Things I Did Today
Here are today’s things:
* I added to my $SPY at $771.44 and $QQQ at $728.34 shorts.
* I added to $MSOX at $1.86, $VRNO at $5.06 and $GLAS at $2.23.
Position: Long MSOX (S), VRNO (VS), GLAS (S); Short SPY (M), QQQ (VS)
Let’s Get Chai(er)!
Chief Administrative Law Judge Derek Julius’ cannabis decision was a singular victory for the industry (and rescheduling).
Here are some examples of responses from some learned cannabis observers:
I added to $MSOS and $MSOX on the news.
I will have more later on the space…
Position: Long MSOS common (VL) and calls (VS), MSOX (S)
Things I Did Today
Here are today’s things:
* Covered my index shorts very early (4:30 AM) premarket: $SPY at $746.05, $QQQ at $703.66 and $IWM at $295.66
* Shorted $GRNY at $37.58
* Added to cannabis: $TRLV at $8.67 and $MSOX at $2.51
* Shorted more $JOET at $45.29
* Sold some $PG long at $150.31
Position: Long TRLV (S), MSOX (VS), PG (VS); Short JOET (S), GRNY (L)
Things I Did Today
Here are today’s things:
* Shorted the indices: $SPY at $752.83 and $QQQ at $722.13
* Covered my index shorts for a profit: SPY at $749.63 and QQQ at $717.82
* Shorted $GRNY at $27.86 and $JOET at $45.83
* Shorted $JPM at $338.50 and covered it at $327.31
* Reshorted $JPM at $343.78
* Shorted $MS at $230.43
* Added to $MSOS at $4.65, $MSOX at $2.73, $TRLV at $8.85 and $VRND at $6.08
Position: Long MSOS (VL), MSOX (S), TRLV (S), VRND (S); Short GRNY (M), JOET (S), JPM (S), MS (S)
MSOS, MSOX Additions
Adding to MSOS ($MSOS) $4.48 and MSOX ($MSOX) $2.61.
Long MSOX L MSOX S
MSOX Buy
I bought an odd lot of MSOX ($MSOX) (not my favorite ETF, as leveraged!) at $2.66.
The message of the small buy is that the reward vs. risk in cannabis has grown more compelling over the last few days.
This is a trading rental (all levered ETFs are) and I could be out at any time.
Positions: MSOX VS MSOS L Indiivudal Cannabis Equities
Things I Did Today
Here are today’s things:
* Shorted $SPY at $749.07 and $QQQ at $743.67 — covered SPY at $744.80 and QQQ at $737.99.
* Added to $JOET short at $45.64 and $GRNY short at $27.63.
* Shorted a package of high-beta tech.
* Shorted more $MS at $227.32.
* Shorted more $IWM at $297.07.
* Added to longs $MSOS at $4.76, $MSOX at $3.00, $GTBIF at $7.55, $VRNOD at $5.55, $CURLD at $9.73 and $TRLV at $9.40.
Position: Long MSOS (L), MSOX (VS), GTBIF (S), VRNOD (S), CURLD (VS), TRLV (S); Short high-beta tech package, JOET (S), GRNY (M), MS (M), IWM (S)
Things I Did Today
Here are today’s things:
* Re-shorted $SPY at $746.68 and $QQQ at $736.53.
* Re-shorted $GRNY at $27.49 and JOET at $45.57.
* Added to cannabis longs: $MSOS ($4.69), $MSOX (new position) and GTBIF ($7.49).
* Shorted more $MS at $228.47.
Position: Long GTBIF (S), MSOS (VL), MSOX (VS); Short SPY (S), QQQ (S), GRNY (VS), JOET (VS), MS.