HaiKhuu Daily Report - 06/06/2025
Good morning, and happy Friday. Wow, all I can say is that, as much respect as I might have for both Elon and Trump, I think that yesterday was utter BS as a result of this newfound spat between the president and his ex-boyfriend. There will be logistical issues as a result of these ongoing conditions, but regardless, it is simply part of life.
These market conditions are volatile, with Tesla experiencing a 14% drop as a result of this dispute. Still, oddly enough, people are now embracing the idea that Trump and Musk might discuss things today, potentially leading to $TSLA recovering a significant portion of the losses incurred, which would likely further devastate traders.
Regardless, please be cautious today. Traders can get slaughtered in these conditions, and it is more a matter of being able to continually capitalize on them with both comfort and confidence, while practicing safe risk management. Please, tread lightly and let’s see where $SPY takes us today!
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $587.30
Baseline Support: $569.74
Psychological Support: $595
Daily Cloud Support: $547.52
Thoughts & Comments from Yesterday - 06/05/2025
Man, yesterday was an absolutely disgusting day for the overall markets as a result of everything going down, literally and metaphorically as $TSLA dives 15%, and we find out that Trump is on the Epstein list. What a wild time over the fact that this country is ran by children having a playground spat, but welp, such is life.
So, we started the day with market conditions looking alright as $SPY opened at $597.64. Conditions were looking alright going into open, but watched as $SPY quickly dropped from the get go, and went on to make a relative low at $594, before recovering back up and hitting $598.98. Things did become grosser towards the afternoon though as $SPY went on to drop from the top ropes, and continually sell off, going on to make the official low of the day trading at $591.06, before bouncing up ever so slightly into close, recovering only a small portion of what was recovered, so we all ultimately ended the day with $SPY trading at $593.05, down $2.88 for the day, or down just under 0.5%.
That doesn’t sound terrible right? Slightly red dayu for the markets? Can’t be that bad…. right? Welp, nope. In reality, the markets should have broken above $600 yesterday, but as you all saw, $TSLA did not perform well at all in anyway shape or form to the Trump x Musk spat, resulting in $TSLA dropping 14%, and diving over $100B in market cap. As much as I want to be positive and optimistic, I will say that this movement does leave a nasty taste in my mouth. So please, be careful and tread lightly as many traders are going to be able to realize a significant amount of gains with ease while attempting to trade today, while others are unfortunately killed again, so let’s see what happens and make the most out of today!
S&P 500 Heat Map - 06/05/2025
Thoughts & Comments for Today - 06/06/2025
To start, I want to say that if you couldn't tell by now, I am not happy with the current political climate and feel that everyone involved in this drama is childish, which has resulted in hundreds of billions of dollars lost across the board. I am not saying that we might not recover, but losses were generated as a result of the ongoing spat between the president of the US and his Ex-boyfriend. As a result of this chaos, we are seeing significantly more volatility and difficulties to navigate these conditions with generalized confidence. But hey, it is simply just life.
Please just be extremely careful while attempting to trade today. I expect to see a significant amount of inconsistencies in the markets and, there is not much that can be done. Just continue to practice safe risk management when attempting to allocate. There should be comfort in your position once you are in, and you should not force any position you are not comfortable with, as irrationality happens as a result.
I do want to want you all though, that with this volatility and confusion in the markets, trades and traders will become irrational, and as I said yesterday and multiple times before, when irrationality hits your mind as a result of ongoing conditions, the end result is you simply getting hurt by over trading, over allocating, and taking on way too much risk. Yes, plays can obviously always work out, but often times, there are plays that simply are not worth the overnight risk of exposure.
So, be careful if you are attempting to trade a position that is impacted by Trump, not only today, but again for the near future.
Depending on where the markets go, allocate accordingly, based on your comfort and confidence levels.
A couple of organizations though that I do believe that you should look into, or at least start watching here for the near future
$AAPL > $TSLA > $BABA > $PDD
All four of these organizations are currently impacted heavily with Trump, and as a result of that, have had a tough time. Apple and China are butting heads, while Tesla is too. I won’t talk about $TSLA for now, but for $AAPL, $BABA and $PDD, just note that if there is any positive news about trade talks, then and only then are traders going to print on these plays, until then there is a lot of confusion and inconsistencies with every organization knowing there is an orange swan in the water.
Just be careful with $TSLA though, I personally got burnt with it yesterday, isn’t the first time, nor won’t be the last time, but I still do believe that $TSLA is a great organization, I just am really not a fan of the short term political BS game that is being played right now. So please, just do what you can to try not to get caught in the pain, and see what we can to today to realize as many gains as possible!
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, $TSLA, $JEPI, $AAPL, $BABA, $PDD , $INTC, $NVDA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 06/06/2025 (ET):
Employment Report - 8:30 AM
Unemployment Rate - 8:30 AM
Hourly Wages - 8:30 AM
Consumer Credit - 3:00 PM
Notable Earnings for 06/06/2025:
Pre-Market Earnings:
No Earnings Scheduled
Wrap up
Hopefully, markets are able to fully recover today and that traders can only continually print while enjoying these conditions. I know that I am not super excited going into today, but I genuinely hope that you all are, and are ready to print! As always, please practice safe risk management, and let’s have an amazing time trading!!!
Good luck trading, and let’s end this week strong!!!