General Motors Company (GM)

* Growth is underperforming and value is extended * Where is the beef (leadership)?  With the clear acceleration in the pivot from growth to value in the last 2-3 months, large cap growth stocks have been conspicuous in their underperformance. The p...

* Paradise Lost on the puts   I knew it!!!   Stocks closed out their lows, reversing the nice gains of the morning.   Breadth, which exceeded 3-1 hours ago, still ended 2-1.   Banks and selected were, once again, the world's fair -- along with value...

* In an attempt to remain transparent  To emphasize.  Yesterday I initiated a short in Carvana , added to my Index shorts and to Tesla .  I also sold out my entire and positions on the strength in the regular trading session and in the after hours. ...

I missed this one! (Mea culpa)   I have eliminated my GM long today based, too, on my ursine market view and the diminished upside vs. downside. This was posted earlier in the afternoon:   Jan 11, 2021 ' 01:25 PM EST DOUG KASS Reducing GM Long * Rea...

With the long sale of some General Motors , adds to ,  and shorts, and with new short -- I added to my net short exposure today. In weighting terms I am between medium and large-sized net short.  Thanks for reading my Diary today - I hope it held so...

* Reason? A deteriorating reward vs. risk  I have reduced my General Motors  long investment from medium-sized to small-sized just now.  GM is trading at $44.90/share (+$1.85).  GM was added to my Best Ideas List at $30.85 only four months ago.

* I find a record low number of stocks that meet my standards for purchase today * Book mark this missive! * Stated simply...   "You're betraying your whole life if you don't say what you think - and you don't say it honestly and bluntly." - Charles...

* As I predicted 13 months ago, the streets have grown violent in the aftermath of the election * But, markets have no conscience and are increasingly dispassionate * Structural changes - specifically the proliferation of "passive investing" - have ...

"I am going to write a good Diary on Real Money Pro today... and I am going to help people. Because I am good enough, I am smart enough and doggone it, people like me." -- Daily Affirmations With Dougie Kass Today's Affirmations is about Tesla's ent...

* In 2020 (despite broad February-March weakness) equities rose faster, valuations expanded far greater, and interest rates fell sharper than the consensus expected * 2021 could be a year in which the S&P Index shows little movement in the first hal...

* In late November I cautioned about the possibility that Covid-19 mutates - the evidence is now that it has  * Risk happens fast * Today's investors are greedy (speculation has run amok) when they should be fearful * Not since I was uber bullish in...

Oh-oh, what's love got to do, got to do with it? What's love but a second-hand emotion? What's love got to do, got to do with it? Who needs a heart when a heart can be broken? - Tina Turner, "What's Love Got To Do With It" What's more "real" -- the ...

Stocks sold off hard from the early morning highs -- with S&P 500 futures about negative 45 handles below the best levels.   Volatility weakened and then rose, coinciding with the breadth reversal (something I was laser focused on this morning).   I...

I give the day, thus far, slightly to the bears:  * Flat market breadth as the pivot from growth to value continues. * Limp recovery from Alphabet  , though well up from the day's low, and Amazon -$40 from intraday high print - that got taken to the...

* The foul odor of "Group Stink" and "first level thinking" emanates from auto and homebuilder sectors' bullish sentiment and in the bullish market interpretation of  rising home and auto prices * Consider selling car stocks and short/sell homebuild...