The Accounting Red Flag That Keeps Me Out of Foreign Stocks

Jack Carter | May 6, 2026

🚨 I’ll be live at 11:30 a.m. ET with Jeffry🚨
We’ll share the report with today’s top Income Harvester trades, break down our personal setups, discuss what’s moving markets and more [tap to join us for Market Masters]

Someone asked me the other day about Samsung Electronics (SSNLF).

And look, I get it. Samsung’s a well-run company, the products are solid and the business model makes sense. On paper, it looks like the kind of name you’d want to trade.

But I don’t touch it. And it’s not because I don’t see the opportunity — it’s because I have one hard line when it comes to foreign stocks, and it all comes back to one thing: accounting.

I don’t do anything with foreign stocks because I don’t even believe the accounting here. I definitely don’t believe the accounting overseas.

When you’re trading a stock, you’re betting on the numbers — revenue, earnings, cash flow and margins. But many foreign companies don’t follow the same accounting standards, and they don’t have to.

I’ll take foreign exposure via ETFs sometimes, but only because then I know the rules the fund has to follow. That’s the only way I’m comfortable stepping outside U.S. borders.

I Don’t Believe the Numbers

I’ve been doing this long enough to spot when something smells off. With a lot of foreign companies, the reporting just isn’t something I’m willing to rely on.

There are plenty of European companies with questionable financials too. We’ve got enough noise here to worry about without adding another layer of uncertainty.

Yeah, accounting here has its own issues. Companies play games with how they report earnings — it’s a mess. But at least I understand the framework.

I know how to read through the noise and figure out what’s real and what’s window dressing.

Even Domestic Accounting Is Trickeration

Don’t get me wrong — the U.S. system isn’t clean. Not even close.

But the rules here are established, and there’s oversight and structure behind how companies report.

I’ve spent decades learning how to navigate that system and interpret what’s actually happening beneath the surface.

It doesn’t matter for trading — story, fundamentals, none of that matters if you can’t trust the underlying numbers.

With foreign names, I don’t have that edge. I don’t know the local rules, how auditors operate or what gets swept under the rug.

And I’m not about to start guessing.

Samsung might be a great company. But if I can’t trust the scoreboard, I’m not playing the game.

Stick to what you can verify. Protect your edge. There are thousands of ways to make money right here at home.

Trade well,

Jack Carter
Jack Carter Trading 

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

Important Note: No one from the ProsperityPub team or Jack Carter Trading will ever contact you directly on Telegram. 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. Have You Checked Out This Stunning Options Data?

Thanks to one powerful market phenomenon that triggers on some of the most popular stocks out there, it’s possible to uncover the one trade primed to give the best shot at a payout…

And I’ll show you the ropes and how you can jump in on the next opportunity!

Check out the Shocking Options Data Here!

Disclaimer: We develop tools and strategies to the best of our ability, but we can’t guarantee the future. There is always a risk of loss when trading. Past performance is not indicative of future results. From 1/1/21 through 4/2/26, the average return per options trade alert published in real time (winners and losers) is 3.37% in 3 days, with a 96.2% win rate.

Bitcoin: When 1 Falling Domino Takes Down the Whole Block

Pods Admin | November 24, 2025

I’ve been watching something unfold that a lot of folks didn’t see coming. Bitcoin’s decline is creating a cascading effect across multiple asset classes, and it’s not just about the price. 

It’s about the psychological impact on crypto and everything connected to it.

The Ripple Nobody Expected

BlackRock (BLK) has taken a beating as IBIT’s experienced massive outflows. That’s not a small thing when you’re talking about one of the largest asset managers in the world getting hit hard by Bitcoin exposure.

But it doesn’t stop there.

MicroStrategy (MSTR) is facing a serious crisis with the potential MSCI delisting, and there’s a bigger layer to that story. Nasdaq rules for the Nasdaq 100 (QQQ) restrict companies from having more than half their assets concentrated in a single commodity, and MicroStrategy’s heavy Bitcoin positioning is putting it directly in the crosshairs. 

That regulatory pressure is becoming just as much of a threat as the price action itself.

Coinbase (COIN) is declining because there’s going to be less trading and lower total asset values in its broker-dealer. When the underlying assets drop, the platforms that facilitate trading those assets take a hit too.

All of this has turned into a ripple effect that caught nearly everyone off guard. One little thing like Bitcoin can hurt so much other stuff, and if MicroStrategy ever has to liquidate, there won’t be enough buyers to absorb it all. 

That could be a backbreaker for the stock.

The surprising part is how quickly this all materialized. No one really saw this coming, and the speed of the shift is causing real stress across the market.

The Store of Capital Narrative Is Cracking

Bitcoin is proving more volatile than people thought, and that’s contradicting the entire store of capital story that’s been pushed for years. This drop is hitting confidence in a big way.

And it goes beyond charts. The decline is creating a psychological effect across crypto. Investors who believed Bitcoin was a safe haven or long-term stabilizer are being forced to rethink that narrative. 

When people realize something isn’t the secure store of value they thought it was, sentiment shifts fast — and that shift can be more damaging than the price decline itself.

Even Schwab is discussing how Bitcoin is more volatile than people think. When the big retail platforms start warning clients, you know the narrative is shifting.

Everyone who thought Bitcoin would hit $250,000 by year-end is getting a rude awakening. Instead of moonshots, we’re seeing Bitcoin drop another couple percent while the bulls scramble to explain it away.

The damage extends far beyond just the coin itself. Billions have been knocked off valuations across anything Bitcoin or blockchain related — that includes Robinhood (HOOD), Circle (CRCL) and every other company tied to the space. This is the ripple effect I keep telling people about — Bitcoin is a real danger.

Now, I’m not saying Bitcoin is going to zero or that crypto is dead. But I am saying the volatility is real, the risk is real, and the interconnected nature of these assets means one bad move can cascade fast.

For what it’s worth, I’m willing to be assigned IBIT shares if it comes to that. I believe in the long-term potential but I’m also sizing my risk appropriately and not betting the farm on a single narrative.

Stay disciplined out there. The market doesn’t care about your thesis — it only cares about price.

Trade well,

Jack Carter
Jack Carter Trading 

Follow along and join the conversation for real-time analysis, trade ideas, market insights and more!

Important Note: No one from the ProsperityPub team or Jack Carter Trading will ever contact you directly on Telegram. 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. Discover the New ‘Income Glitch’ Breakthrough 

You’ll get a full breakdown on the market anomaly that paid out FIVE times in October.

And Jack will reveal the newest “income glitch” opportunity that just triggered.

Get the Full Breakdown Here!

We develop tools and strategies to the best of our ability, but no one can guarantee the future. There is always a risk of loss when trading. Past performance is not indicative of future results.  From 1/1/21 through 11/12/25, the average return per options trade alert published in real time (winners and losers) is 2.81% in 3 days, with a 95.9% win rate.

About Jack Carter

Ileana Wolfort | November 18, 2020

Welcome to Jack Carter Trading! Please allow me to properly introduce myself… My name is Jack Carter, I’ve been a professional trader for over 36 years now. Back in 1984 when I first began my career as a Wall Street trained broker I never imagined I would be here today… With the privilege of being able to help thousands of people all over the world become better investors.


I’ve been very fortunate to experience a great deal of success during my career… With over a BILLION DOLLARS of trading volume under my belt… But my success didn’t happen overnight, it took a lot of hard work and determination. Which is why I’ve made it my mission to help others achieve their financial dreams and avoid the pitfalls I had to encounter along the way.