Doug Kass

Doug Kass

Creator
0 followers

Investor (Seabreeze); market diary on U.S. equities and macro.

Cannabis Refinancings Signal Imminent Rescheduling and Rally
SocialFeb 24, 2026

Cannabis Refinancings Signal Imminent Rescheduling and Rally

The largest multi state cannabis companies have announced meaningful refinancings (with relatively good terms - interest rates and maturities) over the last two weeks - presaging, in our view, a much anticipated and favorable rescheduling decision by the Administration. The "refinancing...

By Doug Kass
HalftimeReport Missed IBM Surge, Lost $30
SocialFeb 23, 2026

HalftimeReport Missed IBM Surge, Lost $30

Go to @HalftimeReport archives on $IBM recommendations (-$30 and -12%) Last sale $228 1. January 21, 2026 $295 and January 29, 2026 $308 Malcolm 2. Slink continuous over last six months (multiple prices, all much higher than last sale) Not ad hominem. That...

By Doug Kass
Doug Kass Expands Index Short Calls Amid S&P Rally
SocialFeb 23, 2026

Doug Kass Expands Index Short Calls Amid S&P Rally

Adding to Index Short Calls @thestreetpro With S&P cash +5 handles I am adding to my Index short calls. By Doug Kass Feb 23, 2026 9:39 AM EST @dougkass @tomkeene @business

By Doug Kass
CNBC Moderator Pushes Conflict‑ridded Versus Warner Trade
SocialFeb 23, 2026

CNBC Moderator Pushes Conflict‑ridded Versus Warner Trade

Another beaut from @JoeSquawk . @SquawkCNBC Only on Fin TV can a moderator who works for a company (in this case Versant Media Group $VSNT (parent of CNBC)) suggest a pairs trade of being long Versant and short Warner....

By Doug Kass
Financial Media Misuses Weak GDPNow Forecasts to Spin Bullish Narrative
SocialFeb 21, 2026

Financial Media Misuses Weak GDPNow Forecasts to Spin Bullish Narrative

Recall @HalftimeReport Slink's confidentally quoting (on almost a daily basis) of the robust GDP Now projections by the Atlanta Fed (among the worst forecasters extant) to support her "the economy is great" and bullish market thesis? That is the...

By Doug Kass
S&P Briefly Dips Negative, Marking a Ludacris Day
SocialFeb 20, 2026

S&P Briefly Dips Negative, Marking a Ludacris Day

ludacris day means that sometime in the day the s and p turns negative after being substantially higher. the s and p did turn negative (briefly) qualifying as a ludacris day.

By Doug Kass
Equity Risk Discount Signals Overvalued Market Amid Turmoil
SocialFeb 20, 2026

Equity Risk Discount Signals Overvalued Market Amid Turmoil

An equity risk premium which has recently turned into an equity risk discount. (Historically, an awful launnching pad for future returns) Policy turmoil, slowing domestic economic growth, sticky inflation, circular financing deals in AI (holding up the econ data) and traditional...

By Doug Kass
S&P Reverses Gains, Slides Downward After Recent Surge
SocialFeb 20, 2026

S&P Reverses Gains, Slides Downward After Recent Surge

S and P now down on the day (reversing 45 handles in last few minutes) From an hour ago... on @thestreetpro Dougie Kass Ludacris Day? @dougkass

By Doug Kass
Short the Rips, Buy the Dips: Grinder’s Strategy
SocialFeb 20, 2026

Short the Rips, Buy the Dips: Grinder’s Strategy

Grinder on the short side of the Indices for several months. Short the rips, buy the dips... for now, Bill. @DougKass

By Doug Kass
Shorting SPY at $686.72 in Premarket Trade
SocialFeb 20, 2026

Shorting SPY at $686.72 in Premarket Trade

Premarket Trading (4:10 AM) @TheStreetPro * Win, lose or draw - I timestamp * I don't bullshit (by sweeping losers under the rug and regaling in my winners) .... I am back shorting the indices: *  (SPY)  $686.72 By Doug Kass Feb 20, 2026...

By Doug Kass
Stay Cautious on Retail, Long Amazon, Short Walmart, Costco
SocialFeb 19, 2026

Stay Cautious on Retail, Long Amazon, Short Walmart, Costco

(In contrast to the bullish view expressed yesterday on the Fin TV show - see SLINK's confident consumer outlook on @cnbc), we remain cautious on the consumer. This week we put on a three way pairs trade - long $AMZN/Short $COST...

By Doug Kass
Analyst's PANW Recommendation Misses, Stock Tanks
SocialFeb 18, 2026

Analyst's PANW Recommendation Misses, Stock Tanks

I was astonished that Bryn Talkington's feet were not held to the fire today after she recommended (confidentally) $PANW yesterday. Four hours later the company guided lower and the stock tanked. Does the network basically not give a shit (about their most...

By Doug Kass
Retail Shorts Ahead as High‑Income Spending Slips
SocialFeb 18, 2026

Retail Shorts Ahead as High‑Income Spending Slips

The show panelists (don't be shocked, they are bullish) love retail/consumer stocks - we shorted $COST and $WMT in the last 24 hours. We are looking for more consumer shorts. We believe lower home and stock prices will take away from the...

By Doug Kass
AI Spending and Consumer Surge Mask Weak Underlying Growth
SocialFeb 18, 2026

AI Spending and Consumer Surge Mask Weak Underlying Growth

Recent top and bottom line (as well as profit margins) have been disproportionately impacted by massive AI cap spending and high end consumer spending. The former has a half life to it. The later may not be sustained if home and stock...

By Doug Kass
Amazon's Shift to Capital‑intensive Model Triggers Sell‑off
SocialFeb 18, 2026

Amazon's Shift to Capital‑intensive Model Triggers Sell‑off

The transition of $AMZN (and some other MAG7 constituents) from a capital light business model to a capital intensive business model is more than three months old... the transformation has been measured in multiple quarters and not in months. It...

By Doug Kass
Media Hype Ignored Risks, Gemini IPO Crashes
SocialFeb 18, 2026

Media Hype Ignored Risks, Gemini IPO Crashes

Remember the excitement in the business media about the Gemini IPO? $GEMI The shares have crashed from over $45 to $6... Remember the softballs thrown to the executives and the admiration bestowed on the Winkelvoss twins by the Fin TV community? I do....

By Doug Kass
Investors Underprice Risk as Stocks Reach Extreme Overvaluation
SocialFeb 18, 2026

Investors Underprice Risk as Stocks Reach Extreme Overvaluation

Coming up on @TheStreetPro (a multi-part series) Trouble Ahead, Trouble Behind * Investors are underpricing risk * Equities - both fundamentally and from a valuation standpoint - remain between somewhere between very overvalued and pornographically overvalued "Trouble with you Is the trouble with me Got two...

By Doug Kass
Media's Shallow Analysis Misleads Retail Investors
SocialFeb 18, 2026

Media's Shallow Analysis Misleads Retail Investors

No, Kip, not pumping and dumping $PANW. Just no or limited investment process, opinions full of hubris, memorized sound bytes, no company spreadsheets/models, no timestamps - which "works" when the tide is coming in but not when the tide is going...

By Doug Kass
CNBC Panel’s Unfounded Praise Triggers PANW Stock Drop
SocialFeb 17, 2026

CNBC Panel’s Unfounded Praise Triggers PANW Stock Drop

$PANW, the object of affection on the show (by two members) today (and a third, last week ) @cnbc is now -$17 or -10% in after hours after poor guidance. Some say I dwell on my criticism and that...

By Doug Kass
Berkshire Hathaway Trims Apple Stake by 10 Million Shares
SocialFeb 17, 2026

Berkshire Hathaway Trims Apple Stake by 10 Million Shares

Berkshire Hathaway reduces its $AAPL holdings from 238.21 million to 227.92 million shares. No biggie. @ScottWapnerCNBC @dougkass

By Doug Kass
Markets Overvalued: Between Very and Pornographically High
SocialFeb 17, 2026

Markets Overvalued: Between Very and Pornographically High

Market Update: We continue to view the market as being somewhere between very overvalued and pornographically overvalued. We have an out of consensus outlook. @dougkass @andrewrsorkin @BeckyQuick @SquawkCNBC @CNBCFastMoney @HalftimeReport @carlquintanilla @ScottWapnerCNBC @jimcramer @pboockvar @saraeisen @SullyCNBC @tomkeene @ferrotv @lisaabramowicz1 @business...

By Doug Kass
Stock Futures Swing Wildly This Evening
SocialFeb 17, 2026

Stock Futures Swing Wildly This Evening

This evening stock futures are having more moves than a shortstop batting .110. @KeithMcCullough @hedgeye @andrewrsorkin @BeckyQuick @SquawkCNBC @carlquintanilla @ScottWapnerCNBC @guyadami @saraeisen @SullyCNBC @Convertbond @pboockvar

By Doug Kass
Chamath's SPACs Crash: All Lose Over 90%
SocialFeb 16, 2026

Chamath's SPACs Crash: All Lose Over 90%

Meanwhile Chamath Palihapitiya’s SPAC track record - Chamath became the face of the SPAC boom through his Social Capital Hedosophia deals. Their performance since? • $SPCE: −95% • $OPEN: −98% • $CLOV: −90% • $SOFI: −45% • $AKLI: −95% •...

By Doug Kass
Gemini Miscalculates Google’s Massive Depreciation Drag
SocialFeb 13, 2026

Gemini Miscalculates Google’s Massive Depreciation Drag

Coming up on @thestreetpro More Tales From Nvidia: The Depreciation "Tail and Spike" Will Be Painful to Mag7 Profits (Issue #178!) * As free cash flow is plummeting... I decided to ask the AI about itself. In this case, I asked Google Gemini about...

By Doug Kass
Uber Slides to Multi‑month Low, 30% Off Recent High
SocialFeb 10, 2026

Uber Slides to Multi‑month Low, 30% Off Recent High

$UBER one of the show's favorite longs hits a multi month low and is now close to -30% below its recent high. Crickets. @dougkass @KeithMcCullough

By Doug Kass
Financial Stocks Overvalued, Commoditization Signals Short Opportunity
SocialFeb 10, 2026

Financial Stocks Overvalued, Commoditization Signals Short Opportunity

Financial stocks are "overearning" and subject to disruption. Altruist's tool is the tip of the iceberg. Today's share price declines are justified, imho - as pricing of industry product offerings will become more commoditized. This was inevitable. Trading at historic premiums...

By Doug Kass
Doubling Down: Shorting QQQ to Complement SPY Bet
SocialFeb 10, 2026

Doubling Down: Shorting QQQ to Complement SPY Bet

Adding Some QQQ to My SPY Short @TheStreetPro I just shorted  (QQQ)  (to add to my  (SPY)  short earlier this morning): * QQQ $615.74 By Doug Kass Feb 10, 2026 9:26 AM EST

By Doug Kass