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Friday, June 28, 2013

Is Alcoa a Harbinger of Things to Come?

AA's earnings come out July 8th. This US "economic bellweather" has made DECREASING advances on a continuing basis since it bottomed in 2009, has been in a downtrend since April 2011, and it's threatening to drop below that bottom.

Has AA had its day or is it a harbinger of things to come in the general markets, as I wrote about on April 8th?