As I suggested during today's TV segment, I suspect that some of the market's recent consternation has to do with concerns over how the impact of a stronger dollar will be couched in the forward outlooks (among U.S. exporters) that'll be offered up over the next few weeks. That said, in the wake of his company's earnings announcement (handily beat estimates) CEO Klaus Kleinfeld had only positive things to say about Alcoa's international prospects going forward. The stock, as I type, is up over 2% in after-hours trading.
I'll give you my thoughts on today's rally a little later.
Click here to view today's segment...
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