HaiKhuu Daily Report - 08/05/2026
Good morning and happy Wednesday! This week has absolutely FLOWN by, and I hope you all are ready for another absolutely insane day for the markets. We are making new all-time highs and bullish momentum.
We are experiencing significant strength and bullish momentum in the markets, and there is no sign of stopping. As crazy as this sounds, we might see $SPY $780 today. Please continue to follow the momentum and do everything in your power to maximize your profit potential.
I’ve been saying to take on some risk; I recommend you continue to do so in these conditions, but please make sure you are allocating properly. Make smart decisions, and take on risk at this level. As long as you are following the momentum, it will be almost hard to lose.
This is going to be an amazing time with the markets trending the way they are, so let’s enjoy the opportunities and realize some gains today!
Good luck trading, and let’s see how crazy the markets are today!
The updated $SPY daily levels are as follows:
Conversion Line Support: $751.25
Baseline Support: $751.25
Psychological Support: $760
Previous All-Time High: $773.41
Daily Cloud Support: $737.56
Thoughts & Comments from Yesterday - 08/04/2026
Yesterday was an absolutely insane time for the general markets, with a significant amount of strength and confidence displayed. We made new all-time highs, and conditions were absolutely beautiful. Anyone and everyone could have easily realized significant gains in the process, and hopefully you all were able to kill it yesterday.
So, yesterday started off with $SPY trading at $760.53; markets were green, we were optimistic, and we opened at a new all-time high. It was almost hard not to be skeptical yet optimistic leading into the day, and we watched as the markets essentially continued to make new all-time highs throughout the day, making yesterday an almost perfect day for the markets.
Within the first hour or so of the day, we watched as $SPY went on and made a new high, trading at $765, and then we watched as $SPY trended towards $770 leading into the lunchtime lull. Everything was perfect, and momentum never slowed down as we pumped beautifully into the afternoon, continually making new high after new high.
In the afternoon, markets only continued to remain bullish as we saw a continued sustained pop in the markets which resulted in us making the official high of the day trading at $773.40, before watching as the markets come back down slightly leading into close, where we officially ended the day with $SPY trading at $771.33, up approximately 2% for the day, or up roughly $14 overall.
What I will say about yesterday is that it was almost hard not to have an amazing time. Everything was beautifully bullish, markets were amazing, and we were all provided with some insane opportunities to realize some gains. Life is good, and so are these market conditions. I love and appreciate each and every one of you and hope you all made the most out of yesterday. Congrats once again to everyone for surviving long enough to watch as the markets made a new all-time high, and I hope you all are ready for it to happen again today!
S&P 500 Heat Map - 08/04/2026
Thoughts & Comments for Today - 08/05/2026
Today is going to be an absolutely insane day for the general markets. With the strength and confidence in the markets right now, it is hard not to be optimistic yet skeptical of these market conditions. Please, whatever you do today, make sure that you are not fighting any momentum or trends. We are seeing new all-time highs in the markets, and we can easily continue this trend. If we get any sort of good news, we can easily watch as the markets continue to rally from this level.
I am extremely skeptical of this level and I do not believe there is justification for the levels that we are at, at the moment, but at the same time, with the opportunities presented to us consistently across the board, I do believe that in reality, these market conditions are going to be amazing and provide us with great opportunities to realize gains on strong positions and scalp the short term momentum.
If you are attempting to trade today, I would typically say look for more of the deep value in the markets with these higher beta chip stocks that have been sold off, but with the motion we’ve seen, a lot of those chip stocks have fully recovered by this point and it looks like they are back in “fair value”. I mean we are seeing organizations like $SNDK trade at $1,000 last week, and is up 40% from then, and $ORCL, is up almost 30% during the same time.
Hopefully you all listened to my recommendations when I was consistently shilling an $ORCL long position, but at the same time, with the opportunities presented to us, I genuinely do not see a reason why we cannot continue to print.
If there are any organizations I am interested in allocating into today, they will be $AMD and $SPCX. I do not know how much scalping I am going to do of either organization, but I believe that there will be great opportunities to allocate in either organization today. Both had earnings yesterday, and both have come down. $AMD had great news and is down, while $SPCX had tough news and is down.
If I were to pick one of those two organizations to scalp, I would 100% pick $AMD to attempt to buy the dip quickly, but at the same time, if you are attempting to trade momentum, $SPCX is going to be a great scalp.
I still believe that $SPCX is heavily overvalued and has a lot more downside potential in the short term, but I believe that on an intraday basis today, bears are going to have an amazing opportunity, and then the bullish or the risky are going to have an amazing opportunity to buy the dip at the bottom when things are oversold. I don’t know when and where the reversal is going to happen, but at the same time, with the way the markets are going, it is almost hard not to be optimistic to try and trade some of these more volatile tech stocks.
So please, just make sure that you are practicing safe risk management. Limit your downside risk, allocate into the markets properly, and do everything in your power to increase your profit potential. These are the conditions everyone talks about when people print $. We are at all-time highs, and this is the best market we’ve seen in our lives. Make the most out of it, and let’s absolutely kill it today!
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: $AMD, $SPCX, $TSLA, $ORCL, $INTC, $MU, $SNDK, $NVDA
Speculative: $PTLO, $AIFF , $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 08/05/2026 (ET):
ADP Employment - 8:30 AM
Services PMI - 9:45 AM
ISM Services - 10:00 AM
Notable Earnings for 08/05/2026:
Pre-Market Earnings:
Eli Lilly & Co (LLY)
Shopify (SHOP)
Uber Technologies (UBER)
Walt Disney (DIS)
Circle Internet Group (CRCL)
Unity (U)
Bloomin Brands (BLMN)
Adient (ADNT)
Brink's Company (BCO)
Galaxy Digital (GLXY)
After Market Earnings:
SanDisk (SNDK)
AppLovin (APP)
Western Digital (WDC)
e.l.f. Beauty (ELF)
TTM Technologies (TTMI)
MercadoLibre (MELI)
Axon Enterprise (AXON)
Albemarle (ALB)
Dutch Bros (BROS)
Beyond Meat (BYND)
Wrap up
This is going to be an amazing day for the markets. I hope that you all are ready and prepared for some more volatility and strong market momentum. Life is good, and so are these market conditions. Please make sure not to fight any trends, and practice safe risk management. There is no reason we all cannot sit back and realize significant gains, so do exactly that, and let’s have a great time!
Good luck trading, and let’s see who prints the hardest today!