This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Kass: 5 More Surprises for 2012

This commentary originally appeared at 1:55 p.m. EST on Dec. 30 on Real Money Pro -- for access to all of legendary hedge fund manager Doug Kass's strategies and commentaries, click here.

Some of the possible improbables that I came up with while compiling my " 15 Surprises for 2012" were not quite ready for prime time, but they can certainly serve as an addendum to that list.

Surprise No. 16: After it is disclosed that Bank of America (BAC - Get Report) is being forced to raise an additional $20 billion to $25 billion of capital, Brian Moynihan resigns as President and CEO of Bank of America.

Surprise No. 17: Reflecting upward-trending stock markets around the world, continued improvement in domestic high-frequency economic statistics and a contained European debt crisis, the CBOE Volatility Index (VIX) falls to the 10-15 level during the second half of 2012.

Surprise No. 18: Facebook's IPO fizzles. The new offering is priced at a $70 billion equity capitalization but opens flat and breaks issue price in the first day of trading.

Surprise No. 19: A second-half growth scare briefly lifts the yield on the 10-year U.S. note to over 3%.

Surprise No. 20: Similar to Hewlett-Packard's (HPQ - Get Report) former CEO Mark Hurd, three very high-profile executives of Fortune 500 companies are forced to resign after sexual harassment allegations.
At the time of publication, Kass and/or his funds were had no positions in the stocks mentioned, although holdings can change at any time.

Doug Kass is the president of Seabreeze Partners Management Inc. Under no circumstances does this information represent a recommendation to buy, sell or hold any security.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
BAC $16.40 -3.20%
HPQ $30.53 -0.13%
AAPL $124.49 -1.20%
FB $86.12 -1.60%
GOOG $517.77 -0.97%

Markets

DOW 17,558.24 -125.34 -0.71%
S&P 500 2,051.80 -16.96 -0.82%
NASDAQ 4,921.2710 -70.6690 -1.42%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs