HaiKhuu Daily Report - 06/09/2025
Good morning, and happy Monday!!! I hope you traders all had a wonderful weekend and are ready for today!!! Market conditions are currently less than ideal, with an extreme amount of confusion across the board. Many traders are cautious yet optimistic going into today, with $SPY trading just shy of $600. As a result, market conditions should continue to remain strong.
Obviously, anything can happen at this point, largely due to the extreme volatility and current market conditions. However, with all that said, we can still take steps to maximize our profit potential. There will consistently be opportunities that present themselves not only today, but also shortly, where market conditions can continue to display general strength.
So, do what you can to make the most of these conditions, and continue to remain optimistic as $SPY is trading at a major resistance level. With that said, make sure to protect your bottom line and practice safe risk management, as market conditions are likely to be less than ideal, resulting in inconsistent or extremely profitable trading throughout the week. So maximize your potential, and have an amazing time!!!
Good luck trading today, and let’s realize some gains!!!
The updated $SPY daily levels are as follows:
Conversion Line Support: $589.63
Baseline Support: $578.43
Psychological Resistance: $600
Daily Cloud Support: $547.51
Thoughts & Comments from Last Week
Last week was a terrible time for the markets, if I am being completely honest. We did, thankfully, watch as there was strength across the board. Market conditions were strong, looking ideal, and honestly, traders should continue to remain relatively optimistic and excited, but the inconsistencies and lack of momentum really are what drive my judgment. Overall, $SPY continued to display resilience and strength, providing us with opportunities to trade and realize some gains. So, hopefully you didn’t get caught up with the orange swan with a loaded gun, and realized some gains in the process!
So, we started last week with $SPY trading at $587.90. Market conditions were relatively weak to start the week as $SPY went on to make the official low of the week, trading at $585.06. Afterward, markets continued to move up, displaying generalized strength and opportunity, and remained strong.
Markets rallied throughout the rest of Monday, pushed through Tuesday to only be met with neutrality in the back half of the day, and watched as that neutrality continued throughout all of Wednesday, into the first half of Thursday.
Market conditions remained strong as $SPY was trading above $595, but at the same time, we didn’t realize how choppy the water was. Trump and Elon apparently got into an elementary school argument and spat, which caused shareholders of Elon’s organizations to lose over $150B almost instantly.
$SPY dumped as a result of selling off on Thursday, before popping back up and having the time of its life on Friday.
Friday itself was rather uneventful. There were no good opportunities, and traders had an extremely difficult time if they attempted to scalp, trade, or make any allocations in the process., I feel that the biggest issue with Friday, which I thankfully warned everyone about, is a result of the ongoing market conditions and placement. With momentum being slow, right under one of the most major resistance levels before a breakout, it would not surprise me that we chopped at that level, and we did. $SPY continued to remain relatively neutral, and conditions were less than ideal. But hey, it’s simply life. $SPY did remain neutral, breaking above $600 in the process for a split second, before coming back down to ultimately end the week with $SPY trading at $599.14. Up $11.24 for the week, or up just shy of 2%.
I will say again that it was a terrible week for the markets. Not as a result of the movement, because we should be very happy that $SPY is trading extremely nicely, but the neutrality and BS state of the American political system. Again, not to make things political, but come on. Elon and Trump spat, costing hundreds of billions of dollars? Unprofessional. Unacceptable. But regardless, no one cares what I feel about the situation, so life moves on. Make the most out of this week, and have a great time!!!
S&P 500 Heat Map - 06/06/2025
Thoughts & Comments for Today - 06/09/2025
Today should be an interesting time for the markets. With the way that everything is sitting at the time of writing this report, there is a lot of confusion and optimism in the air. With $SPY trading just under $600, many traders are going to be less than optimistic, not as a result of their current positions not performing well, but with knowing that there is a significant amount of resistance towards the upside at this point. It may be difficult to get the necessary confidence to capitalize on these market conditions, but this is simply just one of those scenarios where those who take on the risk will either be the ones who are burned or the ones who make the most money. The question is, how lucky are you, and how strong of a trader are you.
Many traders are not comfortable in these conditions; if that is you, do not feel bad at all in any way, shape, or form. You feeling uneasy in these conditions, honestly, in my opinion, says more about your personal ability than if you were coming to me and stating that you are overly confident in your ability to navigate right now. One person is smart enough to realize they are dumb enough not to make money in the markets, while the other trader is so dumb that they believe they are smart enough to make money in the markets. Again, this is not an attack on any individual nor is it a statement on anyone’s ability to trade, but I can tell you with almost 100% certainty that these market conditions are going to be difficult to navigate, and will take many hostages. I am not saying that YOU specifically will become a hostage today to your trades, but I can say with 100% certainty and confidence that someone here will ultimately will be stuck in a position. So just do what you can to make sure you do not get caught.
But, just remember not to fight this market moment. If market conditions are looking genuinely ideal, then do not short regardless of how things look, but at the same time, don’t blindly buy a dip if you are not prepared to allocate accordingly in the process. Market conditions are ideal at the moment, but allocating at this current price is tough, mostly right under this daily resistance level.
I will say that I still do believe that $TSLA is the catalyst you should look at for general market movement and sentiment. $TSLA will be the organization that will drive the large majority of the markets, not only today, but in the near future, with this increased volatility across the board. Tread lightly, practice safe risk management, and just continue to make strong allocations into phenomenal organizations, and simply continue to hold those positions until you are comfortable with your profits and confident in your ability to continue to capitalize.
The biggest warning I will always have is just to make sure that you can continue to fight another day. Market conditions are less than ideal on a day like today, they are going to be even worse if conditions weaken, but it doesn’t matter if the markets strengthen tomorrow, if you lose your ass today. So make some smart decisions, make some good allocations, and have a great time. There is no reason to get shot in these market conditions, so don’t stand in front of a loaded gun.
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, $META , $INTC, $NVDA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 06/09/2025 (ET):
Wholesale Inventories - 10:00 AM
Notable Earnings for 06/09/2025:
Pre-Market Earnings:
Graham Corporation (GHM)
After-Market Earnings:
Casey's General Stores (CASY)
Lakeland Industries (LAKE)
Limoneira Company (LMNR)
Calavo Growers (CVGW)
Skillsoft (SKIL)
Wrap up
Hopefully, market conditions will remain ideal as $SPY breaks out today. I will voice my concern about the orange swan in the water, which makes me extremely skeptical of these conditions. However, continue to remain optimistic and hope that $SPY breaks and holds above $600. Just remember to practice safe risk management during this time and do what you can to maximize your profit potential. There are many opportunities to trade and realize gains, so it's simply a part of life. Make the most out of today, realize some gains, and have some fun!
Good luck trading, and let’s see $SPY $600 today!