HaiKhuu Daily Report - 08/07/2025
Good morning, and happy Thursday!
Markets are slowly starting to move up at the moment, as news about Trump’s tariffs is starting to take effect, and it seems that we are getting towards the back end of all of this trade war talk. Conditions are looking amazing, as traders are becoming more comfortable and confident, but you’ve all heard my warnings recently about the ongoing difficulties that we may face.
So, it genuinely would not surprise me if market conditions remained confusing and complicated. Still, it genuinely would not surprise me if we saw an increase in strength and confidence today, and went on to either test or make a new all-time high.
It is tough to remain optimistic as market conditions become increasingly challenging, but just remember everything that has been said previously during rationality, and reflect on what has been said. There will always be over-selling and confusion on tough days when traders lose optimism, but as long as the US economy remains strong and we avoid an all-out international trade war, our markets will continue to reach new all-time highs.
But hey, that is just half the fun of these conditions. You’ve heard me mention this before: we just need a bit more time for this thesis to unfold. In the case this thesis works out perfectly, there is going to be almost no reason at all, in any way, shape, or form, that we should not attempt to make the most out of these conditions, and have a fantastic time!
Good luck trading today, and let’s make a NEW all-time high!
The updated $SPY daily levels are as follows:
Conversion Line Support: $629.57
Baseline Support: $627.68
Psychological Support: $620
Daily Cloud Support: $601.48
Thoughts & Comments from Yesterday 08/07/2025
Man, yesterday was a great day for the markets, but the large majority of the day was filled with absolutely disgusting momentum. If you attempted to trade the first half of the trading day, you would have had an amazing time, but if you attempted to trade once momentum died down, then it is simply game over. Traders had an amazing time, until they didn’t, and then momentum ceased to exist.
So, we started the day with $SPY opening at $629.09. Market conditions were alright as $SPY opened the day slightly green for the morning, but watched as there was a genuinely explosion of buying early in the morning where $SPY quickly went from the low of the day at $628.13, to watching the markets break out heavily, breaking above the $630 resistance level, and continually moving up. Conditions were amazing where $SPY went on to make a relative high trading right at $632.
Once $SPY was at $632, as much as I hate saying this, it was essentially game over. That occurred around Noon EST, and as bad as this sounds, there was absolutely zero momentum in the markets afterward. Traders could have easily realized significant gains early in the morning. Still, anyone attempting to trade or allocate within the final four hours of yesterday's trading day had a terrible time.
So, markets went on to make the official high of the day, trading at $633.44, before coming back down and officially ending the day trading at $632.78, trading up almost $5, or roughly 0.8%.
The market conditions honestly were not that bad yesterday; it just comes down to how, when, and where you decided to allocate. Assuming you traded like a normal individual, you would have had a good time, but if you were caught in the back half, as many traders did, then you simply have a tough time with a lack of momentum. But it is simply just life and the markets. I hope you're all ready for a continuation of strength today, as conditions look great!
S&P 500 Heat Map - 08/06/2025
Thoughts & Comments for Today - 08/07/2025
Today is setting up amazing during the pre-market session. Given the current market conditions, traders should be optimistic and excited to attempt to trade today, as $SPY may reach a new all-time high. At the time of writing this report, $SPY is roughly $3 away from the previous all-time high, and that can easily happen in a short period of time, as we are less than 0.5% away from a NEW all-time high.
So, regardless of how confident and optimistic everyone is, I want to start by saying please be smart and safe if you are attempting to allocate in these conditions. Given the current confusion, it's not surprising that the markets could break out, leading to significantly more confidence and opportunities. However, I must always warn you about the ongoing risks of these conditions, and where the markets could just face plant into the concrete. So make sure to practice safe risk management and not overtrade today. I do want to warn that we saw throughout the entirety of last week that we saw extreme bullish momentum prior to open, to watch as the markets sell off. So, hopefully that is not the case or issue, just be warned for today.
But, now with all of that said, we can start to be hyper-optimistic again about these conditions
Assuming we don’t sell off, markets will be extremely bullish, driven by traders' optimism and excitement to trade and allocate into the markets today.
Look to follow the general momentum of the markets and follow the trends. If an organization appears strong and has momentum, it should continue to hold onto it and capitalize on the opportunities provided in these market conditions. Everyone should have access to great opportunities overall, with traders consistently presented with opportunities, so make the most out of those conditions.
Hopefully you all were able to buy some SOL at the discount yesterday, I am still not the biggest fan of cryptocurrencies as they havent moved back heavily in my favor, but with the way the markets are trending and the strength we are seeing flooding back into crypto over night, we should keep our eyes on all of these alternate assets as they have the highest likihood of a breakout in a short period of time.
Just continue to find hidden gems in these market conditions that you can trade and capitalize on with strength, and continue to hold your strong equities. Assuming that markets only continue to get better from here, we should genuinely have no problem seeing $SPY push towards $700 by the end of the year. If things get irrational as a result of solid trade deal talks, $750 is within the realm of possibility.
So, stew on these market conditions, make some smart decisions, and just tread extremely lightly. These conditions are going to be great, so let’s have some fun and realize some gains 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:
$SPY, $JEPI, $INTC, SOL, $RIVN, $TSLA, $NVDA, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 08/07/2025 (ET):
Initial Jobless Claims - 8:30 AM
U.S. Productivity - 8:30 AM
Wholesale Inventories - 10:00 AM
Fed President Raphael Bostic Speech - 10:00 AM
Consumer Credit - 3:00 PM
Notable Earnings for 08/07/2025:
Pre-Market Earnings:
D-Wave Quantum (QBTS)
Eli Lilly & Co (LLY)
ConocoPhillips (COP)
Establishment Labs (ESTA)
Targa Resources (TRGP)
Vistra Energy (VST)
Sony Group Corporation (SONY)
Kenvue (KVUE)
Warner Bros Discovery (WBD)
Parker-Hannifin (PH)
After Market Earnings:
Trade Desk (TTD)
Rocket Lab USA (RKLB)
SoundHound AI (SOUN)
Block (XYZ)
Atlassian (TEAM)
Gilead Sciences (GILD)
Yelp (YELP)
Live Nation Entertainment (LYV)
Flutter Entertainment (FLUT)
Microchip Technology (MCHP)
Wrap up
Hopefully, market conditions continue to remain extremely strong and provide us with the continued strength to watch us break out and make a NEW all-time high. As always, be skeptical, keep your fists up, and tread lightly, but know that going into today, conditions are looking significantly better and that I genuinely am more comfortable and confident in these conditions now, in comparison to earlier this week. So, let’s make the most out of today, and realize a significant amount of gains!!!
Good luck trading, and let’s make a NEW ALL-TIME HIGH!!!