There Are 2 Ways to Trade Earnings Reports. Only One Is a Real Strategy.
Most investors treat earnings reactions like a bet at the casino. Here’s the smarter approach.
Market in No Rush to Buy Dips Ahead of Big Tech Earnings
The action quickly turned dreary as there has been no rush into stocks despite sharp pullbacks.
To Whom It May Concern…
The semis are wobbling and everyone is talking about Korea. No wonder we’re starting to see some concern. Just don’t call it panic.
Don’t Be Fooled. There’s Ugliness Hiding Under the Surface.
The indexes Thursday did not reflect the carnage in recent leaders and chip names and the ‘aroma of fear.’
Covering Index Shorts
With this intraday drop I am covering my Index shorts for a quick profit:
* SPY ($SPY) $753.73
* QQQ ($QQQ) $716.97
From earlier:
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) $723.12
I plan to scale on any more strength.
Positions: Short SPY S QQQ S
BY Doug Kass · Jul 15, 2026, 9:47 AM EDT
Positions: None.
Sizing Up to … Small on Index Shorts
I have moved from very small to small-sized short the indexes:
* SPY ($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.