DRYS posts
FeedPosted Nov 18th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Advanced Micro Dev (AMD), American Express (AXP), E*TRADE (ETFC)
The markets were higher before the economic data came to ruin the party. CPI came in higher than PPI on the inflation front, but there was a real disappointment in housing starts considering that many were expecting gains there. Oil inventory contractions across the board failed to boost that market considerably. A late day rally looked like a positive close was in the cards, but the buying action was only so much.
Here were today's closing levels:
Dow 10,426.31 -11.11 (-0.11%)
S&P 500 1,109.79 -0.53 (-0.05%)
Nasdaq 2,193.14 -10.64 (-0.48%)
Top Analyst CallsTop Day Trader AlertsTop Stock & Market RumorsContinue reading Closing Bell: An almost recovery (AMD, AXP, DRYS, ETFC, FTNT, VVUS)
Posted Nov 18th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Deere and Co (DE), Stocks to Buy, Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)
TheStreet.com's Jim Cramer says it's not too late to get on board these rocket ships. During the great narrow bull market that was 2006-2007, anyone who hitched a ride on any bulk or oil carrier, any DryShips (
DRYS) (
Cramer's Take) or Diana (
DSX) (
Cramer's Take), or any Frontline (
FRO) (
Cramer's Take) or Nordic American Tanker (
NAT) (
Cramer's Take), or anyone who bought anything ag-related -- Deere (
DE) (
Cramer's Take), Monsanto (
MON) (
Cramer's Take), Potash (
POT) (
Cramer's Take) -- looked like a genius.
Beginning midyear last year, you looked like a moron.
Continue reading Cramer on BloggingStocks: Ag and shippers are the newest bull markets
Posted May 29th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Dell (DELL), General Motors (GM), MasterCard Inc'A' (MA), Level 3 Communications (LVLT)
Economic data was mixed today. GDP for Q1 was
revised to less-bad, but not as much as expected. Confidence was higher in a University of Michigan report, but purchasing manager data in Chicago took an expected dip.
All in all, this was one of those trading days where you had no clue where the market was going to be up or down until the last ten minutes of the day. Fortunately, that was up. The DJIA went negative at least four times today.
Here are today's unofficial closing bell levels:
DJIA
S&P500
NASDAQ
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: Bulls win in the end (DELL, GM, DRYS, LVLT, MA)
Posted May 28th 2009 10:40AM by Elizabeth Harrow (RSS feed)
Filed under: Good news, Options
Transportation company DryShips Inc. (NASDAQ: DRYS) started the session on a positive note this morning after announcing a new waiver agreement with Deutsche Bank.
DRYS, which is struggling under the weight of a hefty debt burden, said it has reached a pact with Deutsche Bank regarding the waiver terms for a credit facility worth $1.125 billion. The facility covers two drillships that are currently under construction.
"We are delivering the waivers as promised and we hope to conclude discussions with the rest of the lenders in the near future," stated CEO George Economou.
Continue reading Volatile DryShips shares rally on new debt agreement
Posted May 15th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Yahoo! (YHOO), Blockbuster Inc 'A' (BBI), American Express (AXP), NIKE, Inc'B' (NKE), Abercrombie and Fitch (ANF)
Not all weeks can end on an a positive note, and this week was just one of those weeks. Maybe the bulls went into hibernation, or maybe it was all just profit taking. The DJIA closed out last week at 8,574.65, so the drop to 8,273.50 shows what sort of week it was. Inflation
is still tame and the Empire Manufacturing data was actually close to positive.
Here were today's unofficial closing bell numbers:
Dow 8,273.50 -57.82 (-0.69%)
S&P 500 883.37 -9.70 (-1.09%)
Nasdaq 1,680.14 -9.07 (-0.54%)
Top Analyst CallsContinue reading Closing Bell: Profit taking to hibernating bulls (ANF, AXP, BBI, DRYS, NKE, YHOO)
Posted Apr 17th 2009 4:15PM by Jon Ogg (RSS feed)
Filed under: Google (GOOG), General Electric (GE), Citigroup Inc. (C), Mattel, Inc (MAT), Electronic Arts (ERTS)
Today was a very light event day outside of two DJIA components reporting earnings. We saw another instance where stocks held on to gains and did not sell the news too bad. It looks like the indexes actually have made it six straight weeks up now. Here are today's closing bell levels:
DJIA: 8,131.33
S&P500: 869.57
NASDAQ: 1,673.07
Continue reading Closing Bell: What recession? Earnings make six-week run (C, GE, DRYS, ERTS, MAT, GOOG)
Posted Mar 30th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Amazon.com (AMZN), Intel (INTC), General Motors (GM), Amer Intl Group (AIG), Sun Microsystems (JAVA)
Today saw more bank losses. Forced closure more likely at auto-makers. Political seizure over free market enterprise. And a market eager to find an excuse to sell off. That sums it up. The good news is that everything went on sale, all over again and even more. Here were today's unofficial closing bell levels:
Dow 7,522.02 -254.16 (-3.27%)
S&P 500 787.53 -28.41 (-3.48%)
Nasdaq 1,501.80 -43.40 (-2.81%)
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: Government puts stocks on sale, redux (AMZN, AIG, DRYS, INTC, GM, JAVA UBS)
Posted Mar 28th 2009 11:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Walgreen Co (WAG), Best Buy (BBY), Carnival Corp (CCL), Tiffany and Co (TIF), ConAgra Foods (CAG), Research in Motion (RIMM), KB HOME (KBH)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Best Buy, Walgreen, Tiffany, Research in Motion, KB Home and more
Posted Mar 25th 2009 4:20PM by Jon Ogg (RSS feed)
Filed under: Berkshire Hathaway (BRK.A), International Business Machines (IBM), American Express (AXP), Procter and Gamble (PG), Amer Intl Group (AIG)
Today was like the love interest from school that got away, but at the last minute came back. Things were looking great with a near 200 point rally on the heels of much
better than expected new home sales and after
durable goods posted a gain rather than another loss.
But the Treasury auction followed the UK's trend of a dismal auction and things rolled over to go all the way deep into negative territory. A late day recovery came out of nowhere, probably on funds buying in with late day orders. Here are today's unofficial closing bell levels:
Dow 7,749.81 +89.60 (1.17%)
S&P 500 813.88 +7.63 (0.95%)
Nasdaq 1,528.95 +12.43 (0.82%)
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: The almost great and almost poor day (AXP, AIG, BRK-A, DRYS, IBM, PG)
Posted Mar 24th 2009 12:00PM by Elizabeth Harrow (RSS feed)
Filed under: After the bell, Major movement, Earnings reports, Forecasts, Options
Athens-based shipping issue DryShips Inc. (NASDAQ: DRYS) announced Monday that it will release its fourth-quarter and fiscal 2008 earnings results after the close of trading in New York today, March 24. Ahead of the report, buy-to-open call volume has been consistently heavy on the beaten-down stock.
During the past five days, traders on the International Securities Exchange (ISE) have bought to open 30,875 calls on DRYS, compared to jut 9,697 puts. In other words, bullish bets have been three times more popular than their bearish counterparts.
Continue reading Call volume is heavy on DryShips Inc. ahead of 4Q earnings
Posted Mar 19th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Cisco Systems (CSCO), General Electric (GE), Citigroup Inc. (C), Verizon Communications (VZ), Toll Brothers (TOL)
Sellers got a win in today after losing six of the last 7 days. The jobless claims were
not as bad as expected, and leading indicators were
"less-bad" than expected. But we have had close to a 20% rally in the S&P and the DJIA off of lows from the last two weeks. Here are the unofficial closing bell levels:
DJIA
S&P500
NASDAQ
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: Bears sneak in a win (C, CSCO, DRYS, GE, TOL, VZ)
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Bright and early this morning, shipping firm 
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