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)
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)
Out of indices for a very quick profit:
* $SPY $738.27
* $QQQ $708.61
Position: None
I’m taking a small trading long rental in the indices:
* $SPY $736.37
* $QQQ $705.04
Position: Long SPY (VS), QQQ (VS)
With S&P futures -73 handles (following large declines in reporting companies CrowdStrike ($CRWD) and Broadcom ($AVGO) I am covering some of my shorts from yesterday and this morning:
* $SPY $752.18
* $QQQ $741.69
From last night and during Tuesday’s regular trading session:
At 4:55 PM Tuesday I added to index shorts:
Position: Short SPY (L), QQQ (L)
BY Doug Kass · Jun 3, 2026, 5:45 AM EDT
I moved from large-sized to medium-sized.
Position: Short SPY (M), QQQ (M)
In one of the first times in a long time, I am adding to my short index position on weakness:
* $SPY $755.35
* $QQQ $744.58
Position: Short SPY (L), QQQ (L)
With the sizable rally in the Nasdaq to positive I have added to my index shorts:
* ($SPY) $756.75
* ($QQQ) $746.52
Positions: Short SPY L QQQ L
At 4:55 PM Tuesday I added to index shorts:
* $SPY $760.02
* $QQQ $746.92
Position: Short SPY (L), QQQ (L)
With S&P futures down by only -5 handles (they were -33 at the lows last night when I was covering), I am back shorting the indices:
* $SPY $757.99
* $QQQ $742.47
Position: Short SPY (M), QQQ (M)
