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The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
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DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
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Dots

...If the dots don't connect, gather more dots until they do...

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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?