HaiKhuu Daily Report - 10/08/2025
Good morning, and happy Tuesday! Man, markets are looking extremely confused at the moment, and I hope you are ready for some excitement. Gold has just hit a new all-time high, meaning that the level of uncertainty that has been driven, and the demand for the metal has increased so heavily over the previous couple of months that YTD, Gold is up 52%.
Congrats to anyone who is holding any physical gold or gold-tied equities. You should be sitting pretty, but just know that for anyone else, an increase in the price of gold, while the markets are continually moving up, is not a good sign. That means that traders are continuing to deploy capital into alternative locations like physical precious metals. I do not necessarily believe that any of this is incorrect or a bad investment, but just know that typically in conditions where safety goes up heavily, like Gold has, that means there is uncertainty in the conditions, and that we should all be skeptical not only of these market conditions, but also about what is looming in the distance.
I’ve brought this up before, and I will bring it up again, the uncertainty and fears that I have in these market conditions. I am not nervous about the markets falling; I am not nervous about where the markets take us from here. The only thing I am genuinely nervous about is people’s ability to navigate this short-term confusion and difficult condition. I’ll talk more about it later on in the report, but for now….
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $663.70
Baseline Support: $653.95
Psychological Support: $660
Daily Cloud Support: $637.80
Thoughts & Comments from Yesterday - 10/07/2025
Yesterday was, in my opinion, a truly dreadful day for the markets. It is almost as if we were able to predict that market conditions would be tough and slow, and who would have expected that the markets would remain slow and sluggish? Hopefully, you all were able to get out of yesterday relatively unscathed and realized some gains in the process!
So we started the day with $SPY opening at $672.56. Market conditions were great at open as we watched $SPY rally and go on and make a NEW official all-time high trading at $672.99, looking strong at the top, until conditions worsened and weakened after the first six minutes of the day. We then watched as $SPY continued to fall throughout the morning, officially going red for the day within the first hour or so, and continued to drop until lunch, when $SPY hit its official low of the day, trading at $667.68. Conditions at the bottom were tough, and the remainder of the day was disgusting.
Following the $5 drop in $SPY, we observed choppy neutrality throughout the entire afternoon. There were many opportunities to scalp, but none of them were necessarily great. Markets remained extremely neutral until the close, continually hovering in the 668-669 level, not providing insane opportunities, but we still had a lot of fun, realized a significant amount of gains, and had an amazing time. We officially ended the day with $SPY trading at $669.12, down $2.50 for the day, or down just under 0.4%.
I will not say that yesterday was a great day for the markets, but we did go on and make a new all-time high on $SPY, so as much as I hated yesterday, I just want to say congrats again to anyone who was able to get out alive, and grats to anyone and everyone who was able to realize a significant amount of gains as a result of the volatilty and confusion of the markets!
S&P 500 Heat Map - 10/07/2025
Thoughts & Comments for Today - 10/08/2025
Today should be a little more difficult and confusing. I am not going to try to oversell how amazing these market conditions are, because they are not great at the moment. Conditions are strong, but that does not mean they are great. I do not like the four bearish days we’ve seen in a row, and I am genuinely concerned about the possibility that the markets come down from this point. I do not know when the markets are going to come down. I do not know what the catalyst for this is, but all I know is that, in reality, given the current situation, I advise you all to exercise extreme caution going into today.
As always, I may be incorrect with my sentiment, but with the weakness that I am seeing across the board, I do not see a reason why anyone should be overly bullish and optimistic. If you are long gold, you are having an amazing time, but in reality, with the uncertainty that is being driven by the markets, it would advise everyone to be overly cautious and not anticipate allocating heavily in these conditions. Again, this is kind of a continuation of everything that I’ve said over the previous couple of days, and it is a continuation.
I do NOT like these market conditions. I do not like the strength in Gold, and I do not like green eggs and ham.
These market conditions only continue to provide red flags to me. Yes, the markets may continue to go up, there are going to be opportunities to scalp and trade, but please, be extremely careful and cautious attempting to purchase tech companies that are overpriced right now, as you will lose your ass when they come back to fair value.
So again, I am not bearish the markets. I am not stating that we are going to come crashing down anytime soon. But I do believe we are due for a genuine minor correction in the markets where $SPY drops $20-30 in a matter of a couple of days, where we can simply pick back up from where we were, and enjoy life that way.
However, with literal gold prices rising, the majority of my concerns today stem from the fact that people are shifting assets into precious metals, compared to investments in the markets and purchasing equities. It is unfortunate, but I am sure there will be a shift with enough given time that we can capitalize on. So please, tread lightly for today, and prepare accordingly for tomorrow. Not on a very literal basis for tomorrow, but you understand what I mean.
Conditions are strong, Conditions are sketchy, traders are going to get hurt.
So, just be smart, be safe, and have an amazing time while trading today!
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: $INTC, $TSLA, $NVDA, $ORCL , $TSM
Speculative: $PTLO, $RIVN, $ADT, $ALLE, $KHC, $BUD
Long Dividend: $JEPI
Long Investment: $PTLO, $BUD
Short: $BRK/B
Crypto: SOL
Economic News for 10/08/2025 (ET):
FOMC Minutes - 2:00 PM
Notable Earnings for 10/08/2025:
Pre-Market Earnings:
No Earnings Scheduled
After Market Earnings:
AZZ Inc (AZZ)
Resources Connection (RGP)
Wrap up
Hopefully, markets are able to recover and have a generally bullish aroma in the air today. I am skeptical of these conditions. I am not loving the way the markets move, so please, continue to practice safe risk management, protect your bottom line, and just make some smart decisions. Many traders are going to have a tough time. So let’s have some fun, realize some gains, and have an amazing time!
Good luck trading, and let’s watch $SPY make a new all-time high!