I take great pleasure in recommending investors buy Clorox (CLX) – an attractive-rated stock, not just because of its strong profitability and cheap valuation but also because of the unusually high quality and integrity of its financial reporting.Read More
Great interview this am with Dagan McDowell and Ashley Webster about my recent article: “The Fed’s Bazooka: Revealed As Final Policy Firepower in Jackson Hole”.Read More
No more Mr. Nice Guy. It is time for Mr. Bernanke to break out the big guns in Jackson Hole this Friday.Read More
Too much of the rhetoric surrounding S&P’s downgrade of US debt misses the largest and most important point made by S&P’s bold move: the U.S. financial situation is very bad and getting worse with no reconciliation in sight.
It is difficult to deny the poor credit quality of an entity that grossly overspends its revenues, has a mountain of debt (most of which matures within the next few years) and has taken no meaningful steps toward remedying the situation?
By quibbling over S&P’s procedures and calculations, the Treasury and White House reveal that they have no solid rationale for disagreeing with the downgrade.
The financial sector is one of four sectors to earn our “dangerous” rating and is the worst-ranked sector in the our 3Q11 Sector Roadmap report according to my methodology at New Constructs.Read More
Here is a free copy of our report on RIMM for readers of Ask Matt.
The valuation of RIMM’s stock implies the company’s after-tax cash flow (NOPAT) will permanently decline by nearly 75%.
The paramount innovation in the Federal Reserve’s statement yesterday was that it will keep interest rates low until at least the middle of 2013.
Did anyone really expect the Fed to announce it would raise rates anytime in the near future?
The market decline experienced thus far is closer to its beginning rather then its end. Today’s refreshing market rise is likely just a flash in the pan.
The market needs to go down again before it can sustain any future rise.
I recommend investors avoid all energy sector ETFs. There are no ETFs in the energy sector with an attractive-or-better rating from my methodology at New Constructs. None of the ETFs rank better than the S&P500.
Investors should sell all dangerous-rated energy sector ETFs. The five ETFs below are the worst-rated of all energy sector ETFs: