Campbell Soup Company (CPB)

Prev Close 48.44
Day Low/High 48.48 / 49.16
52 Wk Low/High 44.53 / 54.08
Exchange NYSE
Shares Outstanding 303.01B
Market Cap 14.68B
Div & Yield N.A. (N.A)

Takeaways and Observations (3PM Edition)

I started the day with an important piece on bonds - at least I hope so. Sell 'em, short 'em!    Trade of the Week - long TBT (consistent with above).  Well off the opening, at $37.60 now - and that's a good thing.   So far, so good.  At 230PM yield...

Today's Trades, Such as They Are

My only trades in this session have been to add to longs in Campbell Soup $56.61 and Twitter $14.30.

The Good, the Bad and the Ugly (Mid-Afternoon Edition)

"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, " The Good, the Bad and the Ugly" No "Takeaways" today as its vacation time at the Kass household and I want to take a swim with my fam...

A Quick Stroll Around the Deck

A few odds and ends of note: Longtime fave Radian Group looks like it is making a move toward its old highs. Twitter is up about $0.40 in the early going. I add almost every day to this large holding. I appear to be in a minority of one! Bonds conti...

The Long and Short of It in Today's Trades

Thus far I have added to my iShares 20+ Year Treasury Bond ETF short at $121.78 and to my Campbell Soup long at $56.40 and ProShares UltraShort S&P 500 long at $13.54.

Takeaways and Observations (Early Edition)

"Doug Kass wrote an article today about how he fears the lack of fear in this market. I agree with Doug that lack of fear is an issue, but it goes further than that. What this market has missed for quite some time is strong emotion. There may not be...

Positions Update

I am market neutral with a relatively small gross exposure.   Longs: Allergan  large, Hartford Financial Services Group large, Twitter large, Campbell Soup large, Radian Group , and DuPont small. Shorts: SPDR S&P 500 ETF , PowerShares QQQ Trust , iS...

Takeaways and Observations: Market Reversal

"The rally in the face of today's data (detailed by Peter Boockvar in the previous post) tells me how much machines and algos dominate trading: a mild winter goosed construction jobs service job data is so-so ISM services has just given back the ent...

Here's Where I'm Adding

On the short side, I have added to ProShares UltraShort S&P 500 ETF and ProShares UltraPro Short QQQ ETF longs. I have also added to already large Twitter and Campbell Soup longs.

Today's Trades

I added to my iShares Barclays 20+ Yr Treas.Bond (ETF)  short ($121.70) and reestablished  ProShares UltraShort Lehman 20+ Yr(ETF)  long ($38.32). I added to Twitter long at $14.80 and Campbell Soup long at $56.90. I wouldn't be surprised if we have...

Lapping Up More Soup

I am aggressively buying Campbell Soup .

The Inside Scoop on Soup

While several sources reported that there was a large insider purchase of Campbell Soup , a closer inspection of the filing suggests it was a distribution of shares by ABD Investments LP to a beneficiary (Bennett Dorrance Revocable Trust) to pay off...

The Good, the Bad and the Ugly (2:00 p.m. Edition)

"It's not a joke, it's a rope, Tuco. Now I want you to get up there and put your head in that noose." -- Blondie, "The Good, the Bad and the Ugly" Its been a long week, so there will be no "Takeaways." Let's move to the abbreviated Monarch Notes for...

Mmmm Mmmm Good!

Break in! Campbell Soup is getting hot after 10% owner Bennett Dorrance Revocable Trust disclosed the purchase of 915,000 shares worth about $52.5 million (on Mar. 30). As I wrote in the last column, a guy can hope!

Scenes I Would Like to See

With apologies to Mad Magazine, here are some scenes I would like to see: Zurich Insurance announces the takeover of Hartford Financial at $62.50. Warren Buffett's Berkshire Hathaway acquires Campbell Soup at a price of $71.00 in a tax free exchange...

Ladling on More Soup

Campbell Soup  instituted a $1.5 billion buyback last week.   I am a buyer on any weakness ($57.10), like this morning.   There might even be a small $0.25-$0.50 day trade in it for those that do that sort of thing!

Going Longer in My Longs, Per Usual

I don't think a day goes by when I haven't added in a small way to my longs in Campbell Soup , Twitter and Hartford Financial Services Group . Today is no different! And that buying is another example of doing the Dougie.

Takeaways And Observations

For the first time in six years the DJIA fell for the eighth consecutive day. That said the Nasdaq has risen in ten of the last thirteen trading sessions as Donald Trump may be making volatility and uncertainty great again. (For that divergence and ...

Crankin' Out the Trades

I have added to my Campbell Soup , Hartford Financial Services Group  and Twitter longs. I have covered the balance of my Morgan Stanley and Goldman Sachs shorts and I have taken in the balance of my small money center bank shorts on the gap-down op...

Today's Trades

I just paid last sale and added to Hartford Financial Services Group Campbell Soup and Twitter longs.

The Good, the Bad and the Ugly (Early Afternoon Edition) 

FEB 27, 2017 ' 3:13 PM EST "You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, "The Good, the Bad and the Ugly"   As I will shortly be leaving, there will be no "Takeaways."...

Cramer: 3 Health Care Bill Scenarios, 3 Game Plans

Cramer: 3 Health Care Bill Scenarios, 3 Game Plans

Get your plan in place, but understand that the Republic is not in jeopardy.

Moving to Slightly Net Long (For Now), But Not For Long!

In keeping with my tactical strategy discussed in my opener, I am now slightly net long.   I have added to Twitter , Hartford Financial and Campbell Soup longs this morning.   I sold all my levered and inverse ETFs in the market's schmeissing earlie...

(Campbell) Soup Is Good Food

In case you missed the after-hours announcement by Campbell Soup last night: Campbell Soup announced a new $1.5 billion repurchase program after the close. CPB's equity capitalization is about $17 billion -- so this is nearly a 10% buyback. "Just on...

This Is No Time Bury Your Head in the Sand

"What Washington needs is adult supervision." --Barack Obama   Yesterday's opening missive, "Wall Street Blues," depicted an overvalued market, moderating U.S. economic prospects, elevated investor optimism and a new Administration that, arguably, a...

Campbell Soup Plans Big Buyback

"Just one more thing." -- Lt. Columbo   Campbell Soup has announced a new $1.5 billion repurchase program after the close.  CPB's equity capitalization is about $17 billion -- so this is nearly a 10% buybac

Today's Trades

I have covered some more of my life insurance stocks on this morning's continued gap down. I am now at tag ends in Metlife and Lincoln National shorts. (But, I plan to re-short strength of +5% or more from here). I haven't covered any of my money ce...

Takeaways & Observations

Risk happens fast.  Most don't short and shouldn't short -- it's a game that requires volumes of risk control.  However, I would continue to maintain well above-average cash positions.  Today was not a benign event, in my view.  Nor was it likely a ...

The Trump Trade Is Showing Signs of Weakness

The Trump Trade Is Showing Signs of Weakness

Stocks ended at session lows and with the worst losses of the year as the shine of the Trump rally wore thin.

Bidding for 4 'Keepers'

Until this afternoon, I have not owned any equities in my personal pension plan since the election. Today I am bidding for the following stocks (these are investments and not trades!): * Twitter at $14.55. * Hartford Financial at $47.75. * Campbell ...