I have many friends with large Twitter followings who have expressed their views of the November election (Dem and Republs).
For those that have large $TWTR followings and are respected by many - and that have been neutral like Switzerland - its time to stand up and be counted
and voice an opinion on Twitter and other social media platforms. If you are fearful of the backlash and are fearful of the consequences - consider the alternative. @jimcramer @tomkeene @SquawkCNBC @cnbcfastmoney @ScottWapnerCNBC @carlquintanilla @EpsilonTheory @guyadami

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Dougie Kass

Dougie Kass Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @DougKass

18 Oct
Trump Says He May Leave the Country If He Loses
Wouldn't this be awesome?! I'd even be OK with him avoiding prison for his crimes if he never set foot in the U.S. again - to better ensure that the stain of Trumpism is forever vanquished

Keep in mind that he has no sense of humor and never jokes - one reason why he has no friends (seriously - when asked, he couldn't name one).
"Perhaps one thing on the president’s mind is the developing criminal case against him. He faces serious legal jeopardy by
prosecutors in Manhattan and New York State for what seems to be, on its face, fairly cut-and-dried criminal fraud in his private business dealings. It is also possible that, having left office, prosecutors may turn over some rocks and discover more criminal behavior as president
Read 6 tweets
15 Oct
Opener on @realmoney
This Week Demonstrates My Incremental Tactical Approach in Responding to a Possible Topping in the Markets
* In trading and investing, you don't have to submerge - you can take a dip incrementally
* The investment mosaic is complex and ever changing - it
is also becoming less predictable (on a near term basis) because of a changing market structure that exacerbates short term moves
* A regime of heightened volatility is ideal for opportunistic and unemotional traders and investors
* The "Biden Bump" realmoney.thestreet.com/dougs-daily-di… is
likely over
* I entered this week large net long in exposure and have steadily reduced by exposure to where I moved into net short exposure yesterday - as the +350 handle rise in the S&P has pulled forward the fourth quarter gains I previously expected
I try to be
Read 7 tweets
14 Oct
This morning on @realmoney
Higher Stock Prices Are The Enemy of the Rational Buyer
* It has been a busy week for my portfolios
* In the last three weeks, coincident with at 350 handle rise in the S&P Index, the upside reward relative to the downside risk has materially changed
*This week, as the averages continued to advance, I moved from large sized to small sized in net long exposure
* I did not disturb any of my individual long holdings (except $DIS which rose by $7/share to over $132 after announcing a business reorganization) and I have no
current plans to
* What I did was to reestablish $SPY and $QQQ short positions to offset and hedge a good portion of my expanded and lengthy list of individual equity holdings @jimcramer @tomkeene @SquawkCNBC @cnbcfastmoney @carlquintanilla @Sarge986 @lizclaman @riskreversal
Read 4 tweets
13 Oct

Oct 13, 2020 | 10:15 AM EDT DOUG KASS
Moving to Small Sized Net Long Now
*As we reached my objectives discussed three weeks ago (a gain of 350 S&P handles)
Yesterday I observed that despite the outsized gain in the Nasdaq and S&P, market breadth on the NYSE was
only 3-2 positive.
This was a warning sign to me and one of the conditions that led me to starting a short Index hedge.
This morning market breadth more than 2-1 negative with the Nasdaq flat and the S&P down a handful.
In light of the several factors discussed this morning,
I am moving back down to small in net long exposure (defined as under 20% net long):
* The recent advance has likely borrowed against future fourth quarter stock price gains.
* Again, as in past temporary tops, the performance has been lopsided towards FAANG plus (MSFT) .
Read 6 tweets
13 Oct
Coming up shortly on @realmoney Too Much Month at the End of Money?
* I started Monday in a large net long exposure
* Yesterday was a conundrum that may have provided an opportunity
* In response to the outsized market move, I ended Monday evening in a medium sized net long
* "Nothing's Gonna Change My Clothes" - staying flexible and opportunistic within the confines of my calculus of "fair market value"
* In the last three weeks's rise of 320 S&P handles, we have likely borrowed from further fourth quarter gains
* "Get Your Tongue Outta
My Mouth Cause I'm Kissing You Good-bye" - should the markets continue to advance from here I will do some more selling

@jimcramer @tomkeene @SquawkCNBC @cnbcfastmoney @riskreversal @terranovajoe @Sarge986 @lizclaman @guyadami @carlquintanilla
Read 4 tweets
13 Oct
Taken from the Comments Section tonite on @realmoney

dougie •
This evening, as I reflected upon today's market action, I have to recognize that the market has fulfilled much of my optimistic and non consensus fourth quarter expectations in a relatively brief period of time
(of about three weeks).
This has served to stretch out the relation of price to "fair market value" - making the market, based on my calculus, statistically overpriced and stretched.
Moreover, the advance was once again concentrated in a handful of large cap tech market leaders
(several of which that I own) - which previously, in early September, marked a temporary market top.
Market breadth on the NYSE was only about 3-2 positive, disappointing relative to the S&P cash advance of sixty handles and the Nasdaq rise of 300 handles.
Today I sold out the
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!