HaiKhuu Daily Report - 07/10/2025
Good morning, and happy Thursday! Wow, this week has been absolutely flying by, and man, have trading conditions been tough and dirty this week.
Opportunities have presented themselves to us, and we are seeing the same type of opportunities being built again. I would advise you all to please continue to remain safe and protect your bottom line while attempting to trade today, as conditions are looking less than ideal, and just know that traders are optimistic yet skeptical at this level.
It is not a good sign that we have not made a new all-time high yet, but at the same time, we are looking for the general opportunities that are available to us in these conditions. I’ve discussed this before, and I will discuss it again. Despite conditions being great and conditions being strong, it does not mean that traders are not going to have a difficult time. Please continue to tread lightly and practice safe risk management when attempting to trade, as many traders are going to have general difficulties realizing gains consistently.
The only thing that the average trader should be realizing consistently in these conditions is losses. So again, do what you can to protect yourself from market chop, and just have a great time in the process.
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $617.33
Baseline Support: $605.67
Psychological Support: $600
Daily Cloud Support: $575.53
Thoughts & Comments from Yesterday - 07/09/2025
Yesterday was honestly a disgusting yet beautiful day for the markets. There was a significant amount of momentum-based movement, and traders had opportunities to capitalize on both directions in the market, yet following the general market sentiment and movement proved that once again, skiddish bull wins the race!
So, we started the day with $SPY opening at $622.73. Conditions were looking great as $SPY gapped up slightly, and we watched as $SPY rallied approximately $2 almost instantly, going on to make the official high of the day at $624.72. Conditions were looking good as we were headed towards a new all-time high, only to watch as $SPY quickly reversed, sold off, and before the morning was over, went on to make the official low of the day, trading at $620.92, before reversing during the lunchtime lull.
The afternoon, despite conditions being gross, provided us with consistency and opportunities to both trade and realize a significant amount of gains. $SPY quickly went from $621 to rallying all the way to $624 by close. We only had choppy yet consistent slow bullish momentum throughout the entire afternoon, watching as all previous sentiments of FOMC remain perfectly in line with what happened yesterday.
We officially ended the day with $SPY trading at $624.06, up $3.72 for the day, or up 0.6%. I will say that yesterday wasn’t a great day, but it provided us with many opportunities to trade, allocate, and have a relatively easier day for the overall markets. I will say that I am happy with the results of the market conditions yesterday, but conditions are still going to continue to be tough to navigate. So please tread lightly, practice safe risk management, but understand that these conditions are going to be extremely difficult to remain consistent. So please make some smart decisions, tread lightly, and practice safe risk management!
S&P 500 Heat Map - 07/09/2025
Thoughts & Comments for Today - 07/10/2025
Today is going to be a confusing day for the markets. If I am just giving these conditions my tinfoil hat prediction, I think there is an extremely high likelihood that we see a larger directional move in the markets. The question is, which direction are we headed, and how large of a movement are we about to see? We are within range of making an all-time high, but I do not believe that we have the general strength necessary to make it happen. At the same time, there is not enough market weakness or fear to cause us to sell off.
If you are attempting to trade and allocate into the markets today, just understand that there are not many catalysts that we are waiting for to cause the markets to break out in an irrational way. We are seeing more retail come back into the markets, but please, regardless of whatever you attempt to do or trade today, please just make sure to practice safe risk management and to tread extremely lightly.
Many traders have been burned as a result of these ongoing market conditions, and traders will continue to be burned as a result. So, either you can make the right decisions and do what you can to maximize your potential, or you can be like the average trader in these conditions, realizing losses and having a tougher time.
I will say, though, that I do believe that today will be a better day to attempt to trade 0-DTEs. With the current state of the markets and the generalized confusion that we are seeing, it is genuinely such a double-edged sword. 0-DTE contracts are going to be irrational, overpriced, and stupid if you are attempting to trade today, but… this is going to be one of those days that I do believe we will see a larger directional movement in the markets, where if you grab the proper 0-DTE contract, in the correct direction, then you will have an amazing opportunity to trade. The question then becomes, how do we trade and allocate properly with the generalized confusion and fear of the markets? That part is not as easy, and is where many struggle.
Just as always, continue to practice safe risk management. Market conditions are good, but that does not mean that traders are not going to get chopped out or have a generally difficult time.
Trades WILL get sliced up left and right in these conditions, and I am not going to attempt to deny that./ Just a couple of days ago, I personally was chopped out of multiple positions on an intraday basis that resulted in losses being realized. It is never fun getting chopped out, but at least we can do what we can to practice risk management, decrease loss potential, and mitigate any serious damages!
That is the beautiful part of the markets. As long as you know how to navigate and make sure you don’t lose your ass, it is almost impossible to realize a significant amount of losses.
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, $RIVN, $AAPL, $FWONK, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 07/10/2025 (ET):
Initial Jobless Claims - 8:30 AM
Notable Earnings for 07/10/2025:
Pre-Market Earnings:
Delta Air Lines (DAL)
Conagra Brands (CAG)
Bryna Technologies (BYRN)
Simply Good Foods (SMPL)
Helen of Troy (HELE)
Northern Technologies (NTIC)
After Market Earnings:
Levi Strauss & Co (LEVI)
WD-40 Co (WDFC)
PriceSmart (PSMT)
E2open Parent Holdings (ETWO)
Wrap up
Hopefully, this is a great day for the markets, and we watch as $SPY rips to make a new all-time high on TACO. Obviously, we do not know what is about to happen, but we can do what we can to maximize our profit potential and have a lot of fun in the process. Many traders are going to realize a significant amount of gains relatively easy in these conditions, so please, continue to have some fun and let’s just continue to do what we can to maximize our profit potential at this time!
Good luck trading, and let’s see where $SPY takes us today!