HaiKhuu Daily Report - 07/09/2026
Good morning and happy Thursday??? Man, this week has FLOWN by, and I hope you all are ready for more volatility during this confusing time. $SPY continues to test daily support levels, and general conditions have been extremely difficult to navigate and extremely inconsistent. I hope you all have prepared accordingly for the volatility that we are about to see today, and are ready for some general confusion!
Markets are up slightly at the time of writing this report, and it appears that we are only going to continue to fluctuate between this $750 and $740 range on $SPY. This is obviously less than ideal, but at the same time, there are genuinely so many opportunities to trade that everyone should realistically be able to capitalize on some short-term momentum today!
Please, practice safe risk management, follow the momentum, and be fluid with your positions. Both bulls and bears should have no issue realizing some gains going into today, but anyone who fights trends will have a tough time. So follow the trend, and realize some gains today!
Good luck trading; this will be fun to see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $734.50
Baseline Support: $738.49
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $737.49
Thoughts & Comments from Yesterday - 07/08/2026
Yesterday was a volatile time for the general markets, with conditions less than ideal and extremely inconsistent. We talked about magnet zones and watched as there was a perfect test and recovery from the support levels, but it was almost perfect how well the magnet played out. Hopefully, you all were able to capitalize on the short-term momentum and were able to realize some gains yesterday because it was easy to do well and easy to realize losses.
We started yesterday with $SPY opening at $743.21; markets were down about $4.50 from the previous close, and conditions were relatively gross in the process. Honestly, not much happened after open as we popped up slightly from the get go, and essentially remained in a neutral chop for the first half hour or so before we started to get some bearish momentum. In the process, $SPY then went on to drop and make the official low of the day throughout the rest of the morning, and watched as $SPY went on to make the official low of the day trading at $739.52, testing that $740 magnet zone.
It was a beautiful attraction towards the $740 support, and we watched as the markets bounced off that level. After the lunchtime lull, as traders were coming back to the markets, we watched as there was extremely quick and bullish momentum leading into the early afternoon where we went on and made a relative high trading around $745, and stayed there until FOMC minutes were released, where we watched as $SPY quickly moved slightly, before essentially remaining neutral until close.
We expected FOMC minutes to be neutral, and they were almost perfectly neutral, but at the same time, given the confusion and difficulties traders faced in that final two-hour stint, conditions could have gotten significantly worse. So I am happy that the markets were neutral and at least held their level. We officially ended the day with $SPY trading at $745.40, down 0.3% for the day, down $2.30 overall.
What I will say about yesterday is that honestly, it was a fun day to trade, we had many members of the Discord realize over 20% on their portfolio as a result of following the generalized momentum and realizing some gains, so I just want to say congrats once again to anyone and everyone who was able to make the most out of yesterday, and congratulate anyone who realized some gains. It was a difficult day for the general markets, but some people absolutely nailed it, so congrats to those who dodged a bullet, and I hope you all are ready for what the markets have in store for us today!
S&P 500 Heat Map - 07/08/2026
Thoughts & Comments for Today - 07/09/2026
Today is going to be a confusing and relatively tougher day for the general markets. Market conditions remain strong, yet traders are less optimistic and more fearful heading into today. I am not saying this to attempt to scare anyone, but just saying that as a result of these market conditions, traders are feeling more short-term volatility that is going to make people uncomfortable and less consistent. I am warning you all about that right away leading into today, and warning you all to be careful.
I am not saying that the markets cannot easily continue to move up from this point, I am saying that is a possibility, but with the inconsistencies that we’ve seen over the previous couple of trading days, paired with the fact that these market conditions have weakened on war news, many traders are going to be hesistant attempting to allocate in these market conditions today. This is not due to a failure in their ability to trade, but rather to ongoing market volatility that makes traders lose confidence in their own abilities.
If you are attempting to allocate or trade today, scalping and day trading will provide you with the most amount of short term confidence. Try and stay away from 0-dte options unless you are attempting to catch a quick directional move, and be extremely careful purchasing highly OTM 0-DTE’s today.
I genuinely believe that $SPY will continue to chop and remain in the $740-$750 range until there is a decisive move we can all agree on. This again is going to be statistically war news at this point. If we get peace talks, a ceasefire, or any confirmation that the war is moving forward positively and that the media & headline cycles are over, that is when we are going to be able to realize some gains with ease. Now the question is: when will that happen, and how long will it take to get there? That is the question people do not have a good answer for, nor is it something that realistically, people should be attempting to time out.
There are a couple of things that you all should consider at this point. If you are attempting to capitalize on these conditions, it will be tougher to remain consistent given the market positioning we are seeing, which is why I always recommend setting stops and adjusting positions accordingly. Allocating with confidence is going to be exponentially different than allocating with a hope and a prayer. Having a strategy and plan for your entry prior to entry will save you, and knowing when to exit and stop out is key. Not knowing where to enter or exit while attempting to trade, and having no justification, is like blindly purchasing a business plan without knowing how to read. You can always enter into any position you want, but without a game plan, you’re just flying blind and hoping that things work out. Don’t rely on hope; have reasoning and justification, and allocate properly.
As long as you are following the general market momentum, not attempting to fight any trends, and practicing safe risk management, I genuinely do not see a reason you cannot quickly capitalize on these conditions. Just minimize your losses and make the most of the opportunities presented to you. I am excited to see where the markets ultimately take us today, and excited to capitalize on the conditions. Just make the most of the volatility, and let’s have an amazing 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: $NVDA, $INTC, $AMD, $MU, $ORCL, $TSLA, $SPCX
Speculative: $PTLO, $AIFF , $RIVN, $RBLX
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 07/09/2026 (ET):
Initial Jobless Claims - 8:30 AM
Existing Home Sales - 10:00 AM
Notable Earnings for 07/09/2026:
Pre-Market Earnings:
PepsiCo (PEP)
Byrna Technologies (BYRN)
Simply Good Foods (SMPL)
After Market Earnings:
WD-40 (WDFC)
Simulations Plus (SLP)
Wrap up
These market conditions will be difficult to navigate. I hope you all are ready for today and what the markets have in store for us. I genuinely want to see a beautiful directional breakout, but we will see. Markets are great, conditions are strong, just please, continue to practice safe risk management and do everything in your power to maximize your profit potential. Beware of the short-term fear and confusion, and just navigate with confidence. These are great conditions to actively be trading, so make the most of it and have a great time!
Good luck trading, and let’s see if we print today!