Despite the “upwards” Market trend, doomsday begins…

Comment, Markets, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets — By on March 10, 2016 at 3:28 PM
John Faraclas

John Faraclas

With the BDI at 384 – up eight points since yesterday and despite the plus in the other Indices Doomsday begins; John Faraclas reports:

  • The Capers remained the same and their respective index at 178- caution.
  • The BPI up 19 at 466 a “good” sign..
  • The Supras’ BSI gained another 13 points standing at 412 and the BHSI just three now clocking 246 points.
  • The Wets with mixed feelings; the last published BDTI with plus 15 now at 771 but the BCTI lost eight and stands at 492 points. Caution here too.

Many forced sales surface and many bankruptcies loom in the background. We have warned you!

The price of WRI struggles to remain above the US$ 37… we shall see later on.

The Migrants issue continues to be a scam of incalculable repercussions and bullying Greece will become a boomerang for the rest 27 in Europe and beyond. Equally the Greek regime must say the truth to the Greek pubic or else!

More later on; watch this space

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