|Day Low/High||121.70 / 124.95|
|52 Wk Low/High||99.86 / 221.00|
In case you guys left early I wanted to repost my closing column from yesterday as it has a message attached to it: Jul 26, 2021 ' 06:04 PM EDT DOUG KASS Super Stonks! "The concept of valuation is a deeply fascinating philosophical rabbit hole. The ...
"The concept of valuation is a deeply fascinating philosophical rabbit hole. The traditional way of valuing a security (i.e., determining its worth, or intrinsic value), henceforth known as The Stupid Way™, was to estimate future cash flows and mayb...
Let's look at inflation and government spending to see why good-value stocks are the way to go -- no matter what the pols say.
A number of the shorts on my Best Ideas List are getting schmeissed today: * Tesla was placed on the List at $688 on 6/29/2021. Trading at $664 and down $5 today. * was placed on the List at $238 on 6/1/2021. Trading at $172 and down $7.70 today. * ...
I am bidding for ViacomCBS (below the market) and offering Beyond Meat short (above the market). I will try to publish a new "Levels" column early tomorrow morning.
I remain manifestly bearish on both stocks (value, growth and meme), bonds, Bitcoin and NFTs.
"Trumpets and violins I can hear in the distance I think they're calling our names Maybe now you can't hear them, but you will If you just take hold of my hand Ah! But are you experienced? Have you ever been experienced? - Jimi Hendrix, Are Your Exp...
* I am respectful of the market's momentum, fueled in large measure, by the liquidity delivered by our fiscal and monetary authorities * And though I have expressed multiple fundamental concerns (in the past and in this missive) I am still not net s...
If speculation is coming back into the market, then buying the breakouts and winners is the way to go.
I am placing Beyond Meat on my Best Ideas List (short) at $149/share now. I am also placing AMC Entertainment on my Best Ideas (short) at $34.09 now. I will likely be buying puts on both next week.
* Add BYND to the speculative and overvalued gewgaws like GameStop and AMC Entertainment "At first blush Beyond Meat (BYND) appears to be setting itself up for a big quarter with deals with McDonald's (MCD) and China KFC (YUMC) , so it runs, until ...
I want to start with a blank slate, or a blank face, devoid of blush to find out what's really going on.
This is for the fools who keep selling AMC and GameStop to the mobs that are determined to take them higher -- and I've got a buy-list for the WallStreetBets crowd.
Let's look at the many positive story lines out there -- which having nothing to do with the Fed -- and what they mean for investors.
Here's a followup from my May 2020 stock picks and how they played out during the pandemic year.
The stock is ideal for an investor looking to add some speculation to a portfolio lacking such a product.
The market's catalyst had everything to do with the virus... optimism that humankind might stuff that scourge back into Pandora's box.
Amazon.com, Beyond Meat and Qualcomm are the three stocks that are worth stalking.
Beyond Meat is rising after a partnership with Pepsi was announced. Let's check the charts.
Overall the action is relatively mild, which is quite healthy after the chaotic 'flash crash' that occurred yesterday.
Has Thursday's rally made a significant change to the charts?
Salesforce.com and Beyond Meat appear to be on sale and are presenting interesting trade setups that are worth tracking.
Long histories of annual dividend increases make Hormel Foods and McCormick & Co. attractive income plays.