HaiKhuu Daily Report - 07/24/2026
Good morning and happy Friday! Wow, these market conditions have been slow, choppy, and relatively difficult to navigate, but the opportunities keep presenting themselves to us! I hope you all have had a lot of fun and have been able to realize a significant amount of gains in a short period of time. These conditions have been volatile, but have provided us with so many great opportunities to scalp, trade, and have an amazing time!
I am excited to see where the markets decide to take us on a day like today. $SPY is trading at the lower end of the $740-750 range, where we broke below the level yesterday, but have broken back above it at the time of writing this report.
With the mild green in the markets leading into today, I will say it is almost hard not to be optimistic and hopeful. Ideally, market conditions only continue to rally from here and provide us with both strength and confidence, but regardless of everything, I think this is going to be a great day. Just make sure to take on risks when it makes sense, manage your positions properly, and realize some gains.
Let’s have fun today and make the most out of it.
Good luck trading, and let’s print today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $745.39
Baseline Support: $736.08
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $741.10
Thoughts & Comments from Yesterday - 07/23/2026
Yesterday was a gross and choppy day for the general markets, yet single-name stocks had absolutely insane volatility. We saw so many great opportunities to scalp and day trade a bunch of these organizations; it all came down to how and when you attempted to enter these plays. There were opportunities presented to us left and right, and hopefully you all were able to realize significant gains intraday. We had multiple perfect entries and signals, and I hope you all had an amazing time!
We started yesterday with $SPY trading at $739.25; there was significant weakness as $SPY dropped approximately $8 from the previous close, but we were met with mild bullish momentum after the open. $SPY rallied and made the official high of the day trading at $742.56, before coming back down and having a relatively disgusting time. Throughout the rest of the morning, into the lunchtime lull, we watched as $SPY slowly dropped and made the official low of the day at $735.21, before recovering slightly into the early afternoon.
During that time, $SPY did go up to test the $740 resistance, but had no luck smashing through that level as $SPY only continued to come back down throughout the entire afternoon, thankfully not making a new low of the day, but we watched as there was ever-so-slight bearish momentum that really did not provide us with any great opportunities in the short term. There were mild bounces that traders could have caught, but again, this is why I always say if you are looking to trade momentum, watch these single-name stocks!
Well, we went on to officially end the day with $SPY trading at $738.18, down $9 for the day, or down roughly 1.2% overall.
What I will say about these conditions is that things were less than ideal; obviously, it was a tough day for a lot of people, but honestly, there are worse things that could and did happen in the process. $SPY dropped heavily, smashing both the $ 740 psychological support below and multiple levels of technical support. We went on to test the daily baseline support yesterday, and overall general conditions were tough to navigate. Again, hopefully you listened to our alerts as we absolutely killed it on a bunch of different plays, and our traders were able to maximize opportunities. We alerted on a perfect signal for a $TSLA entry at the top, where we sniped our price target for a reversal at the high of the day, and nailed the reversal at the bottom. Hopefully you all were paying attention and able to maximize profit, because man oh man what a time to be alive! So, let’s see what the markets ultimately end up doing today, and have some fun in the process!
S&P 500 Heat Map - 07/23/2026
Thoughts & Comments for Today - 07/24/2026
Today is going to be a spicy time to end the week. With the way many of these major tech organizations are moving, I know that everyone should be excited about the opportunities presented to us. Please, whatever you attempt to do today, please make sure that you are practicing safe risk management and doing everything in your power to maximize your profit potential. Many organizations have been heavily oversold over the previous couple of days, which is unfortunate but will provide us with an amazing opportunity to scalp, trade, and realize some gains. So please, continue to make the most out of this short-term volatility, and realize some gains today! Life is good, and so are these market conditions, so take advantage of the opportunities available.
If you look at some of these organizations that have been sold off, we are seeing organizations like $TSLA be down 15%, $GOOGL is down 8% and $META is down 7%. I am not saying that any of these organizations are necessarily going to “recover,” but these are higher beta tech organizations that have sold off heavier than everything else in the markets. If we continue to come down and show generalized weakness, that would be unfortunate, but these organizations are going to rally harder than the rest under the assumption that we do start to see an intraday recovery.
One thing to consider at this level is the technical and psychological levels that are in play now. $SPY is currently playing within the $740 magnet zone and the $750 resistance level. We’ve remained within this rough $10~ range for the past couple of months and have been waiting for a catalyst to break out in either direction. Obviously, it will be less than ideal when $SPY is at the bottom of this range, but it does provide some strength. So, as $SPY has broken below all technical support on the daily chart and is testing the cloud support, it is almost going to be hard to remain overly optimistic. This is exactly when we look to strike! As people are confused and conflicted on how they want to attempt to allocate in the short term, that means that there will be opportunities to strike, and not many people striking, so when the reversal does come, it is going to come quick, it will come hard, and no one is going to expect the movement.
I am not saying that we need to get a large directional breakout today, nor am I saying that it is guaranteed to happen, but with the conditions we are experiencing, it is almost going to be hard not to want to take advantage of this weakness that is being displayed. Lots of organizations are heavily oversold in the short term, offering us great opportunities to scalp and trade.
Because this is Friday, one play that I will voice that I believe is going to be amazing today is 0-DTE contracts right before close.
Before I say anything - typical disclaimer - This is not financial advice nor a signal to buy or sell any positions. Anything I am about to say is extremely risky, and you can easily lose 100% of any position you place, so please make sure to do your own due diligence and prepare accordingly.
But these contracts are going to be spicy today. With the selling that has occurred in these major tech organizations, it is almost hard not to be optimistic about the opportunities leading into today. Please, within the last hour or so of the day, look for a higher-beta tech organization that has been either sold off or showing signs of a consolidation break, and play the directional move.
These ATM option contracts that are pennies away from going ITM are going to be valued for pennies on the dollar as they are technically still OTM, but assuming we get a large directional break within the last half hour or so of the trading day, it is almost hard not to be overly optimistic. Look for the opportunities that get presented to us, and seize any chance possible.
Just again, make sure to practice safe risk management; if you are 2% wrong on this play, you will ultimately end up being 100% wrong. So tread lightly, practice safe risk management, and have an amazing time in the process.
This will provide us with the almost instant gratification that any trader is looking for. So allocate properly, and have an amazing time today! I know I am excited about the opportunities that will present themselves to us to print, so let’s print and 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: $TSLA, $GOOGL, $ORCL, $SNDK, $INTC, $MU, $AMD, $SPCX
Speculative: $PTLO, $AIFF , $RIVN, $SMCI
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 07/24/2026 (ET):
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
New Home Sales - 10:00 AM
Notable Earnings for 07/24/2026:
Pre-Market Earnings:
Charter Communications (CHTR)
Verizon Communications (VZ)
American Express (AXP)
NextEra Energy (NEE)
Booz Allen Hamilton (BAH)
SLB (SLB), First Hawaiian (FHB)
Flagstar Financial (FLG)
Tenet Healthcare (THC)
Wrap up
This will be a fun way to end the week; there is strength, momentum, and consistent opportunities presented to us. With the way the markets are trending, this is going to be one of those days when I think we can realistically realize significant gains in a short period of time. Be smart, be safe, and let’s make the most out of today!
Good luck trading, and let’s see where the markets take us!