HaiKhuu Daily Report - 08/01/2025
Good morning, and WELCOME TO AUGUST!
Wow, this week has FLOWN by, yet these conditions have been horrendous. We have continued to see new all-time highs in the markets, but are instantly met with bearish momentum that is heavily impacting our ability to trade. I believe that we are going to see some absolutely amazing opportunities to scalp and trade today, so PLEASE take advantage of this short-term weakness that is being displayed.
Markets have continued to drop during the pre-market session, and I believe that many traders are going to be scared and fearful going into today. Tread lightly, as this bearish momentum is not overly concerning, but does raise some red flags. Be careful going into today, as I believe many traders are going to have a tough time.
If you are holding any positions that make you uncomfortable, this will help identify plays you're least comfortable with. We can then adjust those positions to make them more comfortable. This typically occurs when you either allocate into a company you dislike or no longer believe in, having lost faith in your initial thesis, or you are in a company you genuinely enjoy but are heavily overleveraged. I'd rather you figure that out now than in the case everything goes poorly.
Make sure to practice safe risk management. I'm optimistic and hope the markets will experience a strong recovery as they rally from the bottom.
However, we must remain defensive and realistic, but just know that I genuinely believe a skittish bull will win the race.
Good luck trading this week, and let’s pray the markets don’t dive from here!
The updated $SPY daily levels are as follows:
Conversion Line Support: $633.02
Baseline Support: $622.69
Psychological Support: $620
Daily Cloud Support: $595.80
Thoughts & Comments from Yesterday - 07/31/2025
Yesterday was a horrible day for the markets. There is no way to put it other than it was a horrible time. $SPY did go on to make a new all-time high, but my fears came true that it was a repeat of the previous trend would repeat itself, where $SPY made a new high, and ultimately ended up selling off afterward. Many traders generated losses, and not many came out of yesterday unscathed.
So, we started the day with $SPY trading at $639.55. Conditions were looking great as $SPY displayed a significant amount of confidence, and watched as we quickly popped to make the official all time high at $639.85 at open before coming right now.
The selling was slow, provided us a couple opportunities to trade the chop, but mostly was just selling that was less than ideal for absolutely everyone. The selling picked up leading into the lunchtime lull, providing us a small scalp opportunity, but we kind of watched as markets continued its down trend throughout thr rest of the afternoon and going on to make the official low of the day trading at $630.77, before ending the day officially at $632.08, down $2.38, or down roughly 0.4%.
I am not saying that yesterday was an absolutely terrible day for the markets, but it really was not a great time and a large amount of traders did unfortunately realize losses as a result of the conditions. Hopefully, the losses were not significant, but we did warn you about the market conditions and the difficulties that we would face. Hopefully there is more solvency in the markets, but with the ongoing volatility and confusion, it is extremely difficult to know where we are headed with any type of confidence. So, we see where the markets take us today, and make the most of this confusion!
S&P 500 Heat Map - 07/31/2025
Thoughts & Comments for Today - 08/01/2025
So, going into today, market conditions are looking absolutely disgusting, but I genuinely do believe opportunities will be provided to us as a result of this. The question is, where will the markets go from here? $SPY is looking terrible and is displaying weakness, but we are at major daily support.
Are we about to bounce from this level and break out again? Are we going to drop quickly, fake people out, and continue to move up? Or are we just going to continue to drop? I wish I had the answer to give you, but the only thing I can say at this point is to please continue to remain solvent.
There is a slightly bearish undertone in the markets, but in reality, this is giving us a fantastic opportunity to catch a breakout. I do not know if it is going to happen today, but if I am being honest with you all, the drop we have seen over the previous couple of days has NOT been significant. Yes, we have dropped quickly from all-time highs, but we’ve seen four gross days in the markets, and if today is gross, that will round out the week. It’s never a good time for anyone, but this short-term confusion honestly provides me with a significant amount of confidence. Market conditions are strong, yet we are seeing weakness. Is that for good reason? Or am I blindly running to my death?
Again, this is not financial advice or a signal to buy or sell any positions, but just think about the realistic future of the markets. A lot of it will come down to solvency in the markets, strength in the US economy, and the hesitance that people are currently displaying. Currently, a significant amount of capital remains undeployed. Despite traders' confidence and strong market conditions, the US economy's strength does not translate to the same level of deployed capital in equities markets.
So, once we see a shift again and see retail traders who had experience trading in 2021, start coming back into the markets and coming back quickly, that will provide us the solvency necessary to justify these levels, and push us to new all-time highs. We just need a catalyst to come up that causes that irrationality, and it needs to happen relatively soon, or else I do believe that we will see the markets drop here in the near future.
But what happens if we never get that catalyst?
That is what we need to worry about, and it is something that genuinely concerns you at these all-time highs. What happens when markets are not as confident? What happens when traders are down significantly? At that point, there isn't much we can do except pray for cash allocation and practice safe risk management.
If you are trying to trade today, I recommend scalping and trading after the first hour to see how things settle. It is going to be a tricky time trying to trade during that first hour, as most profitable opportunities arise within the first hour. However, given the market's uncertainty, it is almost impossible to enter trades that early in the day with both comfort and confidence.
This is going to be one of those times that I do NOT advise people to attempt to trade 0-dte’s due to the risk that is involved. Many traders will get absolutely burnt if they attempt to trade them and trade them incorrectly………………..but if you are a 0-dte trader and like taking on a lot of risk, bullish exposure should be extremely cheap from here and provide a solid risk-to-reward ratio in the case things go well. So just something to consider……………
Just again, please be smart and do what you can to remain solvent in these market conditions!
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, $AAPL, $AMZN, $MSFT, $META, $JEPI, $INTC, SOL, $RIVN, $TSLA, $NVDA, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 08/01/2025 (ET):
Employment Rate - 8:30 AM
Unemployment Rate - 8:30 AM
Hourly Wages - 8:30 AM
Manufacturing PMI - 9:45 AM
ISM Manufacturing - 10:00 AM
Consumer Sentiment - 10:00 AM
Notable Earnings for 08/01/2025:
Pre-Market Earnings:
Exxon Mobil (XOM)
Chevron (CVX)
Regeneron Pharmaceutical (REGN)
Colgate-Palmolive (CL)
CNH Global (CNH)
Dominion Energy (D)
Ameren (AEE)
Linde (LIN)
LyondellBasell Industries (LYB)
Wrap up
Hopefully, the markets don’t tank today and over the weekend. I am slightly bearish, but I genuinely do believe that there is a great opportunity for the markets to break out here and get back above the daily support level. So, many traders are going to have a difficult time. Please just be careful and protect your bottom line. This is going to be a volatile day, so let’s have some fun and end this week strong!
Good luck trading, and kill it today!