InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,129.60
(
-0.24%
)
Dow Jones
39,127.80
(
0.04%
)
Brent Oil
84.18
(
-0.35%
)
Bitcoin
60,961.67
(
0.24%
)
Post# of 58072
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Net-Man

Send PM Follow Ignore
Followers 39
Posts 5453
Boards Moderated 0
Alias Born 06/10/2004

Net-Man

Re: TaxiCaT post# 56144

Wednesday, 03/28/2018 2:34:25 PM

Wednesday, March 28, 2018 2:34:25 PM

Post# of 58072
Some of it is shipping cycle in general and likely also has to do with trade war fears. Those are working themselves out and probably won't change the volume of shipping one iota. World economies are growing at about 3% right now and that translates into more tonnage shipped. The question mark is how many ton miles come out it all, which will in turn move spot rates up or down.

It has occurred to me that market makers could be taking all shippers down in order to load up ahead of BDI improvement.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up