And … Another Subscriber Question of the Day (And My Response)

JSR1111

15m ago

I’ve seen a lot of comments on the weak breadth of the market in recent months.  Does the recent rally in RSP and other broader incdices get anyone less bearish?  And while rates are at the mid-to-higher end of the recent range, I get the same sense that bears notice rates rising but not when they stabilize/ebb.ReplyShare

Dougie Kass

just now

good question

to me its more of a momentum trade now, than a statement trade (suggesting a further broadening)

it could be short lived

Positions: None 

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Posted by Doug Kass

Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality. On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box." A Note from Doug: Current strategies and actionable trade ideas -- all on one dynamic platform built exclusively for active trades. From sudden sell-offs to sudden spikes, TheStreet Pro arms you with crucial analysis -- at a rapid fire, professional pace -- to help you make sound trading decisions -- every day, every hour, and every minute. Join me and my team of professional traders for unique perspectives and breakthrough investment opportunities.

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