HaiKhuu Daily Report - 06/18/2025
Good morning, and happy Friday(?). Okay, it’s Wednesday, but this is going to be a HECTIC day for the markets as a result of everything going on. We have FOMC today with market conditions being less than ideal at the moment, and the markets are CLOSED tomorrow for Juneteenth. These conditions are going to be irrational, volatile, and confusing.
If you are looking for a day to attempt to blow up your account. Today is that day. Anyone who gambles today will either be extremely right or extremely wrong. I do not know which one you will be, as I do not know which direction you will allocate, nor the performance of any organizations you do ultimately end up attempting to purchase at these current prices.
But regardless of everything, please tread extremely lightly on these confusing market conditions, as many traders are in the middle of a standoff. $SPY is AT the $600 resistance point as we bounce off the daily conversion line support, leading into FOMC, on a short trading week.
Anything can happen, so please, be smart, be safe, and practice risk management today!
Good luck trading today, and let’s see where the markets take us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $598.05
Baseline Support: $590.33
Psychological Support/Resistance: $600
Daily Cloud Support: $540.38
Thoughts & Comments from Yesterday - 06/17/2025
Yesterday was a disgusting day for the overall markets. There was continued neutrality until there was weak bearish momentum, and during that time, many traders had a relatively unfortunate time, realized losses, and overall, realistically did not generate many, if any, gains at all. Conditions were tough to navigate, but it is simply just a part of life, and these market conditions. Hopefully, no one here lost anything of major significance, but again, that is simply a part of these market conditions.
So, we started the day with $SPY opening at $600.17. Market conditions were relatively ideal, and there were opportunities to trade and realize gains at that time. $SPY was above $600, conditions remained relatively neutral with a slight hint of bullishness, pretty much the La Croix of bullishness, as $SPY rallied $1.50 over the course of four hours to go on and make the official high of the day, trading at $601.73, before starting to rotate.
After the lunchtime lull was over, and $SPY went on to make a new high of the day, we watched as volume returned to the markets. Traders continually sold, resulting in the markets dropping, and the official low of the day was reached at $596.76. These conditions again were less than ideal, as $SPY went on to recover slightly into close, officially ending the day with $SPY trading at $597.53, down $5.15, or down roughly 0.85%.
What I will say is that market conditions yesterday were less than ideal if you attempted to trade the morning, and were only worsened in the afternoon after some general bearish sentiment impacted the market performance. Like I said going into yesterday, I believe that statistically, the majority of traders would have generated losses yesterday, and that remained true, regardless of whether the gains were realized or unrealized.
Hopefully, any losses were just unrealized gains leaving your account, and hopefully, no one blew up their account yesterday because that was a TOUGH day to attempt to trade, but regardless, it is just life and these market conditions. Let’s see how $SPY reacts here at this daily support level, and make the most out of today!
S&P 500 Heat Map - 06/17/2025
Thoughts & Comments for Today - 06/18/2025
Today, as I have mentioned multiple times before, is going to be an extremely hectic time due to the ongoing market conditions. If you are attempting to trade in these general conditions, please continue to practice safe risk management because there is going to be so much irrationality and volatility that it won’t even be fun to attempt to gamble today as a result of the ongoing risk. Traders are less than confident going into today, and I am expecting a decrease in both volume and volatility leading into our day off, but at the same time, we are seeing so much generalized confusion that the markets mostly with FOMC today, there is no good predictions or expectations, outside of simply expecting volatility.
This may be biased when I say this, and a lot of personal values go into this statement, but I do genuinely hope that we see a low-volume momentum-based bullish move either today or on Friday. It will be relatively tough to make that prediction or judgment prior to either of those trading days, but typically in short week fashion, the final couple of trading days that week are bullish. That is obviously not financial advice or a signal to buy or sell anything, and more so an observation of short weeks over the previous couple of years.
But again, the biggest thing at the moment in the markets is confusion. Traders do not know how to allocate, do not know how to feel, and as a result of that, will bring significant irrationality, because it was extremely easy to realize a significant amount of gains by buying the dip when $SPY made it’s bottom. It’s easy to buy and add when stocks just continually make new highs consistently, but again, that is just a part of the markets. We are stuck currently at the $600 consolidation area until we ultimately break out. It is your duty to do what you can to maximize your profit potential and do what you can to minimize your risk.
If you are in an echo chamber of idiots leading idiots off a cliff, that is on you. I am sure many people are going to suggest many retail traders to grab some extremely short expiration option contracts and ultimately end up shot in the foot, but that again is simply life, and the reason why I try to stay away from doing any of that while type speculation with my allocations or alerts.
So for today, please, just make sure that you are practicing risk management, I am not saying that the markets are going to come down, as I would love if we broke out from here, but there are so many impactful factors towards the markets right now including FOMC, the day off tomorrow and general war news, so there is going to be extreme volatility, traders are going to have a difficult time finding any consistency, and traders should be presented with many opportunities to print, and many opportunities to get absolutely shot.
Regardless, though, now it is for us to do what we can to maximize our profit potential, have some fun, and enjoy a well-deserved couple of days off!
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, $RGC, $LTH, $BRK/B$
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 06/18/2025 (ET):
Housing Starts - 8:30 AM
Building Permits - 8:30 AM
Initial Jobless Claims - 8:30 AM
FOMC Interest-Rate Decision - 2:00 PM
Fed Chair Powell Press Conference - 2:30 PM
Notable Earnings for 06/18/2025:
Pre-Market Earnings:
Aurora Cannabis (ACB)
GMS (GMS)
LiveOne (LVO)
After Market Earnings:
No Earnings Scheduled
Wrap up
Hopefully, market conditions are not too difficult to navigate with the ongoing volatility and confusion. We will see where the markets take us from here and do what we can to make the most of it. Please just make sure to practice safe risk management and do what you can to maximize your profit potential at this time. Again, just please be smart and safe during these times while conditions are less than ideal, irrational and volatile, because this is where the best of traders and the worst of traders make and lose the most amount of money.
So, let’s have some fun today, and end this “week” strong!!!
Good luck trading today everyone!