Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings.

TBT Is Going, Going, Gone, but My TLT Short Is Not

Originally published March 31 at 10:22 a.m. EST

I am now out of my

ProShares UltraShort Lehman 20+ Year Treasury Bond ETF

(TBT) - Get Report

"trade of the week" for a profit. (Remember, leveraged ETFs are short-term rentals and not long-term leases as they experience decay and may track poorly to underlying.)

I continue to plan to hold on to my iShares 20+ Year Treasury Bond ETF (TLT) - Get Report short.

TLT was placed on my Best Ideas List in June 2016 at $139.55 based on my expectation that we were at a Generational Bottom in Bond Yields.

TLT is now trading at $120.40.

Position: Short TLT .

I am not going to publish "Takeaways" today as I still cant see clearly from my afternoon eye exam.

A Blurry View

Originally published March 29 at 4:28 p.m. EST

Retail, with a pushback on the border adjustment tax (BAT), thrived--led by J.C. Penney (JCP) - Get Report , Target (TGT) - Get Report , Foot Locker (FL) - Get Report , Nordstrom (JWN) - Get Report and Kohl's (KSS) - Get Report .

(T)FANG remarkably strong--some of which was chronicled by Jim "El Capitan" Cramer.

Financials had little going for them.

A lot of hawkish talk from Fed members was ignored today.

Bonds reversed yesterday's weakness and closed at day's highs.

Stocks closed near their highs in a non-volatile trading session

Lululemon (LULU) - Get Report spit the bit after the close.

Enjoy your evening and thanks for reading my Diary today.

Position: None .

Action Alerts PLUS, which Cramer manages as a charitable trust, is long KSS.