HaiKhuu Daily Report - 07/30/2026
Good morning and happy Thursday! WOW, we are seeing some volatility in the general markets, and I hope you all are prepared for another day of volatile irrationality! Markets are up slightly at the time of writing this report, but we are still down heavily from the FOMC yesterday. Market conditions are weaker than they were previously, and we have officially broken below levels of daily support.
These conditions are going to be less than ideal in the short term, but opportunities will present themselves as a result. Please continue to tread lightly and practice safe risk management on a day like today, as we are going to only continue to see confusion, volatility, and irrationality.
If you are comfortable or confident as a trader, this is going to be one of those days that I am going to recommend attempting to take on more risk, but the real question is going to be, where does this selling stop, and when is the best place to allocate? No one knows the perfect answer, but regardless of general sentiment, life is good and so are these market conditions, so let’s hope that the markets decide to break out and recover in our favor, and just see what happens!
Good luck trading today, and let’s enjoy some momentum!
The updated $SPY daily levels are as follows:
Conversion Line Support: $739.56
Baseline Support: $736.08
Psychological Support: $740
Previous All-Time High: $760.40
Daily Cloud Support: $740.57
Thoughts & Comments from Yesterday - 07/29/2026
Yesterday was a rough day for the general markets with some tough volatility to navigate. Everything was extremely predictable leading into the FOMC event, but what came afterward was both expected and unexpected at the same time. Hopefully everyone was able to capitalize on the short-term volatility of the event and realize a significant amount of gains in the process, but man oh man, what a time to be alive. Hopefully you all were able to survive the volatility of yesterday, because that was quite the time!
We started the day with $SPY opening right under the $740 resistance level, opening the day at $739.97. General market conditions at open were alright. We were slightly red on the day but watched as $SPY quickly tested and rejected the $740 resistance level and continued to drop early in the morning. Hopefully you all listened to the report yesterday, or were a part of the exclusive areas of the Discord because we predicted that bearish exposure literally hours before markets opened. So, we watched as $SPY sold off exactly to the point we expected, making a relative low trading around $732 during the lunchtime lull, meaning that $SPY dropped about $8 from open until the bottom.
After the selling occurred in the early morning, we watched as traders started to FOMO and watched as the markets reversed leading into FOMC.
We watched as the markets reversed at the bottom, then displayed more strength as traders started to load up leading into FOMC, where $SPY recovered about $3 in the process. We then got an announcement that rates were to remain the same, resulting in the markets popping up once again before coming back down before Warsh started to speak.
As bad as this sounds, Warsh speaking is not as fun or exciting as Jerome Powell speaking, and as a result, momentum did slow down until we decided to have one last final directional breakout and watched as $SPY broke above $740, looked strong, and made the official high of the day trading at $742.66. Everything at the top was beautiful. Rates remained unchanged, we broke back into the $740 range, and general market conditions were favorable, but that’s when things started to take a turn.
Leading into power hour, we watched as selling pressure started to stack up, and watched as $SPY went from trading at the official high of the day to dropping $13 in the course of an hour. $SPY selling only continued as we went lower and lower, as $SPY went on to make the official low of the day at $729.11 before bouncing up ever so slightly leading into close, where we officially ended the day at $729.46, down 1.5% overall, or down just shy of $12 overall.
So, what I will say about these market conditions is that things were obviously less than ideal. Life is good and so are the markets, but man oh man was that a rough day. Hopefully you all were able to capitalize on the volatility we experienced, but man, it will be interesting to see what the markets ultimately do from here. I hope you all are ready for some more volatility and confusion, because this is going to be a fun day!
S&P 500 Heat Map - 07/29/2026
Thoughts & Comments for Today - 07/30/2026
Today is going to be a spicy day for the markets. We had earnings from many major organizations last night; we have earnings from many major organizations during the pre-market session, and we have some insane earnings after-hours today. Lots of volatility events happening across the board with single-name organizations, and to top that all off, we have a significant amount of news coming out during the pre-market session.
If there is anything you should worry about in the short term, it is the economic news coming out during the pre-market session. With the news being released, we are going to see a LOT of volume driven during the pre-market session, which ultimately is going to impact everyone’s sentiment leading into today. Please watch out for the early morning news, as that will be the momentum driver for today.
Under the assumption that market conditions remain volatile, it is hard not to be a little excited heading into today. We’ve seen some disgusting selling that occurred yesterday, so now it is a question of what the markets will do today. Are we going to have a beautiful directional breakout and recovery? Or will the selling continue?
Again, I think it all comes down to economic news. Earnings last night were tough, but the markets are up slightly at the time of writing this report; it all will come down to global economic news to decide where we are going from here. So if you are attempting to trade today, make sure to tread lightly, practice safe risk management, and limit your general risks.
Many people are going to attempt to fight market momentum today, which is obviously less than ideal, but is just a part of these conditions. There always will be people who attempt to fight larger trends in the markets due to personal biases, failure to read technical analysis, or simple hope. This is not necessarily a bad thing, as “Sometimes” it works out, but I am telling you, with the momentum we are seeing in the markets, that “sometimes” is more so “rarely” than anything.
Please just make sure you are preparing accordingly for general risks in these conditions. I don’t want to get you all to be bearish or pessimistic about these conditions, but we have broken below many major levels of support on the daily chart. Obviously is going to be less than ideal to allocate long here once everything starts to break down, but this is what we’ve been warning about for a while! Chips and Semis are starting to drop; we are seeing weakness in the general markets, and it is almost hard not to be overly optimistic about where the markets take us from here.
I am extremely excited to capitalize on these conditions, but I know in reality there are going to be more signs of weakness in the short term that will make traders skeptical. So please, do what you can to realize gains here in the short term, make sure that you are realizing gains on positions you are up beautifully on, and start to have some cash laying around. Because obviously, with the way the markets are trending, the inconsistencies are going to kill people. We are only down like 4% from the previous all-time high, but at the same time, we can easily continue to drop from the top if conditions continue to weaken, so just something to consider.
I do not know how much trading I am going to attempt to personally do today. Under the assumption market conditions strengthen, I will be looking for an opportunity to purchase some deep value in the markets, but in the case we see some weakness, then I am going to be looking to sideline myself and wait for a confirmation of a reversal to allocate. So if and when I see any opportunities to trade today, I’ll let you all know. I would love to see a larger market reversal back into that $740-750 range, but again, it all comes down to the sentiment driven by economic news. So we see where the markets take us today, and enjoy the opportunities!
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: $MSFT, $META, $SNDK, $TSLA, $ORCL, $INTC, $AMD, $MU, SPCX
Speculative: $PTLO, $AIFF , $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 07/30/2026 (ET):
Initial Jobless Claims - 8:30 AM
GDP - 8:30 AM
Personal Income -8:30 AM
Personal Spending - 8:30 AM
PCE Index - 8:30 AM
Core PCE Index - 8:30 AM
Notable Earnings for 07/30/2026:
Pre-Market Earnings:
Bristol Myers Squibb (BMY)
CIGNA (CI)
Mastercard (MA)
Valero Energy (VLO)
Altria Group (MO)
Quanta Services (PWR)
Baxter International(BAX)
Crocs (CROX)
Enterprise Products (EPD)
Anheuser-Busch InBev (BUD)
After Market Earnings:
Apple (AAPL)
Amazon.com (AMZN)
Roblox (RBLX)
Reddit (RDDT)
AXT (AXTI)
MasTec (MTZ)
Rivian Automotive (RIVN)
Sony Group (SONY)
DexCom (DXCM)
Coinbase Global (COIN)
Wrap up
This has been a hectic week for the general markets with the difficulties we are experiencing right now. I am excited to see what the markets ultimately do and where they are going to take us in the short term. There is going to be continued volatility and irrationality leading into the market conditions today, so please, tread lightly, practice safe risk management, and maximize your profit potential. Many people can print while scalping this vol today, so sit back, enjoy, and make the most of it!
Good luck trading, and let’s see where the markets take us today!