HaiKhuu Daily Report - 11/04/2025
Good morning, and happy Tuesday! Wow, I don’t know about you, but there have been so many interesting opportunities during this confusing market volatility. I hope that you all are ready for today and are ready for what is gonna be another volatile time. Market conditions are still strong at the moment, but we are seeing some weakness following $NVDA's after-hours news. We are slowly trending into a more fearful state of the markets, and this time, when we are in this state, it honestly does feel like a good sentiment gauge for where the markets are at.
Traders are skeptical, markets are volatile, and people do not know how to act. We are not necessarily in extreme fear yet, but we are in the lower half of fear on the fear and greed index, and traders are scared. All that matters right now is that the market conditions are still in a state of skepticism, and I am going to continue to advise you all to be smart and safe while you attempt to scalp and trade today.
Many individuals will have difficulties due to this volatility. I’ve warned you about it before, and I will warn you about it again. As much as I hate being the guy who says that these conditions are less than ideal, they are. We are not in a state of blind bulls, and many traders are becoming more fearful as they are consistently generating losses while the markets remain relatively neutral.
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $676.50
Baseline Support: $671.27
Psychological Support: $675
Daily Cloud Support: $655.70
Thoughts & Comments from Yesterday - 11/03/2025
Yesterday was a relatively disgusting time for the markets. There was bearish momentum, followed by a mild bullish recovery, and neutrality throughout the rest of the day. As much as that sucks to say. That was the entirity of the day. It would be funny if I stopped the report here, but man, was yesterday a gross time to trade.
We started the day yesterday with $SPY opening at $685.64. Market conditions at open looked great as $SPY moved up nicely during the pre-market session, but we warned you all about the bearish trends in the markets. We watched as $SPY dove from open all the way to making the official low of the day at $679.94, bouncing off the $680 support level to bounce back to the $684 range, and then honestly, watched as $SPY did pretty much nothing else throughout the rest of the day, as we remained extremely neutral, going on to officially end the day at $683.34, up $1.30 for the day, or up roughly 0.2%.
There really was no movement at all in the markets and it was one of those days that realistically, we just watched as there was mild momentum throughout the day making trading extremely inconsistent for the large majority of traders, watching as traders got chopped out, burned by theta, and generally just had a tough time. I hope that you all were able to make the most out of yesterday, but if I am being real, that was just a relatively grosser day for the markets. But hey, such is life. So we will see where the markets take us today and try and have some fun!
S&P 500 Heat Map - 11/03/2025
Thoughts & Comments for Today - 11/04/2025
Today is going to be an extremely tough day for the markets. We are seeing weakness across the board as traders are becoming more fearful of these conditions. It’s funny that we are currently in a state where the markets can genuinely move in any direction, and it may seem without rhyme or reason, but everything that we are seeing has been mapped out, and the question is, can you read the fine details and see the human psychology that is coming into play?
As I have been stating, we need $SPY to magnet back to $660 real quick. That is a rather substantial short-term movement in the markets, but at the same time, we would still state the markets are strong, despite coming back down roughly 5% from the top. So, again, I am not saying that we are going to hit $660 perfectly, but that is my personal price target before I get more comfortable and confident in allocating by the end of the year. I’d love a quick snap back to the daily cloud support, show more confidence, and then watch as the markets break out, and break $700 by the end of the year, rewarding everyone who ultimately held their positions!
The issue is that we are going to see more difficult market conditions here in the short term before we see a substantial move that will last. I would not be overly bearish at the moment, as market conditions are still extremely strong, but this is also the time when I need to voice that markets are sketchy, that traders are going to have an extremely difficult time, and that losses are going to be consistently generated. I believe the ongoing event is not primarily a state-of-the-economy movement, but a power move by geopolitical powers.
So, over the next couple of days, it is going to sound like I am wearing a tinfoil hat, but in the case the markets sell off, expect it to be an extremely quick sell-off that will take many traders by surprise. In the event we sell off, I am telling you all right now: this is going to be an amazing buy-the-dip opportunity. The question is, where is the bottom, where is there strength, where is there confidence? That is the toughest part about all of this. The easiest way to survive is to sit back and let the markets do their magic; once we see the true “bottom” and a sign of a reversal, we should allocate with confidence.
Just be careful about the short-term confusion many traders will face. We will see lower allocation rates, higher selling, more choppy neutrality, and generalized confusion from the markets. Unfortunately, many traders are going to lose over the next couple of days, but I will tell you this is going to be one of those times when many traders lose, while we print money hand over fist.
The best plays in the markets will continue to be those hidden gems, so keep looking for fundamentally solid deals that are heavily undervalued and poised to move up! Those will be the safest, most consistent plays to look out for, not only today, but during tough market conditions! So, let’s make the most out of today and have some fun!
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, $TSM, $INTC, $NVDA, $TSLA
Speculative: $PTLO, $RIVN, $KHC, $BUD , $ADT
Long Dividend: $JEPI
Long Investment: $PTLO, $BUD, $STZ, $CMG
Short: $BRK/B
Crypto: SOL
Economic News for 11/04/2025 (ET):
Trade Balance - 8:30 AM
Factory Orders - 10:00 AM
Job Openings - 10:00 AM
Notable Earnings for 11/04/2025:
Pre-Market Earnings:
Pfizer (PFE)
Shopify (SHOP)
Hut & Mining (HUT)
Uber Technologies (UBER)
Spotify Technology (SPOT)
BP p.l.c. (BP)
Norwegian Cruise Line (NCLH)
Eaton (ETN)
Stanley Black & Decker (SWK)
After Market Earnings:
Advanced Micro Devices (AMD)
Supermicro (SMCI)
Arista Networks (ANET)
Kinross Gold (KGC)
Rivian Automotive (RIVN)
Allegiant Travel Company (ALGT)
Clover Health (CLOV)
Pinterest (PINS)
AFLAC (ALF)
Wrap up
Hopefully, markets strengthen from here, but with the way that the markets are trending, conditions are not looking the best going into open, and we are testing the previous trends that have been brought up. So, if you are attempting to trade, tread lightly and prepare accordingly for some confusing volatility that is led by fear. Be careful in regards to the current market trends & do not attempt to catch a falling knife.
Good luck trading, and let’s see where $SPY takes us.