Doug Kass is the president of Seabreeze Partners Management Inc. Until 1996, he was senior portfolio manager at Omega Advisors, a $6 billion investment partnership. Before that he was executive senior vice president and director of institutional equities of First Albany Corporation and JW Charles/CSG. He also was a General Partner of Glickenhaus & Co., and held various positions with Putnam Management and Kidder, Peabody.Expand

Kass received his bachelor's from Alfred University, and received a master's of business administration in finance from the University of Pennsylvania's Wharton School in 1972. He co-authored "Citibank: The Ralph Nader Report" with Nader and the Center for the Study of Responsive Law and currently serves as a guest host on CNBC's "Squawk Box."Collapse

Repeating for emphasis.   I am shorting the tax reform news which appears to be an "all in" bet on supply side economics' ability to ca…
Chart of the Day

Netflix Getting Hit Real Money Pro($)

Break in! Netflix (NFLX) is getting hit following news that the FCC will propose to roll back net neutrality rules.
After the good 2-year note auction yesterday, the 5-year auction today was more mixed to the soft side. The yield was above the when issued but the bid to cover was slightly above the previous 12-month average. Direct and indirect bidders took 63% of the auction vs. the one-year average of 68%. That is the least since July 2016 and thus left dealers with the most amount since then in any one 5-year auction.

Hospital Stocks Hit Real Money Pro($)

Break in! Hospital stocks getting hit on the news that the Freedom Caucus has endorsed the President's new healthcare bill.  

Adding to Twitter Long Real Money Pro($)

I have added (small) to my Twitter (TWTR) long -- just now at slightly under $16.   My update and analysis of the Twitter quarte…
Optical stocks are being taken to the woodshed today --  Oclaro  (OCLR) -$0.86 (-10%), Lumentum (LITE) -$2.15, MACOM Technology…

Pouncing Real Money Pro($)

I am now pouncing (more aggressively) on the short side.  
"I see trees of green Red roses too I see them bloom For me and you..." - ' What a Wonderful World,' Louis Armstrong    …

Waiting to Pounce Real Money Pro($)

Bond prices are gaining and the 10-year yield just broke (ever so slightly) 2.32%. Meanwhile, Nasdaq still holding but doesn't seem to have t…


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