The Day Ahead: Do Your Own Research

I didn't want to give an opinion on a single stock the day after a profound move in the market (and yes, I am still looking for the "new dawn"). But I have to considering the internal range of emotions coming off the set from this segment Tuesday and given I am now part of the financial-media brotherhood.

The chance is high that you at some point you have relied on sell-side research to inform and gain the confidence in pulling the buy trigger. Hell, I used to pump out reports like a stone-cold freak (Stephanie Link got all these reports). Unfortunately, the real deal is that most brokerage-funded research should be completely ignored or analyzed specifically to gauge the mood of the Street prior to earnings reports or important events. This sounds silly but I almost get the sense that many pros and wannabe pros have forgotten what it means to select a stock. Here are a couple of simplistic reminders:...589 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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