Technical Analysis on Genco Shipping & Trading Ltd. and Diana Shipping Inc. - A Poor Third Quarter for Shipping But Things Could Be Picking Up NEW YORK, NY -- (Marketwire) -- 11/06/12 -- The shipping industry, within which Genco Shipping & Trading Ltd. and Diana Shipping Inc. operate, has been facing major headwinds recently but there may now be a light at the end of the tunnel. StBulls.com has initiated technical analysis on Genco Shipping & Trading Ltd. (NYSE: GNK) and Diana Shipping Inc. (NYSE: DSX) which serves the Shipping industry. These reports are free upon registration. Rest assured that there is no financial commitment to sign up on http://www.stbulls.com/ www.StBulls.com enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals and a dedicated team of researchers that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at http://www.stbulls.com/ In the past year the Baltic Dry Index has seen declines of over 50 percent and the recently concluded third quarter was its worst since 1998, as the crisis situation in Europe and slowdown sweeping emerging markets took their toll. The industry has been plagued by oversupply, as the dry-bulk fleet has swelled 53 percent since 2008, on the back of orders placed at the height of the boom. Read our technical analysis on Genco Shipping & Trading Ltd. by clicking on http://www.stbulls.com/GencoShippingandTradingLtd06112012.pdf Declining demand for iron ore from China has been a major source of concern as capesize average daily earnings this year have been well below their 2008 peak. However, things may be turning around, as sequentially, demand for iron ore improved by 41 percent in October bringing it to 95 billion ton-miles, its highest rate since August 2009. The surge may be the result of intense economic stimulus efforts in China, where The People's Bank has reportedly injected over $60 billion into the financial system. Investors looking for technical analysis on Diana Shipping Inc. are encouraged to use the link below http://www.stbulls.com/DianaShippingInc06112012.pdf About Street Bulls STREET BULLS is committed to provide the investor community with sharp and timely trading and investing advice. Our aim is to help our readers achieve above-average returns from the markets and create wealth for themselves. Whether you are a first time investor, a seasoned pro, an "in and out" day trader or a long-term investor, our newsletters and trading advice will provide you with the information you need for success in today's volatile markets. To view our disclaimer, use this link http://www.stbulls.com/disclaimer.html. Contact Person: Martin Peters Marketing Consultant firstname.lastname@example.org
Technical Analysis on Genco Shipping & Trading Ltd. and Diana
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