misgfool
russ_watters said:What do you mean?
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Alcoa Inc 26.35 +14.99 +138.67% 1/10 9:11pm
Bank of America Corporation 27.49 +13.95 +107.39% 1/10 9:11pm
Citigroup, Inc. 25.18 +18.02 +266.96% 1/10 9:11pm
General Motors Corporation 29.97 +25.93 +643.42% 1/10 9:11pm
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Peter Cardillo, chief market economist for Avalon Partners, said markets have already "baked in" weak earnings from companies like aluminum producer Alcoa on Monday and from chipmaker Intel (INTC, Fortune 500) on Thursday, but they could still keep stocks from advancing, he said.
"The negative news coming out of earnings will keep us in a defensive trading range most of the week," said Cardillo.
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Alcoa . . . . is due to post results after the market close.
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