HaiKhuu Daily Report - 07/02/2026
Good morning and happy Thursday! Well, welcome to the last trading day of the week! These market conditions are looking spicy, and this should be a fun day full of opportunity! Markets are ever so slightly down at the time of writing this report, but we do have economic news dropping during the pre-market session that should impact the placement of the markets.
Let’s see what the markets ultimately want to do at this level, as we have bounced off the $740 magnet zone yet have rejected the $750 resistance. It should be fun seeing where the markets go from here and ultimately doing everything we can to capitalize on these conditions with ease.
Please continue to practice safe risk management and tread lightly on these conditions, as markets are great at the moment, but realistically, conditions are only going to remain volatile and difficult to navigate. This is at least the end of the week before a nice three day weekend, so I genuinely hope that you all are ready for the long weekend, please be safe this 4th of July! Realize some gains today, and have some fun over the weekend.
Good luck trading today, and let’s end this week strong!
The updated $SPY daily levels are as follows:
Conversion Line Support: $733.38
Baseline Support: $738.49
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $732.22
Thoughts & Comments from Yesterday - 07/01/2026
Yesterday was a funky day for the general markets, offering us some great opportunities to scalp, day trade, or simply hold. It all just depends on how you allocated and where. For those who were following our plays, you should have absolutely printed yesterday, as we watched many of the organizations we were allocated into absolutely rally. At the same time, those who attempted to navigate some of the higher-beta tech plays had a tough time!
We started yesterday with the markets opening slightly red, trading at $745.00, and watched as bearish momentum was weak early in the morning. $SPY went on to make the official low of the day at $742.38.
After making the official low of the day within the first couple of minutes, we watched $SPY quickly reverse and rally for a couple of hours straight. We continued to make new highs after new highs throughout the morning, and, leading into the lunchtime lull, $SPY tested $750 twice, made the official high of the day at $749.43, and then rejected from the top.
We made the high during that lull, and then essentially fell through the back half of the afternoon.
$SPY only continued to drop through the early afternoon, making new relative lows, and we watched as those lows kept getting hit. $SPY went on to officially go red again for the day leading into power hour, where we went on and officially ended the day with $SPY trading at $745.76, down 0.14%, or down like $1 overall.
What I will say is that the market conditions of yesterday were absolutely insane and I genuinely hope that you all were able to capitalize on the opportunities available. We all were able to easily realize a significant amount of gains in the process, so now it is just a matter of continuing to do what we can to end this week strong, and realize some more gains today! Congrats to anyone and everyone who was able to realize some gains trading the general market momentum yesterday, and let’s see what happens today!
S&P 500 Heat Map - 07/01/2026
Thoughts & Comments for Today - 07/02/2026
Today is going to be a fun time for the markets. With the strength we’ve seen over the past couple of trading days, the short-trading-week thesis has only continued to hold true. These market conditions are strong, but honestly, the only thing that matters at the time of writing this report is watching the economic news drop at 8:30 am EST. This is going to dictate where the markets go, and how confident traders are in the process. I am not saying the markets are going to break out and make a new all-time high, but pre-market momentum will dictate people’s sentiment heading into today.
Assuming we get a larger directional move as a result of these conditions, this will 100% be a follow-the-trend day. Expect lower volume and a directional momentum-based day. If news or no momentum is driven, the markets will be relatively slower, choppy, and inconsistent, but assuming everything works out as expected, then we are in a great place for the markets.
But heading into today, as long as you are simply following the trends, this should be a relatively easy day for the markets. Again, I obviously cannot guarentee anything, as we can get news or a headline regarding the war at almost any time, but this SHOULD be a great day for the markets, genuinely full of opportunities to actively scalp and day trade.
If you are looking to day trade, consider trading higher-beta tech organizations today, but be cautious of chop and neutrality. Some of these organizations today will have great momentum, while on the other hand, sometimes these organizations are going to have some tough momentum due to chop, noise, and general market BS. The best thing to do in this scenerio is to simply not attempt to trade those organizations.
Scalp and day trade where there is volume and momentum. If you do not, you will get caught in a trend which ultimately results in a significant amount of losses being generated. You WILL get chopped, you WILL get stopped and you WILL realize losses if you attempt to fight any trends or attempt to trade neutrality.
But as long as you are simply following momentum and trading where there is confidence, I don’t see a reason why you cannot continue to realize gains here in the short term. This is going to be a great day full of opportunity, so let’s have some fun and make the most of it.
Every Friday, I do talk about how I love the idea of trading 0-DTE contracts right around close, you are able to purchase exposure for pennies on the dollar, and hopefully catch a larger directional breakout as a result. This week is not going to be one of the weeks that I recommend this. Leading into the three day weekend, I am assuming that the large majority of traders are not going to be watching in the final hour or so of the day, taking some time off early to just enjoy their lives. There will be the same opportunity that is presented on the typical Friday today, but I think the likelihood of a breakout happening is lower due to this, and fewer organizations will have the volume and momentum necessary for this breakout to occur. I may possibly find a fun little 0-DTE option play to take, but this is going to be one of those times that realistically, I don’t want to force any positions or gambles. If something happens and we are able to realize gains, I’ll be excited, but at the same time, I do not anticipate allocating into any 0-DTE’s today.
Whether that happens or not, it is going to be a different story, but again, just be smart and safe when allocating today. I genuinely think it will be tougher for traders, but a great time for anyone who has solid investments. So let’s make the most out of today and have an amazing time.
Much love y’all, and I hope you all enjoy your three-day weekend!
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: $AMD, $MU, $NVDA, $INTC, $ORCL, $SNDK $TSLA, $SPCX
Speculative: $PTLO, $RIVN, $RBLX, $AIFF, $NKE
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 07/02/2026 (ET):
Employment Report - 8:30 AM
Unemployment Rate - 8:30 AM
Hourly Wages - 8:30 AM
Initial Jobless Claims - 8:30 AM
Factory Orders - 10:00 AM
Notable Earnings for 07/02/2026:
Pre-Market Earnings:
Lindsay Manufacturing (LNN)
After Market Earnings:
No Earnings Scheduled
Wrap up
This has been an extremely profitable week for all of us and I genuinely hope you all have been able to generate both realized and unrealized gains in the process. Many traders have generated some life changing gains, so congrats to everyone who enjoyed this week, it’s been an amazing time and I love and appreciate each and every one of you for being here in the community. Let’s end this week strong, and I hope you all have a wonderful 4th of july!!!
God bless America, Good luck trading, and let’s realize some gains!