TradeNvestor: S&P, laggard of the indexes. Tech will lead us out, but the S&P will drag us down. Continued downtrend in financials, GS, BAC, WFC, or FAS
about 1 hour ago
David White: FY2010 PE's are CENX=86 and AA=26. Both stocks are far above their 50-day SMA's (CENX +49% and AA +23%). Retracement soon likely,esp. CENX.
about 1 hour ago
David White: Aluminum stocks have rallied recently on higher aluminum prices. They've gotten much too high though. Toppy. Likely to retrace soon.
about 1 hour ago
David White: Trouble in Ford and GM is not only disturbing for the auto makers, but also for the steel makers. Fitch has the steels on credit watch.
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Personally, I am happy that I sold off my ATI stock last week, but we will see how the rest of my list fared.