HaiKhuu Daily Report - 09/03/2026
Good morning and happy Thursday! Man, this week has been difficult to navigate, but thankfully market conditions aren’t looking the worst leading into today! $SPY is looking alright as we are only down slightly at the time of writing this report, and it appears that we want to continue to display neutrality at this level, as well as test the daily conversion line resistance.
Markets are still strong, mostly leading into a day like today, and given the sentiment in the markets, it is almost hard not to remain optimistic.
We have come down perspectively from the top as market conditions have weakened slightly, but given the overall placement, this is just a reminder that market conditions are strong, and traders should have skeptical optimism. We are currently less than 2% away from making a new all-time high in the markets, so just because the intraday momentum has been tough to navigate, do not forget that these conditions are strong, and that opportunities to scalp and trade on an intraday basis are consistent. So please, go on and do everything in your power to realize some gains in the short term.
This is going to be a hectic day for everyone involved, so please continue to tread lightly, practice risk management, and have an amazing time!!!
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $767.39
Baseline Support: $754.24
Psychological Support: $760
Previous All-Time High: $779.64
Daily Cloud Support: $740.49
Thoughts & Comments from Yesterday - 09/02/2026
Yesterday was a beautiful day for the general markets despite it being a tough intraday for those attempting to scalp. There was strong bullish momentum early in the morning and weak neutrality throughout the rest of the trading day. Obviously, things were less than ideal, but given the market conditions and sentiment in the water, many traders were able to realize some gains in a short period of time. Hopefully you all were able to catch some great scalps on an intraday basis, and capitalized on the early morning momentum!
We started yesterday with $SPY opening at $762.46. General market conditions were mild at open but quickly strengthened from the get-go. We made the official low of the day early on, trading at $761.74, and watched as $SPY quickly rallied back to that $765 range and made the official high of the day, trading at $766.42. Market conditions at the top were amazing yet extremely short-lived.
We bounced that $766 range a little bit before the markets started to come down and display more short-term weakness. We joked early in the morning that the markets were going to rally to the conversion line resistance, and then watch as there was generalized neutrality at $765, and conditions essentially remained that way throughout the rest of the day.
There were mild opportunities to scalp during the neutrality, but overall, mostly if you were attempting to scalp the indexes, market conditions continued to remain less than ideal, and chopped around a tiny range.
Markets really did not move in the entire back half of the afternoon, and we ended the day with $SPY trading at $765.16, meaning $SPY was up 0.44%, or up roughly $3.50 overall.
What I will say about yesterday is that market conditions were less than ideal, but given the opportunities presented to us to scalp, anyone and everyone could have had some fun attempting to scalp some of those single-name stocks that were made available to us! There were opportunities to scalp, and multiple entries were alerted yesterday, so hey. Hopefully market conditions continue to strengthen, and we'll watch as we are provided with some great opportunities, but until then, we gotta sit back, relax, and enjoy!
S&P 500 Heat Map - 09/02/2026
Thoughts & Comments for Today - 09/03/2026
Today is going to be another tough day for the general markets. With the strength we are experiencing in the overall markets, that has led to short-term neutrality on a larger scale. I’ve been warning you about large movements which are followed by neutrality, and today is going to be another one of those days with one of those types of warnings.
I am not attempting to scare anyone or get them to be bearish, but understand that here in the short term, we are seeing weakness on a smaller scale while markets continue to remain strong on a larger timeframe. Please continue to tread lightly on the volatility we are experiencing right now, and make sure to tread extremely lightly. General market conditions are strong; traders should remain confident and understand that opportunities will be everywhere.
The biggest concern leading into today is going to be attempting to scalp neutrality. Unless there is direction and/or momentum you can capitalize on, I genuinely believe that the large majority of traders are going to get caught in an aggressive cycle of attempting to scalp neutrality on a larger scale.
In the case that there is that type of neutrality in the markets, my best advice to you all is to simply not trade.
Obviously, that is not the “best” advice there is out there, but I would say for the large majority of individuals, that is going to be some of the best advice they hear. I would rather you guys do nothing than attempt to scalp some neutrality and realize consistent losses or overtrade as a result.
Again, I am not attempting to call anyone out or make anyone feel bad, but that is simply just a part of trading at this point in time. That neutrality is going to chop many traders out, the theta burn is going to hurt, and traders are going to realize losses as a result of the short-term momentum. So if there is anything that you guys can do in the short term to minimize those losses, you should be doing them!
For myself, I do plan on actively scalping and trading today where possible, and I will be looking to trade some of these higher beta tech organizations I’ve been talking about for a while.
One interesting play that I did start yesterday is a bearish allocation on $MSTR. This is a small bearish play as I purchased the September monthly $122P. I believe that the organization here in the short term is “overvalued” as a result of BTC rallying in the way that it has. I am not saying that there is no more upside potential in the crypto markets, but I genuinely believe that we are seeing some short term strength that is not justified, and I believe that realistically, the price of BTC is going to continue to drop until there is a catalyst and reason for it to move up, and until that point, we are going to sit back and honestly just wait until there is a shift in the general market sentiment. I believe that BTC is going to drop back below $75k, then have a tough time trading between $65-72k in the short term. If BTC decides to drop back down to $65k~, then MSTR is going to be trading around $80-90 a share again.
I don’t believe that this position itself is going to generate any type of life-changing money, but given the conditions of the markets and the sentiment of everyone involved, I believe crypto is going to come down, and these puts, assuming they work out perfectly, should rally. But hey, regardless of everything, as long as we all continue to remain solvent in the short term and allocate with confidence, we are going to have an amazing time, and we should all be able to realize some gains!
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: $NVDA, $ORCL, $TSLA, $SPCX, $SNDK, $MU, $AMD, $INTC
Speculative: $PTLO, $BABA, $RIVN, $DKS
Long Dividend: $JEPI
Long Investment: $PTLO, $WMT
Crypto: $MSTR, SOL, BTC
Economic News for 09/03/2026 (ET):
U.S. Trade Balance - 8:30 AM
Weekly Jobless Claims - 8:30 AM
Services PMI - 9:45 AM
Notable Earnings for 09/03/2026:
Pre-Market Earnings:
Ciena Corporation (CIEN)
Victoria's Secret & Co (VSXY)
The Campbell's Company (CPB)
Duluth Holdings (DLTH)
BRP Inc. (DOO)
Genesco Inc. (GCO)
Lands' End (LE)
The Toro Company (TTC)
After Market Earnings:
Ambarella, Inc. (AMBA)
UiPath (PATH)
Docusign (DOCU)
Zscaler (ZS)
lululemon athletica (LULU)
American Outdoor Brands (AOUT)
Samsara Inc. (IOT)
Guidewire Software (GWRE)
Wrap up
This is going to be a spicy day for the general markets with some confusion, neutrality, and difficult conditions to navigate. Hope that there is a directional move that we can all easily capitalize on, while also continuing to provide short-term solvency. Please just tread lightly on the short-term volatility we are experiencing, and understand that if we experience larger-scale neutrality, conditions are going to be less than ideal. So please, make the most out of today, and realize some gains!
Good luck trading, and let’s see another breakout in the markets!