New Constructs’ Offerings: Website Overview
Here is a quick guide to the basics of the New Constructs website.
David Trainer, Founder & CEO
David Trainer, Founder & CEO
Flaws In Traditional Fund Research Should Not Be Tolerated
Investors deserve truly independent research on funds. I show they are not getting it from Morningstar.
David Trainer, Founder & CEO
The Most Attractive ETFs for March
My ratings on ETFs are unique because they are based on my stock ratings for each of a fund’s holdings.
Analyzing and rating an ETF based on its holdings delivers many interesting insights:
David Trainer, Founder & CEO
Bank 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.
David Trainer, Founder & CEO
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 Stocks list, which is available for non-subscribers as of today. There are 40 stocks on the Most Dangerous list every month.
David Trainer, Founder & CEO
YUM! Brands, Inc. (YUM): Attractive Rating — for Ask Matt Readers
YUM! Brands, Inc. (YUM) bet my Attractive rating. Here is a free copy of my report on YUM.
David Trainer, Founder & CEO
Get Off the SBUX Bandwagon Before It Crashes
Be wary of advice from the bandwagon riders. They care more about getting more people in the bandwagon than anything else.
The Starbucks (SBUX) bandwagon is a big one. I am not on it.
David Trainer, Founder & CEO
Matt 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 the meat of my "Raising Fees Is A Desperate Measure: Sell BAC" article.
David Trainer, Founder & CEO
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 45% bounce a “dead cat” bounce because I expect the stock to fall right back to $5/share, where it bottomed last Thanksgiving, or lower.
David Trainer, Founder & CEO
footnoted.org vs New Constructs = Hype vs Substance
When I ran across the recent article "270,033 pages later, a chance to catch our breath…", I could not help but admire footnoted.org's marketing moxy.
The article provides a count of the number of pages of 10-K filings that have poured in during the real earnings season. It also highlight a couple of the largest filings. At first glance, it is easy for one to assume that all of the 270,033 pages were also analyzed.
David Trainer, Founder & CEO
Raising 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 lows and today’s news confirms my view that the expectations basked into the stock’s valuation are writing checks that the company cannot cash.
David Trainer, Founder & CEO
Wall $treet Week Returns: New Constructs’ Unique Research and Very Attractive Rating for AAPL
My interview with Wall $treet Week focuses on the uniquely rigorous research of New Constructs and three of our top stock picks.
David Trainer, Founder & CEO
Smoking Out the Truth: Buy MO
As discussed in “The Real Earnings Season Starts Now”, annual reports are the best source for developing investment ideas. I provided my clients with dozens of insights in 2011 that delivered impressive returns, and I continue that trend with my recommendation of MO.
David Trainer, Founder & CEO
Top Fund-Indsutry Expert: New Constructs’ Predictive Ratings Are Gaining Following
Competition for Lipper and Morningstar is "heating up" according to fund-industry expert Chuck Jaffe. Research based on past performance is losing favor as investor recognize its lack of rigor and value.
David Trainer, Founder & CEO
Fox Business News: “The Real Earnings Season”
Fox Business News features my focus on the Real Earnings Season that is overlooked by most everyone in the market.
David Trainer, Founder & CEO
The Real Earnings Season Begins Now
Nearly all of the investing world ignores 10-K season. 10-Ks contain the most important financial information that companies provide all year.
David Trainer, Founder & CEO
Best and Worst Funds: Small-cap Blend Style
The small-cap blend style ranks eleventh out of the twelve fund styles as detailed in my style roadmap. It gets my Dangerous rating, which is based on aggregation of fund ratings of 681 small-cap blend funds as of Feb 14th 2012.
David Trainer, Founder & CEO
Best and Worst Funds: Mid-cap Value Style
The mid-cap value style ranks tenth out of the twelve fund styles as detailed in my style roadmap. It gets my Dangerous rating, which is based on aggregation of fund ratings of 239 mid-cap value funds as of Feb 14th 2012.
David Trainer, Founder & CEO
Best and Worst Funds: Small-cap Growth Style
The small-cap growth style ranks ninth out of the twelve fund styles as detailed in my style roadmap. It gets my Dangerous rating, which is based on aggregation of fund ratings of 486 small-cap growth funds as of Feb 13th 2012.
David Trainer, Founder & CEO
Best and Worst Funds: Small-cap Value Style
The small-cap value style ranks last out of the twelve fund styles as detailed in my style roadmap. It gets my Dangerous rating, which is based on aggregation of fund ratings of 327 small-cap value funds as of Feb 15th 2012.
David Trainer, Founder & CEO