HaiKhuu Daily Report - 09/10/2026

Good morning and happy Thursday! Man, I told you all this week was going to fly by, and man, has this been CRAZY! Markets are up ever so slightly at the time of writing this report, but given the current conditions of the markets, I am going to say that things are less than ideal. We are still at a point of larger-scale strength in the markets, but I am extremely skeptical in the short term of what the markets are able to do.

These conditions, in my opinion, are less than ideal, and we are still seeing short-term weakness.

Please, if you are attempting to scalp or trade today, be extremely careful. Many traders are going to realize significant losses as a result of the ongoing volatility, and conditions are not going to be easy to trade. I’ll talk more about the difficulties later on in the report, but just know for now that the uncertainty in the markets is what makes navigating these conditions difficult.

Until there is justification for a reversal and rally, please continue to tread lightly and practice safe risk management.

Let’s see where $SPY decides to take us today, and hopefully this selling ends soon!

The updated $SPY daily levels are as follows:
Conversion Line Support: $767.39
Baseline Support: $769.42
Psychological Support: $760
Previous All-Time High: $779.37
Daily Cloud Support: $740.71

Thoughts & Comments from Yesterday - 09/09/2026

Yesterday was an absolutely disgusting day for the general markets. We warned that there would be weakness and neutrality, and that is exactly what we got. The selling overall was not of any major significance, but anyone who watched the markets and attempted to scalp had an absolutely tough time in the process and most likely did not realize any gains. Hopefully no major losses were generated yesterday, but man, that was a ROUGH time.

We started the day with $SPY trading at $764.08, down roughly $2 from the previous close. Conditions were gross and relatively neutral throughout the first two hours of the day, and then we watched as $SPY quickly dropped leading into the lunchtime lull, making the official low of the day trading at $760.99. The burn for hours was disgusting, the selling was mild, and the traders were less than optimistic.

Markets bounced back slightly leading into the early afternoon, where $SPY went on and hit the $763~ range during the recovery. We continued to chop around $763 throughout the entire afternoon, displaying less than ideal circumstances, and watched as we dropped once again leading into close, where we officially ended the day at $762.40, meaning $SPY was down about 0.5% overall, but down only about $1.50 from the open price.

As much as I would love to go in depth talking about the insane opportunities presented to us yesterday, it was one of those days where we were able to almost perfectly predict early in the morning that it was going to be a tough time, and I genuinely hate that the prediction came true. The neutrality made trading extremely inconsistent. Hopefully market conditions are better today, but man, this is going to be ROUGH.

S&P 500 Heat Map - 09/09/2026

Thoughts & Comments for Today - 09/10/2026

Today is shaping up to be another rough one for the general markets. We saw some minor bullish momentum during the pre-market session, but it is nothing of any major concern and will be 100% adjusted by the time that economic news drops during the pre-market session. Life is good, but these market conditions are starting to get rough.

Before I start talking about my sentiment in the markets, I just want to start by talking about some of the placement issues I am seeing in the markets at the moment.

With the selling that occurred yesterday, if you look at the daily chart, $SPY has now officially created a weak bearish TK crossunder. This is the first of major signs of weakness necessary for us to become skeptical, but not enough to become overly bearish. We have broken below both the conversion line and baseline on the daily, and are starting to display more weakness as a result. Obviously, this is less than ideal, and is now three points of contention when looking at these markets.

I am not saying that this is it for the markets, nor that we are about to come crashing down, but we have remained in this consolidation for a long time at this point, and traders are genuinely going to have a difficult time attempting to navigate this volatility here in the short term. Obviously, I want the markets to move up and have a reason to break out, but with what is being presented to us today, I genuinely do not know at this point what is possible and where the markets will take us.

We can easily continue to sell off under the assumption that there is no shift in general market sentiment, bearish news, or any good reason for the markets to quickly drop. Traders are starting to become scared and are back in fear on the fear and greed index. This is obviously not a good sign for the markets.

So, with the way that everything is currently shaping up, it is essential that you all continue to practice basic risk management in these conditions. Hope for the best, but prepare accordingly for the worst.

Obviously, I want the markets to move up from this point, but this is now getting to the point where I do need to start to warn you about these market conditions and what is fair to expect in the short term. Hopefully the markets decide to break out from this point and display more confidence in the short term, but given the market conditions and sentiment in the water, it is hard to be overly optimistic.

Make sure that you are treading lightly and practicing safe risk management in these conditions, as conditions will only continue to display inconsistencies over the next couple of days.

Hopefully there is a large irrational directional breakout in the near future, but for now, protect your bottom line and see where the markets decide to take us!

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 09/10/2026 (ET):

• Weekly Jobless Claims - 8:30 AM

• PPI - 8:30 AM

• Monthly Wholesale Trade - 10:00 AM

• Existing Home Sales - 10:00 AM

Notable Earnings for 09/10/2026:

Pre-Market Earnings:

• 1-800-FLOWERS.COM (FLWS)

• Caleres (CAL)

• Macy's (M)

• Designer Brands (DBI)

• MasterCraft Boat Holdings (MCFT)

• The Lovesac Company (LOVE)

• Shoe Station Group (SHOE)

After Market Earnings:

• Adobe (ADBE)

• Descartes Systems Group (DSGX)

• Alliance Entertainment (AENT)

• Reformation (REF)

• Zumiez (ZUMZ)

Wrap up

These market conditions are going to be extremely difficult to navigate and extremely inconsistent. Hopefully the markets decide to irrationally break out today, but given the conditions and the sentiment traders are feeling, it is almost hard to be extremely optimistic leading into today. Do everything in your power to maximize your profit potential, and make sure to minimize your risks. This is going to be a sketchy day, so I hope that this selling does not continue and that we see a beautiful recovery!

Good luck trading; we might need it!