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Following Insider Buying on Cleveland-Cliffs Pays Off

In yesterday’s Trade of the Day, I wrote about the Cleveland-Cliffs (NYSE: CLF) insider play I recommended in The War Room. The thesis behind the trade was simple. I saw good cluster buying by insiders, and that triggered a buy signal.
Usually, insider plays take weeks or months to play out. This one played out in a matter of a couple days!
War Room members entered Cleveland-Cliffs on Tuesday at prices between $8.45 and $8.50. Yesterday they exited at around $9 for a quick base hit. This play was another example of how we can profit from all types of trades, including …read more […]

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Hedge Funds Are Dumping NIO Limited (NIO)

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that’s why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […] …read more […]

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Hedge Funds Are Crazy About Assertio Therapeutics, Inc. (ASRT)

How do we determine whether Assertio Therapeutics, Inc. (NASDAQ:ASRT) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data shows […] …read more […]

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Here is What Hedge Funds Think About Foamix Pharmaceuticals Ltd (FOMX)

Hedge funds are known to underperform the bull markets but that’s not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […] …read more […]

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What is a 403(b) Plan?

Retirement 401(k) plans are common. However, we’re going to discuss the slightly-less famous cousin, the 403(b) retirement plan. Also named after the IRS tax code, 403(b) plans are offered to employees of tax-exempt groups (Code Section 501(c)(3)) and public education institutions. Also, some ministers may be eligible for a 403(b), but churches have a plan of their own.
So, what is a 403(b) retirement plan? Let’s go over the specifics…

What is a 403(b) Plan?
A 403(b) retirement plan lets you save money, lower your taxable income, and invest your savings. When they were first created, 403(b) plans were tax-sheltered annuities. So they …read more […]

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Boeing bows out of multibillion-dollar Minuteman III replacement competition

Boeing Co has decided it will not compete as a prime contractor to replace the Pentagon’s aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars. Friday marked the deadline to submit proposals to continue work on the replacement of the nearly half-century-old intercontinental ballistic missile (ICBM) system as the military embarks on a costly modernization of its aging atomic weapons. Boeing said in a statement that it was disappointed it was unable to submit a bid. …read more […]

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A Startup Fired Its CEO for Expensing $76,120 at Strip Clubs

(Bloomberg) — Scott Lang, the new chief executive officer of Turvo Inc., wants to emphasize an important corporate policy at his startup: Employees may not entertain clients at strip clubs and certainly not bill those trips to the business. The rule is salient because his predecessor was fired for doing just that.The board accused the co-founder, Eric Gilmore, of expensing $76,120 at strip clubs over a three-year span and removed him as CEO in May, according to legal filings. Gilmore, 39, didn’t deny the accusations, but he sued the company, claiming the board didn’t follow the proper protocol for his …read more […]

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The “Target Effect” Is Delighting Retail Stock Investors

As we come ever closer to the holidays, investors should keep a sharp eye on Target (NYSE: TGT). There are many reasons for this, but perhaps none more so than the continued pull of the legendary “Target Effect.”
Target’s stock price is up about 88% on the year. Compare that with other retailers like Walmart (NYSE: WMT) and Amazon (Nasdaq: AMZN) which are only up about 25% and 14%, respectively. And compare it with the S&P 500, which is only up about 24% on the year.
But… isn’t retail dead? And if so, why is Target enjoying such phenomenal performance …read more […]

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3 Buy-Rated Stocks Trading at Steep Discounts

Will the rally ever end? Stocks continue to climb to record levels. Boosted by strong economic data and the promise of U.S.-China trade talks, the S&P 500 is now up 26% year to date. That means upside potential can look limited from these lofty heights and finding stocks to buy seems a daunting task.Fortunately, the TipRanks’ Stock Screener tool enables you to search for stocks with a bullish rating from the Street’s best analysts. Plus you can screen for only stocks with 20% upside potential and above. The tool searches a database of more than 6,400 publicly traded stocks, putting …read more […]

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Is AMC Entertainment Holdings Inc (AMC) Going to Burn These Hedge Funds?

The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn’t the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […] …read more […]