Seeking Deals, Holiday Fliers Get Early Start
The holiday crush at the nation’s airports has taken hold several days earlier as travelers sought less expensive flights. nytimes.com |
Maritime Analyst: All Is Not Doom and Gloom for Tankers
Old Trader submits:Wednesday, Bloomberg TV's "Taking Stock" program had Ms. Natasha Boyden, a maritime analyst with Cantor Fitzgerald, as a guest.Speaking about the use of tankers as "floating storage", she said that there are currently 120 tankers being used in that fashion. As that oil inventory is off-loaded, that means there's a HELLUVA lot of tonnage that would be available for charter, which certainly wouldn't bode well for rates.Complete Story » seekingalpha.com |
How to Trade on Ford's Success
Kevin Grewal submits: Ford (F) posted profits of 46 cents a share in the first quarter (see earnings call transcript here), beating analysts' expectations and further supporting the notion that the Dearborn, Mich., company has emerged from the global financial meltdown with a vengeance. The largest U.S.-based automaker has gained nearly 155% over the last year, closing at $13.58 last Thursday, driven primarily by strong sales, improved operations and higher profits in its financial services arm. Some ways to reap the benefits of Ford's success include:Complete Story » seekingalpha.com |
Is the Baltic Dry Indicator Flashing Yellow?
John Nyaradi submits:As the US stock market searches for direction in this ongoing correction, investors around the world are trying to read the tea leaves to determine what will happen next. One esoteric and unusual indicator, The Baltic Dry Index, points to a new downtrend that started in June and could be forecasting economic weakness ahead.Complete Story » seekingalpha.com |
We Might Decide to Fly
The government’s proposed list of protections for beleaguered airline passengers is a much needed response to the many problems of modern air travel. nytimes.com |