Wall St. Cashes Out, Peace Deal Crashes Out, Semiconductors Smashed Up
Let’s check the fighting with Iran, why Wall St. is cashing out, how far the semis fell, and why inflation numbers are more nuanced than they appear.
Ready for the SpaceX IPO?: 8 Key Items Shaping the Stock Market Thursday
Trump and Iran, May PPI, Oracle’s spending, potential OpenAI price cuts, and other headlines moving stocks this morning.
May CPI, End to Ceasefire?: 8 Key Items Shaping the Stock Market Wednesday
TSM’s May revenue, SpaceX’s oversubscription, bank stress tests, and other headlines are moving stocks this morning.
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) ($499.90)
Positions: Short MU VS SNDK VS INTC VS AMD VS
BY Doug Kass · Jun 9, 2026, 9:50 AM EDT
Position: None
Google Likes Intel. Nvidia Appears to as Well. And So Do I
Here’s how I’m going to handle this tech name as Alphabet and Nvidia reportedly eye INTC as backup to Taiwan Semiconductor.
Covering Speculative Tech Shorts
Covered alot of my speculative tech short basket including these:
* AMD ($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
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
From Meltdown to Manic Monday: Erratic Tech Trade, Peace-Fire, Grumbling Chart
Let’s check the latest on the supposed peace deal, make sense of the hot-and-cold tech trade, and sort through the crowded IPO filings.
5 Stocks With Relative Strength Right Now
Semiconductors are leading a bounce, but this is not a market that can be trusted.
While the Others Rally, This VIX Indicator Screams Caution
It’s an either/or market. The others made their move today, but the VIX may be ready to pop.