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2024-01-23 07:15:00 ET Summary As 2024 gets underway, global supply chains are facing a new hurdle, as tensions in the Red Sea have caused severe shipping disruptions and delays. If this crisis continues, the ongoing impact of rerouting shipping traffic around the Cape of Good Hop...
2024-01-23 04:58:54 ET U.S. and U.K. military forces, with support from four other countries, conducted a fresh round of strikes on Monday, targeting eight Houthi targets in Yemen in response to the militant group's attacks on ships traveling through the Red Sea. ... Read the ful...
2024-01-17 04:33:42 ET The U.S. is expected to redesignate Yemeni Houthi militant group as a foreign terrorist organization on Wednesday, as tensions in the Red Sea and the risk of Israel's war in Gaza spreading in the Middle East escalate. The move will reverse President Joe Biden'...
2024-01-12 04:56:00 ET Summary The Red Sea shipping crisis is still growing as almost half of vessels have been rerouted around the Cape of Good Hope in January. This has already more than tripled container rates. Delays and knock-on effects may drag on to the second quarter. ...
2024-01-10 05:43:05 ET Shipping rates continue to rise steeply, while vessels face weekslong delays on account of diversions from the Red Sea around the Horn of Africa to avoid attacks by Iran-backed Houthi rebels. The average shipping costs for 40-foot containers have nearly doubled si...
2024-01-03 22:18:11 ET Summary Small caps are breaking out higher but most sectors are extended. A number of shipping stocks have been steadily building big bases, and a handful have already broken out higher from theirs. The market is heavily positioned for a 2024 recession, ...
On December 28, 2023, ETF Managers Capital LLC, as the sponsor (the “Sponsor”) of ETF Managers Group Commodity Trust I (the “Trust”), entered into an agreement to resign as Sponsor to the Trust and transfer its role as the Sponsor to Amplify Investments LLC (“Am...
2023-12-23 01:48:00 ET Summary We didn't expect a quiet year for trade and supply chains, but before it even started, the vital shipping sector has once again been pushed into the centre of geopolitical conflicts. Companies have started avoiding the Red Sea and this already leads ...
2023-12-22 05:56:00 ET Ocean freight rates have shot up, while shipping companies' valuations are on the rise as more ships avoid the Red Sea after attacks by Yemen's Houthi rebels on vessels disrupted the key global trade route. The total market capitalization of the world's biggest pu...
2023-12-19 03:56:17 ET The U.S. and other countries have formed a naval taskforce to protect commercial vessels traveling though the Red Sea from Houthi rebel attacks. The escalating attacks have damaged ships and threatened crew safety, forcing shipping companies to stop their vessels ...
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2024-05-09 10:42:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-03-20 23:24:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-02-29 07:08:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...