HaiKhuu Daily Report - 11/06/2025
Good morning, and happy Thursday. Wow, where has this week gone? The days have been flying by, but the markets are still gross. Markets are up only ever so slightly at the time of writing this report, and I am not seeing any sentiment going into open that makes me overly fearful or optimistic. I will say that this report is written hours before opening so that many things may change by the time markets close. With the strength and optimism in the markets, just know we can easily break out. $SPY $680 is the significant resistance to watch.
I will warn everyone that I am skeptical of these market conditions and still expect a quick snapback in $SPY, but I think we are exceptionally strong and in a fantastic place to allocate. Traders are extremely fearful at this moment, yet $SPY is less than 2% away from making a new all-time high. On a day when we have a heavy directional move, just know I expect to see either an extremely quick sell-off that wipes out some traders on news, or a breakout of this channel and a new all-time high.
Again, I still believe we hit $660 before we rally towards $SPY $700, but as we are at the higher end of extreme fear, given these underlying conditions, no one knows where the markets are taking us. Yet, everyone is fearful after hitting a new all-time high last week.
Be smart, be safe, allocate accordingly, and make the most of these conditions. Please do not forget that market conditions are still strong, but these times are volatile and uncertain.
Good luck trading today, and let’s see where $SPY takes us!
The updated $SPY daily levels are as follows:
Conversion Line Support: $681.93
Baseline Support: $671.27
Psychological Support: $675
Daily Cloud Support: $656.00
Thoughts & Comments from Yesterday - 11/05/2025
Yesterday was honestly not the worst day we’ve seen, and actually broke the bearish trend that we were forming. Market conditions were disgusting as $SPY has been bearish and killing active buying sentiment, yet markets recovered beautifully, providing us with a little bit of breathing room. I hope you all made the most of the market strength yesterday and realized some gains!
So, we started the day with $SPY opening at $675.04. Market conditions really were not anything of any significance; we were down ever so slightly, but markets just essentially continued to move up early in the morning, breaking out after the first half hour to test $678, and watched as $SPY remained neutral around that point, leading into the early parts of the afternoon. Market conditions were less than ideal despite moving up, and we watched as $SPY broke out heavily, going on to test $680, break $680 for a little bit, watched as $SPY made the official high of the day at $680.86, and watched as the markets sennetially remained neutral at that point for one….two….three hours straight. No movement. No fun. Just a slow market chop that ultimately ended up killing some kids.
Thankfully, during power hour, the markets picked up some momentum again, but it left us with bearish sentiment and selling that occurred extremely quickly. We watched as $SPY went from $680 to quickly drop to $677.58 and end the day there. I am not saying it was an absolutely insane sell-off, even though it was, but at the same time, given the generalized confusion we saw and the market difficulties, that was the most momentum we saw through the back half of the day.
As much as I hate saying it, yesterday was not that terrible of a day, and not many losses were thankfully incurred, but man, these conditions have only continued to be spicy, so now let’s just see where the markets take us from here, and have a great time. So, let’s see where the markets take us today!
S&P 500 Heat Map - 11/05/2025
Thoughts & Comments for Today - 11/06/2025
So, let’s just dive right into today. Market conditions are looking good heading into open, but they are still extremely volatile, and traders are skeptical. I do not disagree with the skepticism, and it is hard not to agree, but please understand that the risks that are involved in these market conditions are elevated heavily, but will provide you with some of the most insane opportunities available to realize gains in an extremely short period of time if you are correct.
This is not a reminder to be smart and safe. This is just a reminder that, regardless of how you feel about these conditions, how you are performing in these conditions, or whatever allocations you are in, understand that these market conditions are volatile, and opportunities for you to realize a significant amount of gains in an extremely short period of time can happen easily. So please tread lightly if you are attempting to trade, but just know, in 100% seriousness, these are the conditions where people can genuinely become rich trading.
There IS a difference between rich people and wealthy people, IYKYK, but people can become rich trading in these market conditions. So if that is you, that is your goal, and you understand how to navigate the markets here in the short term, take advantage of this momentum and the opportunities that are available to trade left and right. Some traders are realizing money hand over fist, and some are losing money hand over fist. Choose which side you’d like to be on, and stick with your decision. All I can say is that it is a lot nicer to realize some gains and have fun.
But again, this is where things get less fun. Please understand that with all great rewards comes great risk. You can, and statistically will lose your ass in the attempt to hit it big in these market conditions. Anyone who is blindly purchasing 0-DTE contracts and praying on an intraday basis MAY inevitably hit one of these days. Still, unless you are confident and understand what you are doing, many traders will get wiped out in the pursuit.
So, regardless of what you do and what you are attempting to achieve in these market conditions, just please remember to be level-headed and rational with every position. Do not chase gains; focus on making good trades.
If you chase gains, you will realize losses; if you chase good trades, you will realize gains.
Just keep an eye out for the buy-the-dip opportunity. Many organizations are discounted and may continue to be discounted in these conditions, but if you are able to spot the deep value organizations in the markets right now that will eventually break out, allocate when you are confident, hold, and just have an amazing time.
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 11/06/2025 (ET):
Initial Jobless Claims - 8:30 AM
Labor Productivity - 8:30 AM
New York Fed President John Williams Speaks - 10:00 AM
Philadelphia Fed President Anna Paulson Speaks - 4:30 PM
St.Louis Fed President Alberto Musalem Speaks - 9:30 AM
Notable Earnings for 11/06/2025:
Pre-Market Earnings:
ConocoPhillips (COP)
BCE (BCE)
D-Wave Quantum (QBTS)
Oscar Health (OSCR)
Vistra Energy (VST)
AstraZeneca (AZN)
Warner Bros (WBD)
Datadog (DDOG)
DuPont (DD)
After Market Earnings:
Trade Desk (TTD)
Opendoor Technologies (OPEN)
MP Materials (MP)
SoundHound (SOUN)
DraftKings (DKNG)
Airbnb (ABNB)
SanDisk (SNDK)
Affirm Holdings (AFRM)
Wrap up
Hopefully, markets strengthen and break back above $680. It would be nice to see a continuation of this bullish momentum and confidence. Just please tread lightly, don’t be overly bullish, but remain a skittish bull. The next couple of days should be a lot of fun, so let’s see where the markets take us and realize some gains!
Good luck trading, and let’s see a $SPY breakout?