Early Morning Trading (4:30 AM)

Avatar photo Doug Kass on July 22, 2026

With S&P futures -23 handles and Nasdaq futures -225 handIes I covered my index shorts for a profit:

* $SPY $746.05

* $QQQ $703.66

* $IWM $295.66

From yesterday:

(An Updated) Things I Did Today

Here are today’s things:

* Shorted SPY at $748.67, QQQ at $709.06 and IWM at $295.97(all very small) 

* In cannabis land, I added to these longs: GTBIF at $7.10, TRLV at $8.79 and VRNO at $5.69  

* Added to PEP long at $134.57

* Shorted GRNY at $27.52 and JOET at $45.28

Position: Long PEP (S), GTBIF (S), TRLV (S), VRNO (S); Short SPY (VS), QQQ (VS), IWM (VS) GRNY (M), JOET (S)

BY Doug Kass · Jul 21, 2026, 2:30 PM EDT

Position: None

(An Updated) Things I Did Today

Avatar photo Doug Kass on July 21, 2026

Here are today’s things:

* Shorted $SPY at $748.67, $QQQ at $709.06 and $IWM at $295.97(all very small)

* In cannabis land, I added to these longs: $GTBIF at $7.10, $TRLV at $8.79 and $VRNO at $5.69  

* Added to $PEP long at $134.57

* Shorted $GRNY at $27.52 and $JOET at $45.28

Position: Long PEP (S), GTBIF (S), TRLV (S), VRNO (S); Short SPY (VS), QQQ (VS), IWM (VS) GRNY (M), JOET (S)

Shorting All 3 Indices

Avatar photo Doug Kass on July 21, 2026

I shorted very small all three indices:

* $SPY $748.72

* $QQQ $709.25

* $IWM $295.97

I plan to work on a scale higher — with a wide berth.

Position: Short SPY (VS), QQQ (VS), IWM (VS) 

Covering Index Shorts

Avatar photo Doug Kass on July 15, 2026

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.

Things I Did Today

Avatar photo Doug Kass on July 14, 2026

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)