HaiKhuu Daily Report - 06/11/2025
Good morning, and happy Wednesday! I feel like I say this every week, but wow, this week has been flying by. $SPY is back above $600, and market conditions are looking extremely optimistic at this time. Traders are comfortable, traders are confident, and I hope this is how the markets ultimately break back out to make a new all-time high.
Go into today optimistic and excited, but just continue to tread lightly as many traders are going to have some difficulties navigating the markets in the short term, and as a result, will unfortunately generate losses. So, regardless of what you do, regardless of the direction you believe we are headed, etc, etc, this should be a great day for the markets with opportunities consistently presented.
We get to have some fun today, so be aggressive and do what you can to maximize your profit potential at this time. Also, minimize your risk as much as possible.
This is going to be a great day, so good luck trading, and let’s print today!!!
The updated $SPY daily levels are as follows:
Conversion Line Support: $593.35
Baseline Support: $579.75
Psychological Support: $600
Daily Cloud Support: $547.51
Thoughts & Comments from Yesterday - 06/10/2025
Yesterday was a beautiful day, being the first strong day we’ve had where we’ve broken and retained above $SPY $600, and market conditions could not have been more optimistic as a result. Traders had some difficulties allocating on an intraday basis, but assuming you held some strong equities, or $INTC, you would have had a phenomenal time.
So, we started the day with $SPY opening at $600.24, slightly above the previous close price, opening above the $600 resistance, and the markets never looked back. $SPY broke out from open, conditions looked great as $SPY continually rallied, breaking past $601, and reaching for $602, before quickly snapping back down. $SPY went on to make the official low of the day at $599.09, and I am extremely proud of this alert, but I alerted an entry on some $SPY $600 0-DTE calls when they were OTM on that drop, and then the markets actually never looked back.
We quickly recovered, rallied, and made new highs above $602, looking strong leading into the afternoon, but conditions slowed down towards the back half. $SPY went on to make the low of the afternoon just under $601, but started to chop and show strength leading into power hour where $SPY rallied and made the official high of the day trading at $603.47, before bouncing around and popping back up leading into close.
The day officially ended with $SPY trading at $603.08, up $3.40 for the day, or up roughly 0.57%.
What I will say about yesterday is that it was absolutely amazing and provided us all with some great opportunities to trade and realize some gains. Bears had opportunities throughout the day, but it was a fight for them which is unfortunate, but at the same time, if you were bullish, and held longer dated options or strong equities, you would have been able to hold through the entire day with 100% certainty and confidence, and printed in the process. Congratulations again to anyone and everyone who capitalized on $INTC or $TSLA yesterday, and let’s see where the markets take us today!!!
S&P 500 Heat Map - 06/10/2025
Thoughts & Comments for Today - 06/11/2025
Today is going to be a continuation of the fun and exploration that we get to enjoy in these wonderful market conditions. With the way that $SPY is trading, we are slightly above the previously mentioned $600 resistance point, opening and closing above that level for the first time in however long it has been. That is a sign of continued comfort, and that is a sign of building confidence. I am not saying that you should go all in with your portfolio at this point, but if you are continually holding strong US equities from the bottom with us, continue to hold them.
These conditions are absolutely amazing and are providing us with consistent opportunities to trade and scalp on an intraday basis. If you are attempting to trade in these market conditions, please tread lightly and do not attempt to fight any trends. Conditions are strong, and traders are optimistic. You should not be bearish nor attempt to be bearish right now. There will be opportunities to capitalize on short-term bearish trades, and there will be bearish days in the markets. But from the current point, where I was saying it was tough to be bullish with $SPY just below $600 because there was resistance above you, it is not a good idea to attempt to be bearish here, because there is major $600 support below you. So, it never hurts to be short-term bearish if you believe the markets are overextended, but just be careful being bearish on a larger scale at this point. There is strength and confidence in the markets, which will kill bears.
But what I will say is that if you are bearish on the markets, and want to get an allocation. Getting one now is extremely risky as $SPY is again above that $600 support level. I would recommend waiting until $SPY breaks below that point, yes, you might miss a couple of dollars on your position. You can be upset with me, but what is essentially happening, is that if you wait until $SPY breaks below $600, and then you get to enjoy your bearish position with significantly more confidence, than watch $SPY go from $602 to $601, to $600.73, back to $605, and watch as you get your face blown off your short position. So, just something to consider in these conditions, mostly if you are bearish.
I just want to reaffirm that I have nothing wrong with people who are looking to capitalize on short-term bearish movements or if they believe an organization is undervalued, but I do need to state that anyone who is bearish on the overall markets at this point is wrong. I might be wrong ,as an orange swan can come and tank the markets at any point, or markets can shift. However, given the current market trends, my assessment of retail sentiment, and the prevailing market outlook, we should continue to strengthen, assuming conditions remain solvent.
Do not be passive in these market conditions, do not be overly aggressive in these market conditions, and do what you can to simply have a great time. The best of traders and the luckiest of traders will absolutely love today, and believe that it is going to result in some phenomenal opportunities to realize a significant amount of gains. So make the most out of today, and let’s PRINT!
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, $AAPL, $GME, $TSLA, $JEPI, $BYND, $INTC, $NVDA
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 06/11/2025 (ET):
Consumer Price Index - 8:30 AM
Core CPI - 8:30 AM
Monthly Federal Budget - 2:00 PM
Notable Earnings for 06/11/2025:
Pre-Market Earnings:
Chewy (CHWY)
Vera Bradley (VRA)
J. Jill (JILL)
SailPoint (SAIL)
After-Market Earnings:
Oxford Industries (OXM)
Wrap up
Hopefully, $SPY is able to continue to retain above $600, and conditions remain strong. I am personally optimistic, but that does not mean you should not tread lightly, protect yourself, and do what you can to minimize your losses. Be smart, be safe, and make the most out of today. I believe some traders here are going to make a significant amount of gains with relative ease
Good luck trading, let’s print and have an amazing time!