Tuesday, October 7, 2008

Earnings Season Kicks Off With Alcoa

Alcoa will bring in the fourth quarter earnings season after the close today and the full flurry of reports will be in full swing in about a week.Don't forget the short covering ban will expire tomorrow night at midnight.Helluva job by Cox and the SEC on that one as the market absolutely plunged since the rules inception. It will be interesting to see if investors reload with a vengeance or just take their bat and all and go home.

Futures are catching a bounce this morning and the waters seem calm for now. Personally, at the risk of being a total grim reaper I'd like to see one last hard whack to 9000.


LearningToTrade said...


Earlier you send you are going to send weekly newsletter. Have you started doing it?

Just wondering.

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.