T. Rowe Price Group (TROW)

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.

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...

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 ...