GuerillaStockTrading

All Eyes On Alcoa Ahead of Wednesday April 8 2015

NYSE:AA   ALCOA CORP
Traders will be glued to Alcoa's earnings release on Wednesday, April 8, 2015. The reason? Alcoa             will be a good leading indicator for the negative effects of the rising U.S. dollar on international corporations.

The market may already be pricing in an earnings miss by Alcoa             . In March 2015, Alcoa             did a Burial Cross on the chart with the 50 day MA breaking below the 200 day MA. Also, in the last week, EPS             forecasts have come down from $0.26 per share to $0.25 per share.
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