Buy index puts, sell index calls or purchase inverse ETFs because stocks, corporate profits and P/E multiples are going down says Real Money Contributor Doug Kass.
Those are just some of his surprises for 2014. He also says bonds will outperform stocks this year with the yield on the 10 year US Treasury note finishing between 2.5% and 3%.
As for individual stocks, Kass says investors should avoid or even short Apple shares as profit estimates for the tech giant are slashed.
I think [AAPL] is going to spend most of the year under $525 per share because profit estimates are again going to be shaved. – Doug Kass
[protected-iframe id=”a60c72d90a21462ab96d0f2fb30d865d-17146794-18685410″ info=”http://www.thestreet.com/embed/12215156.html” width=”384″ height=”216″ frameborder=”0″ scrolling=”no” webkitallowfullscreen=”” mozallowfullscreen=”” allowfullscreen=””]
Direct link to video here.
MacDailyNews Take: What no talk of an Apple stock split this year?
Judging by the video and audio quality, Dougie’s suffering along with a crappy Windows PC. Get a Mac, Doug.
[Thanks to MacDailyNews Reader “Bill” for the heads up.]
Related articles:
Doug Kass goes long with Apple Inc. stock – May 23, 2013
Doug Kass: I made a mistake on Apple – March 7, 2013
Doug Kass shows how easy it is to manipulate shares of Apple – February 27, 2013
Rotten rumors of impossible Apple stock split helps fund manager Kass clear profits – February 26, 2013
Can the U.S. SEC prosecute Doug Kass over Apple stock split rumor? – February 27, 2013
Doug Kass: Apple to announce stock split on Wednesday – February 26, 2013
Doug Kass: Apple ‘is dead’ – January 30, 2013
Doug Kass: Buy Apple – November 13, 2012
Doug Kass strikes again, citing Woz’s ‘Apple is so arrogant over iPhone 5′ complaint – October 12, 2012
Hedge-fund manager Doug Kass: Apple is losing its mojo – October 3, 2012
I’m wondering if he bought options, or is he trying to drive down the stock so that he won’t take a bath on his short.
Most insightful. IOW: Bet against this dickhead’s prediction. He certainly is.
It is much easier to make money shorting AAPL than buying it. Buy on Friday and sell on Monday works like magic. It is difficult to catch the shorts with their pants down because of the hugh float. You can’t keep the price up for more than 2 days!
I just bought 30 more shares today. Fsck this anal-yst.
I wouldn’t be eager to diss Kass’ analysis. When AAPL was trading near $700 he forecasted a drop to $400.
He was dissed, and he was right.
Even a broken clock is right twice a day. Every serious investor I know thinks kASS is a corrupt tool, as is his gnome. His son has similar ethics.
Kass has been spectacularly wrong dozens of times over the last 10 years, but he guessed right once, so now he’s a genius…yep.
He was dissed, and he was right.
No. Kass MANIPULATED.
1) He forecast an entirely illogical and idiotic drop to $400.
2) Such is the nature of the current Wall-Nut Street that the sheeple listened, sold their AAPL like good little cattle, and those betting on AAPL falling made out like pirates. ARR.
AAPL remains at an entirely INANE low price, and this parasite is going to make damned sure it stays that way until he’s filled this portfolio, at which point he’ll cut the Apple Bear Bullshit and go all wonky bullish. Just watch. These dicks are well worth our dissing.
The bears are back in action before AAPL’s big earnings report. Drive the stock down and scare the small investors before record earnings is reported
If Apple is to release revolutionary product and the market copiers can’t copy fast enough .
Then not hard to reach $1000 by 2015.
AAPL will reach $600 according to Brian Marshall, I trust Brian than anyone else. He has proved accuracy in the past.
http://www.bloomberg.com/video/will-apple-selloff-after-the-announcement-Pi7pThqySNWjd9jD60cY7A.html?cmpid=yhoo
http://www.bloomberg.com/video/samsung-s-galaxy-gears-is-it-a-bust-Ynlz8cTcRBCdlIJi0p5LrA.html
His mountain gnome whispering BS into his ear again, no doubt… Shucking Fyster!
In related news, Doug Kass’ head will spend most of the year in his ass.
The market is always seeking growth for growth sake . They just ignore the fact why rubbish companies can have growth . Why ? Rubbish A earns 0.01 cents in 2013 . BUT in 2014 it earns 1 dollars . How much does it Grow ? 1000 % . WOW!!! Then how much rubbish A rise ?
Look at amazon ! Look at google !!
All of their so-called growth is coz they earn much less than Apple .
Why do they earn much less ? The reason is simple . They sell their products at crazily low margin and low margin gives big market shares .
THAT IS THE FACT !!!!
And why do they sell at low margin ? Coz they can’t beat Apple by quality and innovation!
U may say Apple have margin concern , so the anal ists say .
Why do others have NO margin concern ? COZ THEIR MARGIN IS SO FUXKING LOW SO IT WONT GO ANY FUXKING LOWER!!
This stock is not being allowed to increase. The Big Boys are making too much money playing the short side, and so are the exchanges on the volume. The weekly manipulation of Apple prices by the Short Sellers and Options players completely control the price. The SEC could stop this, but they are in the pocket of the people they are supposed to regulate. Apple could stop it by splitting the stock to reduce the multiple. Shorts count on getting a large drop when they attack. They can easily run Apple down $5 a share or more. If the stock was split 10 for 1, they would get a 50 cent drop instead. The would need to go find another Stock to beat up.
Right on the money. There was a Seeking Alpha post about this. Basically, there is a selloff every Friday and a rise every Monday. It’s like clockwork. It’s about those weekly options.
Its me. I am personally not allowing it to increase. You will never catch me you asswipe.
Bears have been prowling ever since Bernake started his “quantitative easing” (i.e., the third bailout for the big banks). Now that the Fed has to unwind its toxic assets, the predictions of doom and gloom are everywhere.
I don’t see the big deal. Nobody batted an eye when several trillion dollars, not to mention uncountable lives, were flushed down the toilet in the middle east for the last decade. All the money that the Fed handed out has been effectively transitioned to the coffers of the Fortune 500, so there’s no reason to expect stocks to plummet now. They’ll continue to be choppy as corporate leaders try to figure out ways to deploy their ill-gotten gains. I predict a period of massive corporate acquisition and mergers.
… none of which has anything to do with Apple. AAPL valuation is locked into the valuation estimates of large fund holders, which sees Apple increasingly as a utility and less as a growth stock. Since Apple isn’t telling them otherwise, their (mis)perception becomes Wall Street reality.
“Kass” in swedish means “crappy” or “incompetent”
What a coincidence. It means crappy or incompetent here as well.
I hope this group are really non-investors. From the opinions expressed its obvious they they require adult supervision.
Kass has uniformly slammed Apple for years. For years he was among the worst at revenue and profit predictions. He was among the most ridiculed of analysts among serious Apple investors. Now he has a seat on CNBC that gives him exposure to people who don’t know any better. Now his facile arguments and conventional “wisdom” are being presented to an unsophisticated audience that doesn’t know any better and doesn’t do its own research. Because of this he now has an effect on the stock price. Even though his comments are divorced from reality they now create their own reality thanks to CNBC’s need for controversy and scare mongering. I really wonder how they all sleep at night.
Maybe, but that’s much better than the SEC supervision kASS really needs, and I hope will receive, in 2014. He doesn’t deserve a free pass for his crap.
And We’re Off And Running! 2014 starts out as yet-another year of FUDDING AAPL. Manipulation: The tool of the fool.
Get fracked, Real Money Contributor Doug Kass. 😯
Enjoy a yet another highly successful year, Apple!
Solution to all of this: END THE TIM COOK ERA!
Something wrong with your keyboard as well?
Don’t know if a split is an options. Thought I read they had a stock cap of around 1.2 billion and they have 892 million shares out.
I have subscribed to Kass for 10+ years and he knows little about technology and Apple’s business. When the iPhone 5 came out he described at as a toy and too light. He was right about his call to short Apple at 700 but he just missed the run up to 570. Also he is not factoring in any new product categories or the potential for China Mobile and NTT DoCoMo to increase earnings.
I have followed Kass’s performance for 10 years as we’ll. if you listened to him you would not have bought AAPL at $30, or $60, or $100, or $200. Yes, he was right once. If you followed all of his advice you’d be broke.
I haven’t been following Mr. Kass that long but it does appear that he is someone worth keeping an eye on.
Ankara Bahçelievler Çilingir Yaklaşık 10 Seneyi Aşkın Bilgi Birikim ve Eleman Desteğimizle Siz Saygıdeğer Müşterilerimize Hizmet Veriyoruz, Verdiğimiz Hizmetlerden Yüzümüzün Akı ile Çıktık,Hizmetlerimizi en uygun fiyatlar ile sizlere sunmaktayız.
En uygun fiyat ile maksimum hizmet sağlamayı kendimize misyon edindik.Bahçelievler Şubemizide Sizlerin Hizmetine Sunmanın Gururunu Taşımaktayız. Size Bir Telefon Kadar Yakınız 0555 699 08 09 acil 0541 579 57 70
Ankara Bahçelievler Çilingir,Bahçelievler Çilingir,bahçelievler anahtarcı
Ankara Bahçelievler Çilingir,Bahçelievler Çilingir,bahçelievler anahtarcı
Ankara Bahçelievler Çilingir
Ankara Bahçelievler Çilingir Hizmetleri
Ankara Bahçelievler Immobilizer
Ankara Bahçelievler Oto kumanda
Ankara Bahçelievler Güvenlik Sistemleri
Ankara Bahçelievler Multilock
Ankara Bahçelievler Garaj Kumandaları
Ankara Bahçelievler Slot anahtarlık
Ankara Bahçelievler Topuzlu kilitler
Ankara Bahçelievler Emniyet kelepçeleri
Ankara Bahçelievler Çilingir
Ankara Bahçelievler Çilingir 7/24 Çilingir
Ankara Bahçelievler Acil Çilingir
Ankara Bahçelievler Acil Anahtarcı
Ankara Bahçelievler Acil Kilitçi
Ankara Bahçelievler Anahtar Çekme
Ankara Bahçelievler Anahtar Kopyalama
Ankara Bahçelievler Anahtar Tamiri
Ankara Bahçelievler Kilit Tamiri
Ankara Bahçelievler Asma Kilit Satışı
Ankara Bahçelievler Oto Anahtarı Tamiri
Ankara Bahçelievler Oto Anahtar ve Kumanda tamiri
Ankara Bahçelievler Oto Anahtarı ve kumanda tamir ve kopalama
Ankara Bahçelievler Oto Çilingir
Ankara Bahçelievler Oto Çilingiri
Ankara Bahçelievler Oto Anahtarcı
Ankara Bahçelievler Oto Kilitçi
Ankara Bahçelievler Oto kapı açma
Ankara Bahçelievler Oto kapısı kilidi açma
Ankara Bahçelievler Hasarsız oto kapısı açma
Ankara Bahçelievler Oto kilit açma
Ankara Bahçelievler Oto kilit tamiri
Ankara Bahçelievler İmmobilizer anahtar tamiri
Ankara Bahçelievler İmmobilizer kumanda tamiri
Ankara Bahçelievler İmmobilizerlı kapı açma
Ankara Bahçelievler İmmobilizerlı anahtar tamiri
Ankara Bahçelievler İmmobilizer anahtar kopyalama
Ankara Bahçelievler İmmobilizer kumanda kopyalama
Ankara Bahçelievler Araba anahtarı
Ankara Bahçelievler Araba kumandası
Ankara Bahçelievler Araba kumanda tamiri
Ankara Bahçelievler Araba Kumanda kopyalama
Ankara Bahçelievler Araba Kapısı Açma
Ankara Bahçelievler Araba Kapı Kilidi Açma
Ankara Bahçelievler Araba Kilit açma
Ankara Bahçelievler Araba Anahtarcısı
Ankara Bahçelievler Araba Çilingiri
Ankara Bahçelievler Araba Kilitçi
Ankara Bahçelievlerde anahtarcı,Ankara Bahçelievler oto garaj kumanda tamiri, Bahçelievler kepenk kumanda tamiri, Ankara Bahçelievler garaj kumanda kopyalama, Ankara Bahçelievler kale kapı açma, Ankara Bahçelievler kasa çilingiri
Ankara Bahçelievler kasa acma | Ankara Bahçelievler çilingir | Bahçelievler kale kasa | Bahçelievler şifreli kasa açma ankara Bahçelievler Çelik kapıTamirat: