|Day Low/High||135.62 / 137.60|
|52 Wk Low/High||111.75 / 150.55|
In early February I covered my Caterpillar short at about $146.50. After the release of January's retail dealer stats I am taking the stock off of my Best Ideas List (short):
Want a real rip-snorter? Imagine if you get rates down.
Things I'm looking at in this fragile market that seems like it isn't fragile for the moment.
With yesterday's close below our suggested stop another look at CAT is warranted.
There is nothing wrong with Intel, Johnson & Johnson, 3M and Apple.
"I am trying to elevate small talk to medium talk." -- Larry David Every day at about this hour I review my trading/investing of the last 1-2 days. Upon that review I am pleased -- but I am not patting myself in the back (this is part of my process ...
I covered the balance of my Caterpillar short at $146.50 today. I started too early on this short but pressed in the after hours in January after the EPS report (which I felt was disappointing) at over $170.
I added to two positions Tuesday, as growth catalysts are in play this earnings season.
Donald Trump simply gave stock market participants exactly what they wanted.
A couple of midday observations: * GM has recently garnered a lot of Wall Street sponsorship (in the form of upgrades) in recent weeks. But, with an assist from poor guidance at Ford , the shares have noticeably underperformed. I have recently added...
I am now large sized in the following individual equity shorts: Coca-Cola , Procter & Gamble , Starbucks and Energy Select Sector SPDR ETF . I am almost there in Disney and Caterpillar . Editor's note: Doug Kass is travelling with limited access to ...
Tactically (besides my large SPDR S&P 500 ETF Trust and iShares Barclays 20+ Year Treasury Bond ETF shorts) I have placed greater emphasis on a number of relatively low beta individual stock shorts in the last week -- like Starbuck's , Unilever , Pr...
Bull markets often ignore (and rationalize) adverse developments -- especially in their maturing stage. Case in point, Action Alerts PLUS holding Apple -- whose near term outlook looks like it is deteriorating. This, from Nikkei Asian Review overnig...
While I am out this afternoon, I will be offering the following shorts (but I live slightly above the market) in the following names: Morgan Stanley , Goldman Sachs , Netflix , General Motors , Lincoln National , Caterpillar , and Action Alerts PLUS...
As mentioned in my Diary and in The Comments Section, as I promised -- I covered my trading layer of shorts yesterday for a profit in the afternoon. I retained (overnight) and expect to keep my new shorts in , , as well as my add on shorts in Action...
There probably will not be a trade war, beyond the intention of making a point.
I am initiating a short energy basket now. I am also moving from tagends to small sized in my short (note reversal), after the better than expected monthly dealer statistics.
The fact remains that none of these stocks has lost their bond market equivalent status
Stocks of companies that go hand and hand with an economic expansion just won't quit.
About a half hour to go before the markets open for the last trading day of the week. Acorda Therapeutics is up more than 10% in pre-market trading on rumors it could be the target of several potential suitors, including Biogen . Juno Therapeutics h...
We have low rates, accessible capital that's not even needed, demand rising with low inflation.
I have never seen anything like the beast that is rocking this market.
The four dichotomies gravitate towards the bulls, not the bears.
Off the top of my head, I can simply cite the rally off the October 1999 low.