Sizing Up to … Small on Index Shorts
I have moved from very small to small-sized short the indexes:
* SPY ($SPY) $755.12
* QQQ ($QQQ) $723.12
I plan to scale on any more strength.
Positions: Short SPY S QQQ S
Early Morning Trading (5 AM)
I am back shorting the indices:
* $SPY $753.78
* $QQQ $723.52
Position: Short SPY (VS), QQQ (VS)
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)
My Comment of the Day: Shorting Indexes Again
Dougie Kass
just now
Back shorting the Indices on the better inflation print (but oil is rising again) – its rear view mirror:
SPY $752.83
QQQ $722.13
Positions: Short ($SPY) VS ($QQQ) VS
Someday (And That Day May Never Come) Hyperscaler and Memory Stocks Will Both Decline
* And that will be something to see in the QQQs…
QQQs ($QQQ) -$8.30 this morning…
“Good… Until that day accept this gesture as a gift on my daughter’s wedding day.”
– The Godfather The Godfather Someday, and that day may never come, I will call upon you to do a service for me.
Buono sera!
Positions: None.
Going Small on SPY, QQQ
Moved to small-sized index shorts:
* SPY ($SPY) $753.10
* QQQ ($QQQ) $723.35
Positions: Short SPY S QQQ S
Morning (Short) Additions
Added to following shorts:
* SPY ($SPY) $752.76
* QQQ ($QQQ) $722.46
* GRNY ($GRNY) $27.86
Positions: Short SPY VS QQQ VS GRNY M
Things I Did Yesterday
Here were yesterday’s things:
* New short position — Bloom Energy ($BE) at $265.39
* New option position — Bought Nvidia ($NVDA) puts
* Reshorted $SPY at $748.88 and $QQQ at $722.58
* Shorted $GRNY at $27.81
* Shorted $JOET at $45.97
* Reshorted Morgan Stanley ($MS) at $223.61
* Supersized long $MSOS at $4.46
Position: Long MSOS (VL), NVDA puts; Short SPY (VS), QQQ (VS), MS (S), GRNY (M), JOET (S), BE (S)
Semiconductors Lead, but the Chip Story Is Changing
Even as semiconductors continue to power the market higher, chip makers face a $1 trillion question.
Chip Heavyweight Hynix Projected for $28 Billion Record IPO
Shares in the Korean semiconductor firm are set to list on Friday and raise a record amount for a company based outside of the U.S.