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Alcoa (AA) plunges: Earnings season is off to a bad start

Earnings season is off to a rough start. Alcoa (NYSE:AA) spooked the market with a huge disappointment. What does the rest of the season have in store? By Andrew Snyder Baltimore – (TFN): With the year’s third quarter just a week or so in our past, it is time to enter earnings season. Like usual, the first [...]

Short the iShares MSCI Germany ETF (EWG)

“A rule of thumb for trading is that major support lines normally hold while minor support levels usually break. What that means for EWG is uncertainty: a jump back to recent highs or a fall off a cliff.” — Sara Nunnally by Sara Nunnally Baltimore – (TFN): The iShares MSCI [...]

New York Is in Trouble & So Is the Rest of the U.S.

“Whether the rest of the country likes it or not, both Wall Street and Washington place enormous confidence in the predictive powers of the Federal Reserve Bank of New York’s Empire State Manufacturing Survey.” — Adam Lass by Adam Lass Baltimore — (TFN): As goes New York, so goes the nation. That motto may seem like typical NYC [...]

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