Markets are bullish, as new highs on the NYSE, AMEX, and NASDAQ outpaced news lows by 8 to 1 last week. A total of 1,109 new highs were recorded, compared to only 137 new lows. Investors should thoroughly examine any stocks trading at new lows in this market. There are probably some hidden gems, but beware stocks of companies whose industries are structural quagmires. One company getting hit by a double whammy of structural changes is newspaper publisher Lee Enterprises (NYSE:LEE). The publisher owns dozens of newspapers with a total Sunday circulation of 1.65 million. Its most notable … [Read more...]