ViacomCBS Inc. Class B (VIAC)

Prev Close 39.25
Day Low/High 38.80 / 39.95
52 Wk Low/High 14.39 / 101.97
Exchange NASDAQ
Shares Outstanding 645.97B
Market Cap 25.35B
P/E Ratio 21.00
Div & Yield N.A. (N.A)

My Message Is Simple: Sell Stocks Now  

* 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...

Dealing With, Interpreting, and Understanding the Market Consequences of a Dark Day in History

* 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 ...

My Biggest Mistakes of 2020

* There were many! Among my biggest mistakes included: * Selling ViacomCBS * Selling Disney , Facebook , Morgan Stanley and Goldman Sachs prematurely * Selling cannabis stocks * Shorting Apple * Not buying AAPL * Not sticking with my Zoom Video shor...

The Stock That I'm Not Long but Want to Be Is Disney

The Stock That I'm Not Long but Want to Be Is Disney

DIS is betting the farm for now on expanding its streaming video services.

My Biggest Mistake of the Year

Selling ViacomCBS - not even maybe.  Really stupid.

Some Trades and Observations

* Added to my Index shorts, sold off some more Disney . * New 52 week high Walmart . * Banks are up by over 2%, +1.7% * Value winning - my two value ETFs -- and  -- are +1.2% and +2.1%, respectively - against S&P +0.7% and +0.4%. * Offering some , a...

Appomattox Moment Needed, Surging Semis, Powell's Plea, Peloton Pelted

Appomattox Moment Needed, Surging Semis, Powell's Plea, Peloton Pelted

Plus, the rising possibility that the Senate may not remain in Republican control should give investors pause.

Improving Breadth and an Impressive Follow-Through of Market Strength

* The Nasdaq rose by 300 handles and the S&P advanced by 67 handles * The market was easy to dance to and had a good beat- I give this trading day a "95" "My name is Dougie Kass and I am 19. I am from Rockville Centre, Long Island, and I rate this t...

Some Individual Stock Observations

Walmart is a beautiful thing to watch (up by another +$3 today) And so is our Trade of the Week, Amazon (+$43/share today). Twitter and Alphabet ain't half bad, either! (+$3), a recent buy, recovering from yesterday's weakness. is jiggy. (The Smarte...

New Buy (and Short) Levels

* 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. "When the time comes to buy, you won't want to." -- Walter Deemer "When the ...

The Future of ViacomCBS

I am rejiggering my "buy level" for ViacomCBS following Sumner Redstone's death - as it seems increasingly likely that the company could be sold at some point in the next 1-2 years.  With the benefit of hindsight I wish I hadn't sold VIAC.    

Bundling Up With Apple

Bundling Up With Apple

I will be long this name again. After the split. Before the iPhone 12.

More Apple Bundle Chatter

Reports are making the rounds that Apple will offer ViacomCBS's CBS All Access and Showtime with its TV+ streaming service in a discounted bundle that could be announced as early as Monday.  

ViacomCBS Update

* The shares trade at slightly below my assessment of fair market value  ViacomCBS had a nice beat in the second quarter just reported.  EBITDA was +$245 million better, EPS about $0.29/share ahead and free cash flow nearly $175 million above consen...

Charting the Dow, Job Creation, Washington Deal or No Deal? Roku's Problem

Charting the Dow, Job Creation, Washington Deal or No Deal? Roku's Problem

Check out the Dow Transports and the Dow Industrials.

Jim Cramer: 4 Stocks That Are the Wild Bunch

Jim Cramer: 4 Stocks That Are the Wild Bunch

Do these four make sense? The answer, surprisingly, is very much so if they continue to execute as well as they have.

Why the Markets Could Be Vulnerable

* Fundamental concerns and weakening technical signs might be converging now In the last few weeks and days I have eliminated all my equity investments in my personal pension plan, I have personally shorted S&P futures (at 3202 Monday night), I have...

A Midday Market Review

With the exception of a short and an elimination of my holdings - I have done little this morning. * Breadth is still a strong 3.5:1. * Ss (S&P) over Ns (Nasdaq), again, and despite strong gains in Tesla and Amazon . * Bonds are quiet. (I covered my...

Time to Tune Into These Media Plays

Time to Tune Into These Media Plays

7 media stock picks for investors to consider.

Kass: 1968 Redux?

Kass: 1968 Redux?

Nineteen Sixty-Eight was often considered to be one of the most turbulent and traumatic years of the 20th century in the U.S.

2020 Is Looking a Lot Like 1968, Without the Good Music

We are now in one of those times, like 52 years ago in 1968, that we and our children will always remember. Many of us have spent the weekend watching America burning in despair. As I write this missive, an extended portion of I-95 (in Palm Beach) h...

My Tactical Approach and Current Positioning

* I have liquidated a lot of my long positions and have been averaging into Index shorts lately * I worship at the altar of fundamentals and not of price momentum * Monday I will present a more lengthy analysis of my concerns over the balance of 202...

Some Late Day Takeaways

* Market breadth has been shrinking all afternoon (at 3pm less than 100 more advancers over decliners). * Oil up a beaner to $23.72/barrel. * Gold down small. * Bond yields +2 basis points. * and FAANG experiencing some strength - but not impressive...

Out of ViacomCBS

* This investment has been a very bad experience * Today I have sold Goldman Sachs, Twitter and ViacomCBS - as I reduce my investment long holdings after the sizable market advance from the March lows I have sold my entire ViacomCBS long this aftern...

This Is the Time

"Don't be obsessed with your desires Danny. The Zen philosopher, Basho, once wrote, 'A flute with no holes, is not a flute... A donut with no hole is a Danish." - Ty Webb, Caddyshack This is the time in the market's rally when FOMO replaces FEAR and...

Two Possible Short Term Positive Catalysts for ViacomCBS

* Last night declared its regular quarterly cash dividend of $0.24/share. * This morning, VIAC announced that live sports will return to CBS in June.

Looking at VIAC

ViacomCBS looks like a different stock in the last few days.

Playing Bullishly... For Now

* The bears' skepticism (and cautious market positioning) coupled with their collective cynicism towards medical and scientific innovation, and the inevitability of the curve's flattening along with an "all in" Fed, have fueled the market recovery f...

I'm Getting Thirsty

* Making some moves now... I have added to . I am reestablishing long positions in $99.90 and $103.70. I am adding to and .   I covered a small amount of my $303 and $101.30 shorts.

Some Takeaways

* Breadth still nasty at 10-1 negative. * No real stability, yet. * Oil down two bits. * Gold +$9. * Bond yields down three to four basis points. * Energy, retail, financials, real estate, gaming, industrials broadly lower. * The only green on my ma...