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Forensic Accounting Says Avoid Energy & Financial Stocks
As one financial scandal follows another, it seems the good guys are having a tougher time catching the bad guys. Recent revelations about MF Global’s ponzi scheme are another reminder of how our...
View ArticleWall $treet Week Returns: New Constructs’ Unique Research and Very Attractive...
My interview with Wall $treet Week focuses on the uniquely rigorous research of New Constructs and three of our top stock picks. To see the second half of the interview and my comments on Bank Of...
View ArticleRaising Fees Is A Desperate Measure: Sell BAC
Recent news that Bank Of America (BAC) is considering jacking up its fees on basic checking accounts suggests the company is bad shape. As I wrote yesterday, I believe BAC stock is headed back to its...
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Sell BAC: Management Is Running Out of Gimmicks
Year to date, Bank Of America (BAC) stock is up nearly 45% compared to the S&P at +about 8%. BAC stock has bounced back nicely after dropping precipitously at the end of last year. I would call the...
View ArticleMatt Taibbi of Rolling Stone References My Article on BAC’s New Fees
Always flattered when a journalist, especially one as famous and respected at Mr. Taibbi, references my work. His article “Bank of America In Trouble?” incorporated most of my “Raising Fees Is A...
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The Most Dangerous ETFs For March
My ratings on ETFs are unique because they are based on my stock ratings for each of a fund’s holdings. Ergo, the “Most Dangerous” ETFs allocate the most capital to stocks on March’s Most Dangerous...
View ArticleBank Of America (BAC): Very Dangerous Rating — for Ask Matt Readers
Bank Of America (BAC) gets our Very Dangerous rating because it has misleading earnings and a very expensive valuation. Here is my free report on BAC. My free stock screener delivers my...
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Citigroup (C) and Bank Of America (BAC) Dropped from Most Dangerous List
For the first time in many months, both Citigroup (C) and Bank Of America (BAC) are not on our Most Dangerous Stocks list as of the release of the August report. Per the figures below, investors that...
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How To Find the Best Sector ETFs
Finding the best ETFs is an increasingly difficult task in a world where a new ETF seems to be born every 10 seconds. You Cannot Trust ETF Labels There are at least 45 different financial sector ETFs....
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Best & Worst ETFs and Mutual Funds: Large-cap Value Style
The Large-cap Value style ranks second out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of...
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Deferred Tax Assets and Liabilities
This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. Reported earnings don’t tell the whole story of a company’s profits. They are based on accounting...
View ArticleThe Leak on WikiLeaks – Regulators Knew About Risks That Led to Financial...
While I cannot predict what WikiLeaks will leak about some major banks, I have a hunch that one of the revelations might be from a special New Constructs report provided to the Senate Banking...
View ArticleSell Morgan Stanley Before It Sells You Down the River
When Morgan Stanley (MS) started in 1935, there were around fifteen employees. For 2010, the company reported 62,542 employees. Bigger is not always better. And for big, publicly-traded companies, big...
View ArticleShould Directors Ignore Those One-Time Items?
I do not think so. The question, however, is not so much about what directors ignore. You cannot ignore something about which you are unaware. The real issue is that most directors and investors are...
View ArticleETF Shoppers: Accounting Trickery At Its Worst In Financial Sector
There are 25 financial sector ETFs. Per Figure 1, these 25 ETFs have drastically different stock holdings and, therefore, allocations. The lowest number of holdings is 24 while the highest is 496. For...
View ArticleForensic Accounting Says Avoid Energy & Financial Stocks
As one financial scandal follows another, it seems the good guys are having a tougher time catching the bad guys. Recent revelations about MF Global’s ponzi scheme are another reminder of how our...
View ArticleDanger Zone: Momentum Investors and the Financial Sector
As regulators dole out punishments that fit the crimes, they are finally closing many of the illegal trading loopholes that have driven so much of Wall Street profits over the past decade. The post...
View ArticleHow To Avoid the Worst Sector ETFs
Picking from the multitude of sector ETFs is a daunting task. The post How To Avoid the Worst Sector ETFs appeared first on Diligence Institute.
View ArticleWhat We’re Reading This Morning — August 21, 2014
What can the health care sector offer investors as the market heads into uncharted territory? And other morning reads. The post What We’re Reading This Morning — August 21, 2014 appeared first on...
View ArticleWhat We’re Reading This Morning — October 15, 2014
Is the possibility of 10 years of negative stock returns looming? The post What We’re Reading This Morning — October 15, 2014 appeared first on Diligence Institute.
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