HaiKhuu Daily Report - 06/24/2026
Good morning and happy Wednesday! WOW, these market conditions are amazing, and I genuinely hope you all are ready for another insane day for the markets. $SPY is relatively neutral at the time of writing this report, being ever so slightly green, but let’s be completely honest: these market conditions are amazing, and we are about to see some amazing opportunities and general market momentum.
Please continue to tread lightly and practice safe risk management, but given the volatility we are experiencing, it will be easy to find great opportunities to scalp and day trade.
Continue to follow the trend while attempting to scalp and daytrade, but at the same time, do everything you can to maximize your profit potential. I think that today is going to be an amazing day full of opportunity, the only issue is making those opportunities. Take on some smart risk in these market conditions and do everything in your power to realize some gains! I’m excited about today and hope you are too!
Good luck trading today, and let’s see where the markets take us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $741.50
Baseline Support: $740.54
Psychological Support: $750
Previous All-Time High: $760.40
Daily Cloud Support: $721.95
Thoughts & Comments from Yesterday - 06/23/2026
Yesterday was a volatile day intraday; there were opportunities to scalp, but with the bloodshed we experienced, it was a rough day overall. I would say the average trader had difficulty, but it was an easy day if you were able to follow trends and capitalize on short-term momentum! Opportunities to scalp single-name stocks were readily available intraday, and man, oh man, did we have an amazing time.
We started yesterday with market conditions looking absolutely disgusting. We opened the day with $SPY trading at $733.66, yet it showed significant strength in the early morning. Markets pumped from the open, and we rallied to reach the official high of the day at $739.63. Conditions at the top were amazing but extremely short-lived. After the first hour or so, market conditions quickly weakened, and traders had a relatively tough time as we dropped consistently afterward. $SPY went from testing $740, to making a relative low around $735, and we pretty much chopped in a narrow range throughout the rest of the day.
Leading into the lunchtime lull, conditions were gross, but we recovered slightly to play in the $736 range throughout the first half of the afternoon, and watched as general market momentum slowed down in the back half of the afternoon, going on to break below the $735 support, and essentially remained neutral in that range throughout the rest of the day. We sold off slightly leading into close, and $SPY officially ended the day trading at $733.58, meaning it dropped approximately $11 yesterday, or down just shy of 1.5% overall.
It was an extremely tough day that was led by general tech selling off, with almost every major tech organization bloody red yesterday, but oddly enough, pretty much everything else in the markets was green, so hopefully you all were able to capitalize on the short-term momentum and were able to realize a significant amount of gains in the process. Scalping yesterday was difficult, but the markets always are, so I hope you all enjoyed the opportunities presented to us and had an amazing time!!!
S&P 500 Heat Map - 06/23/2026
Thoughts & Comments for Today - 06/24/2026
Today is going to be a hectic time for the general markets. With the selling that occurred yesterday, the sentiment traders are holding, and the volatility we are experiencing, I genuinely believe today is going to be an amazing day for those attempting to trade and those looking to realize some gains. We do have $MU earnings after hours today, but for now, let’s talk about general markets.
Over the past couple of days, we have watched as $SPY has dropped approximately $20, with the majority of the selling occurring yesterday. Obviously, these conditions are going to be less than ideal, and the selling that has occurred has burned some traders who allocated improperly, but that is the beauty of these market conditions. Assuming you are following trends and momentum, scalping and day trading under these conditions will be amazing.
Go into today under the assumption that we are going to see significant volatility and irrationality, which will provide us with great opportunities to scalp and day trade.
There will obviously be better and worse plays in the markets, but in reality, this means plays will continue to be presented to us. Look to scalp and day trade the organizations that are more “deep value” at the moment. We’ve seen many organizations sell off heavily over the past couple of days, and as a result, I genuinely believe these market conditions will provide us with great opportunities to capitalize on that irrationality.
Scalp the organizations that have been sold off hard over the previous couple of days, follow general market trends, and hope for the best with market momentum.
I am not saying that every organization that has sold off over the previous couple of days is necessarily going to rally today, but one of these days, when the markets recover, these higher beta tech stocks that have been sold off are going to move up exponentially harder than everything else. Again, I am not guaranteeing that any organization you look at today will necessarily move up, but when everything does start to rally, make sure you are exposed to the right organizations!
So, now let’s talk about a couple of quick plays.
$ADTX, $MU and $SPCX.
$MU has after-hours earnings today; please be extremely careful if you are attempting to allocate specifically to option contracts in $MU. There is no guarentee which direction the organization can go, we can easily rally, and we can easily dump. I don’t know where the organization is headed, but I can tell you with almost 100% certainty that the organization’s options are going to be extremely expensive leading into earnings. Please be careful if you are attempting to purchase options on $MU ahead of their earnings, because unless you are extremely right on both your direction and allocation, you are going to be extremely wrong. Even if you are 5% right, that means you are going to be 100% wrong. The large directional moves are what everyone hopes for and expects, but just know that the majority of traders will end up burnt and in a worse spot as a result. So make sure to tread lightly on $MU options specifically.
$SPCX had a minor recovery yesterday; there was a 10% intraday rally that happened from the open, which was sold off by the end of the day. I am not saying that $SPCX is going to continue to move up, but I genuinely believe this will be one of the best stocks to scalp and trade in these market conditions. The organization is overpriced, but I believe that if you catch a trend with this organization, you will experience large directional moves in a small period of time. Just make sure you are not caught holding the bag, because I do believe that, with time, this organization will only continue to decline as there is dilution, fundraising, and anything of the sort. Until then, you’re good.
And lastly, $ADTX. The random shitco pump and dump, terrible organization that somehow rallied 300% from our entry. This again is not a signal to buy this organization; if anything, this is the complete opposite. Please, make sure you take advantage of the organization. Do not get greedy. Take your profits, run, and have an amazing time. Realize your gains, and maybe leave some zero-cost basis exposure if you want to ride some fun momentum, but again, take your profits. I genuinely believe this organization is a massive dilution pyramid scheme, and one of these days we are going to see another dilution event that will wipe out everyone still holding the position. Until that day, we get some insane volatility, but again, with the general momentum, please secure profits and move on. I’ve personally already sold 100% of my position, and I do not anticipate re-entering anytime soon. Take your profits, clean your hands, and enjoy.
But hey, these market conditions are going to be a lot of fun, so let’s make the most of today, realize some gains, and have a great time!
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 06/24/2026 (ET):
New Home Sales - 10:00 AM
Economic Indicators - 10:00 AM
Notable Earnings for 06/24/2026:
Pre-Market Earnings:
Paychex (PAYX)
MoneyHero Limited (MNY)
After Market Earnings:
Micron Technology (MU)
Trip.com Group Limited (TCOM)
MillerKnoll (MLKN)
Worthington Steel (WS)
H.B. Fuller Company (FUL)
Wrap up
These market conditions will be volatile, and we will have an amazing time. Enjoy the opportunities that will present themselves in these market conditions, and make sure to practice risk management. Let’s realize some gains, have an amazing time, and see where the markets take us!
Good luck trading today, and let’s see a market break out!