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Century Aluminum On Fire (CENX)
Thursday, April 1, 2010 - 2:35pm | 90Century Aluminum (NASDAQ: CENX) is surging more than 10% today on heavy volume. Shares of the company are up $1.44, or 10.47%, to $15.20. More than 6.3 million shares have been traded versus the 5.4 million average. Trading in CENX options has also been active. Traders are eyeing the May 16 and May...
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Alcoa Inc. (AA) All Set To Test Its Earlier Resistance Level Of $15.98
Thursday, April 1, 2010 - 1:41pm | 130After forming a head and shoulder pattern for a long period, Alcoa Inc. (NYSE: AA), the metal stock has started performing in a bullish manner on the charts. Alcoa Inc. (AA) has now already cleared the 20 day MA, 50 day MA and 200 day MA over the past couple of weeks after a long gap. Alcoa Inc. (...
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Laggards Become Leaders (AA, DJI)?
Thursday, April 1, 2010 - 11:07am | 137The old Wall Street saying "laggards become leaders" is ringing true as the second quarter kicks off today. In a piece yesterday I pointed out the Dogs of the Dow. In that piece you'll see Alcoa was the first-quarter Dow laggard with shares slumping nearly 12%. Well today Alcoa (NYSE: AA) is...
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The Dow Dogs Of Q1 (AA, T, VZ, PFE, MSFT)
Wednesday, March 31, 2010 - 5:44pm | 188The first quarter officially ended today and the Dow Jones Industrial Average (DJI) did go out like a lamb, losing 50.79 points. But overall, the Dow gained 4.11% for the quarter and 5.15% for the month of March. Despite these gains, there were some Dow stocks that finished in the red for the month...
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Brian Kelly Has A Short Position In AA, ACH, FCX And GS
Friday, March 26, 2010 - 10:19pm | 163Brian Kelly said on CNBC's Fast Money that the market is extended right now and it will probably move lower. He even thinks that the jobs report that we are expecting on Friday is already priced in. Brian Kelly is looking to trade on the short side, and he already has a short position in Alcoa Inc...
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US Stock Futures Inch Up; Markets May Start On A Higher Note
Friday, March 26, 2010 - 9:00am | 317US stock futures were marginally higher today after European leaders agreed to offer an aid package for Greece. With more than two hours left for trading to commence, futures on Dow Jones Industrial Average have added 27 points, while those on S&P 500 rose 2.7 points to 1165.40. Meanwhile,...
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Stock Market News for March 25, 2010 - Market News
Thursday, March 25, 2010 - 9:33am | 547Stocks retreated Wednesday after two days of winning run as sovereign debt worries and a downgrade of Portugal’s credit rating revived concerns about the global economy. Benchmark indexes pulled back from their 18-month highs and the dollar raced to a 10-month high against the euro as investors...
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Rio Tinto Signs A Pact With Chinalco (RTP, ACH, BHP)
Friday, March 19, 2010 - 4:58pm | 138Rio Tinto Ltd. (NYSE: RTP) has inked a deal with Aluminum Corp. of China (NYSE: ACH) for developing the Simandou iron ore project. Rio Tinto owns a 95% stake in the Simandou project. Chinalco will pay $1.35 billion to acquire a 47% stake in the joint venture. Tom Albanese, Chief executive Officer...
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Fast Money Picks For March 19th (AA, MYL, TJX, UNG)
Thursday, March 18, 2010 - 8:35pm | 131Tim Seymour said on CNBC's Fast Money that he will be selling shares of Alcoa (NYSE: AA) tomorrow. He bought the stock on Monday. Alcoa (AA) closed at $14.30 today, with a decline in price of 1.11%. It gained 5.85% since Monday. Mylan Inc. (NASDAQ: MYL) is Guy Adami's pick and Karen Finerman still...
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Stock Market News for March 18, 2010 - Market News
Thursday, March 18, 2010 - 9:16am | 482U.S. stock market hit a fresh 17-month high Wednesday, with the Dow average registering its seventh straight advance, as a tame wholesale inflation data and hopes that borrowing costs would remain at historic lows for some time gave investors a sense of contentment. Unlike on earlier occasions,...
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Dow Jones Climbs To Highest Level Since October 2008 (BLK, AA, MEE, F, HIG)
Wednesday, March 17, 2010 - 5:23pm | 282Bloomberg reports that the Dow Jones Industrial Average climbed to its highest level since October 2008 on Wednesday. The Index gained, led by Alcoa Inc. (NYSE: AA), which closed 4.78% higher at $14.46, with concerns that an economic recovery would stoke inflation eased. The Dow was up for the...
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Market Roundup (CROX, BBI, AA, GOOG, PLCM)
Wednesday, March 17, 2010 - 2:29pm | 274Crocs (NASDAQ: CROX) shares had a nice run up after Piper Jaffray reiterated its “overweight” rating and raised its price target from $8.50 to $9. Following its two-day meeting with CROX senior management, Piper Jaffray’s confidence in the company’s leadership, growth strategies and global market...
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Top Performing Industries For March 17 (PLCM, AA, GNCMA, TXI, TIN)
Wednesday, March 17, 2010 - 2:28pm | 327At 1:11 p.m., Dow gained 53.36, or 0.50%, to 10,739.34, while the broader Standard & Poor's 500 index rose 7.28, or 0.63%, to 1,166.74. The Nasdaq composite index added 15.28, or 0.64%, to 2393.29. The industries that are driving the market today are: Processing Systems & Products: The top...
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Dow Hits New High, Led by Alcoa, Exxon (DJI, AA, XOM)
Wednesday, March 17, 2010 - 11:46am | 99The Dow Jones Industrial Average (DJI) set a new 52-week high this morning led by Alcoa (NYSE: AA) and Exxon Mobil (NYSE: XOM). A better-then-expected reading on producer prices raised investor hopes that the Fed could continue its easy-money policy without stoking inflation. The Dow rose 48 points...
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Fast Money Picks For March 17th (AA, WDC, AMR, GE)
Tuesday, March 16, 2010 - 6:48pm | 129CNBC Fast Money's Joe Terranova wants to go short on AMR Corporation (NYSE: AMR) tomorrow. AMR Corp. (AMR) dropped 1.83% today and closed at $9.66. Tim Seymour likes Alcoa (NYSE: AA) and Guy Adami would buy Western Digital Corp. (NYSE: WDC). Alcoa (AA) closed 2.15% higher today, while Western...