Comments on: Baltic Dry Index http://tuckerreport.com Technical Analysis of the financial markets, and other thoughts on trading Sat, 25 May 2013 03:32:21 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: joeburzell http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-14021 joeburzell Thu, 15 Jul 2010 16:13:29 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-14021 You should be careful when using words such as 'correlation'. Just because two lines kinda move in kinda the same direction doesnt tell much about correlation. You should be careful when using words such as ‘correlation’. Just because two lines kinda move in kinda the same direction doesnt tell much about correlation.

]]> By: john doyle willis http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-8960 john doyle willis Sat, 12 Dec 2009 15:00:07 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-8960 Please be advised that the Baltic Dry index is an excellent indicator of the health of the world economy and the Dow Jones Transportation Average Index is the same for the USA economy. Using either or both one can become very accurate predicting the near future preformances of stock markets around the world if one has the necessay experience. Please be advised that the Baltic Dry index is an excellent indicator
of the health of the world economy and the Dow Jones Transportation Average Index is the same for the USA economy. Using either or both one can become very accurate predicting the near future preformances of stock markets around the world
if one has the necessay experience.

]]> By: Doug Tucker http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-8214 Doug Tucker Sat, 21 Nov 2009 16:43:55 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-8214 Alan, I would tend to agree. Also, it seems than when any indicator or index gains popular attention, especially when CNBC notices, it will lose some of its effectiveness. Doug Alan,
I would tend to agree. Also, it seems than when any indicator or index gains popular attention, especially when CNBC notices, it will lose some of its effectiveness.
Doug

]]> By: Alan Power http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-8207 Alan Power Sat, 21 Nov 2009 14:16:13 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-8207 Some say the BDI is less useful since the increase in world shipping capacity. Some say the BDI is less useful since the increase in world shipping capacity.

]]> By: Hodgman http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-6215 Hodgman Thu, 03 Sep 2009 20:56:11 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-6215 What are the units of the BDI? On September 2, 2009 the BDI was at 2,413 - what does this mean in terms of shipping goods, ie what price per metric ton ($/t) does this imply? Thanks. What are the units of the BDI? On September 2, 2009 the BDI was at 2,413 – what does this mean in terms of shipping goods, ie what price per metric ton ($/t) does this imply? Thanks.

]]> By: currency chart http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-3768 currency chart Thu, 02 Apr 2009 19:03:11 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-3768 <strong>currency chart...</strong> This post enabled me to come out which fresh content on currency chart. Any similar posts like this?... currency chart…

This post enabled me to come out which fresh content on currency chart. Any similar posts like this?…

]]> By: Doug Tucker http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-3296 Doug Tucker Wed, 11 Feb 2009 02:20:16 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-3296 Thomas, I think the Baltic Dry Index at one time was a slightly leading indicator of global economic activity. When I first started following this indicator it was not widely followed, and mostly unknown by the general public. But with the big China boom, along with rising commodity prices, the index gained much media attention and is now much more widely followed. As a result I suspect that it is losing its leading edge, and is probably now more of a coincident indicator. Also, the effectiveness of this indicator assumes the importance of China buying raw commodities as an indicator of global well being. The importance of China can change. Also, the value of the dollar and oil can change the prices of this index, so the index is not purely based on demand. I suspect this index is still being used by central banks and economists in general to monitor global activity, but I don't have specific knowledge of how, and to what extent, they use this information. But it does give a nice snapshot of the longer term trend of global activity, especially if viewed in a longer time frame perspective. I generally plot a moving average along with the index to better define the trend, as well as a momentum indicator to help indicate when the index is losing steam. I often post examples on my blog. I should post an example in the next day or so. Thomas, I think the Baltic Dry Index at one time was a slightly leading indicator of global economic activity. When I first started following this indicator it was not widely followed, and mostly unknown by the general public. But with the big China boom, along with rising commodity prices, the index gained much media attention and is now much more widely followed. As a result I suspect that it is losing its leading edge, and is probably now more of a coincident indicator. Also, the effectiveness of this indicator assumes the importance of China buying raw commodities as an indicator of global well being. The importance of China can change. Also, the value of the dollar and oil can change the prices of this index, so the index is not purely based on demand. I suspect this index is still being used by central banks and economists in general to monitor global activity, but I don’t have specific knowledge of how, and to what extent, they use this information. But it does give a nice snapshot of the longer term trend of global activity, especially if viewed in a longer time frame perspective. I generally plot a moving average along with the index to better define the trend, as well as a momentum indicator to help indicate when the index is losing steam. I often post examples on my blog. I should post an example in the next day or so.

]]> By: Thomas Hornish http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-3276 Thomas Hornish Mon, 09 Feb 2009 17:41:25 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-3276 Good afternoon- I just recently heard about the Baltic Dry Index in an editorial written by Larry Kudlow, a news brief in Investor's Business Daily, and a Wall Street Journal article. The take I had was that the most recent report is inidicating a positive movement of product and could be signalling a resurgence economically speaking globally. My questions are these: To what extent does this index mirror current economic conditions? Is is a coincidental indicator? How reliable an index is it-by that-how much respect is accorded to the index by analysts at Central Banks for example? I truly appreciate your commentary on the Index as a first time reader of your website and a stranger to the index this has been most helpful...Thomas Hornish, Economics Teacher/Fed Challenge Advisor Good afternoon-
I just recently heard about the Baltic Dry Index in an editorial written by Larry Kudlow, a news brief in Investor’s Business Daily, and a Wall Street Journal article. The take I had was that the most recent report is inidicating a positive movement of product and could be signalling a resurgence economically speaking globally.
My questions are these: To what extent does this index mirror current economic conditions? Is is a coincidental indicator?
How reliable an index is it-by that-how much respect is accorded to the index by analysts at Central Banks for example?
I truly appreciate your commentary on the Index as a first time reader of your website and a stranger to the index this has been most helpful…Thomas Hornish, Economics Teacher/Fed Challenge Advisor

]]> By: Stock, Oil, Gold all down, Baltic Dry Index still down | Tucker Report http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-3171 Stock, Oil, Gold all down, Baltic Dry Index still down | Tucker Report Tue, 13 Jan 2009 02:50:25 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-3171 [...] Baltic Dry Index [...] [...] Baltic Dry Index [...]

]]> By: Baltic Dry Index at multi-year lows | Tucker Report http://tuckerreport.com/articles/baltic-dry-index/comment-page-1/#comment-2538 Baltic Dry Index at multi-year lows | Tucker Report Tue, 11 Nov 2008 03:46:10 +0000 http://tuckerreport.com/articles/baltic-dry-index/#comment-2538 [...] Baltic Dry Index [...] [...] Baltic Dry Index [...]

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