HaiKhuu Daily Report - 10/07/2026

Good morning and happy Wednesday! Wow, already halfway through the week and super excited about today! We just made a new all-time high and need to prepare accordingly for FOMC minutes to be released today! Markets should not be too volatile as a result of minutes being released later today, but with the way that everything is trending and the sentiment of traders, it is going to be hard not to be optimistic today.

Please continue to tread lightly and practice risk management in these conditions, but continue to maximize your profit potential. There are opportunities across the board to actively trade and realize some gains; now it is a matter of following the momentum, making strong trades, and printing some life-changing money.

I am not saying that you should be dumb and do something irrational in these conditions, but with the way that everything is moving, it is almost hard not to be optimistic leading into today.

Be excited, make some money, and have a great time!

Good luck trading today, and let’s realize some gains!

The updated $SPY daily levels are as follows:
Conversion Line Support: $770.21
Baseline Support: $765.61
Psychological Support: $770
Previous All-Time High: $781.82
Daily Cloud Support: $761.45

Thoughts & Comments from Yesterday - 10/06/2026

Yesterday was an amazing day for the markets. Regardless of your sentiment, direction, or allocations, $SPY went on and made a new all-time high, and as bad as this sounds, that is all that matters. We had a wonderful day filled with beautiful momentum, and opportunities to realize a significant amount of gains in a short period of time. We had traders generate hundreds of thousands of dollars, if not millions of dollars, yesterday, and I hope you all had a great time!

We started yesterday with $SPY opening beautifully green, trading at $778.18; we were approximately a dollar away from making a new all-time high on $SPY. Markets rallied from the get-go, and within the first hour of the day, we watched as $SPY went on and made a new all-time high, breaking above the $780 resistance point and looking amazing. That news was short-lived as we quickly dropped from the top, but thankfully recovered once again leading into the lunchtime lull. Market conditions at the top were beautiful as $SPY went on and made the official high of the day, trading at $781.61, which was the official all-time high, and unfortunately came back down throughout the entire afternoon.

The momentum in the first half of the day was amazing for everyone (except the bears), and the afternoon was slow and mild for everyone in general. Anyone who attempted to short the top had an opportunity to ride some momentum in the afternoon, but the bearish move from the top was nothing of any major significance.

We went on and watched as $SPY ended the day trading at $779.09, meaning $SPY was up 0.55% for the day, or up roughly $4 overall.

What I will say is that, again, with the way the markets moved and the sentiment that everyone felt, it was almost hard not to be overly optimistic yesterday. Hopefully you all were able to realize some gains in the process of yesterday and enjoyed some beautiful bullish momentum. Today will be another interesting day for the markets, so please make sure to make the most of these conditions and prepare accordingly to realize some gains!!!

S&P 500 Heat Map - 10/06/2026

Thoughts & Comments for Today - 10/07/2026

Today is going to be another amazing day for the general markets. With the confidence that traders are experiencing at the moment and the sentiment of the markets, it is almost hard not to be optimistic leading into today. We have FOMC minutes, which should not heavily impact the markets, but the sentiment-driven moves will be hard to navigate.

With the current placement of the markets, I am telling you right now that you should be extremely skeptical and hesitant, mostly if you are attempting to allocate long at this point. $SPY is currently trading at a new all-time high. I am not saying that the markets cannot continue to move up, but with the way that everything is priced, I would say that it is almost hard not to be skeptical.

Organizations in my opinion at this level are heavily overpriced. I am not saying that the markets cannot continue to move up, but I just think that realistically, with the way that everything is trending, it is going to be hard to be blindly bullish from this point. Just think about this conceptually. If you find a small organization with a $20M market cap, it will be difficult for them to have justification to rally 100%, but at the same time, it is not “impossible”. For someone to invest in an organization like $NVDA right now, you need a $5.5T increase in market cap for that same 100% return.

Again, I am not saying that $NVDA cannot break $5.5T and move up, but realistically, expecting to invest in equities at this level and paying a premium to enter is going to be extremely difficult and inconsistent.

So if you are attempting to enter into any positions right now, here are my recommendations:

For the large majority, scalping and day trading are going to be the best way to retain market exposure. Simply purchase organizations that are trending in your direction, allocate with confidence, and simply ride the momentum. Either look for a sign of a reversal after a large directional move, or simply follow the trend. Easier said than done, but easier done than the majority of strategies out there.

For those who want to INVEST in the markets. I will say that I do not believe this is necessarily the best time to do that. Yes, again, you can make money here in the short term, but if you are ready to hold a position for 10+ years, why not wait 3-6 months for a market correction for you to be able to capitalize on and allocate at a better price. Unless an organization you are watching has recently sold off, I do believe that the large majority of the tech sector at the moment is heavily overpriced.

If you are already invested in organizations that have rallied extremely hard, again this is not a signal to sell anything as $SPY is literally at an all-time high right now, but consider taking some profit off the table and realizing some gains. This is not going to be the sexiest of opportunities, but it is something that you should consider in these conditions, mostly with this pricing.

These are all just things to consider, because again, I am not saying that the markets are going to crash anytime soon, but realistically, with the way that everything is trending and the sentiment in the air, it is almost hard not to be realistic about your expectations. This is not preparing for today and tomorrow, but realistically is just predicting what is going to happen in the future.

Just make the most out of today, and just enjoy the opportunities presented. Life is good, and so are these market conditions, so let’s realize some gains and have an amazing time!!!!

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:$SPCX, $ORCL, $NVDA, $SNDK, $INTC, $MU, $NVDA, $TSLA, $AMD

• Speculative: $PTLO, $BABA, $RIVN, $AI

• Long Dividend: $JEPI / $JEPQ

• Long Investment: $PTLO, $WMT

• Crypto: $MSTR, SOL, BTC

Economic News for 10/07/2026 (ET):

• Federal Open Market Committee Meeting Minutes - 2:00 PM

• Consumer Credit -3:00 PM

Notable Earnings for 10/07/2026:

Pre-Market Earnings:

• No Earnings Scheduled

Pre-Market Earnings:

• Applied Digital Corporation (APLD)

• Levi Strauss & Co (LEVI)

• Richardson Electronics (RELL)

• Resources Connection, Inc. (RGP)

Wrap up

This is going to be a fun day for the markets. With the sentiment traders are feeling across the board, it is almost hard not to be overly optimistic leading into today. We made a new all-time high, have FOMC minutes to be released, and traders are excited. Please continue to prepare accordingly for the day, and let’s have an amazing time in the process!

Good luck trading, and hopefully we will see another new high today!