HaiKhuu Daily Report - 05/27/2026
Good morning and happy Wednesday!!! WOW, $SPY is trading at a new all-time high at the time of writing this report, and market conditions only continue to look stronger and stronger. Please, continue to capitalize on these market conditions and ride this bullish momentum, but understand that we are at a point of irrationality in market pricing, and many traders are going to have a tough time capitalizing on these conditions.
Congrats to those who have been holding strong positions from the bottom as many semi companies have gone exponential over the previous couple of weeks, with $MU ripping 20% yesterday on a UBS upgrade. Anyone and everyone could easily capitalize on these conditions; now it is just a matter of how far will these conditions rally, and how risky it is attempting to allocate at these levels.
Please continue to protect your bottom line and practice safe risk management while maximizing your profit potential. Continue to enjoy this strong bullish momentum in the markets, be optimistic, be skeptical, but print in the process. Skittish bulls only continue to win in these conditions, so have some fun and realize some gains today!
Good luck trading, and let’s see new all-time highs again today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $741.83
Baseline Support: $727.21
Psychological Support: $740
Previous All-Time High: $752.13
Daily Cloud Support: $676.28
Thoughts & Comments from Yesterday - 05/26/2026
Yesterday was an absolutely insane day with strength across the board and some irrational rallies from the tech sector. Hopefully, you all were able to capitalize on the conditions of yesterday and enjoyed the strong bullish momentum in the markets. Some people unfortunately got trapped, but as long as you followed the trend and general market momentum, you would have had fun actively scalping and trading through the day. Some traders realized a significant amount of gains, while others generated some life-changing gains. Congrats again to everyone holding significant positions in $MU, because that was an insane day.
So, we started yesterday with $SPY opening right at $750.00, which was a new all-time high that was made right at open, and watched as there was continued strength through the early morning. $SPY went on to make the official high of the day after rallying for the first two hours, trading at $752.12, making that the new official all-time high, but watched as general market momentum slowed down afterward.
Markets dropped from the top leading into the lunchtime lull, but conditions picked up slightly towards the back half of the day. We went on to make the official low of the day, trading at $748.37, but general market conditions only continued to remain strong despite the drop. $SPY tried breaking back above $750 multiple times towards the back half of the afternoon with absolutely zero luck, continually remaining below that $750 resistance level pretty much all of the way into close.
We saw some mild bullish momentum towards the back half of power hour, where $SPY then went on to finally break $750 after the third test, and went on to officially end the day trading at $750.59.
$SPY ended the day up $5 overall (+0.67%), with essentially a perfect doji candle on the daily. $SPY was ±$2~ roughly from the open price, and ended the day up $0.60 from the open price. So, what I will say is that the general market conditions were disgusting yesterday. Unless you caught the quick bullish movement early in the morning yesterday, 0-DTEs were a tough hold, and anyone who got caught in the chop in the afternoon had a tough time. Hopefully, you all continued to trade single-name stocks that had momentum, because we watched as there were some insane rippers yesterday. So congrats to anyone in $MU, as $MU is up over $200/share from close on Friday.
S&P 500 Heat Map - 05/26/2026
Thoughts & Comments for Today - 05/27/2026
Today is going to be an extremely irrational day for the general markets. We are seeing so much strength and confidence in the markets right now that it is almost hard not to be bullish and optimistic, but due to the level that we are at, it is hard not to be skeptical. There is so much strength being driven at the moment from $MU and the general semiconductor sector, but the question is, when does this irrationality come to an end, and where do we go from here?
I’ve brought up before that we are headed into the golden age of the markets, but I will voice again, just because conditions are looking strong, it does not mean that these conditions are easy to navigate. Being allocated in the right single-name equities has continued to provide irrational gains, but when does this irrationality stop, and who is going to be caught holding the bag at the end of the day?
Continue to tread lightly on these market conditions and understand both the risks and irrationality in the markets right now. I am not trying to scare any of you, nor attempt to get any of you to become bearish when I say this, but I have almost a 100% confidence that in the “near” future, all of these heavily overvalued tech organizations are going to come crumbling down. I don’t necessarily “love” saying that, but that is the reality of these conditions. We cannot continue to maintain these levels over an extended period of time, as everything is extremely overvalued. It does not mean we cannot rally from this point, and it does not mean we are going to stop, but it is just a general statement that this is unsustainable. The question is, when/where does this momentum end?
I believe that short term, this rally will end after retail traders provide the liquidity necessary for us to break out from this point, and once we’ve officially broken out, then we get to sit back, and watch as the retail traders who FOMO’ed into the markets because PDT was removed, are caught buying these equities at irrational highs, providing institutions with solvency, before those insitutions ultimately cause the markets to drop and cause retail to lose a significant amount, stop out of their positions, and provide insitutions an opportunity to repurchase these amazing organizations at a heavy discount.
Obviously, that is a very “tinfoil hat” thesis for the markets, but in reality, I genuinely believe that these conditions are only going to strengthen until that happens, despite the fact that these are irrational levels that we have to trade at here in the short term. So please, continue to tread lightly, practice safe risk management, and do everything in our power to capitalize on the short-term momentum. Markets are easily capitalized on, so now it’s your job to capitalize on them. Be smart, be sane, and maximize your potential now, because life-changing gains can be generated almost every single day. So enjoy the momentum and get excited to see where the markets take us today.
So for today, stick with single-name momentum-based plays. Try to stay away from 0-DTE option contracts, make sure to practice safe risk management, but look to take on more risk in these conditions. This is one of the best times to attempt to take on risk in the markets, so take on some SMART risk, take on exposure that makes sense, and maximize your profit potential.
Life-changing gains can be generated today, so let’s have some fun 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:
Tech: $NVDA, $MU, $AMD, $MRVL, $ORCL, $INTC, $TSLA, $PLTR
Speculative: $PTLO, $RIVN, $NKE, $RBLX, $CELH
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 05/27/2026 (ET):
No News Scheduled
Notable Earnings for 05/27/2026:
Pre-Market Earnings:
Bath & Body Works (BBWI)
Bank of Nova Scotia (BNS)
Capri Holdings (CPRI)
DICK'S Sporting Goods (DKS)
Abercrombie & Fitch (ANF)
Bank of Montreal (BMO)
Dycom Industries (BY)
Monro (MNRO)
After Market Earnings:
Marvell Technology (MRVL)
Salesforce (CRM)
Snowflake (SNOW)
HP Inc (HPQ)
Snopsys (SNPS)
Braze (BRZE)
Agilent Technologies (A)
Wrap up
This is going to be another absolutely beautiful day for the markets. Please continue to make the most out of these conditions and continue to be optimistic yet skeptical. Tread lightly, practice safe risk management, but continue to be a skittish bull. Those who are skeptical yet bullish will continue to win in these conditions, so have some fun, realize some gains, and do everything in your power to minimize risk.
Good luck trading, and let’s see $MU $1,000 today!