Programming Note
I have two research calls at 12:45 and 1:30 today.
Radio silence.
Position: None
Back to Neutral
I am back to market neutral.
Position: None
We’re Initiating a New Position in a Trucking Play
The intersection of rising utilization levels, a pending EPA emission mandate, and the One Big Beautiful Bill have us making this move.
I SPY a Quick Profit
I sold my $SPY for a quick profit at $729.81.
From earlier:
SPY Buy
Buying SPY (SPY) at $725.45 on the Pentagon news.
Positions: Long SPY S
BY Doug Kass · Jun 11, 2026, 11:11 AM EDT
Position: None
Adding to 2 Longs
I added to $AMZN at $236.74 and $MSFT at $386.78
Position: Long AMZN (S), MSFT (S)
Morgan Stanley Deal Makes it a Good Time to Add to This Biotech Name
A $23 million move by the small-cap concern has me looking to increase my position.
Back Long on These Two
I have re-established longs in two tech stocks:
* $AMZN $236.90
* $MSFT $388.39
Position: Long AMZN (S) MSFT (S)
CNN Report
Here is the CNN report:
Multiple Pentagon floors locked down, evacuated due to ‘hazardous materials incident’
Position: None
Late Morning Market Stats and Charts
– NYSE volume 16% below its one-month average;
– Nasdaq volume 8% below its one-month average;
– VIX index: down 0.59% to 22.09
Positions: None.