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John Faraclas

Market “hiccups”…

The BDI (Baltic Dry Index) lost three points today and now stands at 1,138; Geopolitics still in a mess. John Faraclas’ brief market data:

The Capes continued their rise and the BCI stands at 1,826 points – plus 20…

On the antipode so to speak the Panamaxes with the BPI down 39 points… causes turbulences

Minus five for the Supras BSI now at 726; CAUTION…

The Handies continue to rise and now with three points plus the BHSI reads 408 points…

Both Wets were down; the last published BDTI (Dirties) and BCTI (Cleans) stood at 632 – minus two and 518 – minus five points respectively…

The WTI stood at US$ 52.59… which is .91 cents up since yesterday’s US$ 51.68… It might rise… CAUTION!!!

The Geopolitics remain more than perplexed and we will have a full run down tomorrow which is also the end of the week; have patience but also be alerted as things will happen out of the blue…

Remember today is the 75th Anniversary of D-Day and we must think and act with CAUTION as with the new weapons we might see despicable things making WWII look like a kindergarten!

Have a nice evening and remain on guard from actions emanating from Pirates, Terrorists, Criminals and Business Hooligans whatsoever wherever you are on Planet Ocean!

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