Aluminum

Aluminum-maker Alcoa Inc (NYSE: AA) reported first-quarter revenues that missed Wall Street estimates Monday, and shares are sinking in after-hours trade. Revenue for the quarter came in at $5.96 billion, but it was below the Wall Street target of $6.08 billion. The stock is down 3.4% in after-...

Corporations are prohibited by law from holding a monopoly on a particular industry. But the same cannot be said for investors, who are able to hold huge amounts of the world's commodities. The Wall Street Journal has published a story focusing on the copper market, in which a single trader...

On January 19th I suggested that Alcoa (NYSE: AA) was a good candidate for shorting at 15.50 . The initial target of 14.67 was easily surpassed with the stock price reaching a low of 12.26 . A conservative investor, with an entry at 15.50 could have gained 3.24 per share exiting at the low. The...

Looks like the Aluminum [ stock AA ] has become somewhat tarnished. The Evening Star Doji of the 11th of January certainly was an ill omen for Alcoa. From the High of 17.60 the stock eventually Closed at 17.45 . Then on the 12th it Gapped Down 1.33 to 16.12 . The Low of that day was 15.41 which...

The results are in, and it's no surprise that aluminum stocks were the week's biggest losers. The S&P 1500 Aluminum Index fell 8.4% for the week, led by ALCOA's (NYSE: AA) post-earnings debacle. Does this mean that ALCOA Inc. - or the entire aluminum industry for that matter - is now...

Caterpillar Inc. (CAT) and Deere & Co. (DE) were the ringleaders of the rally from the construction and farming machinery rally on Monday... the day's biggest gainers with a market-weighted bullish move of 3.5%. The pop was a pre-emptive buy in front of what was supposed to be good news from...

What do ALCOA Inc. (AA), the Aluminum Corp. of China (ACH), and Century Aluminum Co. (CENX) have in common? They’re all part of a group that’s close to going parabolic…. a technical term that’s the intelligent way of saying they’re about to launch like a rocket. If they do (and that’s a big if,...

Since August the presumed neckline at or near $12.40 has acted as good support for the stock price. The inverse H&S, if valid, gives a target of $19.80 give or take.