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

My Take of the Day Real Money Pro($)

My prinicipal "take of the day" was that the intraday  reversal in stocks was more "healthy" than not -- as such it was not a win for the shorts.
"Just one more thing."
| Apr 27, 2015
| 5:53 PM EDT
Points well taken.

Shorted More QQQ Real Money Pro($)

I shorted more QQQ (small) at $110.40 on the Apple (AAPL) ramp in after-market hours.

Reacting to Apple's Results Real Money Pro($)

Back of the envelope: The Apple (AAPL) beat does little in changing my variant and cautious thesis that the last important  iPhone product upgrade cycle is well advanced and that neither Apple Pay or the Watch will move the company's needle.
Subscriber Kim G comments below about Jim Cramer's view of a potential shift in inflationary expectations.
| Apr 27, 2015
| 4:02 PM EDT
Ed I read with interest your view that a lower US dollar could fuel stocks higher. I am less certain. As I hav...

Market on Close Real Money Pro($)

As of 3:48 p.m., there was $1.7 billion to sell market on close today.
| Apr 27, 2015
| 3:28 PM EDT
Earnings out tomorrow morning.

Tweet of the Day Real Money Pro($)

Spoos -16 handles from ATH's should make the FOMC want to launch another QE on Wednesday — Stalingrad & Poorski (@Stalingrad

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