![Alcoa’s Outlook Implies Large Market Gains Ahead; Will JP Morgan Follow?](http://investmentdirections.com/wp-content/themes/magazine-basic/thumb.php?src=/wp-content/uploads/10-12-11-881329_telescopeviewfinder.jpg&h=80&w=80&zc=1&q=80)
This earnings season just kicked off with a major surprise from Alcoa. It wasn’t what Alcoa (AA) did – it’s what it said. Although last quarter’s earnings came in under analysts’ already reduced estimates, management kept its sales growth forecasts virtually unchanged. “Kept” implies a passive, do-nothing attitude. Actually, it’s an active statement founded... »