Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Stock Market Video: Earnings On Tap, Light Volume Float

The markets are floating neutral to higher once again today. This continues to be classic bullish consolidation on the charts. Earnings begin today with Alcoa reporting after the markets close. They are expecting a profit of $0.01 per share. With the price, pattern and timing factors all in alignment, it is likely the markets will still head higher this week and maybe next. The SPY has an upside target of $129.50 - $130.00. Key winners on the day include SMSI which hit its first target in less than one week.   ...Continue reading here: bit.ly/ysy1y4