HaiKhuu Daily Report - 07/10/2026
Good morning and happy Friday! Wow, where has this week gone??? This week has absolutely flown by, and I hope that you all are ready for what the markets have in store for us today! Markets are essentially neutral from close, as we have continued to retain this $750 level on $SPY, and we have a fun IPO you guys should keep on your radar!
With Snyk set to go public soon, this is an organization you should keep on your radar! The organization is over 7x oversubscribed, meaning that there is exponentially more demand for the shares than are currently available. This is great for those who have been long-time shareholders, and going to be even more fun for anyone who was able to get book shares, or are part of the founders’ list.
Please continue to tread lightly today, as there will be some great opportunities to scalp, but I am expecting neutrality and difficulties as we have been able to retain this $750 support.
Tread lightly, practice safe risk management, and prepare accordingly for what the markets may have in store for us today! Many people will have fun and realize some gains, so be one of those individuals, make the most of this volatility, and have a great time!
Good luck trading today, and let’s see what $750 has in store for 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: $732.22
Thoughts & Comments from Yesterday - 07/09/2026
Yesterday was a tough yet profitable day for the general markets. Traders had an amazing time with opportunities presented to us left and right. Traders could have easily realized some gains simply following the trend, and anyone who followed our analysis should have absolutely printed. Congrats to anyone who had some fun trading yesterday and realized some gains!
We started yesterday with $SPY trading at $747.26. Market conditions were okay, as we were up slightly in the morning, but nothing of major significance. We popped up slightly for the first hour of the day before quickly coming back down and making the official low of the day trading at $745.59 within the first hour or so of the day. After making that low, the markets did thankfully bounce and provided us with some strong momentum for the rest of the trading day!
The markets popped up leading into the lunchtime lull, watched as the markets only continued to rally afterward, and watched as $SPY pushed into the early afternoon. That is when we finally broke out of the $750 resistance level and continued to move up. Conditions were relatively slow as we continued to play in an extremely neutral range, but thankfully the markets only continued to break out as $SPY went on to make the official high of the day at $751.97, and officially ended the day trading at $751.71, meaning that $SPY ended the day up $6, or up just shy of 1%.
SO essentially, it was a quick morning of slight bearish momentum, which was followed by perpetual slow bullish movement throughout the rest of the day. Anyone who was simply following the momentum should have had absolutely zero issue capitalizing on the conditions, and hopefully you all were able to realize a significant amount of gains in the process. I know I personally loved shouting out some fun plays through the slow momentum, including some perfect alerts on market condition shifts, so hopefully you all had a lot of fun trading yesterday and are ready for what the markets have in store for us today!
S&P 500 Heat Map - 07/09/2026
Thoughts & Comments for Today - 07/10/2026
Today is going to be an interesting time for the general markets. With what we’ve seen over the previous couple of days and the resistance levels that we are testing, I am genuinely excited to see where the markets take us today and what the markets ultimately do. We are testing the $750 resistance level on $SPY and we will continue to test this level until there is a directional move. We had a directional test at $740 the other day, and were able to bounce all the way to $SPY $750; now the question is, do we get back to $740? Or do we go on and reach a new all-time high? That is the question everyone has at this point, yet no one has a good answer.
What I am going to recommend is to continue to tread lightly, remain relatively neutral, and attempt to capitalize on the short-term momentum that is being provided to us in the moment. Once there is a confirmation of a direction and sentiment that everyone can capitalize on, simply follow that larger trend, and actively scalp and day trade with confidence.
Single-name stocks are going to be exponentially easier to actively scalp, but it all comes down to how you personally are attempting to allocate.
If you are looking for ease, momentum, or volatility, single names are going to be the best bet in these conditions. With the way the indices are moving, it is going to be extremely inconsistent attempting to force a position. Either you are spending $75,000 on a singluar lot of $SPY, and hoping for a small move to be able to realize anything of significance, or you can look to allocate into any single organization, and get exponential return in comparison to $SPY.
So look for those single-name stocks that have higher beta, have the volume necessary for you to be comfortable, and then allocate with confidence. I am sure there are going to be a ton of organizations in the markets today that have been sold off over the previous couple of weeks or months, which then is going to result in some irrational purchasing one of these days. If you look at how chips & semi’s have been moving over the previous week, this is a perfect example.
I am not saying you should attempt to FOMO into semi’s at this point, but that was a perfect little example of how these market conditions are less than ideal for some organizations, but provide you with opportunities despite the weakness.
Just again, understand that there is so much that is going to heavily impact the markets right now, price of the current market, the fact that $SPY is at a major resistance level. All that we need is a news catalyst at this point. Watch for war news that may happen today to bring some additional volatility, and just prepare accordingly for what is going to be an inconsistent yet fun day for everyone!
Two things I want to put on your mind leading into today.
SK Hynix and 0-DTE’s by close.
SK Hynix is one of the largest international organizations to come to the US markets with an ADR. I am going to advise you all to try and stay away from this, as this is not going to necessarily get the same “hype” as other IPOs, as this is just an ADR release. There will be volume as a result, but at the same time, many people will look away simply because this is an ADR.
But, 0-DTE’s are back on the table!
Before I say anything, this is not financial advice nor a signal to buy or sell any position. I am not a fan of HOLDING 0-DTE, but there are great opportunities to scalp them intraday.
BUT, I genuinely believe that 0-DTE’s today, towards the back half of the trading day (Final hour or so~), is going to be one of the best risk-to-reward plays that have been provided to us today. You will be able to purchase contracts for pennies on the dollar, and as a result, you will be able to take on massive exposure to either a 100% loss or a 1,000% win. This is the fastest instant gratification you can catch, and hopefully someone here will find a great organization that breaks out.
So look for an organization that has sold off heavily or has remained neutral throughout the day. Make sure it is trading at or below the next strike price, and watch for confirmation of a breakout. Under the assumption that you are purchasing some of these insane contracts for literal pennies, you will be able to heavily increase your exposure, providing you with some insane opportunities for return. Just remember, if you are 1% wrong, you are 100% wrong in the case that this does not work, so choose your positions wisely, and make the most of it!
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 07/10/2026 (ET):
No News Scheduled
Notable Earnings for 07/10/2026:
Pre-Market Earnings:
Delta Air Lines (DAL)
Wrap up
This is going to be a fun way to end the week. We are going to hopefully get some volatility and a directional move, it would be great if we got some war news, and it would be amazing if everyone was able to realize a significant amount of gains in a short period of time. I am excited leading into today, and I hope that you all are too. Go on and realize some gains, and have an amazing weekend!
Good luck trading, and let’s end this week strong!