Month: May 2026

Adding to $JOET ($43.25) and $GRNY ($26.90) shorts.

P.S.: $KMB and $PG have each rallied +$3 from their intraday lows and $PEP by +$2.

Position: Long KMB (M), PG (S), PEP (M); Short JOET (VS), GRNY (S)

Some speculation in social media that a draft for peace is imminent.

With S&P cash now +12 handles I am back re-shorting the indices:

* $SPY $742.80

* $QQQ $714.89

Position: Short SPY (VS), QQQ (VS) 

Benjamin Graham is turning over in his grave. pic.twitter.com/paqsEDaZMh

— John Arnold (@johnarnold) May 21, 2026

Position: None

all these dudes posting about anthropic’s profits without checking the fine print. (see my earlier tweet)

there’s some fine print i believe that n the openai result too, and a lot that has not been disclosed

the rest is just about hype https://t.co/O2KCANZISc

— Gary Marcus (@GaryMarcus) May 21, 2026

Position: None

* For emphasis…

So much for Nvidia’s cash flow. Wild. https://t.co/MdlUrFoJXh

— Gary Marcus (@GaryMarcus) May 21, 2026

Position: None

Here are today’s things:

* I sold indices short: $SPY at $741.71 and $QQQ at $713.01.

* I covered indices short: SPY at $738.68 and QQQ at $709.56.

* I added to $MSOS at $4.44, $CURLF at $3.30, $GTBIF at $7.19, and $VRNO at $1.08 — in the cannabis space.

* I shorted more $MS at $199.01.

* I shorted more $JOET at $43.06.

Position: Long MSOS (M), CURLF (VS), VRNO (S), GTBIF (VS); Short MS (S), JOET (VS)