I think it has more to do with Europe than earnings at the moment, But I think you may get a bounce off Alcoa as well if nothing else bad comes up. In the end I think they will magically find enough (limitless cash) to feed the monkey on their back in Europe at least until after the election or they figure we (the U.S.A) will be able to take up the slack, so any downturn I think will be somewhat limited as well (In My opinion anyway)
North Korea launches that thing could be a little spooky especially if we bring it down.
