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Monthly Archives: June 2016

Oppenheimer Starts Big Lots At Outperform, Sees ‘Still Underappreciated Potential’

Oppenheimer believes the market is still under-appreciating Bog Lots, Inc. BIG 1.6%’s potential. According to analyst Brian Nagel, the company has made a major transition in its business in recent years.

June 7, 2016 in Market News.

Athletic Will Remain The Strongest Footwear Trend In 2016

Citi analyst Corinna Van der Ghinst recently met with Shoe Carnival, Inc. SCVL 0.46% management at the Citi Retail Seminar to discuss the latest trends in footwear. According to Van der Ghinst, the athletic segment is as strong as ever.

June 7, 2016 in Market News.

Here’s How To Play Brazilian Infrastructure

The Brazilian government has unveiled a major infrastructure investment program to help stimulate its sluggish economy. Goldman Sachs analyst Marcio Prado believes the new initiatives create a buying opportunity for transportation investors.

June 7, 2016 in Market News.

Once Again, You’re Better Off Letting A Monkey Pick Your Portfolio Than Investing In A Hedge Fund In 2016

Unfortunately for hedge fund investors, stories like this one have gotten fairly commonplace. The latest data from Wall Street hedge funds indicates fund investors would have been better off letting monkeys pick their stock portfolio.

June 7, 2016 in Market News.

Citron Says Chemours Is ‘Toxic,’ Will Go Bankrupt

Chemours Co CC 0.24% shares are down more than 7.6 percent in Thursday after Citron released a new report slamming the company as “a bankruptcy waiting to happen.”

June 7, 2016 in Market News.

The Dow Jones Industrial Average Is 120 Years Old, But It Has Always Had The Same Strengths And Weaknesses

The Dow Jones Industrial Index recently celebrated its 120-year birthday. To mark the occasion, The Atlantic’s Bourree Lam examined everything the Dow represents to investors and everything it does not.

June 7, 2016 in Market News.
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Emotional Intelligence, Not IQ, Is Most Important For Investors

The majority of us aren’t geniuses. Luckily, The Irrelevant Investor’s Michael Batnick says emotional intelligence is far more important when it comes to investing than IQ.

June 7, 2016 in Best of Trading Common Sense.

Mitek Systems, Up 98% This Year, Is On The Verge Of A Nosedive: StreetSweeper

Mitek Systems, Inc. MITK 2.18% shares are tumbling 10 percent on Thursday morning after TheStreetSweeper released a report describing seven reasons why Mitek’s stock is on the verge of a nosedive.

June 7, 2016 in Market News.

Many Americans Paying Higher Energy Prices Due To Cancelled Fossil Fuel Projects

Abandoned and rejected U.S. fossil fuel pipelines and other projects may be partially responsible for your high energy bill. According to the Wall Street Journal, the combination of public backlash against fossil fuels and poor economics due to lower commodity prices has resulted in more than $33 billion worth of project cancellations and rejections since…

June 7, 2016 in Market News.

Grants Report Sends Signet Shares Tumbling, Cites Deceptive Accounting

Signet Jewelers Ltd. SIG 0.57% shares are down more than 6 percent on Thursday following a report by Grants that Signet andSnap-on Incorporated SNA 0.31% are generating much of their growth from internal lending and deceptive accounting.

June 7, 2016 in Market News.

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