Sign Up For The Next
New Constructs Webinar






Navigation

Danger Zone: Value Investors

Tuesday, April 1st, 2014 7827785878_34859830a8_m

Check out this week’s Danger Zone Interview with Chuck Jaffe of Money Life and MarketWatch.com.
Value investors are in the… Read more >>

Read More

All Cap Growth Style

Thursday, January 30th, 2014 BW Final

The All Cap Growth style ranks fifth 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 ratings of 2 ETFs and 448 mutual funds in the All Cap Growth style as of January 28, 2014.

Read More

Danger Zone: Momentum Investors and the Financial Sector

Tuesday, November 26th, 2013 DZ_Fig1

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.

Read More

Best & Worst ETFs and Mutual Funds: All Cap Value Style

Friday, October 25th, 2013 Screen shot 2013-10-25 at 1.46.46 PM

The All Cap Value style ranks fifth 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 ratings of 2 ETFs and 238 mutual funds in the All Cap Value style as of October 17, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector and style are here.

Read More

Danger Zone 8/26/13: First Trust Value Line 100 ETF (FVL)

Monday, August 26th, 2013 Danger Zone 8/26/13: First Trust Value Line 100 ETF (FVL)

First Trust Value Line 100 ETF (FVL) is in the Danger Zone this week. FVL is another example of a supposedly “passive” ETF that purportedly tracks an index but actually resembles an actively managed portfolio. FVL’s methodology tracks an index, but it is an index in name only.

Read More

Off-Balance Sheet Reserves – Invested Capital Adjustment

Wednesday, July 3rd, 2013 ICRES

Reported assets don’t tell the whole story of the capital invested in a business. Accounting rules provide numerous loopholes that companies can exploit to hide issues and obscure the true amount of capital invested in a business over its life.

Read More

Non-Operating Tax Adjustment – NOPAT Adjustment

Tuesday, June 25th, 2013 NOTA

Without removing the tax impact of non-operating items, one still gets distorted picture of a company’s operating profitability.

Read More

Danger Zone 6/17/13: Citigroup (C)

Monday, June 17th, 2013 DZCG1

As the market bulls continue to look to rising interest rates as a sign of future strength for Citi, they ignore the fundamentals of the market and of Citi’s weak profit history.

Read More

Non-Operating Income Hidden in Operating Earnings – NOPAT Adjustment

Monday, June 17th, 2013 NewConstructs_NOPATadj_hiddenincome

Non-operating items in operating income are unusual gains that don’t appear on the income statement because they are bundled in other line items. Without careful footnotes research, investors would never know that these non-recurring income items distort GAAP numbers by artificially raising operating earnings.

Read More

Asset Write-Downs Hidden In Operating Earnings – NOPAT Adjustment

Monday, June 10th, 2013 AWDIO

Asset write-downs are unusual charges that don’t appear on the income statement because they are bundled in other line items. Without careful footnotes research, investors would never know that these non-recurring items distort operating earnings by overstating core-operating costs.

Read More

Danger Zone 6/3/2013: Perma-Bears and Bubble Alarmists

Monday, June 3rd, 2013 Danger Zone 6/3/2013: Perma-Bears and Bubble Alarmists

I am optimistic about the U.S. economy and I don’t believe we are in bubble. Too many investors and economists are looking at the economy the wrong way.

Read More

How To Find the Best Sector ETFs

Monday, May 20th, 2013 BSRETFT

Finding the best ETFs is an increasingly difficult task as there are more and more to choose from every day.

Read More

Best & Worst ETFs and Mutual Funds: Large-cap Growth Style

Thursday, May 9th, 2013 LCGT1

The Large-cap Growth style ranks fourth 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 ratings of 23 ETFs and 717 mutual funds in the Large-cap Growth style as of May 2, 2013.

Read More

Best & Worst ETFs & Mutual Funds: Financials Sector

Friday, February 1st, 2013 Financials Table 3

The Financials sector ranks tenth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Very Dangerous rating, which is based on aggregation of ratings of 46 ETFs and 227 mutual funds in the Financials sector as of January 30, 2013.

Read More

How To Find the Best Sector ETFs

Friday, November 30th, 2012 BestSectorETFs

Finding the best ETFs is an increasingly difficult task in a world where a new ETF seems to be born every 10 seconds.

Read More

The Danger Zone Pick: 10/22/12

Monday, October 22nd, 2012 The Danger Zone Pick: 10/22/12

Check out my latest Danger Zone interview with Chuck Jaffe of MarketWatch.com.
This week, a former member of our Most Dangerous Stocks, is in the Danger Zone.

Read More

Citigroup (C) and Bank Of America (BAC) Dropped from Most Dangerous List

Tuesday, August 14th, 2012 BAC_fig

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.

Read More

Best & Worst Style ETFs & Mutual Funds

Monday, July 16th, 2012 BestWorstStyle1

This report identifies the “best” ETFs and mutual funds based on the quality of their holdings and their costs. As detailed in “Low-Cost Funds Dupe Investors”, there are few funds that have both good holdings and low costs. While there are lots of cheap funds, there are very few with high-quality holdings.

Read More

See How Diligence Paid In 2011

Monday, April 30th, 2012 dreamstimefree_6271799_handHoldingLightBulb

Everyone wants diligence. Few will ever turn it down. The problem is that diligence is expensive. New Constructs makes diligence cost-effective.

Read More

Best & Worst ETFs and Mutual Funds: All-cap Blend

Monday, April 30th, 2012 AllCapBlendFig2

The all-cap blend style ranks third out of the twelve fund styles as detailed in my style roadmap. It gets… Read more >>

Read More
Page 1 of 212