This Day On The Street
Continue to site
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

The Best of Kass

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 past week, Kass explained why Apple's Black Friday sale was no big deal and why recent global economic data contradict the doomsayers.

Please click here for information about subscribing to RealMoney Pro.

Keeping Tab(let)s
Originally published on Friday, Nov. 23 at 8:17 a.m. EST.

I forgot to post this poor assessment of Microsoft's (MSFT) Surface tablet on Tech Crunch from earlier this week, "An iPad Lover's Take on the Surface With Windows RT."

And speaking of Apple (AAPL - Get Report), the company's Black Friday savings is only $7 on earphones to $101 on a $1,600 laptop -- kind of a so-what sale.

> > Bull or Bear? Vote in Our Poll

I would construe the lack of big Black Friday sales at Apple as a thin reed but mildly positive indicator that demand is quite strong.

At the time of publication, Kass was long AAPL.

The World Keeps Turning
Originally published on Friday, Nov. 23 at 7:39 a.m. EST.
  • The data suggest a global economy in which growth has either stabilized or is slightly accelerating.
  • For those who had better things to do (and I hope it was all of you) and hadn't seen my posts on early Thursday morning, there was important economic data out of China and Europe on Wednesday evening and the following morning.

    In China

    There were positive data from China on Wednesday evening, suggesting that China's economic growth has bottomed and is mildly accelerating. To some degree, an improving economy in China underpins global economic activity. In response to the data release, China's equity market cut its decline and has risen further overnight.

    The flash November HSBC manufacturing index for China was 50.4 vs. 49.5 in October. The current reading is the best in 13 months and signals that the government's manufacturing index to be released Nov. 30 should be above 50 for its second straight month. Other metrics as well point to an improving Chinese economy -- for instance, retail sales, industrial production and money supply growth have all accelerated year over year based on October data, and exports in October grew at their fastest pace in the last five months.
    1 of 2

    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
    Real Money

    More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

    Product Features:
    • Access to Jim Cramer's daily blog
    • Intraday commentary and news
    • Real-time trading forums
    Only $49.95
    14-Days Free
    14-Days Free
    FXI $33.33 -2.20%
    AAPL $93.13 -1.80%
    FB $116.48 -0.21%
    GOOG $691.51 0.07%
    TSLA $238.00 -3.90%


    Chart of I:DJI
    DOW 17,675.78 -154.98 -0.87%
    S&P 500 2,055.75 -20.06 -0.97%
    NASDAQ 4,757.17 -48.1210 -1.00%

    Free Reports

    Top Rated Stocks Top Rated Funds Top Rated ETFs