HaiKhuu Daily Report - 06/11/2026

Good morning and happy Thursday! Congrats to ALL of the Knicks fans out there, that was quite the comeback, and hopefully we are about to see a comeback in the markets!

Market conditions are looking great during the pre-market sessions as $SPY is up roughly $6 from the previous close, and despite the bearish sentiment and momentum being built, life is good, and so are these market conditions. Please continue to tread lightly and practice risk management, but understand that I genuinely believe that we are at the back half of this selling. Hopefully, I am right, and this selling ends soon, but please, continue to practice safe risk management and do everything in your power to maximize your potential.

This could honestly be an amazing day for the markets in the same way that selling occurs; buying afterward is going to be quick and unexpected, leaving many traders behind. Hopefully, today is that day. Obviously, I cannot promise anything, but with the way the markets are trending, it is hard not to be optimistic, hoping for a recovery soon.

Make the most of the opportunities presented to us, and let’s have an amazing time!

The updated $SPY daily levels are as follows:
Conversion Line Support: $741.50
Baseline Support: $740.94
Psychological Support: $720
Previous All-Time High: $760.40
Daily Cloud Support: $695.33

Thoughts & Comments from Yesterday - 06/10/2026

Yesterday was a genuinely disgusting day for the markets, but as bad as this sounds, it is almost like we expected it to happen. General market conditions were weak, traders had difficulties navigating short-term volatility, and anyone who attempted to buy the dip was met with a massive Super Bowl-sized tray of seven-layer dip. Hopefully, you all were able to survive the short-term volatility and were able to realize gains in the process, but with the way the markets were trending, I will say that unfortunately, the majority of traders did generate losses, so hopefully any of the losses that were incurred yesterday were not of any major significance, and I hope you all had a wonderful night!

We started the day with $SPY opening at $733.33. Market conditions were looking relatively weak at open, but we watched as there was instant bullish momentum right from the get-go. We rallied quickly from the open price and watched as $SPY continued to rally from the open. Traders were excited, opportunities were amongst us, and $SPY went on to make the new official high of the day, trading at $738.38, leading into the lunchtime lull.

Market conditions were neutral as we were essentially black from the previous close, yet we watched as conditions quickly weakened leading into the lunchtime session. We were getting war news, traders were losing confidence, and investors started to sell at the top as we dropped into the lull, making a relative low around $730 before ultimately selling off once again.

We hovered around $730 throughout the entirety of lunch, through the early afternoon into the back half of the afternoon, where $SPY dropped once again leading into power hour & close, where we officially ended the day with $SPY trading at $725.43, down $12, or down roughly 1.6%.

As bad as this sounds, what I will say again about yesterday is that it was genuinely predictable, but I don’t think anyone necessarily “Wanted” it to happen. We knew that the markets could easily continue to come down, yet we all watched from the sidelines as the train derailed. Hopefully you all were able to capitalize on the momentum on an intraday basis and were able to realize some gains, but that definitely was a difficult day for the markets. Regardless, it is simply life. Hopefully, you all had some fun and were able to make the most out of the short-term volatility!

S&P 500 Heat Map - 06/10/2026

Thoughts & Comments for Today - 06/11/2026

Today is going to be an interesting time for the general market. With the confidence that we are seeing in the short term and the selling that has occurred over the previous couple of days, traders have been chopped out, traders have been stopped, and traders have had a difficult time. This selling needs to end; the question is when WILL it end, and who will be able to capitalize as a result.

I genuinely believe that we are towards the back half of this selling event, and I need to warn you all now that when the selling ends, the markets are going to snap back up in a way that nobody expects. The question is, when does this happen, and where do we go from here? Obviously, I do not have a crystal ball, nor can I predict the future (With 100% accuracy), but what I can say is that the selling we’ve experienced is starting to slow down, and we are “waiting” for a catalyst to cause us to move at this point.

Obviously, I don’t want to be overly bullish or bearish at this moment, but what we need is a catalyst event to cause the markets to move in a direction. I don’t know what that catalyst is, nor when it will occur, but all I know is that “Soon,” the markets will find a catalyst, and hopefully it is in our favor.

We’ve seen a lot of negative war news in the short term, which has heavily impacted the markets, and we’ve not seen any true catalyst to stop this selling. It is unfortunate, but with the buying that we’ve seen over the previous couple of days during each pre-market session, it means that the markets WANT to move up, but traders and sellers are the ones keeping us down. All we need is the strength and momentum to break past this level with confidence.

A strong bullish catalyst is going to be beautiful; it will most likely come in the form of positive war news, but remember to continue to practice safe risk management in these conditions, as this volatility has driven so much uncertainty that, as much as we want to be bullish or optimistic, it is going to be difficult to navigate.

Just do not fight any trends, follow the momentum, and remain confident with your allocations. As long as you are practicing safe risk management, you’re going to be in a great spot.

So, now let’s talk about $ORCL. Despite having an amazing earnings call, we beat expectations, yet $ORCL fell roughly 9% overnight. Not the worst thing in the world, but at the same time, less than ideal. We are back in that $180 range I brought up for $ORCL yesterday, so it is time to play downside capitalization on these earnings. If you are looking to take on some risk. If you are looking to sell some CSPs, $ORCL today is going to be one of the most insane plays you can make.

For CSPs, you should look to sell them as far OTM as possible at the closest expiration, and hope for the best, and close out your contracts as quickly as possible, and for shares, you should look to find where the selling officially stops, and look for an opportunity to scalp towards the upside. There is still continued downside risk with $ORCL, as this can easily drop another 20% in the case everything goes wrong, but at the same time, with the confidence we are experiencing, it’s almost hard not to want to buy this dip and capitalize on the tears of the $ORCL shareholders. So again, tread lightly and practice safe risk management if you want to attempt to trade $ORCL. This is not a signal to buy or sell, but this is a great discounted rate that is going to provide us with some opportunities to trade today! So trade accordingly and have a great 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: $ORCL, $AVGO, $NVDA, $AMD, $MU, $INTC, $TSLA, $PLTR

• Speculative: $PTLO, $RIVN, $RBLX, $CELH, $TRLV

• Long Dividend: $JEPI

• Long Investment: $PTLO

• Crypto: $MSTR, SOL, BTC

Economic News for 06/11/2026 (ET):

• Initial Jobless Claims - 8:30 AM

• Producer Price Index - 8:30 AM

• Core PPI - 8:30 AM

Notable Earnings for 06/11/2026:

Pre-Market Earnings:

• Aurora Cannabis (ACB)

• Hooker Furniture (HOFT)

• Lovesac Company (LOVE)

• McGraw-Hill (MH)

• Vera Bradley (VRA)

After Market Earnings:

• Adobe (ADBE)

• Lennar (LEN)

Wrap up

This is going to be a volatile day. Hopefully, the volatility is in our favor and that traders are able to realize a significant amount of gains in a short period of time. Conditions are looking great leading into today, so hopefully we’ve found a bottom and the markets break out from here. Tread lightly, practice risk management, and let’s have an amazing time trading today!

Good luck trading, and let’s see where $SPY ends up!