HaiKhuu Daily Report - 10/19/2026
Good morning and happy Monday! Wow, it’s always funny; the weekend ends, and somehow we always end up back here! I hope you all had a wonderful weekend and are ready for another volatile week for the markets!
Everything is looking amazing right now, as $SPY is up slightly at the time of writing this report. Futures looked great, and $SPY is trending back up!
The past week has been filled with volatility and difficult conditions, but given the way that everything is trending, opportunities will consistently present themselves in these conditions, but now it is just a matter of capitalizing on the conditions presented to us, and realizing some gains.
Please be smart, as there is going to be a significant amount of volatility that is presented to us as a result of these conditions, but understand that things will only continue to get better as you become stronger and a better person.
Be strong, believe in yourself, and love those around you.
This will be a fun week full of volatility and opportunities, so make sure to check out the WEEKLY PREVIEW to prepare accordingly for the week!
Good luck trading this week, and let’s see where the markets take us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $771.18
Baseline Support: $765.61
Psychological Support: $770
Previous All-Time High: $781.62
Daily Cloud Support: $766.67
Thoughts & Comments from Last Week
Last week was a terrible time for the average trader. We watched as there was continued bearish momentum, which ultimately resulted in significant losses. Regardless of sentiment, it was a clear rejection of the previous highs on a larger timeframe, caught in some general consolidation. Markets were difficult to navigate, and the majority of traders unfortunately realized losses attempting to trade last week, so if you lost, don’t kick yourself while you are down, and if you are up, give yourself a pat on the back!
We started the week with $SPY trading at $778.72, market conditions were alright as we tested previous all-time highs, but watched as there was continued neutrality through Monday all of the way through Tuesday. As much as I would love to talk about the insane momentum, there was really just overall consolidation during that time while testing the previous high.
Things started to get spicy on Wednesday. We closed Tuesday with $SPY trading at $777.97, opened Wednesday at $774.94, and watched as general market conditions only continued to weaken in the process. We quickly went from testing the previous all-time high to selling off, breaking below the daily conversion line support, breaking down, and testing both the daily baseline and cloud support. Obviously, conditions were less than ideal as $SPY made the official low of the day trading at $766.71, but thankfully bounced before the end of the day and ended Wednesday trading at $769.60.
On Thursday, market conditions picked up slowly as $SPY dropped and opened the day at $766.25, bounced from the daily baseline support, and ended the day trading at $771.79, before really seeing the craziness of Friday.
As much as I would love to be optimistic and say that it would have been nice to see overly bullish market conditions on Friday, it was almost expected that the selling would have occurred, and that was the reasoning for my logic and warnings regarding the general market conditions. We started the day with $SPY looking alright, trading at $773.20, and then watched as $SPY quickly sold off and dropped off throughout the entire day. Things quickly dropped through the morning, where leading into the lunchtime lull we watched as $SPY broke below $770, and only continued to drop into the early afternoon.
$SPY dropped off hard once again leading into the back half of the afternoon, where $SPY made the official low of the day and low of the week, trading at $760.66. Thankfully, markets did bounce slightly leading into power hour, and bounced slightly into the end of the day, where we officially ended the day with $SPY trading at $763.25, meaning that $SPY was down 1.1% on Friday (Roughly $9), while also being down roughly 2% throughout the entire week, or down roughly $16 overall.
So, what I can say about last week is that, as bad as this sounds, there were great opportunities to scalp and trade either direction; anyone and everyone could have realized a significant amount of gains during the volatility, and hopefully you all were able to make the most of the conditions! Let’s see where the markets decide to take us today, and have some fun in the process!
S&P 500 Heat Map - 10/16/2026
Thoughts & Comments for Today - 10/19/2026
Today is shaping up to be a great day for the markets. Everything is up during the pre-market session, and I think that it is almost going to be hard not to be optimistic going into today. Obviously, I don’t want to get everyone hyper bullish; market conditions have been disgusting over the previous couple of trading days, and as a result of that, I think that today might be the end of the selling, or the beginning of the end.
One of two things that realistically is going to happen today:
Best case scenario:
Selling pressure stops, people come to the realization that many major tech organizations are oversold in the short term, and look for an opportunity to play a bounce. We are seeing double-digit losses coming out of some of these major tech organizations, where yes, I believe they are still fundamentally overpriced, but at the same time, I believe that the double-digit losses will provide some insane upside potential. These organizations are not going to go back and reach new highs in a single day, but market conditions are going to cause some of these organizations to be oversold, which will provide you with a deep value buy-the-dip opportunity.
I do not know where the bottom is on any of these positions in the markets, nor do I claim to know, but at the same time, just know that there WILL be a bottom, and once we find that bottom, know that there will be a beautiful bounce. If that happens today, in a couple of days, or whenever it happens. It will be beautiful.
Or, we can see the worst-case scenario:
High likelihood that this does NOT happen, but anything can happen in these market conditions. Prepare for a possible $SPY $760 magnet snap. We saw some nasty selling that occured on Friday, there is no strong reasoning for the markets to move up, people are buying the dip, but could easily get knee capped quickly in the process.
All we need is the slightest amount of bearish news to cause the markets to come tumbling down, and in the case that it comes down, it will come down quicker, harder, and farther than anyone truely expects. With the $760 bear magnet on, I can see $SPY breaking below $760, stopping a lot of traders out, and consolidating / chop until we have news / justification for a directional move.
I’ve talked about magnets before, they are very easy to predict, so just prepare accordingly in the case that we do see something happen.
You know the spiel: practice safe risk management, take on proper allocations, scale into plays accordingly, and realize some gains.
Life is good, just be smart in these conditions and you will be fine. Sorry for having to cut the back half of the report short - will ad-lib rest in the call - just needed to get this published in time. <3
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: $ORCL, $SPCX, $SNDK, $INTC, $MU, $NVDA, $TSLA, $AMD
Speculative: $PTLO, $BABA, $RIVN, $AI, $FUN
Long Dividend: $JEPI / $JEPQ
Long Investment: $PTLO, $WMT
Crypto: $MSTR, SOL, BTC
Economic News for 10/19/2026 (ET):
NAHB Housing Market Index - 10:00 AM
Notable Earnings for 10/19/2026:
Pre-Market Earnings:
Cleveland-Cliffs (CLF)
Fifth Third Bancorp (FITB)
SmartFinancial (SMBK)
After Market Earnings:
Steel Dynamics (STLD)
Karooooo (KARO)
AGNC (AGNC)
BOK Financial (BOKF)
Crown Holdings (CCK)
RBB Bancorp (RBB)
Washington Trust (WASH)
RLI Corp (RLI)
F.N.B. Corp (FNB)
Wrap up
These market conditions are going to be fun this week. Please go into today with the expectation of irrationality and volatility. Please make sure to practice safe risk management and tread lightly on these conditions. Traders will have a difficult time remaining consistent, but opportunities will consistently present themselves, so follow trends, follow the general momentum, and have an amazing time!
Good luck trading, and let’s see where the markets take us this week!