We're Back With A Few Special Plays For December - January

Get ready for the Christmas Rally and here are Two Very Good Stocks To Follow Through The New Year.

Last time we came back we were pounding the table on DRYS in December 2008 at $5.00 and in January 2009 it went through $15.00.

This December we like Cheniere Energy (LNG) and iStar (SFI).

LNG News
iStar Turnaround News

((((((((((((((( We Have Retired )))))))))))))))

Thanks to our followers, traders and investors. We hope that our time here created a lot of value to investors around the country and abroad. This site takes quite a bit of time updating and we just don't have it any more, so we have retired for now until further notice. A good position to hold through these tough market cycles is GOLD.

Dryships - DRYS - Best Pick Since Nov 2008

Beating out most money managers for 2008, we came out of retirement with this post in November 2008 after seeing that several investors were getting absolutely slaughtered by the crooks on Wall Street who were pulling their bids on good stocks in an attempt to steal cheap shares when "Massive" sell orders hit Wall Street in what we would call forced Hedge Fund liquidations by scared investors. Click and Read Notes: http://emergingstocks.blogspot.com/2008_11_23_archive.html

Our Stocks Are Lifting - DRYS Chart Shows A CWH Breakout Too!

Bernard Madoff Investment Securities Holdings

SEC Filing on Holdings
MSNBC's Video On Madoff
Madoff received a wave of redemption notices in recent months from investors looking to preserve cash. Authorities say investors sought to pull out some $7 billion from the fund — money Madoff apparently did not have. In the end, most Ponzi schemes collapse when too many investors seek to pull their money out at the same time, and the operator doesn’t have the cash on hand.

New DRYS Chart - Accumulate On The Drop

Bloomberg BDI Chart

Click On Charts

China to spend $731 Billion on Railways

Click for the China News

China To Increase Iron Ore Imports

China is forecast to increase iron ore imports by 40m tonnes in 2009.

Lots of Activity On DRYS in Pre-Market and AH Trading - The Trend Is Up

Definitely avoid getting caught short on this stock or you could find yourself getting cut in half in a matter of days. (Click on the chart) Shorts need to cover immediately and go long to avoid further losses. DRYS will probably GAP UP on the opening again tomorrow, then continue its run up another 10% - 20%.

China Says It May Cut Rates Too - Bullish

Click for the news.

Dry Ships Index Up +8.2% And Climbing

Click: Shippers continue to run as the Dry Ships Index rises again today. Take some profits on some of your GNK and roll it into DRYS, which is trading at a $2.00 - $3.00 discount to GNK at this time. DRYS should be trading at $13 - $14 soon, especially since GNK is almost $15 today.

DRYS Stock Trading in a Channel with tomorrow looking like we could break through $12.00 - $12.50 if the BDI continues to spike as it has been doing.

Hellenic Shipping News - Bullish On Shippers

More good days expected In Dry Bulk shipping.

Bloomberg Dry Ships Index Continues To Bounce Off Its Lows Up 7% Today

Click for the link.

Rates For Shippers Rebound

Average rates for ships, which move coal and iron ore, have nearly tripled over the past week.

Japan Governmant Expands Stimulus Package By 6 Times To $131 Billion; Tokyo Announces Economic Measures Worth $295 Billion; Europe Backs $264 Billion

Japan's government said it would expand the size of funds set aside to recapitalise banks to 12 trillion yen ($131.1 billion) from 2 trillion yen and also announced a 1 trillion yen package to secure jobs. It was not clear how much of the money was new.

Tokyo has already announced a package of economic measures worth 27 trillion yen ($295 billion), which included 5 trillion yen in new spending and featured payouts to families, tax breaks on mortgages and relief for small firms.

"We are working at a very high speed. The size of the economic measures will be worked out until the last minute," Finance Minister Shoichi Nakagawa told a news conference just before the new measures were unveiled.

European Union leaders backed a 200 billion euro ($264 billion) economic stimulus pact, said British Prime Minister Gordon Brown.

Baltic Dry Index (BDI) +53 to 764

The BDI is turning up again as it advances 53 points today and bounces off its low point that it hit last week.

We think that this index may have bottomed last week and see the start of a shipping turnaround in process. Expect the shipping stocks to continue their rally despite the slight pullback yesterday. This looks a replay from December 2005 through October 2007. This is where you accumulate stock (at these cheap levels) before everyone figures it out. Any shares under the $10 - $12 level is an absolute steal.

The BDI Shipping Index Has Finally Turned Up

See the chart here. Now, are we overbought or is shipping a ground floor opportunity to get in? Looks like $3,000 to $230,000 is the target somewhere in 2009! Buy and Hold Through January - April when China imports the most ore for the year. Here are a few good reasons to Buy and Hold:
1) Banking is getting back online.
2) Investors are boarding shipping companies now.
3) Chinese steel makers wanted the new annual pricing for ore to start from January 1, instead of from April to get the shippers moving sooner. China’s iron ore stockpiles at its major ports and warehouses had exceeded a record 100-million tons.

Do Not Short Stocks Into The Christmas Rally

Shorting stocks into a Christmas rally can be detrimental to your portfolio as many traders and investors experienced going into Thanksgiving this year. Hold your positions.

A Key Element To The Run In Shipping Stocks

Once Wall Street figures this out, you should see the shipping stocks continue to climb. Please read this article.

More Shipping News In The WSJ

The Wall Street Journal News reports: Investors are once again doubling down on the shipping stocks, pursuing those companies after a year-long selloff.

Also - see our notes from 12/04/2008:

1) Here is some news worth reading again
2) Rumors of buyout circulating on DryShips
3) There is a Shipping Conference going on in NY this week
4) The UDW Primelead spin-off is still in the works
5) China to order Billions in goods that should get shippers moving again
6) News of a Multi-Billion China railway to speed up the economy
7) Bank credit is finally thawing, allowing goods to be shipped again worldwide
8) Australian coal exports pick up as Newcastle reports an almost 60% increase of coal shipments in the last week of November and more then 40 ships waiting in line to load
9) There are over 6,300,000 shares short on this stock with a tight float
10) DRYS stock could easily "Triple" from here with all the news coming in at once: Easing of credit, China material orders, Coal exports, short covering, and the UDW spinoff