The BDI@682: market security doesn’t exist…

Comment, Fixtures, Markets, Shipping Indices, Statistics, Trade and Commerce — By on May 3, 2016 at 9:32 PM
John Faraclas

John Faraclas

After the long double weekend – Greek Orthodox Easter and Spring Bank Holiday, the market proves verbatim our position and prediction; John Faraclas brief report:

At minus 21 points the BDI stood below the 700 points mark at 682!

The Capers’ BCI 2014 lost 62 points now standing at 1, 055…

The BPI, the Panamaxes down 27 at 640…,

The Supras  and Handies’  BSI and BHSI indices gained just one point respectively, making life more than exciting of what one can expect. Expectations though – whatever they are, do not constitute a market, only the actual figures .

The Wets too on a falling modus, the BDTI and BCTI  down ten and seven points respectively at 730 and 545…

The Falling WTI can cause tremors, but…

Geopolitics getting worse; take cover and from now on learn to swim alone! Have a read to refresh your mind of our last Friday’s report and if you have the time, do please read and study all relevant previous reporting.

Have a nice evening; tomorrow it is another day… He Has Risen!

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