Technical Analysis on Genco Shipping & Trading Ltd. and Diana

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. 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 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  
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  
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  
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 
Contact Person: 
Martin Peters
Marketing Consultant 
Press spacebar to pause and continue. Press esc to stop.