HaiKhuu Daily Report - 08/05/2025
Good morning, and happy Tuesday! I am not trying to get you all to be hyper bullish in these conditions. However, I want to begin by stating that I believe market conditions will continue to strengthen, and I genuinely believe we have an impressive runway for strong bullish momentum.
I am not trying to get you all to be overly bullish and take on too much risk. But, given the current trends and the way the markets are setting up, I highly recommend that all traders remain optimistic and make the most of these conditions.
We have seen some mid-term weakness in the markets, but we have moved up nicely from the bottom, and have essentially done a quick reset and had an extremely mild “correction”.
The drop was nothing of any major significance. Still, we are now back to the lower end of greed on the fear and greed index, showing us that there is a lot of potential remaining, as we are displaying a significant amount of strength.
Yet, retail traders are not foaming at the mouth for U.S. equities.
So, this will be an exciting time for the markets. I will always advise you to practice safe risk management and to size accordingly, as losses can be generated extremely quickly in these conditions. Hopefully, we see a continuation of this strength in the markets, and we continue to realize some gains!
Good luck trading today, and let’s see a continuation of this strength!
The updated $SPY daily levels are as follows:
Conversion Line Support: $629.57
Baseline Support: $625.34
Psychological Support: $620
Daily Cloud Support: $598.03
Thoughts & Comments from Yesterday 08/05/2025
Yesterday was an awesome day for the markets. Conditions were slow, and momentum was disgusting, but traders should have generated a significant amount of gains in the process. All that was lost on Friday was pretty much recovered yesterday, and life moves forward. Conditions are great, and we are having a phenomenal time in these confusing market conditions!
So, we started the week with $SPY opening at $625.67. Market conditions were favorable, giving us confidence around the open. We hit the official low of the day at open and then faded as $SPY continued to rally, making new highs throughout the day. If you had bought at any point during the day and held your long exposure, you would have been profitable yesterday. That is how simple trading was.
The markets pushed from open and slowly came up to test $630. Conditions were relatively favorable, and we displayed significant confidence under $630. However, this momentum slowed down heavily as we approached resistance. We finally broke past that level and out of the resistance after lunch.
Thankfully, $SPY was able to break and hold above $630; the only difficulty is the fact that markets essentially remained at the same spot between 10:30 am EST and 4 pm EST. It genuinely was about six hours of ever so slightly higher new highs of the day hovering around $SPY $630, and remaining strong and pushing into the end of the day where we went on to make the official high of the day leading into close, ending the day with $SPY trading at $631.17, up $9.45 for the day, or up 1.5% overall.
I’ll say honestly that that was a great day to trade and provided us all with some insane opportunities to realize a significant amount of gains. So, I hope that you all were able to make the most out of the conditions yesterday, and are prepared and excited about the markets today! Conditions are going to be exciting, so let’s have some fun!
S&P 500 Heat Map - 08/04/2025
Thoughts & Comments for Today - 08/05/2025
So, going into today, market conditions are looking strong. The question is, will this trend continue?
I wish I could tell you with 100% certainty and confidence that the markets are going to move heavily in our favor, but obviously I am not a magician nor claim to be. So, we look at the market conditions accordingly and do what we can to gauge sentiment and opportunity.
At the moment, markets are looking relatively strong with $SPY being up ever so slightly during the pre-market session, and we have bounced up very nicely from the “bottom” that we saw on Friday. We are in the early stages of a market recovery, so we should be realistic with our expectations of these market conditions, but at the same time, we should remain bullish and excited about these conditions.
Do not be overly bullish and just be realistic with your expectations. I will say that these market conditions are becoming more optimistic as time goes by, but we are not out of the woods yet. The markets may be strong, but there is a significant amount of underlying volatility and uncertainty that can arise from geopolitical issues, and issues in-house.
So, despite the confidence and optimism in the markets, just remember that conditions genuinely can get significantly worse in a very short period of time. We should do what we can to make the most of these conditions, but also remember that, in light of the weakness, it paves the way for strength in the markets. This drop has caused the markets to lose some optimism on the Fear and Greed index, but markets are still extremely strong, meaning this was essentially a quick reset of the markets.
If market conditions continue to remain strong, and we get more volume to come into the markets, we can expect to reach a state of euphoric buying here in the near future, but everything needs to work out perfectly on a geopolitical level.
I will say that I am still a firm believer in these market conditions, and I do genuinely believe those who are a skittish bull will continue to prosper. That is at least my thoughts on the current conditions, especially if you are attempting to trade and allocate here in the short term.
There will be many opportunities to scalp some volatility over the next couple of days, so just continue to do what you can to maximize your profit potential and realize some gains while markets are strong.
I don’t talk about crypto too often here, but I do want to take a little bit of time to talk about my current position. At the moment, Solana has taken a quick drop over the previous week, and as a result, I ended up buying some more. I have staked 100% of the sol and do not anticipate selling it in the near future. I hate saying this, but I would prefer more liquidity; however, tying up this liquidity is great at this price. Keep your eyes on SOL, though, because I do believe that if the retail markets continue to do their thing, SOL, XRP, and DOGE are all going to be the next contenders for a large irrational breakout.
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 08/05/2025 (ET):
Trade Deficit - 8:30 AM
Services PMI - 9:45 AM
ISM Services - 10:00 AM
Notable Earnings for 08/05/2025:
Pre-Market Earnings:
Pfizer (PFE)
Caterpillar (CAT)
BP p.l.c. (BP)
Eaton Corp (ETN)
Lemonade (LMND)
Marriott International (MAR)
Duke Energy (DUK)
GALAXY DIGITAL (GLXY)
DuPont (DD)
Yum China Holdings (YUMC)
After Market Earnings:
Advanced Micro Devices (AMD)
Supermicro (SMCI)
Arista Networks (ANET)
Opendoor Technologies (OPEN)
Astera Labs (ALAB)
Snap (SNAP)
Lucid Group (LCID)
Clover Health (CLOV)
Upstart Holdings (UPST)
Rivian (RIVN)
Wrap up
Hopefully markets continue to rally and we watch as there is a significant amount of strength and confidence that comes into these market conditions. It wouldn’t surprise me if we did continue to move up, as traders are becoming more optimistic. So, just watch these conditions and do what you can to make the most outta them. There are plenty of opportunities out there, so make the most of them and have a great time!
Good luck trading, and let’s PRINT today!