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Long yet?
Nice trading
No idea. Ask Dan, he's still around ihub..
25.4 break 26 should see 29.75' then 32. Stop 24.45 CLF earnings tomorrow will tell a story
Material change...should get a pr,
I'm long this and many others. Why so many are calling for re tests of lows is beyond? As cheif would say...watch the sky. Probably get a 15% correction but from much higher prices.
Reason for move? See no news or filing
The bull needs bears like u...I'd take trends advice
You'll get your pullbacks but look at a '29-now...sideways at times but the natural order is higher
Long shot at this point. No real volume just some small traders. Its still trading and listed...for now.
Buying
Better off staying a bull...
Better off staying a bull...
If your paying attention its a reference to moojer who calls those posting here idiots
Who knows? Idiots hitting the ask....as we've been told
Acting just like days after 2016 election....only 1 month early. Be long or be wrong
Nice! Glad your not one of those bears.
All the money is made holding overnight...have to have a stop...holding soxl from 55 and 100...can't get those returns daytrading
Where is the all knowing? Still short? Back to bdry...the purpose of this board.
8 bucks....they sold 3 million shares or so into the market since February. Bdi was on fire...this would have ripped with it...guess they needed to keep their fund liquid...new moon monday
13 mill on the bid @.0007 Don't care anymore but usually look if it actually trades.
You got it. The world isn't ending. Going to be a monster run.
Still the end of the world here. Long yet?
Pretty ugly and everyone scared. Low right into www? Maybe. Think worth a try...the world's ending right.
Bull just taking a break. History will repeat. Super moon Monday, www on the 11th and panic thinking like 1930 depression have the masses selling. One of these up moves won't be backtested.
As da cheif would say: c wave gets em everytime
Not spot based but futures contracts. You should read this: etfmg.com/funds/bdry
I've been following this thing and it does move with the bdi but not in % terms. There are bonds in this etf...20% maybe. The OS is rising here which makes sense given the volume but thats good because volume wasn't tradeable last year. We'll see it its artificially propped by the specialists or not once the distribution is over.
Its at bottom of a parallel channel...usually a good entry. Have to pick a spot and take some risk. Would love to hold until December if it lets me.
Volume before price. May just be distribution from the ETF owner since it did/does have a small float. Worth a shot here...may gap down and take you out
Seasonality is up here to middle of march. Virus shipping delays could up prices. Some seasonality facts.
There is a general fall in the BDI Index from the beginning of January to early February. It is prominent in the composite and the bear market years while in bull market conditions, the Index is flat during this period.
The Index rallies robustly from early February to early March and then falls off from mid-March to mid-April regardless of market trend.
BDI rises in a steady manner from mid-April until late May (bear market years) or early June (bull and overall market years).
In bear years, the Baltic Dry Index undergoes a steep decline from late May thru mid-June and then steadies during the early summer. Beginning in late July it undergoes a steady downtick for the remainder of the year.
For overall and bull market composites, the BDI is flat and oscillating during the summer months. Then it goes mostly higher from mid-September thru early December, except for a pause in late October to mid-November.
In all cases, there is a significant drop-off in the Baltic Dry Index during the second and third weeks of December. The BDI is not posted from Christmas thru New Year’s.
Now let’s explore some factors that can account for the well-defined seasonal trends in the Baltic Dry Index:
The early January to early February fall is attributable to wintertime shuttering of some mine operations and ports and the Chinese New Year when that country shuts down for about two weeks.
A rally occurs over the next month as economic activity in China resumes.
The mid-April to early May rise in BDI is likely caused by building of inventories in copper, timber, steel, and cement in anticipation of peak Northern Hemisphere construction season.
In addition, bunker fuel is costlier in the spring when crude oil prices generally rise as American refineries ramp up for summer driving season.
BDI is flat during the summer months while construction activity uses stockpiled materials.
Rates tend to rise from mid-September to late October when grain harvests are shipped and customers re-stock commodities (especially steel-making materials and thermal coal) in advance of the Northern Hemisphere winter.
A lull then occurs before rates generally move upward again from mid-November thru early December when China imports more iron ore from Australia and Brazil in advance of their wet seasons.
Freight rates drop as economic activity winds down in North America and Europe in mid- December.
Calls were cheap friday afternoon. December expiration
Gone. Buyout @ $3
Small market cap but mirror of Baltic Dry Index...might be fun one to hold for a few years as this bull evolves
How's that lawsuit progressing?
Good one. Nice week here.
They should have a disclaimer: for entertainment purposes only. They were so bearish the last few weeks, its a perfect contrarian indicator. Even cramer had his buy signal on cue with "its a typical bear market correction", right at the bottom. I make bad calls, but not on cable.