HaiKhuu Daily Report - 10/08/2026
Good morning and happy Thursday!!! Wow, these market conditions have been insane with the volatility we’ve seen this week, and hopefully you all have been able to realize gains with relative ease. Markets have dropped after making a new all-time high and are down slightly at the time of writing this report, but I would say that, in general, traders should be excited and should prepare accordingly for another volatile day for the markets!
Conditions are still strong as $SPY is out of the previous consolidation we’ve seen, but we still do not have a catalyst to justify the movement. We did just make a new all-time high two days ago, but regardless of what happened, conditions are just in a weird position where traders are both optimsitic yet extremely skeptical. Please continue to practice safe risk management and do everything in your power to realize a significant amount of gains in an extremely short period of time.
I do want to announce officially that we are working on a new activity bot for the Discord in preparation for 23/5 market trading hours, so please feel free to check out THIS SITE. Feel free to see how you can earn points, how to spend those points, and how to claim free access and over $100,000 worth of prizes already on the site! We will be consistently updating and upgrading this feature, so I hope you all are able to enjoy both the Discord and the additional perks added.
Much love, and I hope you all are ready for an amazing day; this should be a lot of fun.
Good luck trading today, and hopefully market momentum picks up today!
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 - 10/07/2026
Yesterday was an interesting time for the general markets. Conditions were weak as traders experienced some general selling momentum, but everyone should have been able to realize some gains simply by following the general market momentum. There was weakness at the open, but intraday bullish momentum that could have been easily capitalized on. Traders were presented with opportunities to scalp on an intraday basis, and the market sentiment was great for those scalping, but tough for everyone else. Regardless of the overall markets, we hope you all had an amazing time and were able to realize some gains!
We started yesterday with $SPY trading at $775.81. General market conditions were weak as $SPY moved down into open, and conditions remained gross throughout the entire morning. $SPY went down to make the official low of the day, trading at $773.62, and general market conditions continued to remain weak until the lunchtime lull.
During the lunchtime lull, there was some weak bullish momentum as $SPY recovered back to the open price and remained relatively neutral around the open price, while general market conditions continued to mildly strengthen throughout the rest of the day.
Markets moved up slightly leading into the afternoon, and moved up once again into the back half of the trading day, where $SPY went on to make the official high of the day, trading at $777.91, before coming down slightly leading into close, where we officially ended the day with $SPY trading at $777.22, meaning that $SPY was down 0.25% overall or down roughly $2, despite having a +$1.50 intraday movement.
Hopefully you all had a wonderful time attempting to scalp and trade yesterday, and I genuinely hope that you all are ready for what the markets have in store for us today! Life is good; these market conditions are great, so let’s go on, realize some gains, and have an amazing time!
S&P 500 Heat Map - 10/07/2026
Thoughts & Comments for Today - 10/08/2026
Today is going to be a difficult day to navigate. With the way that everything is trending, it is hard not to be confused at this level. With traders experiencing short-term volatility, I am honestly expecting to see traders have a difficult time remaining consistent while attempting to scalp and trade today. Traders can obviously be excited about these conditions, but with the way that everything is trending and the sentiment traders are feeling, it’s hard not to be skeptical.
I talked about this in depth yesterday where I feel that the large majority of traders do not know how to naviagate these conditions with comfort, and that the large majority off traders are just trying things out to try things out. Traders should not be in a position where ultimately they end up overtrading and realizing losses. I know that I personally have dealt with these types of issues before in the past when I was newer in the markets, but just know that realistically, with the way the markets are trending, the majority of traders are going to have opportunities to scalp, but now it is a matter of making good positions that you have conviction with, and allocate with confidence.
Obviously, it is easy to say make good trades, follow the general market momentum, or to allocate with confidence, but let me give you some tips or advice.
One of my personal favorite entries in the markets is when a great organization starts to sell off. When an organization is selling off, typically what happens is that even if there is news that is the catalyst for the organization to sell off, we will still watch as traders start to freak out, lose confidence, and result in the position being oversold from where it should be trading. When this happens, you are able to take advantage of a beautiful short-term discount presented to you in the open markets.
So what do you do?
You should look to find an organization that has been selling off, is starting to display a consolidation at the bottom of a range, a test of generalized support, or a reversal confirmation from your technical analysis.
Once you find an organization that you believe is both undervalued and is showing signs of a reversal in the short term, look to allocate with confidence. Make sure to scale into the position properly to make sure that you have the right amount of exposure and set a stop to minimize your losses.
If you are able to be patient enough to simply wait for your position to set up properly, allocate with confidence and set stops to limit your downside risk, I genuinely do not see a reason why you cannot continue to perpetually realize gains in the process. So please, continue to practice safe risk management in these conditions, but capitalize on the short-term volatility we are experiencing.
These market conditions are going to be fun to actively scalp and trade today, so please continue to make the most of the opportunities presented, and let’s have an amazing day!
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 10/08/2026 (ET):
Weekly Jobless Claims - 8:30 AM
Monthly Wholesale Trade - 10:00 AM
Notable Earnings for 10/08/2026:
Pre-Market Earnings:
Tilray Brands (TLRY)
PepsiCo (PEP)
Byrna Technologies (BYRN)
AngioDynamics (ANGO)
Helen of Troy (HELE)
NOVAGOLD RESOURCES (NG)
Pre-Market Earnings:
No Earnings Scheduled
Wrap up
These market conditions are going to be difficult to navigate, mostly due to the inconsistencies and volatility we are experiencing right now. Please make sure to practice safe risk management and to do everything in your power to maximize your profit potential. Market momentum is irrational, so as long as you are protecting your bottom line and realizing some gains, you are going to have an amazing time. So please continue to make the most of this short-term volatility and have an amazing time!
Good luck trading, and let’s see where the markets take us!