HaiKhuu Daily Report - 06/23/2025
Good morning, and happy Monday! Wow, I hope you traders had a wonderful weekend, and are excited for what is going to be a volatile and confusing week for the markets!
We have gotten a slew of good and bad news over the weekend, most notably, we’ve gotten news on the US attacking Iran, and also got news about the new Robotaxi event in Texas! So, depending on how you allocated and where, everyone’s sentiment going into today will all be a little bit different than how we all anticipated today to be. Just as always, prepare for the worst and hope for the best. Anything can genuinely happen in these conditions, and that is the unfortunate part of our lives as traders.
But, we will do what we can to make the most out of today, realize as many gains as humanly possible, and have an amazing time in the process. I do not know about you, but I just know that I am personally extremely excited to trade today and this week, so let’s make the most out of it and have an awesome time!
Also, if you have not checked out the weekly preview, check it out. JP will be testifying to Congress this week!
So, check that out HERE!
Good luck trading this week, and let’s realize a significant amount of gains!
The updated $SPY daily levels are as follows:
Conversion Line Resistance: $598.96
Baseline Support: $590.33
Psychological Resistance: $600
Daily Cloud Support: $554.00
Thoughts & Comments from Last Week
Last week was a rather unfortunate time for the overall markets. Conditions were not terrible as $SPY did remain relatively neutral right at the $600 resistance point, but that is exactly why it was terrible. There was generalized strength earlier in the week as $SPY did open the week above $600, but was not able to retain that level and move up. It is unfortunate, but it is simply just life, trading, and capitalizing on these market conditions, however possible!
So, we started the week with market conditions honestly not looking the worst. $SPY was weak going into close on the previous Friday, but gapped up where we officially started the week with $SPY trading at $600.34. Market conditions were great and optimistic on Monday as $SPY went on to make the official high of the day, trading at $604.45, before we quickly reversed from the top, and watched as that became the official high of the week.
After the top, it was straight down. One hour of insane bullish momentum, led by three more trading days of slow, bloody momentum.
Tuesday, slow, bloody, and disgusting.
Wednesday, slow, bloody, opportunity with FOMC, and disgusting.
Thursday was a wonderful day off, and it caused the markets to be extremely confused and asleep on Friday.
And then we had Friday.
Man, we watched as $SPY dropped after the top on Monday, and continued to drop throughout the entire week being relatively irrational and making trading extremely inconsistent and difficult to capitalize on. I am not saying that was concerned at that time, but in the same regard, there was no great opportunities to trade, unless you were bearish from the top and retained your exposure.
Friday was another extremely tough day for the overall markets. As stated before, I was expecting to see some generalized difficulty in the markets as a result of the decreased volume in the markets, and it seems that that sentiment was extremely correct for the prediction. $SPY opened the day at $598.47, rallied up to test $600 quickly, going on to make the official high of the day at $599.46, and watched as we snapped down in the first two hours, losing all gains that were generated, watched as markets remained relatively neutral at the bottom, and provided us with no great opportunities to trade or realize any sort of significant gain. Thankfully, though, markets did provide us with some opportunities to get burnt again by close, where we ended the week with $SPY trading at $594.28, down $1.40 for the day (on Friday) and down $6, or roughly 1% over the entirety of the week.
I won’t say that last week was a good week for the markets, as it truly was nothing of any major significance. Many traders lost money last week while watching the markets. Hopefully, no one lost anything of any major significance. If you lost more than 10% of your portfolio last week, I would highly recommend you look into your trading style again, as you are either taking on too much risk or too much exposure. $SPY is a great benchmark gauge for many traders, where I highly recommend people simply think. “Hey, if I added $1,000 to $SPY, I would have net X%, but because I traded, I did Y%”
(Assuming X>Y), This would have meant that it would have been easier for you to simply sit back and do absolutely nothing, while holding a safe position, than to manage your own portfolio. So, just something to consider in these conditions, mostly when taking into account generalized safety.
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 06/23/2025
Today is going to be a confusing day for the overall markets. At the time of writing this report, $SPY is ever so slightly green and is moving up, so I genuinely do not know if I am supposed to be hyper bullish or hyper bearish today.
Looking at the markets and taking into account zero external factors or considerations, markets are actually looking pretty solid. $SPY needs to move back up to reclaim $600, but I an excited as $SPY is looking relatively strong, and as a result leading traders to be optimistic, despite conditions being less than ideal.
Be careful and cautious today. I absolutely love these market conditions, I love the volatility that these market conditions are providing us. This is an AMAZING time to scalp. But just remember there is a lot that is going on at the moment. Markets are volatile, conditions are confusing and there are so many geopolitical variables that can occur that can happen at ANY moment. So just remember the orange swan has a loaded gun, and the pond isn’t safe anymore. So tread lightly as anything can happen.
If you are attempting to trade today, just know that I am genuinely concerned with these conditions as I do believe that this bullish movement that we are seeing premarket is a fake out.
Obviously, I want to be wrong about that sentiment and want the markets to continue to move up, but that is never unfortunately the case. Do NOT fight the market momentum, and follow the trend. It is a lot easier to simply realize a couple of dollars while following the market momentum, than fighting the trend and attempting to perfectly snipe the perfect entry and watching as we keep dipping or keep pumping.
If market conditions are looking weak, just short. Do not attempt to catch a falling knife.
If market conditions are strong, just go long. Do not attempt to short new highs.
The only times you should attempt to fight the momentum is when there is a CONFIRMATION of a reversal.
So, just follow the trend, follow the momentum, and make the most out of today.
Market conditions can be better, but I will say that in reality, traders are not grateful for the movement that we’ve had sofar, and I do believe it is unfortunate when people are too greedy.
Yes, it is unfortunate that pretty much for the previous month the markets really have not moved much, but I explained the reality of this at the bottom, and hopefully some of y’all understood what I was saying at that time, but again, just understand that these market conditions are extremely difficult to navigate, but do not forget that $SPY is up $120 from the bottom, and at a MAJOR resistance point prior to making a NEW all-time high in the markets.
So please, remember to be thankful and grateful that these market conditions are amazing. Yes, again short term the markets have sucked, but I can tell you with certain confidence that the money and opportunities generated over the previous two months honestly makes the month of neutrality feel at least a little better.
I think that this summer is going to provide us with so many opportunities to trade and provide us ppprotubties to capialtiaxe on new all time highs. I do not know about you all, but I genuinely am optimistic about this summer and the opportunities coming for us in the near future. So go and enjoy these conditions and know that as long as the world does not blow up, we are about to make new all time highs.
God speed you beautiful people.
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, $TSLA, $INTC, $JEPI, $NVDA, $MSFT, $FWONK, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 06/23/2025 (ET):
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
Existing Home Sales - 10:00 AM
Notable Earnings for 06/23/2025:
Pre-Market Earnings:
FactSet Research Systems (FDS)
Commercial Metals Company (CMC)
After Market Earnings:
KB Home (KB)
Wrap up
Hopefully, this will be a rather quick week for the overall markets that provide us with some great opportunities to trade and realize a significant amount of gains. I do believe that traders will have a more difficult time navigating this confusion, but at the same time, as long as you are smart, safe, and practice safe risk management, then I genuinely have nothing to worry about as I am confident in all of your abilities to navigate these conditions. P{ease, just be smart, limit your risk, and don’t be dumb. Many traders are ultimately going to get shot while attempting to trade today, so capitalize on their losses and have a wonderful time!
Good luck trading, and start this week strong!!!