Just what does a cratering Baltic Dry Index mean? Frankly, it looks and acts as though it is signaling the next recession is here already rather than signaling that it ... Read Full Story »
Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX ... Read Full Story »
An over-supply of product leading to a steep drop in price has claimed another victim. No, this is not a story about a solar PV maker, but about shipping, where ... Read Full Story »
Crude oil is at $98.03, up 0.26% Gold is at $1,763, up 0.21%. Hong Kong’s Hang Seng closed up 0.91% to 19,137. Japan’s Nikkei closed higher by 0.16% to 8,514. The U.S. 10-year is at 2.05%, down ... Read Full Story »
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of Activision Blizzard (NASDAQ: ATVI), Allot Communications, Ltd. (NASDAQ: ALLT), DryShips, ... Read Full Story »
Transportation stocks get a lot more attention as economic bellwethers than they do as market participants. Railroads, ships, and trucks are not particularly glamorous, and the industries are so ... Read Full Story »
A raft of good earnings reports pushed the markets higher at opening this morning, sending the Dow Industrials up about 200 points at mid-day. For some reason traders are hopeful ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. BHP Billiton (NYSE: BHP) Cut to Hold at Societe Generale; ... Read Full Story »
One indicator of a profitable holiday season for US retailers is the flow of goods into US ports. The shipping season for holiday goods generally starts in July and August ... Read Full Story »
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Baidu, Inc. (NASDAQ: BIDU), DryShips, Inc. (NASDAQ: DRYS), Ford ... Read Full Story »
We have many earnings still dribbling out this week. While none may move the whole market, some may move their underlying sectors. We have tracked earnings estimates, added in price ... Read Full Story »
The coming week has many key earnings reports, some tech and some retail. We have tracked the major reports by day, shown Thomson Reuters estimates, as well as given price ... Read Full Story »
The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market ... Read Full Story »
We have another very busy earnings week ahead for the second quarter reporting season. Some are DJIA components and some are sector-movers or market-movers. We are tracking earnings and giving ... Read Full Story »
In October 2007, shares of bulk carrier DryShips Inc. (NASDAQ: DRYS) traded as high as $124/share. The share price today is less than $4/share, but that is not stopping the ... Read Full Story »