Aluminum

Cusick's Corner So where's the market going? If I knew that I wouldn't be writing this piece. But I can look to the options marketplace for clues by pricing the at-the-money straddles, buying a call and a put at the same strike price in the same expiration month. Straddle traders are usually...

Gainers: Varian Semiconductor (NASDAQ:VSEA) a supplier of ion implantation systems is trading at a price of $61.36, a dramatic change of 51.32% from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 4.63B...

Gainers (% price change): IAMGOLD Corporation (USA) (IAG) is trading at a price of $20.59, a dramatic change of +0.95 (4.84%) from its previous day's close. Currently, the company has a Market capitalization (total value of a company in the stock market) of approximately 7.72B Claude Resources...

Cusick's Corner I wanted to discuss selling options in this afternoon's Corner. Generally speaking, option selling is a more aggressive strategy compared to option buying. The option seller has an obligation to buy or sell the security which can expose a trader to greater risk. Therefore, it is...

Cusick's Corner Support -- that is what the market is looking at into the Midday and After Hours sessions. This pullback is not the surprising but if support is not held, 134 in the SPY, a drive to April lows are in the sights of the bears. Volatility has not popped on the pullback today but it...

May Fourth is well-known in nerd circles as the day when mother's basement is filled with bespeckled boys of all ages, donning makeshift light sabers and Jedi robes, all in celebration of a movie phenomenon older than most in the room. That's right, readers -- it's Star Wars Day! Virgins of the...

Chinalco and Xstrata may have interest in Alcoa (NYSE: AA), Fly says, citing Australian Financial Review.

Century Aluminum (NASDAQ: CENX) reported 1Q11 adjusted EPS of $0.18, which was below Dahlman's and the consensus estimates. Dahlman is maintaining its 2011 and 2012 earnings estimates and Hold rating on the shares. Century Aluminum reported 1Q10 adjusted EPS of $0.18. This was below Dahlman's...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Gilead Sciences (NASDAQ: GILD) is “one that has to catch up to the rest of the health care sector. I want to buy it." Cramer likes National Grid (NYSE: NGG). He added, “It's a consistent earner with a good yield." For Northern...

Century Aluminum (NASDAQ: CENX) Reports EPS of $0.25 vs. $0.28 Estimate; Revenues $325.1M vs. $335.06M Estimate

Cusick's Corner Defense is in play. The VIX continues higher, 3 up days in a row, Financials (XLF) and Tech (QQQQ) lag and are now well behind Consumer Staples (XLP) and Healthcare (XLV). There's been a rush to Consumer Staples like toothpaste, beverages, soap, and Drugs (not the illegal kind!),...

Earlier today, we heard about a potential rumor with Rio Tinto (NYSE: RIO) being rumored to buy Alcoa (NYSE: AA) for $25.50 per share. While the Rio Tinto, Alcoa rumor is nothing new, the $25.50 per share offer reported by CNBC was something new. Benzinga is hearing negative chatter from those on...

Rio Tinto (NYSE: RIO) Offers To Buy Alcoa (NYSE: AA) For $25.50/Share

Alcoa (NYSE: AA) Spokesman Says Will Not Comment on Rio Tinto (NYSE: RIO) Speculation, Reuters reports.

Alcoa (NYSE: AA) Call Option Volume Rises To Triple Average As Shares Rise 2%