HaiKhuu Daily Report - 10/21/2025
Good morning, and happy Tuesday!
These market conditions are fun as $SPY is trickling closer and closer to a NEW all-time high. Conditions are strong, yet traders are still skeptical. We still are in fear on the fear and greed index, so as bad as that sounds, that means there is still a lot of upside potential when it comes to the markets. Hopefully, this fear subsides soon, and watch as the markets rally, but tread lightly.
I am warning you now, and I will warn you all again later on in this report. Tread lightly. These market conditions are deadly and traders are getting wiped out left and right. Please make the most out of this short-term volatility in the markets, but also remain level-headed, as the average trader is overly confident in their ability to navigate these conditions, and that is going to wipe out many traders.
Please continue to make the most out of these conditions, but practice safe risk management. Do not be passive, do not fight trends, & watch out for both chop and a directional move in the markets today! I’ll talk more about my market sentiment later on in this report, but for now…
Good luck trading today, and let’s see a NEW all-time high!
The updated $SPY daily levels are as follows:
Conversion Line Support: $663.39
Baseline Support: $663.39
Psychological Support: $660
Daily Cloud Support: $645.56
Thoughts & Comments from Yesterday - 10/20/2025
Yesterday was an interesting time for the markets. There was generalized strength as $SPY continued to slowly rally, but I genuinely cannot tell where the strength and momentum came from. There was bullish sentiment in some of the major tech organizations, but I never saw anything that genuinely seemed overly bullish. I believe that we all got lucky being able to make the most out of yesterday, and I am glad that we were all able to capitalize on the general market conditions, but it would be wrong if I said that the markets were easy to navigate. Many traders got wiped attempting to trade yesterday, and as unfortunate as that is, that is just a part of these market conditions.
So, we started yesterday with $SPY trading at $667.34, conditions were good as $SPY was up approximately $3 from the previous close, displaying confidence yet skepticism leading into open. We quickly went on to make the official low of the day at $667.28, and then watched as the markets just continued to run consistently throughout the entire morning, faking kids out, breaking above the $670 support level, and remaining strong.
Traders had opportunities to easily capitalize on the strong early bullish momentum of the day, but we did watch as the momentum started to slow down as $SPY broke above $670, and essentially chopped in that range for a couple of hours, only to finally start to show strength again, leading into the afternoon session.
During that time, markets continued to remain relatively neutral around the high of the day, hovering right below that $672 range, but watched as we were able to break out of that range for a little bit as $SPY went on to make the official high of the day at $672.21.
Conditions afterward were relatively neutral without any major movements, essentially just chopping around and being uneventful for the last two hours of the day. As much as I would love to say about how overly strong the conditions were or how optimistic the markets looked, that really was not the case into close, where we then went on and ended the day with $SPY trading at $671.30, up just shy of $7 for the day, up just a little over 1%.
As much as I would love to talk down about the terrible momentum in the markets yesterday, I will say that again I am extremely happy about these market conditions, with the fact that we are continuing to slowly move up. None of this movement should make you overly bullish or optimistic in the markets, but there is never a bad time while we are all realizing some gains!
S&P 500 Heat Map - 10/20/2025
Thoughts & Comments for Today - 10/21/2025
Today should be a fun and interesting time for the overall markets. My stance in the markets will remain the same, where I want to be optimistic, yet I am not overly bullish in the markets. I am extremely skeptical of this movement we are seeing in the markets, and do not want to be overly bullish until there is an easing in overall market tensions. We are still in fear on the fear and greed index, and I think this is a good sign for the markets.
Assuming you have the strength to continue to hold through the short-term volatility that we are seeing in the markets, I do not see a reason why anyone should panic. Market conditions and sentiment may shift, but I am a believer that a skittish bull in these conditions will only have a great time.
I will continue to warn everyone that with increased volatility in the markets, there is an increase in uncertainty. The uncertainty of the markets is a double-edged sword, as the best of traders are going to make significantly more money in an extremely short period of time, while other traders will experience larger losses in a quicker timeframe.
So, my recommendation for the average trader in these market conditions is to increase your probability for success by looking to either shorten or lengthen your time horizon on your trades today. Either look to find some companies that you believe are fundamentally undervalued and are hidden gems in these market conditions, and buy and hold them for a couple of days as a swing trade, or look to scalp extremely quickly and take profit consistently throughout the day.
This may sound counterintuitive for some, but for those who understand exactly what I am saying, you are in a great spot.
But changing your time horizon impacts how volatility directly affects your trades. If you are navigating quick scalps, you do not have to worry about too much volatility, as you are only worried about the next 2-3-5 minutes tops, while if you are in a swing trade in an organization that may need to take 2-3-5 days/weeks to play out, you don’t have to worry about what happens with intraday volatility and chop.
The traders who will consistently get killed in these conditions are the traders who get caught holding bags on scalps that do not work out in their favor. It is one thing if you have a successful scalp that becomes a day trade; it is another if a failed scalp becomes a bag holder. There will be many traders who get caught up with 0-dte contracts today, trying to fight momentum, and attempting to trade either when conditions are choppy or when the markets lack momentum.
So please, just continue to practice safe risk management, be level-headed with your allocations, and be rational with your decisions!
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, $STZ, $CMG
Short: $BRK/B
Crypto: SOL
Economic News for 10/21/2025 (ET):
No News Scheduled
Notable Earnings for 10/21/2025:
Pre-Market Earnings:
Verizon (VZ)
Coca-Cola (CO)
GE Aerospace (GE)
Elevance Health (ELV)
General Motors (GM)
Lockhead Martin (LMT)
Nasdaq (NDAQ)
PACCAR (PCAR)
3M (MMM)
After Market Earnings:
Netflix (NFLX)
Texas Instruments (TXN)
Omicom Group (OMC)
Chubb (CB)
Western Alliance Bancorp (WAL)
East West Bancorp (EWBC)
Capital One Financial (COF)
Wrap up
Hopefully, markets will continue to remain strong and people will continue to print. I will continue to express my extreme skepticism about these conditions, yet I am also excited to see where the market takes us in the short term. Again, I do not want to be overly ambitious and state we are going to an all-time high, but just know that despite all the skepticism, seeing a new all-time high today is a very real possibility. Make the most out of these market conditions today, and let’s have some fun!
Good luck trading, and maybe see a new all-time high?