HaiKhuu Daily Report - 06/02/2026
Good morning and happy Tuesday! Man, what an absolutely insane time for the general markets! We just made a new all-time high, Jensen Huang just stated that he believes $MRVL is going to hit $1T, resulting in a 25% rally overnight, and we called out a perfect earnings play on $HPE.
Lives could have easily changed overnight, and hopefully for someone here, their life was changed. The plays we’ve brought up over the previous couple of trading days have been absolutely insane, and I just want to say congrats again to everyone for surviving this long in the markets. We’ve survived a new all-time high and are ready for another day of volatility.
Markets are down slightly at the time of writing this report, but that is simply just life. So, we see what the markets have in store for us and do everything in our power to have an amazing time. So go on and realize some gains today, and let’s have an insane time.
Good luck trading, and let’s see some new all-time highs!
The updated $SPY daily levels are as follows:
Conversion Line Support: $745.90
Baseline Support: $734.33
Psychological Support: $750
Previous All-Time High: $760.28
Daily Cloud Support: $682.66
Thoughts & Comments from Yesterday - 06/01/2026
Yesterday was a wild day for the general markets with strength, confidence, and a new all-time high. General market conditions were beautiful as general tech organizations absolutely rallied, but we watched as some traders had difficulties. It all came down to when and where you allocated, but as long as you followed the general market momentum or listened to us, you would have absolutely printed!
We started the week with $SPY trading at $755.28, down slightly from the previous close, and watched as market conditions were choppy, slow, and relatively neutral. We watched as $SPY made the official low of the day, trading at $754.69, and really did not do much in the entire morning. Thankfully, leading into the lunchtime lull, the markets moved up slightly and provided us all with a small opportunity to capitalize on some bullish momentum, but in reality, after the lull is when the magic started.
Leading into the afternoon, we watched as there was continued strong bullish momentum in the markets as $SPY only continued to rally in the back half of the trading day. We got some strong news resulting in the markets finally breaking out of it’s consolidation, resulting in $SPY making the official high of the day and All-time high trading at $760.27. Everything was absolutely beautiful, traders easily realized a significant amount of gains, and we all had a wonderful time.
The markets did come back slightly towards the end of the day, where we officially ended the day with $SPY trading at $758.54, up $2.06 for the day, or up roughly 0.27% overall. Market conditions were great, and traders honestly had an insane time. Throughout the day, I continued to alert $HPE, and I am so happy that our PT’s hit perfectly. Congrats once again to everyone in $HPE with us, and I’ll talk more about the play in a little!
S&P 500 Heat Map - 06/01/2026
Thoughts & Comments for Today - 06/02/2026
Today is going to be another hectic time for the markets. We continue to push in an irrational way, and traders are all having an absolutely wonderful time attempting to scalp and trade in these conditions. There are trades genuinely everywhere in these conditions, and my advice to all of you is to make sure you are practicing safe risk management today, but taking on proper risk. This is the time that everyone should be attempting to maximize all of the potential provided to you because these conditions are genuinely one of the best conditions in the world to ever trade. So please, continue to follow these market conditions and do everything in your power to maximize your potential.
Traders are only going to be provided with opportunities to scalp and trade today. These market conditions are so irrational and inconsistent that opportunities only continue to pop up. Just look for where there is momentum, where there is volume, and look for the volatility. As long as the trend is in YOUR favor, you are actively allocating with confidence, and there is justification for the movement, I genuinely do not see a reason why you all cannot continue to capitalize on these conditions.
The inconsistencies will make trading difficult. I am not attempting to downplay that, but in reality, those inconsistencies are what make these market conditions beautiful. They reward those who know how to trade and allocate, and punish those who are fighting trends, allocating improperly, or those who are impatient.
So wait and make sure you make solid trades. I’ve said this before, and I’ll say this again… Quality of trades > Quantity of trades. I would rather you all wait around, take fewer trades, and feel like you are doing “less,” but in reality, you are doing more due to the fact that you are waiting on the perfect allocation versus forcing positions that don’t work out. So make some smart trades today, and make sure to follow the general momentum.
Now this is the part you guys are excited for me to talk about. $HPE earnings yesterday. As expected and alerted, $HPE was an absolutely gangster play. The organization had its largest earnings beat since 2018, and as a result, rallied approximately 30% from our entry. I want to say that with the way these market conditions are looking, I genuinely don’t see why anyone else expected anything but that. The organization looks amazing at the moment, and this is just a warning: if you missed out on our entry, it is not wise to FOMO in at this point.
If you are still in $HPE, this is my two cents about the position.
I personally sold my shares yesterday after hours on a nice little rally. Market conditions were strong, and traders were excited. It provided me with instant solvency, but I did miss out on a little bit of the top. I personally did not want to hold that exposure, and in reality, I’d be down slightly if I held until this point. If you are in, especially if you are in OPTIONS, look to get out of your play ASAP. This is one of the benefits of trading shares, and in the process, it decreased the risk exposure I had to take. My night was a lot different selling that position on the drive home, versus actively watching and stressing that the position remains at the level it is until the end of the day.
So, please make sure to take profit on the play today as quickly as possible. Make sure to get out of 100% of your options ASAP, and be realistic with your expectations of this play at this point. Yes, we can easily continue to break out, but this is one of those times that the risk-to-reward ratio is too high to get in and too high to justify continuing to hold the play. I may be wrong on this, but in reality, with the motion we’ve seen, it’s great to take advantage of the bullish momentum as everything is moving up, to sell too early and miss out, then FOMO in at the top and watch as the markets take all of your profits and then some.
This is going to be an amazing time, I’ll let you guys know what I ultimately end up doing, but until then we will sit back, relax, and enjoy another beautiful day for the markets!
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: $HPE, $SPCE, $MU, $AMD, $MRVL, $ORCL, $INTC, $TSLA
Speculative: $PTLO, $RIVN, $NKE, $RBLX, $CELH
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 06/02/2026 (ET):
Cleveland Fed President Beth Hammack Speech - 8:55 AM
Job Openings - 10:00 AM
Notable Earnings for 06/02/2026:
Pre-Market Earnings:
Victoria's Secret & Co (VSCO)
Dollar General (DG)
ODDITY Tech (ODD)
Donaldson Company (DCI)
Signet Jewelers (SIG)
After Market Earnings:
Palo Alto Networks (PANW)
GitLab (GTLB)
Ulta Beauty (ULTA)
Sportsman's Warehouse (SPWH)
PicPay (PICS)
Wrap up
These market conditions are going to be amazing. Congrats once again to anyone who was able to get into $HPE with us yesterday, it is funny how the past couple of absolutely gangster plays get pulled out of thin air. So let’s see what the markets have in store for us today and see what we can do to maximize our profit potential. Life is good, and so are the markets, so enjoy this momentum and let’s see where we go!
Good luck trading, and make sure to realize some gains!