If Alcoa [AA] "news" is so positive then why is the stock going down?

Backlink.

More evidence that financial news is meaningless to the future of equities.  This "confidence boost"...



...produced this result on the Alcoa chart.



If investors for Alcoa don't see this news as being "positive enough" for them to shell out for the shares then how can it be viewed as positive for the rest of the markets?

The financial "news" is a joke.