Wall St. Takes Hit on Iran Fire, SpaceX Takes Off, Middle-Class ‘Struggle’
Iran ceasefire looks near collapse; SpaceX valuation at $1.75 trillion; Beige Book sees some in middle-income bracket ‘struggling more.’
Iran ceasefire looks near collapse; SpaceX valuation at $1.75 trillion; Beige Book sees some in middle-income bracket ‘struggling more.’
I covered my speculative stock package of shorts for a small profit:
* ($AMD) $516.69
* ($MU) $955.57
* ($SNDK) $1,666.17
Positions: None.
Once again I have shorted a speculative basket of high-octane stocks (in premarket trading), including (but not restricted to) the following:
* $AMD $523.01
* $MU $957.02
* $SNDK $1682.15
Position: Short MU (VS), AMD (VS), SNDK (VS)
SanDisk is enjoying a surge ever since it was spun off by Western Digital, but how far can it go?
I covered this morning’s speculative package shorts (still there with what I started the day short, though!)
* ($MU) $917.99
* ($SNDK) $1576.55
* ($AMD) $494.12
From earlier today:
I (unemotionally) added to my speculative short package in premarket:
* (MU) $972.02
* (SNDK) $1,632.11
* (AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS
BY Doug Kass · May 27, 2026, 8:54 AM EDT
I (unemotionally) added to my speculative short package in premarket:
* ($MU) $972.02
* ($SNDK) $1,632.11
* ($AMD) $515.09
Given the volatility I will remain very small in these trading short rentals.
Again, this is not for homegamers – I am just being transparent.
Positions: Short MU VS SNDK VS AMD VS