Discussion in 'Trading' started by nravo, Feb 4, 2009.
ETFs? Anything with a high correlation?
DRYS is a fun one to trade (that is until recently) it's been getting killed
Did Gap up today, but not much after that
Build youlself an ETF;
List of U.S. Listed Dry Bulk Shippers
Market Cap in $Millions (6/17/08)
DryShips (DRYS) 3,430
Diana Shipping (DSX) 2,410
Genco Shipping (GNK) 1,800
Excel Maritime Carriers (EXM) 1,690
Eagle Bulk Shipping (EGLE) 1,360
TBS International (TBSI) 1,120
Navios Maritime Holdings (NM) 1,030
Safe Bulkers (SB) 996
Star Bulk Carriers Corp. (SBLK) 598
Paragon Shipping (PRGN) 490
Euroseas (ESEA) 417
OceanFreight (OCNF) 362
Navios Maritime Partners (NMM) 151
FreeSeas (FREE) 134
Buy an ocean liner and do your own shipping. That should have a high correlation.
You forgot Frontline...FRO
Claymore/Delta Global Shipping ETF: Ticker "SEA"
Crude oil futures.
Except FRO is not a dry shipper.
Separate names with a comma.