NEW YORK (Real Money Pro) -- Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings.

A Heads Up on Bonds

Originally published at 1:54 PM EDT on August 27, 2015

Bond prices are at the high of the day and yields at the low of the day -- this is not, historically, a RISK ON message or signal.

Expanding shorts.

Position: Long TBF, short TLT

Adding to Blackstone/GSO

Originally published at 12:15 PM EDT on August 27, 2015

High yield has clearly stabilized; I added to Blackstone/GSO Strategic Credit (BGB) - Get Report.

Position: Long BGB

Long Twitter, Short Facebook (Part Deux)

Originally published at 10:23 AM EDT on August 27, 2015

As I suggested earlier that I'd be doing, I've added to my paired trade of going long on Twitter (TWTR) - Get Report and short on Facebook (FB) - Get Report.

Position: Long TWTR, short FB

More SPY Shortin' Goin' On

Originally published at 1:41 PM EDT on August 27, 2015

I am getting much more serious on the short side with SPDR S&P 500 ETF (SPY) - Get Report at $199.15 now.

I have moved from modestly short today to medium-size short.

Position: Short SPY

At the time of publication, Kass and/or his funds were long, BGB, Twitter and TBF and short, SPY, FB and TLT, 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.