Home » Behavioural Investing » Alcoa $AA Buy on Rumour Sell on News. News Pending

Alcoa $AA Buy on Rumour Sell on News. News Pending

Alcoa (NYSE:AA) announces Thursday. the stock has moved very nicely in the past sixty days. This cyclical commodity giant has cut capacity and expenses and is beginning to reap the rewards as the US economy shows signs of growth.

So what can management responsibly say with the earnings announcement that will cause the stock to really pop. Answer Not much everyone knows the story. It is a cyclical commodity play that will probably appreciate over time. Not because of one announcement. But because investors will pile in for the ride of a cyclical.

But it’s not always a straight line and time for some consolidation on good news.

Buy on Rumour. Sell on News.

News Pending

George Gutowski writes from a caveat emptor perspective.

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