Grayscale Bitcoin Trust (GBTC)

Though NYSE breadth is 17-3, I see a sea of red on my monitor.  Ns over Ss.  The most speculative gewgaws are the upside feature ( , , etc.) while digital currency related issues (as cyrpto appears to be rolling over) continue to be downside market ...

ARK Invest continues to chase Twitter higher (+245k shares), and is adding to and .

Interesting to see cryptocurrencies lower this morning with digital peripheral plays ( , , , and ) all lower.  Meanwhile,  is bucking the trend lower and is +$5.40/share.    

I was hoping that we would see a Fin TV special tonight... "Crypto In Turmoil". Then I would know that I should buy more crypto related stocks.  But, alas, Bitcoin has rallied by about $10k.  It's very non Kass-like but I am still hanging in with my...

* With the crypto gewgaws  and are nearly +10% each off the panic purchases. is +5% and is flattish.

Given the cryptocurrency price crash, I just put together and purchased a small speculative long rental trade in secondary crypto equities:  * $21.90 * $19.56 * $29.40 * $8.56  I might be a Sixty Minute Man in these! 

* Maybe very soon!  With the speculative tertiary cryptocurrency plays getting obliterated in line with digital price "discovery" - and with some of the stocks -75% from the 2021 highs - I am assembling a speculative crypto equity package to BUY.  S...

* I remain a non consensus bear on bitcoin though "The Screw Elon Coin" may rip higher in price * My new favorite long, Coinbase, will likely be lower on the news and I will be adding on weakness  The PT Barnum of our generation, Elon Musk, made new...

* With the recent fall in cryptocurrency prices, down seven of the last eight days, the "cool kids" may be getting worried now * Are cryptocurrencies a giant fraud? * From my perch, and minority viewpoint, cryptocurrency holders are more lemmings th...

Watch the speculative crypto gewgaws fall today (e.g., , , , etc.): SHARES OF U.S.-LISTED CRYPTO & BLOCKCHAIN RELATED COS DOWN BETWEEN 1.5% AND 6% PREMARKET AFTER BITCOIN FALLS AS TURKEY BANS USE OF CRYPTO — *Walter Bloomberg (@DeItaone) April 16, 2...

* I ended the day in a large net short exposure (personally)   Some observations:   1. I was wrong on where I thought Coinbase would open, but I was correct that it should be be avoided (or shorted on the opening at $381) as it closed at $328. See "...

*Last week we looked at laggards to buy, today I look at shorts  Last week I looked at laggards I would buy - some, like Amazon , Twitter  and Walmart prospered:  Apr 01, 2021 ' 08:30 AM EDT DOUG KASS Looking at Laggards * On the long side While I f...

* My revised levels I don't want there to be any ambiguity about the size of my positions, or about my buy and short levels, as I strive for as much transparency as possible. This column is a continued commitment towards that sort of disclosure. "Wh...

Stock futures have continued their climb this morning (5:20 am) - with S&P futures +12 handles and Nasdaq futures +95 handles.  As I wrote in "There Is Always More Than One Cockroach":  "The 1966 season took its toll on Los Angeles Dodgers pitcher S...

The speculative gewgaws have lost their bids again and are falling back to earth.  , , , ,  , , etc., getting taken to the woodshed.  Usually this portends broader market weakness - but there is nothing normal about this market.  Meanwhile, in part ...

If I was trading I would probably be out of all my speculative gewgaw shorts - like , , , , , etc.  

* To this observer they are shorts on any strength  My speculative shorts --  (-9%), (-5%), (-5%), (-9%), (-7%), etc. -- continue to stink up the joint.

Yesterday the speculative gewgaws fell apart (e.g., , , and , etc.). Today the larger cap concept stocks are taking a fall ( e.g., , and ).