thinkstockStocks were highly confused all day after the Labor Department showed that a 6.7% unemployment rate surprise was simply because so many people have dropped out of the workforce. The real bomb…
ThinkstockAlcoa Inc. (NYSE: AA) had been volatile ahead of earnings, hitting a 52-week high just before the report. Now we have the earnings report, and it will be interesting to see if…
Jon C. Ogg thinkstockJanuary 8, 2014: DJIA was -70.71 at 16,460.23 (unofficial close) S&P 500 was -0.42 at 1,837.46 (unofficial close) The markets had to deal with an FOMC Minutes report and the first ten-year…
Alcoa Inc. (NYSE: AA) saw its status as a Dow Jones Industrial Average component taken away in 2013. In our annual outlook series, 24/7 Wall St. wants to see what Alcoa's prospects…
Jon C. Ogg ThinkstockAs in 2013, the twin focus of the mining industry will be to lower costs and reduce capital spending. There are also likely to be some asset sales as the larger miners…
Beginning April 1, the cost to store commodities like aluminum and copper in London Metal Exchange (LME) bonded warehouses will rise at average of 3% and transportation charges out of the warehouses…
ThinkstockCommodity prices took a sharp downward turn in 2013, but the good news appears to be that it will not get any worse in 2014. According a recent report, analysts at Moody’s…
Jon OggIt is the Monday ahead of Thanksgiving, the markets are at new highs, and earnings season is over for the most part. Now investors have to consider research ideas on how…
Jon OggIt is a bull market and the Dow Jones Industrial Average and the S&P 500 Index have both challenged new all-time highs recently. For the market to keep rising, more stocks…
ThinkstockAt its annual investor day event Thursday, Alcoa Inc. (NYSE: AA) announced a new three-year plan to drive its revenues higher and cut its costs. The company noted that in the period…
Jon OggThird quarter earnings season has been more positive than expected by and large. We have seen some very positive earnings season reactions. We have also seen some serious duds after earnings.…
ThinkstockAlcoa Inc. (NYSE: AA) has just kicked off earnings season, and it was probably more than just a timing coincidence that Alcoa’s shares were downgraded this morning ahead of the numbers. Amazingly,…
Jon C. Ogg ThinkstockAt the week-long metals conference known as LME week, CME Group Inc. (NASDAQ: CME) on Tuesday said it will launch an aluminum contract on an as-yet undetermined date. The contract will challenge…
ThinkstockAt the annual London Metals Exchange (LME) Week, which began Monday, no one expects major changes to the way the exchange manages its warehousing system for aluminum, copper and other base metals.…
ThinkstockWe already have warned that investors and traders alike are now unlikely to see five key economic reports this week due to the government shutdown. Industry economic reports still will be released.…
