Navios Maritime Holdings Inc. (NM)

[kmx_swing]

well, last time BDI Index has reached 1200, the stock spiked to 4.40. It was in the summer of 2015.

Now BDI Index is a bit higher than that time. And when BDI Index was at 1400 (October 2014) then the stock went up up to almost 6.00

My point is, that this time BDI Index can go again above 1400.
Interesting thing is, that it goes up together with stronger dollar. One would say, it should be just the opposite.

Or by other words...if the dollar is not as strong, then BDI Index would be now possibly far higher. Anyway, strong dollar and high BDI Index are both positive parametres for better Q4 results.

Unfortunately we will see now only Q3 results next week...