NyseEuropnext posts

Feed

Cramer on BloggingStocks: No reason to abandon dry bulk ships

TheStreet.com's Jim Cramer says investors need to look at the longer time frame and see what drove rates higher to begin with -- world trade and a ship shortage.

Freakout on dry bulk ships! That's what happened yesterday. The hot money saw the break in the rates and skedaddled.

Should you?

Do you believe that rates are done going up? Do you know about secret ships that are being built or contracts being broken? Or revised down? Do you know what's falling apart?

Nothing.

Nothing at all.

Maybe that shouldn't matter. Maybe all that mattered were the stocks, and they are now "bad."

Continue reading Cramer on BloggingStocks: No reason to abandon dry bulk ships

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 10:11 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329016307884 ms.