HaiKhuu Daily Report - 08/04/2025
Good morning, and happy Monday! Wow, these conditions have been confusing and tough. I hope your weekend was better than the markets’ last week, and hopefully this week will display slightly more strength!
At the moment, markets are up ever so slightly. Still, we are seeing weakness here in the short term. However, market conditions overall are still strong, and traders are being provided with many phenomenal opportunities not only to trade, but also to have opportunities to realize a significant amount of gains.
Just remember that despite the short-term strength we are seeing in the pre-market session, and the weakness we’ve seen over the previous week, we should not be overly ambitious, as many people who end up overtrading will realize significant losses as a result of the ongoing volatility. I hope none of you lose, and that you all are going to be able to realize significant gains. However, with the generalized confusion and difficulty, many are going to get burned by the chop.
So please make sure to tread lightly, and prepare accordingly for the week by checking out all of the Economic News & Earnings HERE!
Good luck trading this week, and let’s see a beautiful recovery!
The updated $SPY daily levels are as follows:
Conversion Line Support: $629.57
Baseline Support: $624.11
Psychological Support: $620
Daily Cloud Support: $596.18
Thoughts & Comments from Last Week
Last week was honestly a disgusting week for the markets. To put it as kindly as possible, I do not remember the last time we saw a straight M-F of just red candles on the daily. Conditions were harsh, yet the markets continued to make new all-time highs.
I do not know how traders did not get shot despite conditions being phenomenal. Anyone who had a bit of bad luck had a terrible time trading, and I would say the large majority of individuals generated losses last week. It was a brutal and disgusting week for the markets, but such is simply life.
So, we started the week with $SPY trading at $637.46. Conditions were looking alright, and $SPY continued to remain relatively neutral around that price, despite trending and making new all-time highs.
Markets dropped slightly on Tuesday, following some sketchy times, which was followed by FOMC on Wednesday. We had a minor hiccup where $SPY dropped slightly, but that was quickly bought back up, and we rallied leading into Thursday, where $SPY rallied hard on $META and $MSFT earnings.
Thursday was great as $SPY opened the day and went on to quickly make the official all-time high at $639.85, rejecting that $640 resistance point, and then it was genuinely game over. Markets quickly dove and sold off everything gained on Thursday, which was followed by poor earnings from $AMZN, and a continuation of selling leading into Friday.
Friday continued the pattern of disgusting conditions, with $SPY selling off and remaining gross throughout the day, reaching the official low of the week at $619.29. This marked a drop of roughly $20 over two trading days.
We ended the week with $SPY trading at $621.72, down $15.74 for the week, or down approximately 2.5%.
What I will say again is that that was a genuinely disgusting week for the markets. If you lost money, I do want to personally reassure you that the losses were not necessarily on you; market conditions were harsh, but if any severe losses were generated, then you should look to tone down your risk. But regardless, congratulations on surviving another week in the markets, and let’s see where the markets take us now.
S&P 500 Heat Map - Last Week
Thoughts & Comments for Today - 08/04/2025
Today is going to be a tough day to judge confidently during the pre-market session. With the way the markets are looking, there is extremely short term strength, while we are in a slight bearish trend, while markets overall is strong. That is confusing when said, but I am sure many understand.
I want to warn you about the short term strength, during this weak time as we have broken below major daily support levels and market conditions are less than optimal at the moment with an increase in volatility and a quick drop in the markets, but the confusing thing is, is questioning if this a buy the dip opportunity. I’m personally extremely bullish on market conditions, but with the uncertainity that is arrising here in the short term, despite the fact that I am comfortable, does not make me confident to allocate in these conditions.
Take into consideration the location of the markets if you are attempting to justify any type of allocation here in the short term. Yes, we have seen a small dip in the markets, but the question is, is the dip done dipping, and where are we going to bounce. Will there be any catalyst to cause rapid purchasing soon? If so, what is going to be that catalyst?
Are you personally comfortable allocating at 2% away from all-time highs, at levels that were previous all-time highs a couple of weeks ago?
There are a lot of things that you do have to realistically consider in these market conditions and it really comes down to figuring out where you personally are the most comfortable and confident navigating.
For myself, and I am assuming the majority of others, the easiest and most comfortable way to navigate this volatility has to be holding strong equities. If you are holding strong equities with a nice cushion of room to assist you towards the downside, you will be completely fine through the short term volatility and confusion.
The only people that I genuinely am going to be concerned about are those who only trade short term option contracts. In the case that your position is correct, these traders will make the most money % wise compared to everyone else, but is taking on the most amount of risk compared to absolutely everyone. You are either going to win a significant amount, or you are going to lose absolutely everything in that position. There is typically no inbetween, and typically its more often the latter that happens.
So, just continue to follow the momentum and do not fight the trend. A skittish bull should continue to win in these market conditions, and in the worst case scenerio, if conditions are not looking strong, you can simply sit back, relax and not have to stress out about your allocations!
Just hope that we get some catalyst that casuses the markets to move up soon, and just worry what might happen over the next couple of weeks as there is going to be a significant amount of volatility and difficulty that will be absorbed in the markets, and only the strong will survive, but man oh man, are those individuals going to be extremely profitable. So, let’s see where the markets ultimately take us today 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:
$SPY, $JEPI, $INTC, SOL, $RIVN, $TSLA, $NVDA, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 08/04/2025 (ET):
Factory Orders - 10:00 AM
Notable Earnings for 08/04/2025:
Pre-Market Earnings:
Berkshire Hathaway (BRK.B)
Wayfair (W)
BioNTech SE (BNTX)
Icahn Enterprises (IEP)
Tyson Foods (TSN)
onsemi (ON)
Freshpet (FRPT)
BioCryst Pharmaceuticals (BCRX)
Kaspi.kz (KSPI)
IDEXX Laboratories (IDXX)
After Market Earnings:
Palantir Technologies (PLTR)
Hims & Hers Health (HIMS)
MercadoLibre (MELI)
Axon Enterprise (AXON)
Navitas Semiconductor (NVTS)
BellRing Brands (BRBR)
BWX Technologies (BWXT)
ThredUp (TDUP)
Vertex Pharmaceuticals (VRTX)
ONEOK (OKE)
Wrap up
Hopefully markets continue to recover and continue to display strength for us. Currently, conditions are not looking the best, but again, we are in a place where there should be both comfort and confidence in the opportunities that will be available, so please, do what you can to make the most out of today, and prepare accordingly for the difficult battle we all are about to face!
Good luck trading, and let’s start this week strong!!!