Weekend Watcher: When Reality Dashes Hope
"Stocks trade up on expectations for the future": This Investing 101 line is probably emblazoned in your brain. However, as zany as this may sound, that age-old axiom needs a tweaking. "Expectations" has to be separated from "hopes for the future" -- because, otherwise, you the investor may be left holding the bag, especially around earnings season.
Here's my thinking about buying a stock based on "future expectations":...421 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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