Not Losing My Memory Shorts

In response to some subscriber emails I am maintaining a small portion of my high-beta, high-tech short package – including (but not restricted to ($SNDK), ($MU), ($CAT), ($INTC), ($AMD), ($AMAT), ($CRWV) etc.)

Positions: Short Package VS (including stocks mentioned above)

Short Basket Update

Another leg lower for momentum, high beta tech (part of my short basket).

I am sticking with the remainder of the basket even though some of the drops have been dramatic:

Today’s Selected Price Changes in Short Basket 

* SNDK ($SNDK) -$255

* CAT ($CAT) -$58

* CRWV ($CRWV) -$15

* INTC ($INTC) -$11

* MU ($MU) -$98

Position: Short Basket

High-Beta Tech Covering

I covered one half of my high-beta high tech short basket on the whoosh lower in the Nasdaq.

Some of the decline have been dramatic (e.g ($CRWV) -10%; ($SNDK) (-$200) etc.

I would reshort on strength.

Positions: Short high-tech basket; VS Short SNDK VS CRWV VS