HaiKhuu Daily Report - 08/20/2026
Good morning and happy Thursday! Man, what a week this has been so far. We’ve had four red trading days in a row, and hopefully this is the combo breaker that gets the markets moving back up!
Markets are down ever so slightly at the time of writing this report, but general market conditions are strengthening extremely quickly. General market conditions are overly strong, and traders are absolutely killing it in these market conditions. Crypto is moving up, and traders are becoming more confident in the short term.
I’ll talk more about general sentiment later in the full report, but know that leading into today, market conditions are stronger and traders are ready for another breakout. Hopefully everything plays out perfectly, and markets continue to move up, so please practice safe risk management and remain solvent while these market conditions are irrational and difficult to navigate.
Let’s have an amazing time and see where the markets take us.
Good luck trading today, and let’s absolutely print!
The updated $SPY daily levels are as follows:
Conversion Line Support: $733.14
Baseline Support: $754.24
Psychological Support: $760
Previous All-Time High: $779.37
Daily Cloud Support: $742.05
Thoughts & Comments from Yesterday - 8/19/2026
Yesterday was a relatively confusing day for the general markets. If it comes down to it, it was pretty much a neutral overall day, but there were some absolutely insane movements that occurred overall. We watched $MRNA rip 180%, and traders across the board could have changed their lives yesterday. Hopefully you all were able to capitalize on the short-term momentum and volatility of the markets, and realize some gains because that was a fun time!
We started yesterday with $SPY trading at $770.30. Market conditions were alright: we were slightly green at the open, then watched as markets pretty much just continually chopped around all day. Right from open, we watched as the markets dropped quickly, before bouncing back up, before coming back down, before bouncing back up, and getting back right to the open price, all within the first hour and change of the day.
Once we got past that neutrality of the morning, we watched as $SPY quickly rallied and went on to make the official high of the day, trading at $772.46, leading into the lunchtime lull, and dropped back down to $770 during the lull. We did see a slight pop leading into the afternoon session where $SPY attempted to break back above $772, but unfortunately came right back down and sold off, leading into the neutrality in the afternoon. We continued to watch as $SPY remained neutral around $770 the rest of the afternoon before dropping slightly leading into close, where we made the official low of the day trading at $768.11, before bouncing back up slightly and officially ending the day with $SPY trading at $769.06, up roughly $2 for the day, or up 0.2% overall.
So what I will say about the market conditions of yesterday is that conditions were difficult to navigate, but given the general market conditions, I hope that you all were able to have some fun and realize some gains. We found some great scalping opportunities, and anyone who simply FOMO’ed into $MRNA and sold on an intraday basis, pretty much at any time, should have been able to realize a significant amount of gains. But hey, it is simply life. I hope you all had a lot of fun and were able to realize some gains yesterday, and I hope you all are ready for the confusion leading into today!
S&P 500 Heat Map - 08/19/2026
Thoughts & Comments for Today - 08/20/2026
Today is going to be a spicy day for the general markets. We are seeing confidence flooding back into the cryptocurrency space, which is an amazing sign for the general markets. Money is being deployed, traders are starting to become less fearful of these market conditions, and we are starting to find rationality in the irrationality of these levels.
I am not saying that you should all attempt to go all-in in these market conditions, but as we have been saying over the previous couple of weeks, market conditions are strong, and the traders who think otherwise are weak. We are at all-time highs in the markets, regardless of your opinions on the markets, the current political system, or the state of the economy.
Leading into today, I will say that I am more comfortable and confident with the short term momentum of the markets, and I genuinely believe that these market conditions are going to provide us all with some great opportunities to trade and realize some gains. If you are not looking to actively capitalize on the short term momentum that is provided to us in these market conditions, what are you trying to do?
So, I am not saying that the markets are going to absolutely rip from this level, there are many resistance levels and justifications necessary for us to break out, but this is one of those situations where the first domino’s have fallen, now it is a question of how perfectly is everything going to work out and are we going to be able to capitalize on the short term momentum.
If you are looking to scalp and daytrade today, a couple of great organizations to look towards are going to be those higher beta chip organizations we’ve talked about a lot recently and as weird as this sounds, all of the crypto plays.
We were talking about $MSTR for a while when it was trading at $90~ a share, and I brought it up yesterday during the pre-market session when it was $90 a share, we looked away for a little bit, and $MSTR decided to rip 13% yesterday, and is up another 10% during the pre-market session. So, I am not saying that crypto is going to continue to remain strong, but many of these crypto, and crypto miner names have rallied stupid hard. Look for opportunities to capitalize on the short term momentum, and do everything you can in the short term to realize some gains.
Regardless of everything though, just please make sure to follow the general market momentum. I am nervous that we will see a continuation of neutrality on the indexes, while we watch as single names start to become overly volatile. Please, practice safe risk management, and just enjoy the opportunities presented to us. There is so much strength and confidence in the markets at the moment that realistically, the markets SHOULD move up, but if they do or not is going to be the real question. So just tread lightly and have some fun today.
Also - Congrats to anyone who bought into Solana with us when we were talking about it in the $60-70 range, we’ve been talking about it for a while now saying that all it needed was a couple of strong movements and Solana would bounce back up, well SOL is back at $87 at the time of writing this report, and hopefully it continues to move up. If you want to sell your SOL, feel free, if you want to continue to stake it and hold your position and get double paid at the moment, also not a terrible idea. But regardless, enjoy ladies and gents, happy this one is working out!
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: $ORCL, $TSLA, $SPCX, $SNDK, $NVDA, $MU, $AMD, $INTC
Speculative: $PTLO, $AIFF , $RIVN, $MRNA*
Long Dividend: $JEPI
Long Investment: $PTLO
Crypto: $MSTR, SOL, BTC
Economic News for 08/20/2026 (ET):
Initial Jobless Claims - 8:30 AM
Philadelphia Fed Manufacturing Survey - 8:30 AM
Notable Earnings for 08/20/2026:
Pre-Market Earnings:
Walmart (WMT)
Alibaba Group (BABA)
Advance Auto Parts (AAP)
Atour Lifestyle (ATAT)
Deere & Company (DE)
LSI Industries (LYTS)
NetEase (NTES)
ATRenew (RERE)
Futu Holdings (FUTU)
After Market Earnings:
Ross Stores (ROST)
Flowers Foods (FLO)
Wrap up
This is going to be a spicy day for the general markets. There is a chance that we break out, mostly with the confidence in the water, so please continue to tread lightly, practice safe risk management, and enjoy the volatility we are going to experience here in the short term. I am very excited to see where the markets take us, so let’s realize some gains and have an amazing time!
Good luck trading, and let’s see where the markets take us!