Daily Diary

Doug Kass

DATE:

Daily Diary

Doug Kass

DATE:

The Harder They Come, the Harder They Fall

Position: None

BY Doug Kass · Jun 24, 2026, 7:10 AM EDT

More Pithy Hedgeye Comments

Check out Keith’s chart:

Position: None

BY Doug Kass · Jun 24, 2026, 7:00 AM EDT

The Gospel According to The Divine Ms M

From Helene’s latest column “Signs of Speculation With a 4 Billion Share Penny Stock Trading Frenzy“:

Back on May 6th, Nasdaq had 122 stocks making new lows. Tuesday, there were 279 stocks making new lows. So, under the surface, we’re seeing a reduction in stocks making new highs and an increase in those making new lows. Not exactly the healthiest market.

Position: None

BY Doug Kass · Jun 24, 2026, 6:50 AM EDT

Hedgeye Asks…

Position: None

BY Doug Kass · Jun 24, 2026, 6:40 AM EDT

My Tweet of the Day

Maybe instead of venting daily and complaining about the formulaic programming and too often BS narratives on Fin TV (read @cnbc) – which are harmful to the finances of its viewers – I am considering highlighting the most wrong footed recommendations from panelists (once a day).…
— Dougie Kass (@DougKass)

Dougie Kass

@DougKass

·Follow

Maybe instead of venting daily and complaining about the formulaic programming and too often BS narratives on Fin TV (read @cnbc) - which are harmful to the finances of its viewers - I am considering highlighting the most wrong footed recommendations from panelists (once a day). Show more

9:04 AM · Jun 24, 2026

Cannabis Tweet of the Day

This is great to see! went under the radar initially…

Letter from the head of the California Department of Cannabis Control to the DEA advocating for the full rescheduling (Medical + Adult Use).

Thank you again @CAcannabisdept pic.twitter.com/vLsYOrlbvu
— Graham Farrar (@grahamfarrar)

Graham Farrar

@grahamfarrar

·Follow

This is great to see! went under the radar initially... Letter from the head of the California Department of Cannabis Control to the DEA advocating for the full rescheduling (Medical + Adult Use). Thank you again @CAcannabisdept

8:50 PM · Jun 23, 2026

110

Read 2 replies

Position: None

BY Doug Kass · Jun 24, 2026, 6:20 AM EDT

Tuesday Night Trading

Up, down, up, down, up, down. (I counted at least three moves of 25 handles, while I was awake trading!)

The Spoos were more active than a bed bug last night — moving, in aggregate about one percent.

I traded SPY and QQQ profitably/aggressively but since they are closed out there is no need (or value) to recap the specific trades.

I approach evening trading opportunistically — and find a lot of inefficiencies, perhaps explaining why about one-third of my trading/investing is done in the after and pre markets.

I currently have no index positions.

Position: None

BY Doug Kass · Jun 24, 2026, 6:05 AM EDT