The U.S. House of Representatives passed a series of bills aimed at regulating cryptocurrencies, which marked, perhaps, the most significant federal initiative to date in the oversight of digital assets. While this legislative milestone represents a potentially meaningful step toward legitimizing the crypto sector, it had little immediate impact on Bitcoin, which remained stable around the $118,000 level throughout the week.

More critically the 2Q25 earnings season, or as we like to call it “footnotes season”, is now underway, as companies started releasing their latest financial results. This period demands heightened scrutiny and diligence from investors, as Wall Street analysts frequently manipulate earnings estimates to issue more favorable ratings and maintain bullish narratives.

In this climate of speculation and story-driven stocks, investors who rely on momentum and hype expose themselves to substantial downside risk. Successfully navigating this environment requires disciplined analysis and a deeper investigation into the financials, particularly the footnotes, which often contain the most revealing insights into a company’s true earnings power and underlying economic condition.

Fortunately, we equip investors with the best-in-class fundamental research. The rigor and reliability of our work are grounded in critical insights found in financial statement footnotes – data overlooked by so many others.

The outperformance of the Bloomberg indices based on our superior research empirically prove the alpha in our research and the edge we deliver clients.

For more on the unique value-add of our research, take a look at what else we published this week!

FREE Stock Pick: We shared a free stock pick from the outperforming Very Attractive Stocks Index (ticker: BNCVA1T:IND).

Our latest Long Idea features a Very Attractive-rated mutual fund that successfully picks stocks with strong fundamentals and cheap valuations while charging below-average fees.

Continuing our quarterly ETF and mutual fund analysis series, we published the 3Q25 Style Rankings. We also published the individual sector best & worst ETFs and mutual funds and the 3Q25 Sector Ratings Recap, which has the links to all the individual reports in the series.

On the Model Portfolio front, we published a performance update for our Focus List Stocks: Long/Short, which continued its long-term outperformance. We also updated our Exec Comp Aligned with ROIC and Focus List Stocks: Long Model Portfolios.

Last but not least, we closed one of our Long Idea picks due to the stock not providing the attractive risk/reward as it once did.

Links to all our newly published research are below along with a preview for next week’s research.

We hope you had a great week!

Long Idea: This Fund Finds Real Value in an Expensive Market

Members can read the latest Long Idea here.

Focus List Stocks: Long/Short Performance 1H25

3Q25 Style Rankings

Best & Worst Sector ETFs and Mutual Funds 3Q25

Basic Materials

Consumer Cyclicals

Consumer Non-cyclicals

Energy

Financials

Healthcare

Industrials

Real Estate

Technology

Telecom Services

Utilities

3Q25 Sector Ratings Recap

Free Stock Pick from Very Attractive Stocks Index

Exec Comp Aligned with ROIC Model Portfolio Update for July 2025

Focus List Stocks: Long – Update 7/18/25

Position Close Update: No Longer in Range

Danger Zone Podcast: 7/8/25: Why Overstated Earnings Are in the Danger Zone

Upcoming Research