HaiKhuu Daily Report - 06/12/2026
Good morning and happy Friday!!! Wow, this week has FLOWN by, and we’ve been presented with insane opportunities to trade and realize some gains. I hope you’ve all had a lot of fun and were able to capitalize on the insane volatility we’ve experienced. Markets are looking great, and opportunities are genuinely amongst us in these conditions.
Speaking of opportunities, today is the SpaceX IPO. I will have a LOT of comments regarding this IPO, including my thoughts, sentiment, and how I plan on allocating, so make sure to read the full report to see everything in depth.
But with all of the uncertainty in the markets today, be optimistic and excited, but prepare accordingly for a difficult time. Gains will be easy to come by, but trades will be difficult to find. So trade what you know, remain comfortable with your ability, and continue to make the most out of this short-term volatility.
We are going to have an amazing day, so make the most of it and let’s have a great 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 - 06/11/2026
Yesterday was an absolutely amazing day with some insane opportunities to trade and realize some gains. Hopefully, you all read the report and listened in during the call because we were able to almost perfectly predict the market conditions, and traders were able to realize a significant amount of gains while attempting to trade yesterday! Congrats to anyone who was able to generate a significant amount of gains, regardless of whether the gains were realized or unrealized. It was an amazing day, and I am so proud of each and every one of you!
We started yesterday with $SPY trading at $728.82; market conditions were strong, markets were up slightly, and we called for the selling to end. Markets quickly popped and chopped around open, providing some better and some worse opportunities, and we watched as $SPY ultimately did nothing of any major significance the entire morning. We moved up to break past the $730 resistance and make a relative high. We watched as $SPY dropped a couple of dollars and made the official low of the day, trading at $724.40. We joked about how $725 calls are going to go heavily in the money, and watched as throughout the entire morning, the lunchtime session, and the early afternoon were filled with tight choppiness that made trading difficult for the majority.
Then, Trump.
Leading into the back half of the afternoon, $SPY was making new relative lows, conditions were looking weak, but we were showing signs of a reversal. I personally alerted that the markets were looking to reverse, and then, in typical Trump fashion, literally one minute after that alert, we watched as Trump announced that he was not going to bomb Iran, resulting in the markets breaking out towards the back half of the day.
We instantly rallied on the news, and watched as $SPY essentially gained $10 in a matter of minutes, and had continued strong bullish momentum into the end of the day. We broke out leading into power hour and continued to show generalized strength in the process. We went on to make the official high of the day leading into close trading at $740.00, before coming back down slightly and officially ending the day trading at $737.76, meaning that $SP Y was up $12.33 for the day, up 1.7% overall.
It was a beautiful day for the general markets despite the difficulties that we experienced, and the markets continued to provide us with some insane opportunities to scalp and trade. Hopefully, you all had general long exposure at the time of the breakout and were able to generate some gains in the process. Markets were great yesterday, and I hope you all had some fun, but man, today’s gonna be interesting, so I hope you all are prepared!
S&P 500 Heat Map - 06/11/2026
Thoughts & Comments for Today - 06/12/2026
Today is going to be an interesting time. Market conditions are good, traders are showing confidence, and it is almost going to be difficult not to be optimistic at this time. Traders are confident in these conditions, markets have recovered nicely from the bottom, and everyone across the board is excited to see what today has in store for us. We are about to see the SpaceX IPO, and man, this is going to take a LOT of people by storm.
SpaceX is about to go public at a $1.75T valuation, and I genuinely believe that this IPO is going to be one of the best IPO’s for traders to watch for multiple reasons.
First off, you are about to see a record-breaking IPO; this will be the largest IPO we’ve ever seen, and it will be a while before another IPO beats it.
Second, retail traders are about to get a large fill of these shares
Third, I genuinely believe you all are about to get scammed.
As bad as this sounds, I genuinely do believe that this SpaceX IPO is going to be a liquidity sweep trying to cash out all of the “Elon fan-boys.”
I genuinely believe that SpaceX is a trillion-dollar company and has a lot of future potential, but at the current valuation and liquidity structure, I believe that $SPCX over the course of time is going to drop, and as a result of that, everyone and their mom that FOMO’ed into getting shares here are going to get shot.
I do not know about you, but we’ve seen multiple space companies hit the markets over the previous couple of years, one of which that you guys might know is $SPCE. Virgin Galactic has been public for almost five years now at this point and is only down approximately 99% from de-spac.
The operations of SpaceX and Virgin Galactic are vastly different, but conceptually, they operate the same.
Burn money up literally and metaphorically, pray there is solvency, and continue to operate a company that is hemorrhaging money in hopes that one day that money comes back to them exponentially.
Yes, in principle, this is basic capitalism and is something to consider, but at the same time, you also have to understand the reality. I’ve spoken directly with Elon about the possibility of the SpaceX IPO years ago, and he stated that SpaceX should “never” IPO because the goal of the organization is not to provide value to shareholders but to expand on the technologies of space travel and to test our limits as humans. The cost of operations is going to be exponentially more than they will ever be able to generate.
There is a high likelihood that SpaceX DOES move up over the next couple of days, but I can tell you with almost a 100% certainty that, given the test of time, SpaceX is going to ultimately come crashing down.
So how should YOU play this?
Before I say anything else, this is a reminder that this is not a signal to buy or sell anything; this is just my personal thoughts on this IPO. I may or may not be correct; take anything I am about to say with a grain of salt.
BUT, I genuinely believe that playing the IPO is going to be a deadly event. Anyone who is attempting to purchase into the IPO instantly after open is going to get a rude awakening and watch as the shares realistically come down over the next couple of weeks/months. There is a chance that the shares will break out in the short term, but in reality, with the evaluation of the organization, it is almost impossible to justify anything at this point.
To contradict this, I genuinely do believe that SpaceX is going to be one of the best plays available in our generation. It all just comes down to the price you are able to enter at. If you are able to steal shares at a fraction of the IPO price, then we are going to be able to purchase what I genuinely believe is a multi-trillion-dollar company for pennies on the dollar. Just wait until there is a liquidity event that causes the stock to plummet 40-50-70-80% and then load up.
Elon WILL dilute shares one of these days when they need the solvency, so buy the dip when it’s around and then make the most of the short-term opportunities that will be available. But again, I would personally recommend staying away from the IPO for generalized safety.
This is going to be a fun time - So let’s print trading this IPO together!
Just a reminder - I need to dip out around 12:30 today, SHOULD be back before market close, but no promises. If I miss close, much love, this has been an amazing week to trade.
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:
IPO: $SPCX (SpaceX)
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 06/12/2026 (ET):
Consumer Sentiment - 10:00 AM
Notable Earnings for 06/12/2026:
Pre-Market Earnings:
No News Scheduled
Wrap up
The only thing that matters at this point is the fact that we are going to experience the SpaceX IPO today. Nothing else matters. Yes, market momentum and movement are going to be essential, but with this IPO happening, all eyes are on Elon, so good luck to anyone attempting to trade this, and I hope you all are able to realize some gains!
Good luck trading, and let’s see where the markets take us!