HaiKhuu Daily Report - 06/16/2025

Good morning, and happy Monday! This is going to be quite the confusing and volatile week for the markets. I hope you all are ready, because things are about to get spicy. 

Markets are up at the moment, but I do believe this is false hope as there has not been any major catalyst that has caused the markets to move up, yet for some reason, traders are confident going into today as $SPY is trending back above $600 at the moment. 

Just remember that this week is going to be extremely irrational and should be treated the same as essentially a four-day trading week. We have Thursday off for Juneteenth, and markets are back open on Friday, but will have stupidly low volume. Traders will be tuned out towards the back half of the week, but this is where things get fun… on top of all of this, we have FOMC and Jerome Powell speaking on Wednesday. SO. This is going to be a relatively spicy week for all of us, and it will make trading extremely interesting. 

If you’ve not checked out the weekly preview, click HERE to prepare accordingly for the week! 

Good luck trading this week, it will be interesting with the current placement we are seeing in the markets!

The updated $SPY daily levels are as follows:
Conversion Line Support: $598.06
Baseline Support: $583.38
Psychological Support: $600
Daily Cloud Support: $542.41

Thoughts & Comments from Last Week

Last week was a rather disgusting time for the overall markets. Conditions were strong, but at the same time, we displayed general weakness in the process, as many traders did unfortunately get burnt through the continued neutrality and chop. Hopefully, you all did well and were profitable last week, but I know that the vast majority of traders did not, unfortunately, generate any sort of significant gains last week.

So, we started last week with $SPY opening at $599.74. Market conditions on Monday were not the best, but we were provided with relatively neutral, yet slightly bullish momentum throughout the day, which set up a beautiful rally throughout Tuesday and the beginning portion of Wednesday!

On Wednesday, $SPY went on to make the official high of the week, trading at $605, before rejecting and coming back down, selling off on an intraday basis, and essentially just hoping we could hold that $600 support level. That is where things start to get fun. As Thursday rolls around, we quickly bounce off $600 and recover beautifully back to $604, before the markets ultimately got shot on Friday over war news, Donald Trump, and other global political nonsense.

We officially ended the week with $SPY trading at $597.00, down only $3 for the week or roughly half a percent, but at the same time, we also dropped almost $10 from the top, broke below the $600 support level on $SPY, and killed many traders in the process. Hopefully, you all were able to realize a significant amount of gains while attempting to trade yesterday, and are hyped about today! Let’s see what this short week has in store for us and print in the process!!!

S&P 500 Heat Map - 06/13/2025

Thoughts & Comments for Today - 06/16/2025

Today is going to be a confusing and tough day to navigate. I do not want to try to sugarcoat how confusing and conflicting it will be for traders today. With everything going on in the world right now, I need to start by saying that there is so much uncertainty, irrationality, and civil unrest at this point that I will say that I genuinely am concerned.

Obviously, market conditions could be significantly better, but with the way that the markets sit right now, $SPY is testing a major resistance level, we are testing major daily support, there is major potlical uncertainty in the United States and global politics is taking its toll, so with everything going on, and ADDING FOMC and a “three” day trading week, you should not look to take on a significant amount of risk, as there is multiple chambers loaded in that risky game of russian roulette. 

If you are going to attempt to trade today or this week, this is a warning to you. I am saying that statistically, if you are a newer trader and do not have much experience in the markets, this is not the time to attempt to trade and play it by ear. These market conditions are going to attempting to take you as a live hostage, and will kill you one of these days. This uncertainty will wipe out newer traders, but such is life. Markets could obviously rally or tank, and  you may profit as a result of it.

You may get lucky with your allocation and watch as everything works out perfectly. There are many scenarios that can happen, but I am just telling you now with professional certainty, that if you are a newer trader, this is NOT the time that you attempt to trade, but the time you use to watch these conditions, and do what you can to minimize your losses. Again, this is not a statement on anyone’s ability, nor does any individual come to mind when Is say this, but just please, practice safe risk management this week as many traders are going to unfortunately have a tough time. 

But hey, it is life. Markets are less than ideal right now as we remain testing this $600 support level, and now the real question is are we going to be able to retain that level and break out? Or are we going to be in a scenario where realistically, with the way that the markets are trending, do we just get stuck in a relative consolidation point which ultimately ends up killing the 0-DTE traders, and scalpers? Who knows. I do not know what is going on, and anyone’s prediction on these market conditions is as valid as the other, mostly with an orange swan in the water. 

For my allocations today, I will say that I do not anticipate allocating as a result of these ongoing conditions. I may look for a couple short term opportunities to scalp and capitalize on the intraday momentum as I have for the previous couple of weeks, but with the issues that are coming up with these market conditions, and with the way that the markets are trading at the moment, it is hard to remain confident in the markets ability to generate a significant amount of gains, mostly if $SPY continues to chop here at this $600 level. So, I will do what I can to capitalize on these conditions, while minimizing my risk, and trying to stay away from BS short term plays this week. I’ll do what I can to have some fun and realize some gains, but I do not anticipate taking on any sort of significant risk at this point. So, that is just my plans at least for the day, let’s see how true it will be by the end of the day! 

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, $INTC, $JEPI, $TSLA, $NVDA, $BYND, $LTH, $BRK/B

LONG OPPORTUNITIES:

• Long-Term Dividend - $GAIN / $JEPI

• Long-Term Investment - $INTC

Economic News for 06/16/2025 (ET):

• Empire State Manufacturing Survey - 8:30 AM

Notable Earnings for 06/16/2025:

Pre-Market Earnings:

• Powerfleet (AIOT)

After Market Earnings:

• Digital Turbine (APPS)

• Lennar (LEN)

• High Tide (HITI)

Wrap up

Hopefully, $SPY is able to retain it’s support level above $600 by open, this will be a hectic week with FOMC, the placement of the markets, and the fact that this is a “three” day trading week. So, please, just be smart and safe in these market conditions, do what you can to maximize your profit potential, and just protect your bottom line. Many traders will get burnt today, so let’s hope that you are not one of them!

Good luck trading, and see where the markets take us today!