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Commentary Topic from greenfaucet

Small Investors in the Meat Grinder

We had a lot more volume than we’ve seen recently. Short-term equity markets are much oversold while commodity markets continue to get hammered big time. The entire day can be summed up with just those two sentences.

But now we have earnings upon us and Alcoa is kicking things off with unremarkable results. Since they always have unique items in their earnings it’s often hard to judge their reports.