these conditions, and I worry about a larger directional move occurring today. “Large” is going to be perspective, but I do believe that we are going to follow suit with $NVDA. I will voice that I am concerned about chop and neutrality around this $740 magnet zone in the markets, as this is not the first time we’ve chopped at this level, and realistically, once there is a breakout of this consolidation. We will get a directional move, and I believe that $NVDA will be the catalyst.
$NVDA had earnings yesterday, the markets “liked” the results, but did not “love” the results. $NVDA is up roughly $1/share at the time of writing this company, but we realistically are going to see how the market is “truly” going to react to $NVDA earnings and the aftermath right at open. There is a non-zero chance that this results in the markets quickly dropping and continuing to sell off right at open, so please, tread lightly if you are attempting to allocate during the pre-market session.
Again, I am not attempting to get you to be bearish, but to warn about the real-time possibilities of these conditions. In the case that there is a large directional selling event, look for an opportunity to buy deep value. We’ve talked about this before, but when selling occurs, typically panic will follow, resulting in organizations becoming oversold. When people panic, this will allow us an opportunity to purchase deep value and ride the momentum once there is a sign of confirmation.
In the best-case scenario, the markets decide to simply rip, and we all have an amazing time. This is a real possibility, but in my opinion, it is a “lower” likelihood of happening. Until then, we really just have to sit back, watch these conditions, and navigate accordingly.
I still believe that single-name stocks are going to be the best allocation in the markets. There will be more opportunities to trade 0-dte indices today, but I still genuinely believe that the most consistent opportunities in the markets will come from single-name organizations that have momentum, and then you literally just follow trends. It sounds bad when I put it this simply, but it’s literally that simple. Allocate accordingly, prepare for volatility, and have an amazing time.
There is absolutely zero reason why we cannot continue to capitalize on these market conditions; everything just comes down to your personal ability to navigate the short-term intraday volatility.
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, $ADI, $INTC, $TSLA, $PLTR
Speculative: $PTLO, $RIVN, $NKE, $RBLX
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 05/21/2026 (ET):
Initial Jobless Claims - 8:30 AM
Housing Starts - 8:30 AM
Building Permits - 8:30 AM
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
Notable Earnings for 05/21/2026:
Pre-Market Earnings:
NIO Inc (NIO)
Deere & Company (DE)
Walmart (WMT)
Endava (DAVA)
Lightspeed Commerce (LSPD)
Advanced Drainage System (WMS)
Advance Auto Parts (AAP)
Ralph Lauren (RL)
NetEase (NTES)
After Market Earnings:
Deckers Brands (DECK)
Workday (WDAY)
Take-Two Interactive (TTWO)
Zoom Communications (ZM)
Flowers Foods (FLO)
Cae (CAE)
Ross Stores (ROST)
Wrap up
These are going to be spicy market conditions. Traders are going to have a relatively difficult time, while others should absolutely print. Please, tread lightly and practice safe risk management leading into today, but this is one of those scenarios where we can realistically continue to print in the case we break out. Find deep value, abuse the opportunities presented to us, and let’s have an amazing time!
Good luck trading, and let’s see where $SPY takes us today!