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S p coming in 1. 44 . Nasdaq falling 0. 88 . There were positive signs that were constructive enough to merit a positive construction. In the interest of explaining the prevailing pain, lets talk about what made things hideous to begin with. The stock price has been holding to the expectation as to what people thought companies would earn or thought they would say. It is about having your stock chob b clobbered. Companies go higher. Im asking. What happened if you have a company that has super duber i love you, you love me expectations and it fails and fails spectacularly . Sell sell sell sell...

All right. Were back. Hello, welcome to Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Heavy metal profits brings the first u. S. Company out of the gate with earnings season. But results will continue to be pressured by weak demand. Samsung electronics operates a fifth straight quarter, but sales flip. And government is on track for the austerity measures as Angela Merkel gives up for election. And aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u. S. Government over that ver...

German Business Confidence unexpectedly weak. Green arrows at a 40month low. Our road map begins with what to do after the selloff. We finally have a dow component raising guidance but has anything changed with 40 of S P Companies beating on the top line . We travel to get cramers take on at t. Facebook is up 20 plus percent this morning. Thats after beating by a penny and showing signs its monetizing mobile at a decent clip. Upgrades are in full force. Shares are still to be unlocked. If theres a true disappointment, it might be netflix. Missing its target on the year on subscriber growth. Wh...

Hit you totally out of left field. Or even worse, something bad will happen that could have easily been anticipated unless you took the appropriate precautions, and you will end up being run over by a train that you actually saw coming. All aboard think of how often weve been clobbered by the mess in europe. Every time things look less horrible across the atlantic, every time we begin to wonder, just maybe the worst has finally passed there, is some hideous headline and the euro panic comes back with a vengeance and the s p 500 gets bashed down by a torrent of selling. Thats why its so importa...

Including todays roller coaster action. Markets closed up, the dow rising 2 points, the s p gaining 0. 38 . Stocks are going up or down not because of Revenue Growth or lack thereof. Thats the simplistic way the newspapers are explaining it. Theyre going up or down because of expectations with a capital e. Often the expectations are just too great going into the quarter, or the expectations are negative enough that poor expectations should be the title of some of these Conference Calls. Take caterpillar. It reported a hideous quarter because it was the worst of times in china, the worst of tim...