Hot Stock Alerts

Potential Breakout Stocks of the Day:
Today's Biggest Gainers - Hot Stocks - TNA
Top Stocks 2017 - SPXL AAPL TSLA SHAK
Top Penny Stocks 2017 - NVCN GSL
Shale Stocks - http://oilshalegas.com

Stocks to Watch - Right Now

Stock Market Closing Report - 4/24/17 April 24, 2017

Saturday, November 29, 2008

Dry Bulk Shipping Rates Report - 11/28/08

The following is a report on Dry Bulk Shipping Rates for 11/28/08. This data is critical for how the DryBulk Shipping Stocks such as DryShips ( DRYS ), Excel Maritime Carriers ( EXM ), Diana Shipping ( DSX ), Genco Shipping ( GNX ), TBS International ( TBSI ), Navios Maritime ( NM ), and OceanFreight ( OCNF ) will trade during the day. As you probably know, the Dry Bulk Shipping index can tell you a lot about the state of the World Economy. When Bulk Shipping Rates are at all time highs, the World Economy is outstanding. When Bulk Shipping Rates are as low as they have been lately, it signifies that the world economy has come to a screeching halt.

Dry Bulk Shipping Rates - November 28, 2008

Baltic Dry Index ( BDI ) - 715 Down 18
Baltic Cape Index ( BCI ) - 838 Down 20
Baltic Panamax Index ( BPI ) - 622 Down 31
Baltic Supramax Index ( BSI ) - 622 Down 10

For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE and get my posts right on your homepage or emailed to you.

Dow Jones Analysis 12/1/08 - Stock Market


The following is Stock Market Technical Analysis for the Dow Jones ( DJIA ) for 12/1/08


Dow Jones Support & Resistance Levels - December 1, 2008


Resistance Levels: 8923.18, 9000, 9300
Support Levels: 8672, 8500, 8330


The Dow Jones has gone up five straight days and has built a nice support level at 8500-8600. Monday, Dec 1st will be a crucial day as the volume will come back into the market. I still think we will test 8923 and if we close above this level we can test the 50 day moving average which stands at 9244. Keep an eye on Fridays low of 8672. If 8672 is broken with volume, this will be your first sign that the rally is starting to fizzle out. Next key support that will need to hold would be 8500. There is major support at 8500 and if we close below that the sellers will come back in droves. You would probably get a retest of 8000. Bottom Line: I am still bullish here unless 8672 is broken, in that case you could see the majority of stocks start to give back their recent gains.



For More Stock Market Updates, visit , http://daytradingstockblog.blogspot.com/ or Subscribe for FREE and get my posts right on your homepage or emailed to you.