HaiKhuu Daily Report - 08/21/2025
Good morning, and happy Thursday!
Wow, this week has been whipping by as traders are experiencing heavy volatility. We have major economic news coming out both during the pre-market session today, as well as the Jackson Hole meeting starting today. Market conditions have been extremely volatile over the previous couple of days, but opportunities should only continue to present themselves to us.
Please just be careful. I am saying this as both a threat and a warning. I have seen multiple accounts getting nuked over the previous couple of days, and some traders have unfortunately not survived this volatility. It is unfortunate, but it is just a part of life and the markets. This is a warning to you that if you trade improperly in these market conditions, you can get wiped out in no time.
Understand that there is going to be confusion and volatility in these market conditions, while $SPY has continued to remain less than ideal.
Just protect your bottom line and make the most out of these conditions. Opportunities will be presented to us left and right, and it is your job to make the most of them. Many traders will generate some life-changing money today, the question is what kind of change? So look to maximize your profits, take advantage of the opportunities, and realize some gains today!
Good luck trading, and let’s see where the markets take us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $639.57
Baseline Support: $632.12
Psychological Support: $630
Psychological Resistance: $640
Daily Cloud Support: $16.08
Thoughts & Comments from Yesterday - 08/20/2025
Yesterday was an absolutely disgusting day for the markets, which was filled with instant bearish momentum, a test of the daily support levels, and an insane opportunity to buy the dip. Bears could have easily made money yesterday, bulls could have easily made money yesterday, but the gamblers and the pigs got slaughtered. I hope you all did alright yesterday, but man, was that a rough one for $INTC….
Welp, we started yesterday, opening the day at $639.36. Conditions were alright at open as we were down slightly, and went on to make the official high of the day at open trading at $639.66. After making the official high of the day, it was just game over. We watched as the markets continued to sell off and display generalized weakness throughout the entire morning, as $SPY went on to make the official low of the day at $632.95.
Thankfully, after selling off approximately $7 from the top, we watched as the markets recovered slightly towards the upside, and genuinely had a great time capitalizing on the general momentum on the way back up.
$SPY recovered from $633 back to $636 during the lunchtime lull, broke out once again before power hour, to rally again, and made a relative high towards the end of the day around $638, before officially ending the day trading at $638.11, down $1.70 for the day, or down 0.27%.
I am not saying that the market conditions of yesterday were perfect, but I will say again that opportunities were consistently amongst us. I am pleased with the way we performed yesterday. In the report, we called for a bearish open, which hit perfectly, and then we traded the bottom, scalping $SPY $635 0-DTE calls when they were OTM. So, many opportunities to trade both directions yesterday, it was just a matter of catching the momentum and direction, and genuinely having a great time in the process as a result. So, I hope you all had a wonderful time trading yesterday and are ready for a fantastic day today!!!
S&P 500 Heat Map - 08/20/2025
Thoughts & Comments for Today - 08/21/2025
So, let’s now talk about today. Given the current market setup, equities appear weak, despite some mild confidence returning to retail and the crypto markets overnight. I am optimistic, yet slightly fearful of these market conditions.
Given the current weakness and the economic news expected to impact the markets over the next couple of trading days, I advise you all to be extra cautious and to tread lightly. Many traders will struggle to navigate this volatility and may incur losses in the process. I am not trying to scare or put anyone down, but that is just the reality of these conditions.
Please make sure to practice safe risk management, scale into positions accordingly, and do not overleverage or overtrade on a day like today. I’ve seen many traders fail on days like today, and I’ve witnessed it firsthand. This is my warning to you: Be careful.
Go into today expecting to see choppy neutrality in the markets. We will not be truly neutral, but I am expecting to see some choppy market conditions that ultimately revert to neutrality while chopping kids out in both directions. We will see directional moves and momentum in the markets, but please be cautious today. I expect that once volume and volatility decrease, we will experience choppy trading in a tight range until we receive some news or a catalyst to drive momentum.
If you are attempting to trade, my recommendation would be to continue to follow market trends and momentum around open for active day trading and scalps. Find organizations that have momentum and follow the trend. Either follow the runner or short the losers.
I would stay away from option contracts at this time due to the increased uncertainty in the markets.
However, in the event of an extremely range-based consolidation with significant volatility, I highly recommend that every advanced trader capitalize on that range. Enter towards the bottom of the range long with an extremely tight stop, and short the top with an extremely tight stop. No trade by itself will generate you any sort of significant life-changing money, but if you are able to sit there and combo trade both directions and scalp consistently, you will absolutely print. So, watch out for that range to form, and tread lightly.
I have had some people ask me to discuss SOL and how to approach it, so I'd like to take a moment this morning to cover that.
SOL, as a position, I absolutely love it. I believe that it is an amazing crypto that retail has latched onto and has continued to display strength throughout the years. With the current pricing of SOL, I still believe that there is significant upside potential, where PTs can range from new ATH, to $500-1000. Still, at the same time, with the markets, the current demand of SOL, and everything all in all, you have to consider risk as a factor in your position.
So, before I say anything, I have to say that SOL like any “financial” product has risks, this is a crypto so I “legally” do not have to say this, but for everyone’s safety, just remember this is not financial advice, nor a signal to buy or sell any product, including some made up internet money.
But, with the pricing of SOL in the current market, there is two cases that I see realistically here in the short term.
Either one, SOL sells off and has a terrible time, or two, SOL takes off and never comes back.
I see a higher likelihood of situation one, or just some weird gross selling in the short term, more than I see an opportunity for SOL to break back out and be hyper bullish.
SOL is currently hovering around $185. While $180 is not a “bad” price for SOL, it is not necessarily a good one either.
I prefer SOL in the $150-160 range for a long entry and would love to add to it for a long-term position under $150. However, buying here at $185 involves a lot of underlying risks, mostly due to the current market trends. So, if you are contemplating entering, my recommendation would be to scale in slowly, mostly as markets are displaying weakness, and average in towards the bottom. Or, simply wait until I say I am personally entering, which means I am confident enough to do so at that point.
So just tread lightly if you are contemplating entering SOL, as it is on a lot of people’s radars right now!
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: $TSLA, $INTC, $NVDA
Speculative: $RIVN, $ARTL, $PTLO
Long Dividend: $JEPI
Long Investment: $INTC
Short: $BRK/B
Crypto: Sol (?) - Just watching
Economic News for 08/21/2025 (ET):
Initial Jobless Claims - 8:30 AM
Philadelphia Fed Manufacturing Survey - 8:30 AM
Services PMI - 9:45 AM
Manufacturing PMI - 9:45 AM
Existing Home Sales - 10:00 AM
Leading Economic Indicators - 10:00 AM
Notable Earnings for 08/21/2025:
Pre-Market Earnings:
Walmart (WMT)
Canadian Solar (CSIQ)
Bilibili (BILI)
SelectQuote (SLQT)
Full Truck Alliance (YMM)
ScanSource (SCSC)
After Market Earnings:
Zoom Communications (ZM)
Workday (WDAY)
Intuit (INTU)
Ross Stores (ROST)
Wrap up
Hopefully, market conditions will strengthen from here, providing us with more confidence as we head into Jackson Hole. Many traders will experience the volatility and neutrality of the day, so please enter today aware that it will be a challenge to maximize your gains under these conditions. Please be smart, please be safe, and protect your bottom line today because things can get sketchy, extremely quickly.
Good luck trading, and let’s see where markets take us today!