Monday, September 26, 2016

California Dreamin: If memory serves, the sugar move in the early seventies went from some 2 cents to some 66 cents. (I believe I know the guy that bought that all-time high tick).

Translating this to “now”, per the bureau of labor statistics inflation calculator, 2 cents in 1973 equals $11 cents now.
And 66 cents in 1973 are equal to $3.63 now.

Therefore, I’m now looking for a sugar move to $3.63. The Presidential debate is over, time for another whisky -
$ 3.63 HA
All you heavy Orange Juice drinkers may want to stock up - in case it makes "all time" new highs..

Sunday, June 26, 2016

Brexit cost investors $2 trillion, the worst one day drop ever

(CNBC)Worldwide markets hemorrhaged more than $2 trillion in paper wealth on Friday, according to data from S&P Global, the worst on record. For context, that figure eclipsed the whipsaw trading sessions of the 2008 financial crisis, according to S&P analyst Howard Silverblatt.

Charts are up-to-date

Friday, May 06, 2016


Dry Bulk Shipping To Witness Steady Progress Moving Forward On The Back Of Growing Trade Volumes Says BIMCO

“We are still worried about the sustainability of freight rates in the years to come. Our main worry is that demolition activity will slow down as the BDI improves. If shipowners slow demolition of ships considerably, the fleet will keep growing. This will widen the fundamental imbalance further because we forecast the demand side to grow slowly in the coming years. In order to reverse several years of adding capacity in excess of demand growth, we need to develop a multi-year trend of negative fleet growth. BIMCO assess the current utilisation rate of the dry bulk fleet at the low end of the 70s”, said the report.

Wednesday, January 20, 2016

Zombie ships send maritime freight into worst crisis in living memory Cheap debt, the China slowdown, and a glut of ships have seen the Baltic Dry Index plummet to its lowest level in more than 30 years

Monday, January 18, 2016

Sunday, January 10, 2016

QUICK OVERVIEW

  • The whole world is on edge “again” so global stocks had a miserable start to the year – the worst ever.


  • Fears of a wider Sunni-Shia conflict are increasing

  • North Korea keeps rattling nukes, and South Korea put its military on alert

  • America’s economy added 292,000 jobs in December, better than expected.

  • Inflation in the Eurozone is unchanged at 0.2%. Forecasters had expected a rise.

  • Sweden, also battling low inflation, has a benchmark interest rate of -0.35%.

  • Car manufacturers in the US had the best year “ever” – selling 17.47 million vehicles.





  • YoY Coal Rail carloads are down 35.3% YoY


  • Our opinion of Dow Theory is currently bearish. IT will return to a bullish stance if the Dow Industrials close above 17919 “and” the Dow Transports close above 8292.




  • The next short term S&P Cycle low should show up around Jan. 22 - perhaps!

  • The S&P Vix Ratio is in green territory - perchance it’ll get a bit greener?




  • Brazil's inflation rate soaring to 10.7% a 13-year high

  • U.S. home values gained $1.1 trillion; renters paid record $535 billion in 2015 T .
Charts are up-to-date