European Problems

I thought the bigger news today would be Chinese CPI coming in at a lower than expected at 6.3%, but leave to good old Europe to spoil the party. Futures were actually up all night off the Obama speech and the Chinese CPI, but the Euro faliing to $1.37 by 5AM had futures doing a quick 180. There is one bright spot today in the stocks that I watch are beating the market, being only down a percent or so when the market is falling about two percent. This is why I try to stress to you about picking good companies that will do well regardless of the macro issues facing the world.