HaiKhuu Daily Report - 06/03/2026
Good morning and happy Wednesday! War news is back on, baby. Market conditions are looking alright in these conditions, as there is only a mild bearish movement at the time of writing this report, but anything can happen before the open. Oil prices have already spiked, meaning that uncertainty and fear are going to increase leading into today.
Please, tread lightly and practice safe risk management in these conditions. Traders are going to have a difficult time navigating through today due to the increased volatility and uncertainty driven by this war. Obviously, these conditions are not the most ideal while trending around new all-time highs, but that is simply just life. We navigate this volatility in real time and have some fun.
Make the most out of today, make sure to not fight any trends, and prepare accordingly for what is going to be an amazing day.
Good luck trading today, because we might need it!
The updated $SPY daily levels are as follows:
Conversion Line Support: $747.14
Baseline Support: $734.38
Psychological Support: $750
Previous All-Time High: $760.40
Daily Cloud Support: $686.47
Thoughts & Comments from Yesterday - 06/02/2026
Yesterday was a rough day for the overall markets, but we watched as $SPY made a new all-time high, so who can really complain at the end of the day? Hopefully, you all were able to make the most out of the short-term volatility and realized some gains in the process. We saw some opportunities to generate some life-changing money, so hopefully you were able to make the most out of yesterday and enjoyed the process!
We started yesterday with $SPY trading at $757.16. Market conditions were less than ideal at open as we opened slightly red, and watched as $SPY rallied beautifully from the bottom throughout the entire morning after open. Essentially, the entire morning was filled with strong bullish momentum as we trended towards the previous all-time high, tested that level, and then broke past it, making a new all-time high in the process, despite it only happening by cents.
Markets were great at the top, traders were overly confident as a result of the strong momentum, and then we watched as the back half of the afternoon was just relatively disgusting.
Everything came down slowly in the back half of the trading day as we trended down from the top, rejected $760, popped back down to the $759 range before moving back up slightly into the end of the day, where we officially ended the day with $SPY trading at $759.57, up 0.14%, or up roughly $1 total.
So, I will say that these market conditions are obviously a little more difficult to navigate in real time, but opportunities have only continued to be presented to us. I hope you all are capitalizing on the strength of the markets at these levels, and I hope that you have been printing in the process. These market conditions are going to be beautiful, so let’s see what happens today and make the most of it!
S&P 500 Heat Map - 06/02/2026
Thoughts & Comments for Today - 06/03/2026
Today is going to be an interesting and relatively confusing time for the general markets. We are getting war news, but unlike a couple of months ago, despite getting war news, $SPY is down less than 0.1% at the time of writing this report. War news is going to drive volatility and uncertainty, but with the way the markets are trending and performing right now, it does genuinely appear that no one really “cares” about the efforts going on right now, as it is unimpactful for these traders. So, tread lightly going into today because losses can be quickly generated in the case there is a major war headline that pops up.
I’ve warned you all about this before, we are in war-time news cycles, we are at a lower point of the cycle as war news is not as heavily impactful, but at the same time, with everything going on, just please tread extremely lightly because there always is a shot that there is going to be a continatuion of this bearish sentiment once we get some significantly imapctful news that causes us to sell off.
But hey, until then, we get to speculate accordingly on the markets. $SPY is exceptionally strong right now as we are trading at an all-time high, and general market conditions only continue to kill it. Traders should be experiencing short-term volatility, but at the same time, with the confidence we are experiencing, it is almost hard not to be optimistic, bullish, and excited for these conditions.
We have only continued to make new all-time highs over the previous couple of months, and market conditions have looked absolutely amazing. Obviously, anything can happen here in the short term that we may not have priced in or have prepared for, but at the same time, with the volatility we are experiencing, this is one of the best times in the world to be actively trading and scalping. Anyone trading or scalping in these conditions should be killing it.
Single name volatility is absolutely killing it in these conditions, where $SPY, on an intraday basis yesterday, moved up 0.1%, while some of these single names like $HPE moved up 30% in the same timeframe. So, just make sure you are following trends, but also making sure you are following something that is trending by itself.
These conditions are ideal for the perfect storm; we are seeing elevated prices, volatility, and uncertainty leading into retail traders coming back into the markets. Hopefully, those retail traders provide solvency and liquidity. Many traders will generate some life-changing gains over the next couple of trading days. So do your best to make the most of this short term volatility and inconsistency in the markets, realize gains when possible, and have an absolutely amazing time.
This will be an exceptionally fun day for the markets, so go on, realize some gains, and have an amazing time!
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: $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 06/03/2026 (ET):
ADP Employment - 8:15 AM
Factory Orders - 10:00 AM
ISM Services - 10:00 AM
Fed Beige Book - 2:00 PM
Notable Earnings for 06/03/2026:
Pre-Market Earnings:
MiniMed (MMED)
Medtronic (MDT)
Macy's (M)
Sprinklr (CXM)
Ollie's Bargain Outlet (OLLI)
After Market Earnings:
Broadcom (AVGO)
CrowdStrike (CRWD)
Veeva Systems (VEEV)
Descartes Systems (DSGX)
ChargePoint Holdings (CHPT)
Five Below (FIVE)
Netskope (NTSK)
Tilly's (TLYS)
Petco Health and Wellness (WOOF)
Wrap up
These market conditions are going to be interesting with the inconsistencies and volatility we are experiencing. I am excited to trade with you all today, so please continue to make the most out of the opportunities that are being presented to us and have an absolutely amazing time. You guys are amazing, and are going to absolutely kill it, so practice safe risk management and realize some gains!
Good luck trading!