Shipping
$GSL Buy the dip - global supply chain issues
- high rates in shipping locked
- 2022 estimates:
590M revenue
32% YoY revenue increase
65% YoY EBITDA increase
332M free cash flow
- either it should rebound from the support line of the channel or decline more towards the 200SMA where the entry point is even sweeter.
This is a nice BUY setup IMHO that satisfies both short term and long term factors
buying ZIM intra dayZIM Corporation provides software products and services for the database and mobile markets in the United States, Brazil, Canada, Singapore, and Austria. The company operates in two segments, Mobile and Enterprise Software. It develops and sells ZIM integrated development environment (IDE) software, an enterprise software for use in the design, development, and management of information databases and mission critical applications.
The company’s #ZIM IDE software provides an IDE for Microsoft Windows, UNIX, and Linux computer operating systems. Its products are used to develop database applications in various industries, including finance, insurance, marketing, human resource, information, and records management. The company also provides migration services and management products; and short message services. ZIM Corporation was founded in 1997 and is headquartered in Ottawa, Canada.
IMPP GAS / CARGO STOCKImperial Petroleum, Lowest float & market cap GAS stock on WEBULL.
The webull readout said 3000% of the float was turned over yesterday on tuesday, adn then today another 3000% of the float was turned over. The company did an offering for 11,000,000$ underwritten for ships, cargo / oil shipping.
With the war on Ukraine, this is exactly the type of stock I used to hedge for inflation and to help provide a means of production at the same time to reduce the cost of oil.
My projection is neutral but long.
1.25 was our high of the day, with a low of about 1.03, targets are approximately 1.50 2.10 3.50.
Short interest is 100% utilized, the borrowing fee is 100% annual.
The float is 14,000,000 total.
There is a small chance for a retracement to the .80s, but it would still be a good valued stock at these levels.
OIL and SHIPPING will grow over the next 6 months I believe.
it looks like shoulder 2 of a large Elliot wave.
2/9/22 SBLKStar Bulk Carriers Corp. ( NASDAQ:SBLK )
Sector: Transportation (Marine Shipping)
Market Capitalization: 2.726B
Current Price: $26.66
Breakout price: $27.30
Buy Zone (Top/Bottom Range): $23.95-$21.95
Price Target: $30.70-$31.20 (3rd)
Estimated Duration to Target: 77-82d (3rd)
Contract of Interest: $SBLK 5/20/22 25c
Trade price as of publish date: $3.00/contract
1/16/22 ZIMZIM Integrated Shipping Services Ltd. ( NYSE:ZIM )
Sector: Transportation (Marine Shipping)
Market Capitalization: 7.554B
Current Price: $63.70
Breakout price: $64.00
Buy Zone (Top/Bottom Range): $61.50-$56.00
Price Target: $74.60-$75.80 (1st), $94.60-$96.40 (2nd)
Estimated Duration to Target: 59-61d (1st), 170-181d (2nd)
Contract of Interest: $ZIM 3/18/22 75c, $ZIM 7/15/22 70c
Trade price as of publish date: $1.85/contract, $4.10/contract
GLBS all time low! Cheap company in the global shipping sectorGlobus Maritime has nine dry bulk carriers in the spot market.
Globus Maritime can benefited from the significant increase in global shipping rates because of the surge in demand for goods and a lack of capacity across the industry!
I wouldn`t be surprised to see it jump at $4.5 this year.
Grain Supply ChainI read some stuff on social media bashing General Mills about price increases. While I don't agree with corporate greed, rising prices and outlandish CEO pay, I also don't agree with sitting back & doing nothing. I don't have all the answers but I did get into supply side trades last year. I wont give away all the details, but not buying the obvious things that people need every day to live is pretty...dull to say the least. You know what you use, what your kids like & what moves the markets. Having the information is just knowledge, using the info you have to make actionable PROFITABLE decisions is wisdom. Anything commodities related, is likely to get squeezed by inflation. Inflation, you know printing trillions of dollars in worthless junk currency? It was bound to make prices increase. The pandemic, & the supply chain crunch made it all that much worse! But! This could be an excellent buying opportunity for you, if you act. Doing nothing in life is very costly, & missing out on supply chain/inflation/pandemic trades is just plain lazy. Good luck!
EURNZD - another shortBased on the daily chart, the N100 stock index has grown today and the oil seems to be stabilizing preparing for growth.
Both of the two assets are anti-correlating to the EURNZD pair which I explained several times in both educational articles and pair-delegated ideas.
Furthermore, NZD did increase its interest rates. This would normally lead to NZD growth, hence EURNZD's drop.
However, the drop has not started yet and although it never has to, it just doesn't have to work like that single time, I do believe that the recent rally was driven by a lot of fear in the commodity markets as the following chart explains.
The commodity index CRB has just started dropping. Baltic Dry Index has been for some time, which is an average for shipping costs calculated every day.
I will be opening another short in this market at some point. I am waiting for price action now.
🛢️ Crude Oil - Wti Back to 70,64 🚢🔱Don't fill your tanks (or tankers) yet because we see an unchecked level at 70,64$ that will most likely need to be checked.
High dollar, inflation worries, Oil must be 'controlled' and the battle to tame inflation. Biden knows, Europe knows, China knows.
Price is under an ascending channel and this is a highly bearish signal that triggered the correction. Price is attempting to rise but the 80$ mark is a technical and psychological resistance that will be hard to breach over.
Fill your tanks and tankers next month.
the FXPROFESSOR
Target Ponzied - Made in China - Profits Over People - StonksLarge cap stonks & their overseas profits. Doens't comply with Biden's "Buy American Act" so well, no????? lol. The business model of being middle man is over. Large cap #stonks & #cryptocrash to #valueinvesting
#cannabisreform
#federalization
#statesreformact
in CONGRESS!!!
#cryptocrash to US CANNABIS MSOs. $KERN #thegem CANNABIS COMPLIANCE DATA SOFTWARE
AVOID THE FOME!!!
GL
XLP - Consumer Staples Ponzied - Made in China - Stuck at SeaCOGS/PPI etc. is through the roof. Shipping a product? Good luck. Atleast #cannabisreform is going on. $KERN- the CANNABIS DATA Software!!! GO USA MSOSs!!!!
Multi State Operators! #thegem #jobsandjustice *rising rates environment.
Go Small cap gems. #valueinvesting
Shipping - GNKModel has given entry signals for Genco Shipping & Trading Limited:
- "Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 24, 2021, the company fleet consisted of 17 Capesize, 9 Ultramax, and 15 Supramax with an aggregate capacity of approximately 4,421,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York." - Yahoo
- We expect a boom in the shipping and freight sector with the pandemic backlog, and nations increasing their industrial production to meet new initiatives.
- We are very excited about opportunities in the commodities and shipping sectors, as we believe a macro turn is approaching in the nearest future.
- Technically has broken out of a channel, it may retest the median line, which will provide an entry, and is possibly finding a new channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Macro - BDRYModel has given entry signals for Dry Bulk Shipping:
- The investment seeks to provide investors with exposure to the daily change in the price of dry bulk freight futures.
- We expect a boom in the shipping and freight sector with the pandemic backlog, and nations increasing their industrial production to meet new initiatives.
- We are very excited about opportunities in the commodities and shipping sectors, as we believe a macro turn is approaching in the nearest future.
- Technically has broken out of a channel, retested the support possibly finding a new channel top.
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
Baltic Dry Index UpdateThe Baltic Dry Index Continues to soar following my call for a breakout at 3,200ish (July 2021). I think the BDI remains a good indicator right now for a few reasons:
1. From a technical perspective, it is behaving exactly as expected (hence the call from 3,200 - it was an easy read)
2. The breakout and move higher is consistent with a bottleneck in global shipping
3. The #bullish price action is yet another harmonious variable in my view of the global macro repricing; although I am still treating the idea of "re-pricing" as a theory.
I am going to not this as a continued long until we reach the 4,700 threshold; at that point, we can reassess.
$ZIM LongLong term still long AF on ZIM but it seems we have gone up too fast for a traditional stock and rejected all time highs.
I see a short term correction based on MACD and RSI needing a cool off..
Dips continue to be for buying until something changes on a macro level so I am looking to long support around $44.
Freight market insight
www.nytimes.com
www.reuters.com