Shorts Update

With these index shorts I am moving closer to medium-sized:

* SPY  ($SPY) $753.96
* QQQ  ($QQQ) $741.72

Positions: Short SPY S QQQ S 

Overnight Trading

I moved from VS to S in index shorts overnight, coincident with the strong rally in stock futures (+96 handles S&P +655 Nasdaq :

* $SPY $751.25
* $QQQ $737.20

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

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