Prev Close | 169.65 |
Open | 169.46 |
Day Low/High | 168.79 / 172.76 |
52 Wk Low/High | 82.51 / 161.13 |
Volume | 562.98K |
Prev Close | 169.65 |
Open | 169.46 |
Day Low/High | 168.79 / 172.76 |
52 Wk Low/High | 82.51 / 161.13 |
Volume | 562.98K |
Exchange | NASDAQ |
Shares Outstanding | 227.95B |
Market Cap | 38.35B |
P/E Ratio | 17.57 |
Div & Yield | N.A. (N.A) |
I have just sold my trading long rental for a nice gain. This follows the profitable sales of and recently. That day, I also purchased and - despite the sharp gains (particularly in Procter), I am holding on to these.
Back in mid-March I established five new long positions: Mar 17, 2020 ' 01:01 PM EDT DOUG KASS 5 New Long Positions In addition to materially adding to existing longs, I have established new long positions (some are trades, other investments) in the...
Over the last few days I have established new positions in , , , , , , , , , , , and some other more speculative investments. I also initiated a long S&P futures position which I will jettison on an extension of this rally (if it occurs).
* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...
I added to , , , , , , and this morning. A reminder that yesterday I initiated new positions in , , , , and .
In addition to materially adding to existing longs, I have established new long positions (some are trades, other investments) in the following equities this morning: , , , and .
Boy, was I wrong for covering my , and shorts. Mea culpa.
I am taking ($260), ($114.40), ($21.50), ($50) and ($119) off of my Best Ideas (short) List.
At or right after the opening I covered the following trading shorts: , , and .
For those that are keeping score, I am very liquid today... Longs: , , , , , , , , , , and Shorts: , , , , , , , , , and __________ Long FDX (large), GLD (small), KSS, KHC (large), PZZA, TWTR (large), VIAC (large), M (large), GE (small), C, BAC, W...
I have orders in (slightly below the market) to add to my longs in , , and . I have orders in (slightly above the market) to short , , , and . __________ Long TWTR (Large), KHC (large), CGC (large), AMZN (large). Short TROW, BX, MU (large), CAT (lar...
* Bank earnings, to begin to be reported this morning, will mostly be in line to modestly higher than consensus expectations. * In this quarter, bank EPS will begin to improve and grow relative to the S&P - with flat to slightly higher operating pro...
* Only three of eleven S&P sectors are viewed as attractive * I am in a risk off state of mind. Back in 2015 I instituted a new regular feature called "Sectors," in which I periodically offered my short-term (6-12 months) price outlook for each of t...
My favorite short sector investment managers (Franklin Templeton Investments and T. Rowe Price Group Inc ) are rolling over, again. My short thesis.
My favorite short sector remains the investment management stocks - and . The stocks are rolling over. I am large-sized in both and recently added to BEN. BEN, in particular is now breaking down badly - down by another -3% to a new recent low of $2...
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. "When the time comes to buy, you won't want to." --Walter Deemer "When the time comes to sell, y...
I have reduced from very large-sized to medium-sized my investment management shorts. at $30.50 and at $105.80. I still like the short concept, but reward vs. risk has deteriorated - necessitating downsizing the positions.
* Mr. Market is underpricing risk and I am trading and investing accordingly * I added new positions in DB and VXX * I sold my gold long GLD I have been increasingly active (and bearish) over the last week: * I have added to my bond short - now very...
* Out of the balance of my small long. * Added to my large and shorts at $290.90 and $185.98, respectively. * Added to money manager shorts and at $34.42 and $107.20, respectively. * Added to short at $51.35. * Added to short at $200.07.
* 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 "When the time comes to buy, you won't want to." - Walter Deemer I promised to update my "Level...
I have added to the following shorts today: , , , and . All of this are now large-sized.
I suggest avoiding all three over the next few months and over the remainder of the year.
Here are my main takeaways from today's action: * Down from the "get go." * The Russell underperformed the senior averages. * Breadth at 676 advancers and 2,275 decliners on the NYSE says it all. * And so does the yield on the 10-year U.S. note whic...
* Some fund managers are so desperate to attract capital that they are offering a negative fee model (that will pay investors to manage their money!) * A toxic cocktail is brewing in the money management space About a month and a half ago, Tobias Le...
The massive plunge in TSLA shares of late indicates that Wall Street has lost faith in its ability to execute on disruptive technologies.
Today's trades included the purchase of and near-dated puts, and more shorts put on in Semis ( and ) and Asset Managers ( and ). I added to my large long. I liquidated my holdings in , and . As a result, I raised my net short exposure of my portfoli...
My long book is down to small positions in , , and . Mediums sized in . And large positions in (actually very large as I have been adding), , , , , L and . My short book includes small to medium sized positions in , , , , and large positions in and ...