Real Winners and Losers Emerge in Asia After Fed Meeting
Japan, Korea and Taiwan are setting new records, while a potential trade to exploit the high degree of leverage creeps into the system.
U.S. and Iran Sign MOU: 8 Key Items Shaping the Stock Market Thursday
Triple witching, Apple to boost prices and other headlines are moving stocks this morning.
My Impulse to More Aggressively Short the Indices at 4 AM
When I awoke at 3:30 AM I saw S&P futures +20 handles and the Nasdaq futures +255 handles.
What caught my eye was the outsized gain in the Nasdaq — even though Mag 7 stocks were flat to slightly lower at around 4 AM — it was all due to gaps in semi and memory stocks (especially $MU, $AMD and $SNDK):
I shorted $SPY and $QQQ because I don’t think that outsized influence and divergence continue for a host of reasons.
Position: Short SPY (M), QQQ (M)
Speculative Short Basket Doubled
I doubled the size of my speculative short basket this morning — and not for most homegamers.
My half life on these baskets are short and I am disciplined as this package includes such high-octane stocks as $SNDK, $MU, $AMD, $AMAT, $MRVL and $TSM among others!
In all likelihood I will cover the package by the end of the day — especially if the market averages keep falling.
Buying Rackspace Technology After Major AMD Agreement
We’re adding the name to our small-cap portfolio after an exciting announcement.
Here’s Our AMD Price Target as Top-Ranked Analyst Upgrades Stock
Amid the SpaceX hoopla, you may missed two of Wall Street’s best weighing in on the chip name. Plus, what to watch on the chart.
Forget AI, This Cash-Rich Name Is Quietly Outperforming Big Tech
The furniture company has no long-term debt, and sits on a cash position of more than $300 million heading into earnings.
Spotlight Shines on a SuRo Capital Position…And It’s Not the One You Think
It’s not OpenAI, nor is it affiliated with Nvidia.
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) ($499.90)
Positions: Short MU VS SNDK VS INTC VS AMD VS
BY Doug Kass · Jun 9, 2026, 9:50 AM EDT
Position: None
Covering Speculative Tech Shorts
Covered alot of my speculative tech short basket including these:
* AMD ($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