Strong Financial Performance:Alcoa reported a significant increase in net income, rising from $202 million in the previous quarter to $548 million, with earnings per share more than doubling to $2.07. Adjusted EBITDA also increased by $178 million to $855 million, driven by higher aluminum prices.
Operational Stability:The company maintained solid production levels, with the Alumar smelter in Brazil operating at approximately 91% capacity. There were no fatal or serious injuries reported, indicating a strong safety culture.
Debt Management:Alcoa successfully completed a $1 billion debt offering to refinance existing debt at a lower interest expense, extending maturities and improving financial flexibility.
Strategic Initiatives:The formation of a joint venture with IGNIS EQT for the San Ciprián operations is expected to enhance production capabilities and operational efficiency.
Positive Cash Flow:The company ended the quarter with a cash balance of $1.2 billion, indicating strong cash flow from operations despite typical seasonal working capital increases.

Negatives:

Revenue Decline:Revenue decreased by 3% sequentially to $3.4 billion, primarily due to lower alumina prices and reduced shipments in the Alumina segment.
Impact of Tariffs:The introduction of U.S. Section 232 tariffs has created significant cost pressures, with an estimated annual impact of $400 million to $425 million on Alcoa's business. The tariffs have not yet resulted in the expected increase in the Midwest premium, which could offset some of these costs.

CSX eps Revenue Decline:Total revenue fell

Posted by kingpin15 on 16th of Apr 2025 at 08:29 pm

CSX eps

Revenue Decline:Total revenue fell by 7% year-over-year to $3.4 billion, primarily due to lower coal prices and reduced fuel surcharges, indicating vulnerability to commodity price fluctuations.
Earnings Pressure:Earnings per share decreased by 24%, reflecting the impact of reduced revenues and operational inefficiencies, with expectations that Q1 would represent a trough for earnings in 2025.

Gold Weekly, GLD

Posted by kingpin15 on 16th of Apr 2025 at 03:40 pm

parabolic and now a client calls to buy more, yikes.

Gold ,only up 82.00 , is this a blow off ...

Posted by kingpin15 on 16th of Apr 2025 at 09:35 am

feels/looks like it. tbd

The Zweig Breadth Thrust is a technical indicator used in stock market analysis to measure market momentum. Developed by Martin Zweig, it calculates the ratio of advancing stocks to the total number of advancing and declining stocks on an exchange, such as the NYSE, and applies a 10-day moving average to this ratio.

A key signal occurs when the indicator moves from below 40% (indicating an oversold market) to above 61.5% within a 10-day period. This rare event is often seen as the start of a new bull market. Historically, it has been associated with significant market gains following its occurrence.