HaiKhuu Daily Report - 05/30/2025
Good morning, and happy Friday, ladies and gentlemen! This week has flown by, but it has been a confusing and volatile time.
Markets are in a state of relative confusion as $SPY continues to chop at $590. As much as I want to be overly optimistic today, unless we receive something unexpected, there is a high likelihood that we will see neutrality again in the markets today. Tread lightly and be careful if you are trading today.
Just make sure there is momentum prior to any entry, as I expect a lot of neutrality on an intraday basis today. Please be very careful, especially if you are trading 0-DTEs and $SPY is stuck within a consolidation phase. You will watch as the markets chop indefinitely, and watch as theta continues to burn down your contract. Regardless, it is life and the markets. You are free to do as you please, but there are just better times for different opportunities. I’ll talk more about this later on in the report.
Just make some smart plays, realize some easy gains, and have some fun going into the weekend!
Good luck trading today, and let’s print on this beautiful Friday!
The updated $SPY daily levels are as follows:
Conversion Line Support: $585.57
Baseline Support: $564.71
Psychological Support: $580
Daily Cloud Support: $547.52
Thoughts & Comments Yesterday - 05/29/2025
Yesterday was a confusing, disgusting, but extremely predictable time. You all saw during the pre-market session what I had to say about the block on the tariffs being relatively BS on impacting the markets, and as expected, the markets came down, lost all of the gains that were generated, bounced off the predicted PT, and anything created was lost. Hopefully, you all were able to capitalize on the opportunities of these conditions, but I do expect that many losses were generated yesterday as a result of the neutrality in the markets, as well as the choppy inconsistencies stopping traders throughout the day. It was a tough and disgusting time, but such is life.
We started the day with $SPY looking amazing during the pre-market session. There was news that Trump was blocked from sweeping tariffs, and as a result of that, $SPY opened during the pre-market session at $598. Afterward, $SPY went on to drop during the pre-market session, going on to open the day at $593.13, and continually dropped from open, breaking $590 within the first hour of the day, and maintaining within the $589-590 level on $SPY consistently throughout the entire day. We did drop down ever so slightly to make the official low of the day at $586.07, but other than that, between 10 am EST and market close, there was extreme neutrality as investors made nothing, market makers printed, and 0-dte’ers cried over theta. I really wish there was more to be said, but not much can be said when we ended the day with $SPY not moving again, and ending the day at $590.
There really was not much that could be said for anything outside the momentum in the first hour, but again, everything about yesterday was extremely predictable, so I hope you all had some fun and realized some gains, but hey, such is life. Let’s hope that there’s more momentum and opportunity today!
S&P 500 Heat Map - 05/29/2025
Thoughts & Comments for Today - 05/30/2025
Today is going to be a confusing time for the markets. If I am being completely honest with you, I believe that there will be points in the day where there is general market momentum, but at the same time, with the neutrality that we’ve been seeing across the board, it would not surprise me if a portion of the day was spent burning theta and continually chopping kids out, mostly around the lunchtime session. I am not saying we cannot have a momentum-based movement that is beautiful, but in reality, we are at a consolidation point at the moment with $SPY within this $590 range. Now, the question is, which way do we ultimately snap? Just know that we can realistically go any direction, mostly with an orange swan in the water. People will be confused, have a difficult time, and not be able to justify allocating confidently, regardless of market conditions. But again, that is life, and general markets.
I will warn you, though, I said that there were opportunities available for 0-DTEs, puts at open would have printed, and you would have had a great time, but going into today, I am saying that I do not believe there is the same competitive edge towards allocating into 0s today. I am expecting neutrality going into open as there is general fears. If you enter a 0-dte around open, and ride for an hour or two, and markets remain neutral, you’ll get absolutely slapped around. Market makers and option sellers will love to collect your premium, and are more than happy to watch you sit there confused and losing money. I am not saying there will not be momentum based movements in the markets, or that there will not be any zeros out there that return significantly, I am sure that there will be a bunch of 0’s that absolutely print for traders today. Still, I just believe that going into today, with the expectations of neutrality, that statistically, the majority of traders who attempt to allocate today will get burnt trading 0’s.
The biggest thing, though, even if you are trading 0s or not, is to just make sure to practice safe risk management. Traders have obviously had difficulties over the past couple of weeks due to confusion and inconsistencies in the markets, but that is simply a part of life and navigating the markets. Everyone should be able to realize gains today, no problem, but the worry is the downside risk that you all are taking as a result of everything. As I have said before, the best way to not get shot is to not stand in front of a loaded gun. The best way to not lose your entire portfolio is by not going all in on a single position with your entire portfolio, especially if you do not understand the complete risk that is involved. If you understand the risks, comprehend the downside, sizing appropriately, and are comfortable taking on the play, then and only then are you truly practicing safe risk management.
One play that I want you all to watch, but not act on at all in any way, shape, or form is $RGC. $RGC is a random Chinese Biotech play that has ripped up 2000%+ over the previous couple of days. DO NOT FOMO IN. DO NOT PURCHASE. DO NOT TOUCH THIS PLAY AT ALL. But, this is literally a Chinese pump and dump in the making. Please watch this and watch the volatility of this play. You will see it move stupidly heavily in either direction, but ultimately, you will see it crash down one of these days. I don’t know if it will be today or tomorrow, but I just know that one of these days, this organization is going to get slaughtered. Again, this is NOT a signal to buy this company. ONLY watch this. You will see some mass manipulation, and you will see the exact reason WHY I do not advise ever FOMOing into a runner, pump and dump, or anything else, as you will become someone’s exit liquidity. This is going to be a great learning lesson you all will see in real time. So, add this one to your chart and just watch.
Please be cautious and safe when trading today. I expect to see more neutrality in the markets today, making conditions more challenging for scalpers and 0-DTE traders. Please tread lightly, practice risk management, and aim to realize some gains while trading today.
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, $RGC
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 05/30/2025 (ET):
Personal Income - 8:30 AM
Personal Spending - 8:30 AM
PCE Index - 8:30 AM
Retail Inventories - 8:30 AM
Wholesale Inventories - 8:30 AM
Consumer Sentiment (Final) - 10:00 AM
Notable Earnings for 05/30/2025:
Pre-Market Earnings:
Canopy Growth Corporation (CGC)
Wrap up
Hopefully, markets only continue to rally up for us today, and we are provided with some beautiful opportunities to trade and realize a significant amount of gains in an extremely short period of time. Please, be careful and cautious with everything as in the case markets remain in a state of neutrality, kids will get absolutely slaughtered in the process and have a tough time. So make the most out of today, and let’s have a great time!
Good luck trading, and let’s end this week strong!!!