HaiKhuu Daily Report - 11/17/2025
Good morning, and happy Friday!
Wow, this has been an insane week that has flown by. I hope you all are alright and have had an absolutely wonderful week of trading stocks. This has been a more difficult time, but as stated before, opportunities have and will continue to be amongst us.
Markets are not looking the best at the moment as $SPY is down slightly at the time of writing this report, but if I am being honest, that is the beautiful part about these conditions. Sure, $SPY might be weak at the moment, and we might be at extreme fear on the fear and greed index, but this is one of those times where, realistically, market conditions should only continue and strengthen while providing us with opportunities to trade and realize some gains.
Conditions will be extremely volatile today due to the volatility we’ve seen over the past couple of days. We are back to the daily baseline support, and these conditions genuinely are going to be extremely difficult to navigate, yet provide traders with absolutely insane opportunities that will be available to us. The only question is, will you be able to catch those plays in real time, and will you be able to realize gains? If the answer is yes, you are going to have an amazing time today.
If the answer is no, please check the warnings later in this report, as conditions might get hectic.
Good luck trading today, and let’s continue to see NEW all-time highs!
The updated $SPY daily levels are as follows:
Conversion Line Support: $673.50
Baseline Support: $671.27
Psychological Support: $670
Daily Cloud Support: $661.19
Thoughts & Comments from Yesterday
Yesterday was an absolutely disgusting day for the markets, and I feel that we were one of the few people who thought about the possibility of a market sell-off, one of the even fewer who warned you all about it, and consistently reaffirmed the situation before markets even opened. It was an unfortunate prediction, but given market conditions, it was almost hard not to be mildly bearish yesterday.
So, we started the day with $SPY not looking the worst. $SPY was down slightly during the pre-market session, but we watched as it opened the day at $680.48 and traded with mild weakness from the open. Markets came down; we had a tough time, and we watched as traders were confused yet tried to be optimistic the entire day, and that, unfortunately, became a game of catch a falling knife.
As I warned yesterday, we will get a directional move that would lead us to a new all-time high, or we will sell off. And man, did we sell off.
$SPY went from $680 to dropping through the entire morning, hitting a relative low at $675. Once the lunchtime lull ended, we watched as $SPY dropped again, then continued to make new lows leading into the afternoon. Conditions were not the best late afternoon, and continued to remain extremely weak until close, where about 5 minutes before the markets closed, we watched as $SPY went on to make the official low of the day at $670.52, meaning that $SPY has dropped a total of $10 on an intraday basis, and went on to end the day trading at $672.04, down $11.34 for the day, or down 1.6%.
I am not saying that yesterday was a good day for the markets, nor that opportunities will be amongst us, but this is realistically one of those times when, despite the weakness in the markets, opportunities will be amongst us. The question is, when does this fear ease, and when does the buying settle in? I still believe we'll see $SPY $700 by the end of the year, and this is just the fun, short-term beauty necessary to achieve it. Because, as bad as this sounds, if the markets were in reverse, where we started the day at +3, and rallied another $10 from the open price, $SPY would be trading at $697, just to put it in perspective.
So, let’s just see where the markets take us today, and have an amazing time in the process!
S&P 500 Heat Map - 11/14/2025
Thoughts & Comments for Today - 11/17/2025
Today is going to be a hectic and confusing time for the overall markets. I do not know about you all, but if I am being honest, I am not excited about these market conditions today. I want to be overly bullish and optimistic, but we are at a point where we are between two very decisive magnet points on $SPY, where we are going to either see some beautiful bullish momentum here in the short term, or you are about to see traders get deleted attempting to scalp and trade.
Wow, looking at the markets after getting to this point in the report is genuinely starting to get to a point of being disgusting. Markets are down roughly $6 at the time of writing this report, and conditions are not looking the best.
So, one of two things is about to happen today in my opinion. One, $SPY rallies and recovers absolutely EVERYTHING today, where $SPY is able to rally and snap back to $680, essentially wiping out all of the losses that have been generated over the previous couple of days, or we will watch as the general markets have a terrible time as we watch $SPY snap back to $660.
As I said before, I would say that conditions are naturally more bearish today as a result of the general momentum of the markets, but as a result of the fact that we’ve fallen so fast so quickly, it would not surprise me if we saw some genuinely aggressive purchasing to bounce back up.
I am not saying these market conditions are overly bullish or bearish, but I can say they are disgusting, and traders should genuinely be nervous today. Again, it is not that the markets are in a bad place; it is just that there is so much risk in the markets where many traders do not know how to navigate these conditions comfortably, nor do they understand the risks that they are taking.
But what I will say again is that this is going to be a great buy-the-dip opportunity. The question is, where is the bottom, and when can we start to rally? Some individuals have a tough time in these conditions as a result of the chop, bearish momentum, and confusion, but at the same time, with the weakness that is being displayed, we are going to get some alright opportunities to buy the dip. The question is: where should you buy, why should you buy, and where should you allocate? I am not saying that the markets are overly bullish at this point, but I will continue to state that these market conditions are strong and that anyone who is genuinely losing their entire portfolio as a result of these weaker market conditions is genuinely taking on too much risk.
So, if you are attempting to buy today, just tread extremely lightly. It will be really easy, in my opinion, to scalp and day trade equities with the way that everything has moved, but at the same time, with all of the difficulties we are facing, just please make sure to practice safe risk management and mitigate as much risk as possible. Make sure you are confident in the organization you are purchasing, and comfortable with the price you are holding at.
Traders should have a fun time today; it is just a matter of doing what they can to allocate accordingly in these conditions. So, let’s see where the markets take us 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, $TSLA, $NVDA, $PLTR
Speculative: $PTLO, $RIVN, $BUD
Long Dividend: $JEPI
Long Investment: $PTLO, $BUD, $CMG
Short: $BRK/B
Crypto: SOL
Economic News for 11/17/2025 (ET):
Empire State Manufacturing Survey - 8:30 AM
Minneapolis Fed President Neel Kashkari speaks - 1:00 PM
Notable Earnings for 11/17/2025:
Pre-Market Earnings:
XPeng (XPEV)
Aramark Holdings (ARMK)
Codere Online Luxembourg (CRDO)
H World Group (HTHT)
J & J Snack Foods (JJSF)
After Market Earnings:
Gladstone Capital (GLAD)
i3 Verticals (IIV)
Trip.com (TCOM)
LifeMD (LFMD)
Wrap up
Hopefully, we see some insane bullish momentum after the market opens and see a beautiful recovery back to the $680 magnet zone. We are right in between the $680 support and the $660 magnet, so watch out as I am going into today hoping for a rally, expecting some weakness, but in reality, just gonna see some choppy market conditions. So please, make smart decisions, have an amazing time, and realize significant gains!
Good luck trading, and let’s end this week strong!!!