HaiKhuu Daily Report - 09/23/2026
Good morning and happy Wednesday! Wow, these market conditions have been brutal, with news and headlines flying absolutely everywhere. Traders have had an extremely inconsistent time attempting to allocate in these market conditions, but hopefully everyone who’s been trading has had a wonderful time and has been able to realize some gains!
Markets are essentially neutral from close at the time of writing this report, as we are up 0.08% on $SPY, and traders are still stuck in that state of general confusion.
We have some traders who are overly bullish right now and are hoping that the markets go on, break out, and go make a new all-time high, while other traders are feeling overly bearish, either blaming the current administration or the general economy for the sentiment.
I will not say that either side is necessarily “wrong,” but at the same time, given the short-term confusion and volatility we are experiencing, it is almost hard not to be overly skeptical of these conditions and ready to see some volatility. So please, tread lightly today, and prepare accordingly for more inconsistencies.
Good luck trading today because I think we are going to need it!
The updated $SPY daily levels are as follows:
Conversion Line Support: $762.37
Baseline Support: $763.19
Psychological Support: $760
Previous All-Time High: $779.37
Daily Cloud Support: $762.09
Thoughts & Comments from Yesterday - 9/22/2026
Yesterday was a hectic and confusing time for the general markets, with so much conflicting momentum and sentiment. There were bullish and bearish opportunities as well as overall neutrality. Anyone could have printed while attempting to trade yesterday, but it was more so a matter of how you traded, where you traded, and when you attempted to trade. Hopefully everyone was able to make the most out of yesterday, and had a wonderful time!
We started yesterday with $SPY trading at $774.05. General market conditions were alright as we were slightly green, and we watched as $SPY rallied from the get-go. We went on to quickly make the official high of the day early in the morning, trading at $775.14, before starting to display some minor weakness and sell off throughout the rest of the morning. $SPY continued to trend down, where we went on and made the official low of the day, trading at $772.60, before attempting to recover into the back half of the trading day.
The entire afternoon was met with minor bullish momentum, which was great, but was short-lived. $SPY went green again for the day leading into the back half of the afternoon, and only continued to rally through powerhour, displaying a significant amount of confidence and testing the official high of the day, before the markets came crashing back down in the final 20 minutes of the day.
$SPY went on and officially ended the day trading at $773.38, meaning that we were down $0.12 overall yesterday after the market correction into close, meaning we were down 0.016% overall.
So, when I warned you all yesterday about larger-scale neutrality, this is one of those perfect examples. Anyone who traded the momentum on an intraday basis had a great time, but overall, I would say that the large majority of individuals saw that their portfolio was relatively unimpacted. Conditions could have been significantly worse if I am being completely honest, so hopefully you all were able to realize some gains following the trends and are ready for what the markets have in store for us today!
S&P 500 Heat Map - 09/22/2026
Thoughts & Comments for Today - 09/23/2026
Today is going to be a difficult day to navigate. I am going to come right out and say that, with the way the markets have been moving over the past couple of days, I will say that it is almost hard not to be skeptical of everything going on at the moment. Traders are seeing confidence as we are inching closer and closer to a new all-time high. This is a great feeling, but if I ask you this one simple question, “Why are we rallying?” and ask you to give me a strong catalyst for why we should be trading at these relative highs, many traders are not going to be able to give a good reason.
So please, continue to tread lightly in these market conditions and understand that with the short-term volatility we are seeing, markets are going to be tougher to navigate with confidence, and gains are going to become tighter and tighter as we inch closer and closer to a new all-time high.
General market conditions right now are strong; traders should continue to be confident, but given the way the markets are trending and the sentiment people are feeling, it is almost hard not to be skeptical of the momentum we are seeing and want to realize some gains at this time.
I am not saying that you should go on and sell 100% of all positions that you are in, but if you are skeptical of these conditions, do not believe we can justify this price, or feel the markets simply need to come down, this is not a bad time to realize gains on some higher beta tech organizations that you have printed on over the previous couple of days, weeks, or even months.
I was talking to one of the members of the Discord about this the other day. I do not believe that these are the market conditions that you should WANT to attempt to allocate into. It is one thing if you are attempting to scalp, but it is another thing if you are attempting to allocate long into overpriced, higher-beta tech organizations, attempting to watch as the organization continues to rally.
Just look at $NVDA. I am not saying that $NVDA is a terrible organization, but I am just saying that people are going to attempt to allocate into $NVDA here at a $5.5T market cap; what are you expecting? $NVDA to rally 100% overnight and hit a $11T market cap? Again, I am not saying you should be bearish on $NVDA, but I am saying that those who are attempting to allocate long in these market conditions today should consider the pricing and placement of these equities, and simply zoom out and take a step back to see the bigger picture.
This is not a bad time to attempt to realize some gains and hold cash, waiting for an opportunity to buy the dip. Again, I am not saying that the markets are going to come down anytime soon, nor that we are going to start a major bearish trend, but with the way that things are moving, and the pricing we are seeing in the markets, it is almost hard not to be optimistic and excited about these conditions.
Please just continue to tread lightly, practice safe risk management, and have an amazing time in the process!
One thing that I do want to say after talking about not allocating into higher-beta tech organizations. It is not that I am not a fan of these organizations. I actually believe that these organizations are going to be one of the best companies to scalp and trade at this point; I just want to clarify that my issue is with holding these organizations for an extended period of time. If you only anticipate holding $NVDA as a scalp over the next five minutes, as you believe that it is short-term oversold, you are completely fine. The issue just comes from those who are attempting to allocate into $NVDA at all-time highs, hoping that the organization is going to rally another 50-100% in a short timeframe, without understanding how unrealistic their expectations are.
So let’s just enjoy today, make the most of the momentum, and make sure that no one is fighting any trends. Life is good, and so are these market conditions, so let’s have an amazing time and 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: $AMD, $INTC, $ORCL, $PLTR, $GOOGL, $NVDA, $MU, $PLTR, $SNDK
Speculative: $PTLO, $BABA, $RIVN, $AI
Long Dividend: $JEPI
Long Investment: $PTLO, $WMT
Crypto: $MSTR, SOL, BTC
Economic News for 09/23/2026 (ET):
Manufacturing PMI - 9:45 AM
Services PMI - 9:45 AM
Notable Earnings for 09/23/2026:
Pre-Market Earnings:
Cracker Barrel Old Country (CBRL)
General Mills (GIS)
Cintas Corporation (CTAS)
Paychex (PAYX)
Pre-Market Earnings:
H.B. Fuller Company (FUL)
NeoVolta (NEOV)
Stitch Fix (SFIX)
Wrap up
This is going to be a volatile day for the general markets, with a significant amount of inconsistency. Please go into today with the mindset that markets are going to act irrationally and will be difficult to navigate until there is any form of confirmation of direction. Continue to tread lightly and practice safe risk management while attempting to navigate these conditions, and let’s just have some fun in the process. Life is good, and so are these conditions, so let’s see where the markets take us today and have an amazing time!
Good luck trading, and let’s see where $SPY takes us!