A Retail Turnaround? Don’t Bet on These Two Fallen Angels

I’m a contrarian value investor at heart.  My curiosity is more aroused by the stock that plunges 50% than the one that surges 50%.  I love trolling the bargain bins. That said, I troll carefully. Some sectors tend to produce damaged goods that are even too dinged and dented for my liking.  Through experience, I’ve … Continue reading A Retail Turnaround? Don’t Bet on These Two Fallen Angels

How Twitter’s IPO Avoided Facebook’s Fate

“There is no doubt that Twitter is a huge force on the Internet. After Facebook, it’s the largest U.S. social network site, with 200 million active monthly users.  Not surprisingly, the Twitter IPO is already attracting considerable attention from the media, as bankers and company insiders hype the Silicon Valley success story. “But that isn’t … Continue reading How Twitter’s IPO Avoided Facebook’s Fate

Target Data Breach: How You Can Profit (Legally!)

If you haven’t heard about the Target data breach by now, here is the short version: a massive identity theft operation was perpetrated against retail-giant Target (NYSE: TGT) and involves the financial information of as many as 70 million customers. If your data was stolen, the risk of having this information used to steal your … Continue reading Target Data Breach: How You Can Profit (Legally!)

American Eagle Outfitters (AEO) Stock Clipped by CEO Departure

Struggling teen retailer American Eagle Outfitters (NYSE: AEO) is in free-fall mode this morning after a surprise announcement on Wednesday after the market closed that CEO Robert Hanson was leaving the company. AEO shares are down 10% in regular trading. RBC analyst Howard Tubin is quoted as saying the news comes as a complete surprise. … Continue reading American Eagle Outfitters (AEO) Stock Clipped by CEO Departure

A Contrarian Strategy that Beats Wall Street

It’s a fact that Wall Street professionals are horrible at predicting market performance from year to year. Yet, every January hordes of highly paid experts continue the annual tradition of predicting the market’s fate only to disappoint investors when the year comes to a close. So, if we know Wall Street’s annual market forecasts are … Continue reading A Contrarian Strategy that Beats Wall Street

Why the Wall Street Dealers Can’t Deliver What You Can

As an economist, John Maynard Keynes’ intellectual rigor left much to be desired.  As an investor, Keynes was frequently spot on.  He understood Wall Street and approached it with a keen, skeptical eye – once observing, “The dealers on Wall Street could make huge fortunes if only they had no inside information.” I can’t say … Continue reading Why the Wall Street Dealers Can’t Deliver What You Can