Riddle #126

Question: It dances and skips,
it's read in the eyes but it cheats with the hips,
If it meets its match it's easily caught,
but it's worth nothing if it is bought.
What is it?

Question: What do you call a sad bird?

Question: What tastes better than it smells?

Question: What goes in the water black and comes out red?

Question: What loses its head in the morning and gets it back at night?

Question: What two things can you never eat for breakfast?