HaiKhuu Daily Report - 07/22/2025
Good morning, and happy Tuesday! Wow, $SPY has made another new all-time high, and the real question now is are we going to be able to do it again? Markets dropped into close yesterday, and market conditions continued to remain relatively neutral and gross during both the after-hours and pre-market sessions. These conditions are obviously going to be more difficult to navigate, so please continue to tread lightly.
Just be careful as I am genuinely concerned about market neutrality and lack of general momentum if you are attempting to scalp on an intraday basis.
I will say that I have continued to see signals from individuals stating that they are starting or attempting to short the markets at these levels. While I may disagree, it is not a bad idea to gradually reduce exposure at all-time highs.
I still would not personally advise you to short the markets or sell off positions, as I do believe that the markets should realistically continue to move up and show generalized strength, but at the same time, it never hurts to take some risk and exposure off the table for generalized safety and for portfolio rotation. I’ll talk more about this later on in the report, but for now, go into today not expecting a lot. So, in the case the markets break out heavily, there is strength, confidence, and opportunity consistently presented to us; we can be extremely excited.
So, good luck trading today, and pray that we don’t see neutrality!
The updated $SPY daily levels are as follows:
Conversion Line Support: $624.79
Baseline Support: $611.71
Psychological Support: $600
Daily Cloud Support: $587.35
Thoughts & Comments from Yesterday 07/21/2025
Yesterday was a beautiful day for the markets as $SPY reached a new all-time high, yet absolutely disgusting for the large majority of traders. There was a significant bullish movement early in the morning, and a significant bearish movement towards the end of the day. Anything but those rallies were essentially market neutrality at the all-time highs, but that is what has been expected of these market conditions over the previous couple of days. So, I hope you all were able to realize a significant amount of gains trading yesterday, and had some fun with the general market momentum!
So, we started the day with $SPY opening slightly green at $628.74. Market conditions were looking strong from open before we rallied stupid hard, going on to continually make new highs of the day for the first hour, and smashing previous all-time highs. Then, momentum ceased to exist for the next five hours as $SPY remained neutral, testing $630/631. We did watch as $SPY went on to make the official high of the day and all-time high trading at $631.54.
Markets continued to remain neutral at that level until we started to lead into power hour, where $SPY finally got its first inkling of bearish momentum. $SPY then quickly dropped $3 in the process to go on and make the official low of the day at $628.35, leading into close before bouncing and officially closing the day at $628.77, up $0.03 on an intraday basis, and up about 0.2% overall.
I am not going to say that it was a great day to attempt to trade yesterday, because unless you caught the momentum, you most likely had an extremely difficult time. Moments like this are the reason why I do not advise 0-DTE contracts, the movement early in the morning & the momentum we got later on in the day is great, but anyone who simply held any 0-DTE contracts at the top as $SPY remained at $631, assuming you didn’t manage that position 100% perfectly, most likely did generate losses for whichever trader attempted to allocate there. So, hopefully you all were able to realize a significant amount of gains yesterday and are excited about the market momentum we have today!
S&P 500 Heat Map - 07/21/2025
Thoughts & Comments for Today - 07/22/2025
Given the current market momentum, I can tell you with almost 100% certainty and confidence that today will be a bit more challenging to navigate due to the underlying conditions. Things may change, and we may watch as $SPY breaks out heavily, but I am telling you right now, going into today, I am not expecting much, nor a significant amount of bullish momentum, despite conditions continuing to remain strong. I am not stating that the markets are going to weaken or that you need to display a significant amount of bearish sentiment, but I just mean that these market conditions are going to be difficult to navigate with certain confidence while these underlying external factors continue to play it’s part. So please, continue to tread lightly, and consider the next moves you’d like to take in the markets.
Again, I believe that market conditions are strong and will continue to display relative strength for the short term inevitable future, we may get a couple days of bearish momentum in the process, but market conditions continue to remain strong and provide us with some great opportunities to trade with relative confidence.
If you are attempting to trade today, try and stick more to scalping and day trading equities. I still believe short term trading is going to be extremely difficult to do consistently due to a lack of market momentum as well as the active chop, but please, stay away from 0-DTE contracts today. If you catch the momentum, you will do phenomenally and will love these conditions, but if you are like 90% of traders yesterday who attempted to trade after that first rally, you’ll sit there and watch as you slowly burn premium throughout the day.
I will say, despite my strength and confidence in the markets, this is getting to the point where I will start to advise more caution, where you can start to slowly scale out of the positions that you have bought over the previous couple of weeks and held onto, that you are up significantly on.
These conditions are obviously going to be extremely difficult to capitalize on, but at the same time, with the difficulties we are seeing across the board, traders should have almost zero hesitation attempting to take profit. Again, I am not saying that the markets are going down, I am saying the opposite where I believe that we will continue to move up, but I would much rather you scale down your positions slowly, get out of plays with confidence, and watch as the markets move, than you see the top, got greedy, didn’t sell, and watched as you lost 75% of your gains before considering cutting. So, just my two cents. Again, I still recommend holding your strong positions, but if you are less than confident, it never hurts taking profits at all-time highs.
This is a warning to everyone, though. With the way the markets are trending and the confusion in the markets, I do want to warn you all about the possibility of a market sell-off. Yes, I am bullish, yes I am personally optimistic and allocated into long positions, No, I do not believe the markets are going to come down. However, this is a warning to everyone to be aware of what to expect over the next couple of weeks. With trade talks, and a significant amount of uncertainty stemming from the current political office, there is many different scenarios that realistically work out in our favor, but there are also a couple that simply do not. Assuming that we are in a situation where the markets weaken heavily extremely quickly, I will warn you that despite my optimism, we can very easily see $SPY back in the $580-600 range. I genuinely hope I am wrong and that is nothing to have to worry about here in the short term, but I am just voicing this now as we are expecting updates, news and more in the upcoming week. So please continue to tread lightly and prepare accordingly for the future, while navigating 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
Watchlist:
$SPY, $JEPI, $INTC, SOL, $RIVN, $TSLA, $NVDA, $BRK/B
LONG OPPORTUNITIES:
Long-Term Dividend - $GAIN / $JEPI
Long-Term Investment - $INTC
Economic News for 07/22/2025 (ET):
No News Scheduled
Notable Earnings for 07/22/2025:
Pre-Market Earnings:
Lockheed Martin Corp (LMT)
Philip Morris International (PM)
Coca-Cola Company (KO)
RTX Corporation (RTX)
D.R. Horton (DHI)
General Motors Corp (GM)
KeyCorp (KEY)
Tenet Healthcare (THC)
Danaher (DHR)
PulteGroup (PHM)
After Market Earnings:
SAP SE (SAP)
Intuitive Surgical (ISRG)
Enphase Energy (ENPH)
Matador Resources (MTDR)
Capital One Financial (COF)
Range Resources (RRC)
EQT Corporation (EQT)
Texas Instruments (TXN)
Baker Hughes (BKR)
Chubb Corporation (CB)
Wrap up
Hopefully market conditions strengthen, we make new all-time highs, and my fears on the market conditions completely fade away as markets go on and continue to rally with us. Again, I will say that I do expect to see more difficulties attempting to navigate and remain consistent today, so please tread lightly, practice safe risk management, and protect your bottom line today!!!!
This is going to be a lot of fun today. Good luck trading, and let’s kill it!