HaiKhuu Daily Report - 08/03/2026
Good morning and happy Monday!!! I hope you all had a wonderful weekend and are ready for another insane week for the markets! Man, this year has absolutely flown by; the fact that we are in August right now is insane. I love and appreciate each and every one of you, and welcome you all back for another week of fun volatility.
Markets are looking amazing during the pre-market session. We got news that the war is back off, but the question is, when does the war pick back up and how will volatility react then?
But hey, all that matters for now is that there is strength in the markets and everyone can easily realize some gains in a short period of time. So let’s make the most out of the opportunities presented to us today, and have an amazing time. I’ll talk more about my personal game plans for tackling today later on in the full report, but until then, make sure to check out the WEEKLY PREVIEW to prepare accordingly for this week, as this is a HUGE week for earnings!
Good luck trading today, and let’s see some new highs!
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: $741.02
Thoughts & Comments from Last Week
Last week was a volatile week for the markets, full of consistent opportunity. I hope that you all were able to capitalize on the short-term momentum that was provided to us. Both bulls and bears could have easily realized significant gains; it was just a matter of allocating with confidence while the markets were trending. Overall, it was a great week full of opportunity, and I hope you all had a great time!
We started last week with $SPY trading at $745.00. General market conditions were strong to start the week off, but quickly dropped, testing and breaking below $740 in the process. Monday was a clear rejection of $740, and it remained under $740 until Tuesday, when $SPY broke out slightly, remained above the $740 resistance, and remained in a relatively tight consolidation above the previous support.
Things were looking alright, and then FOMC happened on Wednesday. $SPY opened Wednesday looking alright, but we watched as we quickly dropped throughout the morning leading into FOMC, which was quickly bought back up as rates remained unchanged, before the markets went on and broke back above the $740 support. When that happened, markets were strong, but then we quickly sold off and made the official low of the week, trading at $729.10, breaking into the daily cloud and breaking every level of technical support we had.
Thursday was a better day for the general markets as we went on to reclaim all of the selling that occurred with a beautiful morning where $SPY reclaimed both the baseline and conversion line support, and rallied through the day to reclaim both $740 and the daily cloud. We ended Thursday with essentially recovering 100% of the selling that occurred on Wednesday, leading into Friday, where $SPY had an amazing day.
On Friday, we watched as $SPY opened the day green, trading at $744.73, and watched as $SPY dropped heavily throughout the morning, going on to make the relative low of the day trading at $737.69, meaning we dropped approximately $7 within the first hour of the day, and then watched as there was a beautiful recovery throughout the rest of the trading day, as $SPY displayed slight bullish momentum.
After the lunchtime lull on Friday, $SPY started to break out with more generalized strength, where we continued to make new official highs of the day leading into the back half of the afternoon, where we officially made the high of the day trading at $748.88. We dropped slightly into the end of the day, where we ended the week with $SPY trading at $747.03, and had an amazing time ending the week with some extremely fun 0-DTE option contracts.
We ended last week with $SPY up $2, or up about 0.25% overall. So, what I will say about last week is that general market conditions were strong, opportunities were amongst us, and we all had an amazing opportunity to realize a significant amount of gains in a short period of time. Anyone and everyone could have traded and realized some gains; it was just a matter of following trends and realizing gains. Hopefully you all were able to ride our 400% runner last week, and are ready for what this week has in store for us!
S&P 500 Heat Map - 07/31/2026
Thoughts & Comments for Today - 08/03/2026
Today is going to be a great way to start the week. Hopefully, markets only continue to display strength here in the short term and provide us all with great opportunities to trade and realize a significant amount of gains in a short period of time. Life is good and so are these market conditions, so please, continue to do everything in your power that provides you with opportunities to realize some gains, and take advantage of them.
Markets are displaying a significant amount of strength leading into today, but the real question is: are we going to be able to retain this strength, and do we have what is necessary for the markets to only continue to move up in the process? I think that there is a chance, but it all comes down to what is said and the headlines that revolve around it.
I obviously cannot guarentee that the markets are going to continue to move up at this point, but what I can say is that these market conditions are strong, we have reclaimed all of the daily support levels, and are displaying signs of bullish confidence. If we are going to be able to retain that or not is going to be one question, but with the way the markets are shaping up, it is almost hard not to be optimistic looking at the potential.
One thing that I do want you to consider right now is your next couple of moves in the general markets.
We have watched as tech organizations move up over the previous couple of trading days, and we are watching as there is a slow rotation out of safety. If you are looking to allocate into a relatively stronger position, please look to purchase some deep value organizations that are in the markets. The deep value we are going to experience today is going to be a lot different than the value we found last week, but it is still there. Look to allocate into organizations that have been sold off, and look for the value where it is presented.
But one warning that I have for you all is that we are seeing the starting signs of the end happening. So I am not saying this is necessarily the top; we hopefully will continue to move up here in the short term, but once the tech and noise start to die down, then you are going to have to sit back and look at the organizations people are going to be investing in due to fundamentals. Look for organizations that people deem as “safety” and the organizations that show a lot of back-end potential and sustainability. This is not going to be the next sexiest AI company. Once people start selling their tech organizations and AI companies at a loss, you are going to see so many people start to allocate into organizations like $MCD, $KO, and $COST. Again, maybe not today or tomorrow, but a couple steps ahead of where we are right now is when and where people are going to allocate.
So just be smart with the types of allocations you are attempting to make right now, especially if you are attempting to allocate into higher-beta tech organizations as a long investment, despite the fact that everything is pretty much trading at a relative high.
As long as you know what steps everyone is going to be taking here in the short term, you can prepare accordingly and position yourself properly as everything works its magic.
For my allocations today, I am extremely excited to do everything I can in the short term to realize gains while scalping and day trading. I am not going to do anything that may force a position, but at the same time, with the way the markets are trending and the way that everyone is feeling, it is almost hard not to be optimistic to attempt to scalp. So please, remain solvent and do everything in your power to maximize your potential today. Life is good and so are the markets, so let’s see what the markets have in store for us today, 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: $AMZN, $AAPL, $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 08/03/2026 (ET):
Manufacturing PMI - 9:45 AM
ISM Manufacturing - 10:00 AM
Construction Spending - 10:00 AM
Notable Earnings for 08/03/2026:
Pre-Market Earnings:
Easterly Government (DEA)
Sportradar Group (SRAD)
Marriott International (MAR)
Alexanders (ALX)
Avista (AVA)
BCB Bancorp (BCBP)
Compugen (CGEN)
CNA Financial (CNA)
CNH Industrial (CNH)
Tyson Foods (TSN)
After Market Earnings:
Palantir Technologies (PLTR)
Clorox (CLX)
Sterling Construction (STRL)
Whirlpool (WHR)
Allison Transmission (ALSN)
BWX Technologies (BWXT)
Capital Southwest (CSWC)
onsemi (ON)
Snap (SNAP)
ONEOK (OKE)
Wrap up
This will be a fun week for the general markets. Please take advantage of the momentum and opportunities presented to us, and let’s do everything in our power to realize some gains! Life is good, and so are these market conditions, so please make sure to realize some gains while trading today, and do everything in your power to maximize your potential. This is going to be a great week for the markets, so let’s have an amazing time and have some fun!
Good luck trading, and let’s see where $SPY takes us!