Retail's News Just Isn't Good Enough

What makes someone like me skittish about the stock market? First, I am a sector-by-sector, bottoms-up guy, meaning that I don't take much stock in various broad government numbers, except the employment number we get tomorrow, as that is very important for the market. I don't care all that much about the charts, but I respect what they say.

In reality, though, I care about what the companies are telling us, and I try to form a worldview, an outlook based on what real business people -- not politicians, bureaucrats, strategists or chartists -- tell me. That way I am more certain in my convictions and I feel grounded. I always say that you need to be confident in your choices, and I don't care how you make those choices. Chartists like to look at pictographs. That floats their boat. Big macro thinkers like all of that data. I like the conference calls, the earnings reports and the research, and, alas, I haven't liked what I have heard of late, particularly in retail....486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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