NEW YORK ( TheStreet) -- Doug Kass of Seabreeze Partners is known for his accurate stock market calls and keen insights into the economy, which he shares with RealMoney Pro readers in his daily trading diary.
Among his posts this week, Kass provided an update to his "stock of the decade," reiterated why he was short Treasury bonds and explained why some seemingly disappointing economic headlines concealed strength.
More on Altisource
Originally published on Friday, Feb. 17 at 12:07 p.m. EST. Speaking of Altisource Portfolio Solutions (ASPS), my stock of the decade, I was not alone in suggesting the shares of the company. Serious kudos go to Jim 'El Capitan' Cramer who also highlighted Altisource at $22 a share on CNBC's 'Mad Money' back in January 2010 > > Bull or Bear? Vote in Our Poll Let's go to the tape of that 'Mad Money' segment back more than two years ago. Altisource's shares are currently up by nearly $4, to an all-time high this morning, and it's the second-biggest gainer on any true volume. At the time of original publication, Kass was long ASPS.
Why I'm Short Bonds
Originally published on Friday, Feb. 17 at 8:15 a.m. EST.
- a reallocation out of bonds and into stocks (after five years of the opposite trend!);
- improving high-frequency economic statistics in the U.S.; and
- A dissipation of the flight to safety premium in fixed income.
Originally published on Thursday, Feb. 16 at 7:54 a.m. EST.
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