Earnings After the Close Wednesday and Before the Open Thursday
After the Close Wednesday 05-27-2026
Before the Open Thursday 05-28-2026
Position: None
Expanding My Index Shorts
With S&P cash +6 handles, I am expanding my index shorts:
* SPY $750.76
* QQQ $729.64
Position: Short SPY (M), QQQ (M)
Howling About Micron
Wolf Street howls about the “WTF AI Mania Chart of the Year.”
Position: None
Programming Note
I just finished a research call and I have another one at 1:15 PM.
I should be back in 45 minutes.
Position: None
Late Morning Breadth, Sectors and Movers
Breadth
S&P 500 Sectors
% Movers
Position: None
Nvidia Since Earnings
I believe Nvidia’s share price is down every day since its earnings release.
The stock is down another five beaners this morning.
More Tales From Nvidia: A Lesson on Valuations of Cyclical Equities (Issue #197!)
Position: None
More Covering
Covered some ($MS) at $197.45 and I am putting those shares back short out at $200.55.
Positions: Short MS M