July 2026 – Page 31 – TheStreetPro TSP Site

The Software Bear Case Begins to Crystallize

Doug Kass on July 14, 2026

* With IBM…

Big Blew It! IBM Crashes Most Since '60s Amid CapEx Woes; Goldman Warns Over 'Software Bear Case' https://t.co/1rGE73XngT
— zerohedge (@zerohedge) July 14, 2026

Position: None

Recommended Cannabis Viewing

Doug Kass on July 14, 2026

Run, don’t walk to watch Shadd Dales on Trade to Black:

The IRS is trying to claw back 280E refunds from cannabis companies.

Some companies have filed for 280E refunds, but so far the IRS said NO to retroactive relief.

Lawsuits are now underway. Will the industry win?

🌿 Cannabis ETFs 🌎 $YOLO 🇺🇸 $MSOS
https://t.co/vq6adpsUHC
— TDR (@TheDalesReport) July 14, 2026

Position: None

Another Marijuana Moment

Doug Kass on July 14, 2026

Here are the states most likely to legalize recreational cannabis in 2027 and 2028. https://t.co/xCZYrx1yKi
— Anthony Martinelli (@AMartinelliWA) July 14, 2026

Position: None

Dan Niles

Doug Kass on July 14, 2026

$IBM -pre is a great example of my AI “speedbump” concerns. Customers spending on AI, cut spending late in the qtr to IBM mainframe & related software (but ~80% is supposed to be re-occurring) . Given software is a back-end loaded business, I doubt this is the last casualty.
— Dan Niles (@DanielTNiles) July 14, 2026

Positions: None.

Broken Charts, Bullish Analysts: How I’m Trading Data Center Stocks

James "Rev Shark" DePorre on July 14, 2026

The big data center names have strong revenue growth and demand that will last years, but is it time to buy?

Late Morning Market Stats and Shorts

Doug Kass on July 14, 2026

– NYSE volume 18% below its one-month average;
– Nasdaq volume 41% below its one-month average;
– VIX index: down 4.37% to 16.41

Positions: None.

Holding My Nose and Taking a Quantum Leap of Faith on IBM

Stephen Guilfoyle on July 14, 2026

It’s looking ugly out there for ‘Big Blue,’ but here’s why I’m not ready to bail just yet.

A Key Observation

Doug Kass on July 14, 2026

* Higher stock prices on lower volume…

* NYSE volume 18% below its one-month average;
* Nasdaq volume 41% below its one-month average;

Positions: None.

Back Shorting JPM

Doug Kass on July 14, 2026

Back shorting JPM ($JPM) at $343.01.

Working on a scale higher.

Positions: Short JPM S

Subscriber Comment of the Day: IBM, What!?

Doug Kass on July 14, 2026

RROBBO

4m ago

Yesterday, on his afternoon show, Cramer recommended IBM…what a joke !!! LOL

https://247wallst.com/investing/2026/07/13/jim-cramer-says-buy-ibm-right-now-here-is-why-arvind-krishna-has-this-stock-undervalued

24/7 Wall St.Jim Cramer Says Buy IBM Right Now: Here Is Why Arvind Krishna Has This Stock UndervaluedJim Cramer sees a high-quality AI infrastructure operator hiding inside a stock the market still treats like a relic, but the bears have a leverage argument worth hearing before you pull the trigger.

Positions: None.