Alcoa (AA) Kicks Off EPS Season With A Punt

So is Alcoa a cyclical?

After falling over -60% since the "Fast Money" mania bought everything "that hurt if you dropped it on your foot", I think the answer is implied. Alcoa missed earnings big here on the close. They are "suspending" their share repurchase program. Some of these management teams only buy back stock at the top, fancy that. Embarrassing.
  • Next support is $13.27
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