The Experts Thought Today Would Be An Aluminum Disaster

So many experts have warned that corporations are about to report lackluster earnings that they just couldn't wait to devour the first biggie to report, Alcoa.  For some reason of pride, Alcoa is always the first to report as if this is some sign of importance.  

The company took in $5.82 billion, an increase of 6.8% year over year;  Profits were 28 cents a share.  The profits were ahead of analyst estimates but the sales had been predicted at $5.94 billion.

So,it's not the analysts who were wrong, it's the company's fault that they didn't match someone else's guess.  

Did the markets sell-off?  No.

Which is something to keep in mind as the other five or six thousand public corporations report.