HaiKhuu Daily Report - 06/18/2026
Good morning and happy Thursday! Wow, well, these market conditions are interesting going into the final trading day of the week! This is a reminder, before we start the report, that markets are CLOSED tomorrow for Juneteenth. Enjoy the day off, and I hope you all have exciting things planned for your day off!
Markets are up slightly at the time of writing this report, and general conditions are looking both interesting and sketchy here in the short term. $SPY has come down to test the daily support, and we are seeing a weak bearish TK cross under forming on the daily, which is a bearish signal for the markets. I am not attempting to get you to be bearish, but the technicals say we are mildly bearish in these conditions.
Please, continue to tread lightly and practice safe risk management, and understand the volatility we are going to experience at this level.
This is going to be a fun way to end the week, so let’s make the most of today and realize some gains!
The updated $SPY daily levels are as follows:
Conversion Line Support: $739.63
Baseline Support: $741.50
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $710.25
Thoughts & Comments from Yesterday - 06/17/2026
Yesterday was an absolutely disgusting day for the general markets. We had FOMC, and the first meeting with the new Fed chair. The meeting was not as exciting as everyone hoped, and as a result, we saw a continuation of bearish momentum throughout the day. Those who were bearish and those who caught the momentum had a great time, but the large majority of traders did unfortunately have a terrible time. So, it is simply life. Hopefully, you all listened to the warnings about yesterday and were able to minimize losses, because man, that was a tough one.
We started yesterday with $SPY trading at $751.24. Market conditions really were just neutral and gross throughout the entire morning as everyone prepared accordingly for FOMC, and there was no significant intraday movement. We watched as $SPY made the official high of the day, trading at $752, and essentially remained neutral throughout the entire day, providing us with some opportunities to scalp on an intraday basis, but nothing of significance.
Things really only started to heat up leading into FOMC. After the lunchtime lull, we watched as the markets sold off slightly before watching as traders FOMO’ed into the event, markets moved up slightly, we got the announcement that rates were to remain unchanged, but we predict rate increases in the future, resulting in the markets quickly dropping and making a relative low around $745, before realistically dropping heavily during the meeting.
During the meeting, conditions were not overly bearish, but the markets rejected the new Fed Chairman, and we watched as $SPY continued to make new low after new low leading into close, where we went on and made the official low of the day trading at $739.23, before the markets moved back up slightly leading into close, where we officially ended the day with $SPY trading at $740.96, down roughly $9.50 for the day, or down 1.25% overall.
What I will say about yesterday is that the selling was partially expected leading into the day, but there was so much short-term uncertainty that genuinely anything could have happened. It was a tough day for the general markets, but hopefully you all realized some gains and enjoyed the opportunities provided! Today’s a new day, so let’s see where the markets take us!
S&P 500 Heat Map - 06/17/2026
Thoughts & Comments for Today - 06/18/2026
Today should be a fun time for the general markets. We have experienced some bearish sentiment, but with the way the markets are looking during the pre-market session, traders are becoming more optimistic and confident. Everyone should have some fun attempting to allocate today, but it all will come down to where you are allocated into and what you are watching.
If you are attempting to have some fun today, look for opportunities to sell some 0-DTE CSPs on tech organizations that have been hit heavily, and look to scalp deep value where possible. After the selling that occurred yesterday, there will be 100% of an organization that is discounted, which will result in some great opportunities being presented to us in the process.
I am not saying that everything needs to go up today, but I am saying that there are going to be some organizations from yesterday and the previous couple of days of market momentum that are discounted more heavily than everything else, providing you with an opportunity to purchase value with confidence.
As long as you are practicing basic risk management and doing everything that you can realistically do to minimize losses, you are going to be in a generally great spot. Look to enter into organizations when there is a confirmation of a reversal, set stops to minimize your losses, and ride strength and momentum. Don’t pray and speculate that a position is going to move in your favor. Find a position that you have confidence in, allocate when you are comfortable, and ride the position. It may sound difficult to find the perfect play, and not every play is going to be the perfect play, but as long as you practice basic risk management, again, I genuinely do not see a reason why you cannot easily realize some gains today!
A couple of higher beta tech organizations you can look into trading today are $ORCL, $MSFT, and $NFLX. Compared to everything else in the space, these three organizations have been hit the hardest this week and will provide us with opportunities to scalp more “deep value” today. I am not guaranteeing any of these organizations are going to necessarily move up today, but compared to organizations like $AMD and $INTC, which are up 13% each, purchasing $ORCL when it is down 9% when you have confidence, it will be a great sign for both the opportunity and the risks involved with allocating at this level.
Have some fun going into today. Again, this is the final trading day of the week, so enjoy the momentum that will be provided, take advantage of these market conditions, and just have some fun. I genuinely believe that traders are going to have a lot of fun while attempting to trade today, so let’s see what the markets have in store for us and prepare accordingly.
Also, side note, the pump and dump we were looking into ($ADTX) dumped heavily yesterday, but during the pre-market session at the top, was up approximately 170%. I am not saying that this is going to continue; realistically, this can continue to drop down, but in the case that there is no more share dilution and scamming occurring, there is a non-zero chance that this goes exponential. So keep this on your radar, do NOT fomo in at this point, and if you are attempting to allocate, expect a 100% loss if you are attempting to FOMO. Do not put anything you are not willing to lose, and limit your risk to $100-200 total. But… in the case this does decide to go exponential, we could watch as this rips 1000%+, so have some fun watching this, and hope that we get an exceptionally large directional breakout 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 06/18/2026 (ET):
Initial Jobless Claims - 8:30 AM
Philadelphia Fed Manufacturing Survey - 8:30 AM
Notable Earnings for 06/18/2026:
Pre-Market Earnings:
Kroger (KR)
Accenture (ACN)
After Market Earnings:
No Earnings Scheduled
Wrap up
These market conditions are going to be a lot of fun. Again, don’t forget that markets are CLOSED tomorrow, so Friday shenanigans will occur today. Enjoy the market momentum, follow the trend, and do everything that you can to maximize your profit potential. I’m personally very excited to see where the markets take us today, so let’s enjoy the opportunities and roll with it!
Good luck trading, and let’s see where $SPY takes us!