Day Ahead: Why the European Union Is Killing Souls
After some self-reflection, which reminded me to adhere to common sense, I have decided to keep it on the light side this morning. On Wednesday, I bared what's left of my investing soul for all to see, stating that the market setup into the end of the week was atrocious. Expectations were on steroids. A fresh round of earnings was as encouraging as having a parent laugh at you after you fall from a bike, wearing a pair of short shorts.
Among those companies that did manage to sneak over the earnings hurdle, there were legitimate questions on earnings quality and sustainability. (I had a great discussion with Jim Cramer's fabulous researcher Nicole Urken on Panera Bread's (PNRA) true outlook into year-end ... how does it maintain its price increases? Come on.)...585 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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