Small Trading Long in the Indices
I took a small trading LONG rental in the indices with S&P cash -86 handles.
* $SPY $730.81
* $QQQ $701.60
Position: Long SPY (VS), QQQ (VS)
Taking Profit on Index Shorts
With S&P cash only +6 handles and Nasdaq sinking just covered my Index shorts for a nice and quick profit:
* SPY ($SPY) $739.50
* QQQ ($QQQ) $714.58
From earlier:
More Shorts:
* SPY (SPY) $744.12
* QQQ (QQQ) $722.09
In my Index shorts I am emphasizing QQQ over SPY.
Positions: Short SPY S QQQ S
BY Doug Kass · Jun 9, 2026, 9:38 AM EDT
Positions: None.
More Shorts:
* SPY ($SPY) $744.12
* QQQ ($QQQ) $722.09
In my Index shorts I am emphasizing QQQ over SPY.
Positions: Short SPY S QQQ S
Added to Index Shorts
I added to index shorts:
* $SPY $742.91
* $QQQ $722.06
Position: Short SPY (VS), QQQ (VS)
Back Shorting the Indices
With S&P futures +31 handles and Nasdaq +215 handles, I am back shorting the indices:
* $SPY $742.48
* $QQQ $721.42
Position: Short SPY (VS), QQQ (VS)
Covered My Index Shorts
With S&P cash +22 handles (and near the day’s lows) I have covered the balance of my index shorts for a gain:
* $SPY $739.24
* $QQQ $715.18
Position: None
Things I Did Today
Here are today’s things:
* I shorted the indices:
$SPY at $743.26
$QQQ at $718.08
* Covered some SPY at $741.18 and $716.57 (I didn’t report this one promptly!)
* Shorted $GRNY at $27.18 and $JOET at $44.66.
* Added to $VRNO long at $1.135.
* Shorted $GS at $1,053.42 and $MS at $215.02
Position: Long VRNO (S); Short SPY (S), QQQ (S), GRNY (S), JOET (S), GS (VS), MS (VS)
5 Stocks With Relative Strength Right Now
Semiconductors are leading a bounce, but this is not a market that can be trusted.
Back Shorting the Indices
With S&P futures up by +53 handles I am back shorting the indices:
* $SPY $743.00
* $QQQ $714.95
Position: Short SPY (VS), QQQ (VS)