HaiKhuu Daily Report - 06/16/2026
Good morning and happy Tuesday! Wow, these market conditions are beautiful. Traders should be up nicely over the previous couple of days, and everyone should be excited leading into today. These market conditions are strong, traders are optimistic, and there is genuinely no reason to be pessimistic!
SpaceX and other organizations have rallied exponentially over the previous couple of trading days, and I genuinely hope that all of you have been able to capitalize on these conditions!
Get ready for what is going to be another absolutely insane day for the markets with irrational volatility, prepare accordingly for intraday market chop and neutrality, and remain optimistic as market conditions only continue to strengthen. We are currently less than 1% away from making a new all-time high on $SPY, yet there is a gap that has been created on the daily.
Tread lightly on the short-term volatility as traders have had a difficult time navigating the intraday momentum, but at the same time, with the confidence traders are experiencing, it’s almost hard not to remain optimistic. So enjoy what the markets are going to provide to us today, and make the most out of this short-term volatility!
Good luck trading today, and let’s see a new all-time high!
The updated $SPY daily levels are as follows:
Conversion Line Support: $740.69
Baseline Support: $741.50
Psychological Support: $750
Previous All-Time High: $760.40
Daily Cloud Support: $706.43
Thoughts & Comments from Yesterday - 06/15/2026
Yesterday was an exceptionally beautiful day for the general markets, but trading was extremely difficult on an intraday basis. Everyone should have generated a significant amount of unrealized gains, but traders on an intraday basis watched as we chopped in an extremely neutral range that made trading extremely inconsistent and relatively slow. Regardless, that is kind of what we expected going into yesterday, so hopefully you all had a great time and realized some gains!
We started yesterday with $SPY gapping up on news of peace talks, and $SPY opened the day +$10 from the previous close, opening the week at $751.76. General conditions were looking good, but then we were hit with slow bullish momentum. The momentum was strong, but it was exceptionally slow throughout the entire morning.
$SPY continually inched up throughout the entire morning, slowly but surely making new highs of the day, but chopping out many traders and watching as general markets only continued to show weak strength. People were optimistic, but the momentum on an intraday basis did not show it. Granted, we were up +$10 from the premarket session; it is almost hard to top that.
Markets went on to make a relative high around the lunchtime session, where $SPY made the official high of the day, trading at $756.67, before having the same slow momentum in the afternoon, but instead of being slightly bullish, market conditions were slightly bearish, and traders had a tough time. Many attempted to quickly buy the dip, but due to the weak momentum, conditions just remained relatively slow, and they watched as we dropped about $2 into close to officially end the day with $SPY trading at $754.83, up $13 for the day, or up roughly 1.8%.
I will say that the market conditions of yesterday were absolutely insane as traders were able to quickly and easily realize gains, but at the same time, with the generalized confusion and “neutrality” on an intraday basis, traders did have a tougher time. Hopefully, you all were able to capitalize on the short-term volatility and opportunities that were in the markets, but man oh man, was that an interesting day to trade. Hopefully, you all realized gains and had an amazing time, but regardless, today is a new day, so make the most out of today, and feel great after!
S&P 500 Heat Map - 06/15/2026
Thoughts & Comments for Today - 06/16/2026
Leading into today, I am a little bit skeptical of these market conditions. We are less than 1% away from making a new all-time high, and traders are optimistic. The real question is, when does that optimism end, when do traders lose confidence, and when do we start coming down? Does that happen now at this level to fill the gap? Or do we continue to rally and make new all-time highs before ultimately coming down?
As much as I want to be overly optimistic about these conditions, and as skeptical as I am, I genuinely do not have the “perfect” answer. The markets can genuinely do anything at this level, and the difficult part is being able to allocate and time out your positions with confidence. We are so close to making a new all-time high, but we do not have a strong catalyst for that to happen. If we get positive news regarding the war, or specifically the war ending, the markets will rip irrationally, but one thing people fail to remember is that there needs to be justification for why the markets move the way they do. So do not expect a random large directional breakout without justification.
One of these days we will get another beautiful breakout, but until then, don’t gamble and pray, hoping that the catalyst hits. That is how you ultimately end up getting wiped, but on the other hand, knowing that Trump is behind these market conditions, we can easily see an irrational breakout at any time. So just make sure to tread lightly and be realistic with your expectations.
A warning that I do have for you all is that, in the case there is a directional move in the markets without a catalyst, statistically, the only direction we can go is down. Yes, there may be a nice intraday breakout where the markets are strong over a period of time, but assuming we are talking about extremely large movements, unless there is a catalyst for us to move and break out, it will be a bearish move.
I am not attempting to get you to be bearish or attempt to get you to be less optimistic about these conditions. We are less than 1% away from all-time highs, and these market conditions are strong, but with that said, this is just one of those times that you do need to make sure not only to practice safe risk management, but also to understand the level that we are at. Assuming the markets continue to hover at this point, we are going to see many retail traders get caught and FOMO into these conditions. People are allocating at all-time highs for many organizations, and that is ultimately what is going to kill their portfolio when everything comes back to true value.
The “safest” way to get general market exposure at this level is honestly to scalp momentum. This is not the true safest, but in reality, with the way that the large majority of retail traders are trading, I do not see a reason why you cannot actively scalp and daytrade on an intraday basis and just attempt to ride momentum. That is going to be exponentially easier to do than it will be to have the confidence to buy many of these organizations to hold after watching it rip 100%+ over the previous month or so.
So please, do not FOMO into any organization right now, and do everything to realize some gains today. We will get $SPCX options and ETN derivatives today. This will be fun, but extremely difficult to hold. So please, if you are attempting to allocate LONG into $SPCX at this point, tread extremely lightly as we only continue to hit new irrational all-time highs. This is going to be a fun time for the markets, so realize some gains and enjoy today!
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, $SPCX
Speculative: $PTLO, $RIVN, $RBLX, $CELH, $ADTX*
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 06/16/2026 (ET):
Import Price Index - 8:30 AM
Housing Starts - 8:30 AM
Building Permits - 8:30 AM
Notable Earnings for 06/16/2026:
Pre-Market Earnings:
Vince Holding (VNCE)
After Market Earnings:
La-Z-Boy (LZB)
Wrap up
With the volatility we are experiencing in these market conditions, it will be extremely easy and confusing to attempt to trade. Please make sure to follow the trends and momentum, practice safe risk management, and allocate when you are confident. It should not be hard to maximize your potential on a day like today, but at the same time, know that many are going to get burnt by attempting incorrectly. As long as you are smart and safe, I genuinely do not see a reason why you can’t have a great time.
Good luck trading, and let’s see a new all-time high on $SPY!