Alcoa Earnings
The Dow is modestly up today ahead of the first quarter earnings season starting with Alcoa after the bell. Investors are expecting this company to come out with stronger than expected numbers. But, will these strong numbers continue to push this stock forward? I would say no. Alcoa has risen close to 12% since the beginning of the year and these strong numbers are already built into this stock. This could be a perfect example of buying on the rumor and selling on the news.
posted by Stock Administrator @ 2:20 PM
0 Comments:
Post a Comment
<< Home