Covering All Index Shorts

I covered all my index shorts on the whoosh lower:

* SPY ($SPY) $738.09
* QQQ ($QQQ) $713.55

Its going to be a wild and volatile day today.

 I want to be opportunistc.

I want to sell strength.

Positions: None.

Covering Index Shorts

I covered some index shorts on the sell off:

* SPY ($SPY)  $738.76

* QQQ ($QQQ) $715.17

From earlier:

Early Morning Trading

Dougie Kass

Added to Index shorts at 540AM

SPY $743.19

QQQ $721.05

Position: None

BY Doug Kass · Jun 12, 2026, 7:17 AM EDT

Positions: Short SPY S QQQ S

My Cost Basis

The cost basis of my last index shorts (done with S&P cash +105 handles):

* $SPY $736.04

* $QQQ $711.09

Position: Short SPY (S), QQQ (S)

There Was More Than One Comeback Last Night!

* The NY Knicks had the greatest comeback in NBA Finals Playoff history

* The S&P and Nasdaq futures’ recovery was not far behind…

S&P futures were -45 last night (at the lows) and are now +55 handles — a rally of +100 handles on no news!

I am covering the balance of my index longs from last night (at 508 AM):

* $SPY $731.39

* $QQQ $702.46

From last night:

Dougie Kass10h ago

I have reestablished a trading long rental in the Indices: 
* SPY  $723.35
* QQQ $690.05

Dougie Kass 9h ago

The after hours has grown volatile.

Futures were down 45 handles from the close, now -17 handles 

I want to enjoy the Knicks game.

I covered 745PM most of my Index longs for a small profit – now very small: 

SPY $723.55

QQQ $691.53  

Position: None