Back to Large on MSOS
I’m Back to large on $MSOS at $5.49.
Position: MSOS (L)
Brokerage Shorts Covered
I covered my brokerage shorts just now:
* $GS $1015.69
* $MS $207.43
Position: None
Small Trading Long in the Indices
I took a small trading LONG rental in the indices with S&P cash -86 handles.
* $SPY $730.81
* $QQQ $701.60
Position: Long SPY (VS), QQQ (VS)
Final Prices on 4 Covers in Tech Short Basket
Here are the prices of my last and final covers of a portion of my technology short basket:
* $MU $927.78
* $SNDK $1,692.97
* $INTC $107.60
* $AMD $474.95
These stocks were put out at around 10 AM at:
Reveal: Some of My Morning Speculative Tech Basket Shorts
Here is a portion of my speculative tech short basket (and entry on short in parentheses):
* MU ($MU) ($991.10)
* SNDK (SNDK) ($1,736.80)
* INTC (INTC) ($113.03)
* AMD (AMD) ($499.90)
Positions: Short MU VS SNDK VS INTC VS AMD VS
BY Doug Kass · Jun 9, 2026, 9:50 AM EDT
Position: None
Charting the Late Morning Market Moves
Positions: None.
Covered Rest of Speculative Tech Shorts
With S&P cash -38 handles I have covered the balance of my speculative tech short basket.
Positions: None.
Covering Speculative Tech Shorts
Covered alot of my speculative tech short basket including these:
* AMD ($AMD) $485.23
* MU ($MU) $947.46
* SNDK ($SNDK) $1729.33
* INTC ($INTC) $109.17
From earlier:
Reveal: Some of My Morning Speculative Tech Basket Shorts
Here is a portion of my speculative tech short basket (and entry on short in parentheses):
* MU (&MU) ($991.10)
* SNDK (SNDK) ($1,736.80)
* INTC (INTC) ($113.03)
* AMD (AMD) ($499.90)
Positions: Short MU VS SNDK VS INTC VS AMD VS
BY Doug Kass · Jun 9, 2026, 9:50 AM EDT
Positions: Short AMD VS MU VS SNDK VS INTC VS
Taking Profit on Index Shorts
With S&P cash only +6 handles and Nasdaq sinking just covered my Index shorts for a nice and quick profit:
* SPY ($SPY) $739.50
* QQQ ($QQQ) $714.58
From earlier:
More Shorts:
* SPY (SPY) $744.12
* QQQ (QQQ) $722.09
In my Index shorts I am emphasizing QQQ over SPY.
Positions: Short SPY S QQQ S
BY Doug Kass · Jun 9, 2026, 9:38 AM EDT
Positions: None.
Subscriber Comment of the Day (Part Deux)
Boldface is my emphasis:
Rolf Thrane
There are people knowingly making false statements and misleading investors. I will not name names or institutions, but this is no different from what happened during the financial crisis, which I saw up close.
Then, the fraud was built around the supposed creditworthiness. Today, it is built around the supposed economic worthiness of AI infrastructure, future demand, utilization, profitability, and sustainability.
Trillions are being committed on the back of claims that are not supported by the economics. Much of the demand is manufactured and subsidized. It is being presented as durable and profitable when it is not.
Calling that innovation, optimism, or a long-term investment thesis does not change what it is. When people knowingly state that the economics work — when they know they do not — they are misleading investors.
Position: None