More Knocks on Wood

Avatar photo Doug Kass on September 16, 2026

* ARK’s Cathie Wood is touting $10 trillion of Starship revenue by 2020 after having loaded up in SpaceX’s shares… 

I’m not superstitious about ya
But I can’t take no chance
I got me spinnin’, baby
You know I’m in a trance
‘Cause your love is better
Than any love I know
It’s like thunder and lightning
The way you love me is frightening
You better knock, knock on wood, baby

– Eddie Floyd ,  Knock On Wood

I no longer will watch Cathie Wood who is often platformed on Comedy Central (I mean CNBC!) and treated as credible without any pushback (despite having lost a record $13 billion in her ARKK ETF ($ARKK) for investors):

Short ARKK VS

Things I Did Yesterday (And This Week)

Avatar photo Doug Kass on September 11, 2026

* Most importantly, after three down days in a row, I covered my medium-sized SPY short yesterday afternoon …

* I covered my short $SPY into the teeth of yesterday’s decline. 

From The Comments Section:

Dougie

With s and p cash -50 handles i am shorting october monthly puts against my short calls.

I also covered some of my short spy calls.

Essentially on the short oct puts i am taking in premium and locking in some profits from the drop in the indices over the last week.

I plan to reshort strength/rally…

* I added to my $MSOS common and calls.

* I reshorted Coreweave ($CRWV) at $99.34 (New)

* I shorted $ARKK at $86.12. (New)

* I added to $CVNA short.

* I covered most of my $GRNY and $JOET shorts.

* Bought back $GLD at $397.01

Position: Long MSOS common (VL) and calls (M), GLD (S); Short SPY calls and puts (M), CVNA common (VS) and puts (VS), CRWV (S), GRNY (VS), JOET (VS)