Posts Tagged ‘Alcoa Earnings’

Alcoa (AA) First Blue-Chip to Report

1:10pm (EST) The bears are picking up where they left off on Friday as futures were suggesting a lower open throughout the night.  Much of this morning’s headlines have come from overseas as the Europe debt crisis continues to be an overhang.  The eurozone finance ministers are meeting again todayRead more

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April Starts With An Apple (AAPL) Bang

9:00am (EST) The bears had a slight edge going into Monday’s session as negative news from overseas weighed on Wall Street.  The bulls were roaming on Sunday night as futures were up which lead us to believe Monday would be an up day despite the fact the indexes opened lower. Read more

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Bears Feeling Pressure

9:00am (EST) The bulls made another run at resistance on Tuesday following good news out of China and Alcoa’s (AA, $9.44, up $0.01) Q4 revenue beat.  Of course, we say this with tongue-in-cheek because this is what the headlines were saying about yesterday’s action on Wall Street. We aren’t aboutRead more

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Can’t Keep a Good Bull Down

9:00am (EST) The bears tried their best to keep the bulls underwater but the market continued to bounce off its lows into the second half of trading to finish in positive territory on Monday.  Sentiment improved once the European markets closed and we face a few obstacles this week withRead more

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Dow Nears 52-Week Highs

1:35pm (EST)  Lots of good happenings today, folks. We had a little trouble sleeping last night in anticipation of this morning’s nonfarm payrolls numbers.  Futures were up overnight by about 0.2% and we had a pretty good feeling this morning that the bulls would push the tippy-top of resistance.  The headlines forRead more

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Bulls Looking For First Win of 2011

12:10pm (EST) The market has traded in a tight range today as we close the week and the bulls are on track to get the first victory of the year if we hold at current levels.  There was a lot of nervousness ahead of this morning’s jobs data but bothRead more

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Alcoa Earns Its “AA”, CSX Tops Views

9:00am (EST) The market struggled with direction yesterday, but the bulls still found a little mustard to put on their hot dog following last week’s showoff performance.  It seemed Wall Street was a little cautious heading into the start of earnings season which Alcoa (AA, $10.87, down $0.07) “unofficially” kicked-off last night. (More on thatRead more

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Bears Are Sniffing

1:15pm (EST) The market is slightly lower as Wall Street awaits the start of 2Q earnings after the bell.  Alcoa (AA, $10.81, down $0.13) will get things rolling and is expected to report earnings of 12 cents a share.  Aluminum prices have been in a downtrend and inventory levels areRead more

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In Like Flynn

1:00pm (EST) The market started off on a strong note but has given back some of its gains as Wall Street awaits Alcoa’s (AA, $17.25, up $0.23) earnings report.  The Dow is currently up 10 points to 10,628 while the S&P 500 is off by 3 points to 1,142.  The Nasdaq isRead more

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Alcoa Reports Wider Loss

4:45pm (EST) Alcoa (AA, $7.79, down $0.12) posted a wider-than-expected loss after the bell when it reported it lost 59 cents a share. Wall Street was expecting a loss of 56 cents. However, the company did beat on the revenue side when it posted $4.1 billion versus expectations of $4.08Read more

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