welcome back to squawk box. it s time for the stock of the day. we wait and wait for alcoa to bring in earnings season. i think we need to have it a stock of the day. it is not going to be down a lot, but hopefully it is not representative, for the bulls, of what we should expect here. it was downgraded by ubs on the results that were posted. 10 cents. if you took out some items it was in line with the reuters estimate. but the revenue was light. $5.2 billion was expected and they posted $4.89 billion. the ceo did say some things are expected to improve a little bit. but certainly not gangbusters. downgraded from neutral. as we talked about throughout the day, not necessarily reflective of what we tend to see in earnings season. we ll get more tonight after the bell. intel, jpmorgan tomorrow on our watch. jim, thank you for coming in today. great to be here. jim paulsen of capital management. join us tomorrow. squawk on the street s next. live from the financial