Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Tuesday, the 8th of January.
In today's video, we will analyze AlCOA (AA), who reports earnings after the bell today. There are a couple of technical features that are very interesting at the moment and that standout for this stock. Are market expectations on earnings already built into current prices? We will find out after the close, but in the meantime we will share with you exactly how we are positioned in ALCOA going into earnings season.
JUST REMEMBER …
"SILLY SEASON" is not officially over until next week. Look for the markets to continue to be a little crazy until then.
In the next week or so we will release the 2012 results of our "World Cup Portfolio". I am happy to report that the preliminary results all point to another banner year.
Not sure where to start for the new year? Check out MarketClub's sample portfolios, which provide members with examples of how to use the Trade Triangles and what kind of returns they can expect.
Have a great trading day,
Adam Hewison
Founder & President INO.com and co-founder of MarketClub.com.
