HaiKhuu Daily Report - 12/04/2025
Good morning, and happy Thursday! Wow, this has been a fantastic week for the markets, and I hope that you’ve been having an insane time! Markets are looking amazing at the time of writing this report, as $SPY is trending up, and we’ve been green over 7 of the past 8 trading days, with Tuesday being kind of an overall wash.
But the $680 magnet zone has continued to work perfectly, keeping us in its grasp before bouncing off that level once again. These conditions have been volatile and difficult to navigate, but the best of traders, and the worst of traders, have been absolutely killing it as long as they’ve been following along.
So, tread lightly today. $SPY is less than 1% away from a new all-time high and can very easily make it over the next couple of trading days, so keep your eyes peeled as a new all-time high is back within striking distance. So please, sit back, relax, practice safe risk management, and make the most out of today. These conditions are going to be volatile and challenging to navigate. So have some fun and realize some gains!
Good luck trading today, and let’s see a NEW all-time high!
The updated $SPY daily levels are as follows:
Conversion Line Support: $667.88
Baseline Support: $670.28
Psychological Support: $680
Daily Cloud Support: $670.26
Thoughts & Comments from Yesterday - 12/03/2025
Yesterday was a confusing yet beautiful day for the overall markets. With the momentum provided, anyone who simply followed the market and remained bullish on $SPY at $680 would have had a great time and realized some gains. Many organizations went crazy and offered everyone insane opportunities to make gains, so I hope you all had fun and a great time trading!
So, we started yesterday with $SPY dropping heavily right at 9 am EST, then continuing to drop during the pre-market session, going from up beautifully to actively testing the $680 magnet zone once again. Markets dumped and had a tough time, opening the day at $680.55, and quickly dropping to break that $680 resistance once again. Then, like a textbook example, it was a beautiful bounce off the lower support level, and I watched as $SPY maintained bullish momentum throughout the entire morning and retained both strength and confidence throughout the rest of the day.
By 10AM EST, $SPY was green again on an overall basis, and it continued to move up beautifully throughout the rest of the morning, through the lunchtime lull, and broke out once again leading into the afternoon. Market conditions were excellent, opportunities were amongst us, so it all came down to which direction you chose and when you chose. If you simply followed the momentum and allocated long off that bounce at $680, you would have had a fantastic time and realized significant gains, while knowing that anyone who simply held their positions long would have had an absolutely fantastic time.
We ended up dropping slightly leading into close, where the markets went on to end the day at $683.89, up $2.36, or 0.35%.
So, I am not saying that yesterday was a perfect day because a lot more could have happened. Still, with the opportunities available and the market's movement, as I said before, anyone who is simply holding strong positions should have had a great time, so let’s just see where the markets take us today and have an amazing time in the process!
S&P 500 Heat Map - 12/03/2025
Thoughts & Comments for Today - 12/04/2025
Today should be a continuation of the fun and confusion that we’ve experienced over the previous couple of trading days. Market momentum is strong, and opportunities are constantly amongst us in this climate. Traders are being presented with some insane opportunities to take advantage of liquidity. Now, the question is, how are people reacting to these new elevated prices?
If I am being honest, I am seeing substantially less fear than we were bringing on this time last week, despite only being slightly higher. This is a great sign for not only the markets, but also anyone in any alternative asset. I think we are now preparing for the irrationality in markets. If you thought that this bullish momentum was good, you should see what happens when the markets really start to break out.
I think for the large majority of traders, we are going to see a pseudo 2021-esque run in the markets, where everything comes crashing back down like Q1 2022, but the question is where in that 2021 run are we now, and where do we go from here? I still believe with 100% confidence that we can easily break out to $SPY $700 and enjoy some irrationality in the markets before we ultimately come crashing down, but as a result of that thesis, I still do believe with 100% confidence that this run is not over yet.
Cryptos are undervalued. Equities are overvalued, but we are still in fear on the Fear & Greed Index. Once we start breaking out with more comfort and confidence, and once people start blindly allocating into the markets again, then and only then will we see the true potential in the markets. Let SOL reach $170-200 again, let BTC return to $120, and watch as equities go rip to new all-time highs and prices that are genuinely irrational, where people are still purchasing before going heavily bearish and hoping the markets start to reverse.
Again, I am not saying that bearish general markets are necessarily incorrect. I do believe that, inevitably, one of these days, $SPY will trade lower than it is right now, but I genuinely believe that day is not today. I do not think we are going to see another major correction until we see the true major correction. So, until then, just continue to do everything in your power to realize some gains.
Follow the general market momentum, do not fight any trends, do not fight the allocations, and have a great time. Anyone across the board can do anything and everything they would like to do in a short period of time. The real question is where do we allocate from here, how do we allocate from here, and what can we do to maximize our potential?
Simple. Hold strong equity positions that will continue to move up. Trade the short-term momentum to capitalize on the volatility. You are getting the best of both worlds, and it is hard to lose if you are comfortable and confident with your allocations. So be smart, be safe, and realize some gains today!
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
Tech: $NVDA, $TSLA, $MSTR, $TSM, $ORCL, $BABA
Speculative: $PTLO, $RIVN
Long Dividend: $JEPI
Long Investment: $PTLO
Short: $BRK/B
Crypto: SOL
Economic News for 12/04/2025 (ET):
Initial Jobless Claims - 8:30 AM
Trade Deficit - 8:30 AM
Notable Earnings for 12/04/2025:
Pre-Market Earnings:
Kroger (KR)
Dollar General Corporation (DG)
Hormel Foods (HRL)
Build-A-Bear Workshop (BBW)
Donaldson Company (DCI)
BRP (DOOO)
Science Applications (SAIC)
After Market Earnings:
Rubrik (RBRK)
DocuSign (DOCU)
SentinelOne (S)
ChargePoint Holdings (CHPT)
Hewlett-Packard Enterprise (HPE)
CooperCompanies (COO)
ULTA Beauty (ULTA)
Stitch Fix (SFIX)
Wrap up
Hopefully, markets only continue to move up and show generalized strength and confidence that we can all capitalize on. Again, we are less than 1% away from a new all-time high, so I hope you all are buckled in because this is going to be an exciting yet bumpy ride. So make sure to practice safe risk management and genuinely make the most out of these conditions!
Good luck trading, and let’s see a new high!!!