Baltic dry index - 851

Today, Friday, June 16 2017, the Baltic Dry Index decreased by 4 points, reaching 851 points.

Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.

=========================

Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 933

HOUSTON (AP) -- The number of rigs exploring for oil and natural gas in the U.S. rose by six this week to 933.

A year ago, just 424 rigs were active.

Houston oilfield services company Baker Hughes said Friday that 747 rigs sought oil and 186 explored for natural gas this week.

Among major oil- and gas-producing states, North Dakota added three rigs while Alaska, Colorado and New Mexico gained two rigs each. California and Louisiana increased by one apiece.

Oklahoma declined by four rigs and Wyoming was down one.

Arkansas, Kansas, Ohio, Pennsylvania, Texas, Utah and West Virginia were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.

=========================

Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Singapore non-oil domestic exports (NODX) - Part 3

http://www.channelnewsasia.com/news/business/singapore-exports-down-1-2-in-may-second-straight-month-of-8951066

Singapore NODX is declining again in May 2017.

Year on year changes:

May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Dec 2016: 9.1%
Nov 2016: 15.6%

https://sg-stock.blogspot.sg/2017/05/singapore-non-oil-domestic-exports-nodx.html

Singapore stock calls for 16 June 2017

Wow! Lee Hsien Yang accused PM Lee of being a liar!

http://www.businesstimes.com.sg/government-economy/lee-family-feud/lee-kuan-yews-final-will-was-not-drafted-by-stamford-law-lee

No wonder Lee Hsien Yang will have to leave SG for good because of the acrimonious family feud.

PM Lee will definitely accuse Lee Hsien Yang of casting aspersion on his integrity because a liar is unfit to be a PM especially one who is lying openly in public.

Why is Lee Kuan Yew's house or will no longer a family affair!

Lee Kuan Yew's house or will is no longer a family affair for a simple reason despite PM Lee's assertion.

Why?

It used to be a family affair until PM Lee set up a ministerial committee to handle his "family affair".

When you use parliament or set up a ministerial committee to handle or take charge of something, it becomes a public or national issue because you are basically using our national resources to resolve the matter.

You cannot use our national resources to handle or resolve your private or family affair and still proclaim it to be a personal or family issue.

This is setting a dangerous precedent for our future PMs and we don't think this is right and therefore strongly oppose this.

If there's a doubt about the veracity of the will, please contest it in court with your own resources and not use our national resources.  Then you will have the right to proclaim this to be a family affair.

Lee Hsien Yang will be leaving Singapore for fear of retaliation from PM Lee, his elder brother.

https://sg.news.yahoo.com/news/singapore-pms-brother-says-fears-110803440.html

http://sg-stock.blogspot.sg/2017/06/dr-lee-wei-ling-said-that-her-brother.html

Lee Hsien Yang doesn't trust PM Lee at all now.

Singapore stock calls for 15 June 2017

Dr Lee Wei Ling said that her brother, Lee Hsien Loong, is not suitable to be a Prime Minister.

https://www.facebook.com/weiling.lee.980/posts/444615392560776

Wow! When a sister said such thing about her own brother, it left a big question mark about PM Lee.

Will PM Lee sue his own sister? If PM Lee doesn't sue her own sister, does that mean there are some elements of truth in her remarks?

http://sg-stock.blogspot.sg/2017/06/hot-news-lee-hsien-yang-and-lee-wei.html

Singapore stock calls for 14 June 2017

Hot news! Lee Hsien Yang and Lee Wei Ling have no confidence in PM Lee.

https://sg.news.yahoo.com/lee-hsien-yang-lee-wei-ling-say-no-confidence-singapore-pm-lee-hsien-loong-010102573.html

The siblings of PM Lee have no confidence in him because they believe PM Lee is trying to capitalize on Lee Kuan Yew's legacy for his own political agenda, be it for himself or for his son.

If this is how PM Lee's siblings see their own brother, then something is seriously wrong because it's 2 Lee vs 1 Lee.

Financial experts couldn't agree among themselves about global growth.

https://www.reuters.com/article/us-usa-recession-deutsche-bank-idUSKBN1931X5

https://finance.yahoo.com/news/bill-gross-warns-financial-markets-115500026.html

Financial experts are giving conflicting opinions about global growth and this phenomenon shows that the markets are getting dicey because the future is becoming unpredictable.  One says a recession is very remote while the other says the market risk is getting high.

Singapore had repented and invited China to bid for KL-HSR construction.

http://en.people.cn/n3/2017/0612/c90000-9227233.html

http://sg-stock.blogspot.sg/2017/05/bad-news-china-has-isolated-singapore.html

http://sg-stock.blogspot.sg/2017/05/the-fight-for-kl-sg-hsr-is-not-over-yet.html

Singapore had repented because of Japan's public expression to join the BRI and was rejected by China. Singapore knew that it couldn't support Japan anymore after seeing Japan being snubbed by China unless SG wanted to be ostracized completely by China.

http://sg-stock.blogspot.sg/2017/06/what-is-japan-thinking-it-just-shows.html

Furthermore, HK has just joined AIIB.  SG has always been looking at HK as a direct competitor in this region as HK is a much bigger financial hub than SG.  HK will be able to capitalize on its financial expertise to provide financial assistance to the BRI project through AIIB which SG is also targeting.

http://sg-stock.blogspot.sg/2017/06/what-joke-singapore-to-help-bankroll.html

http://gbtimes.com/business/hong-kong-becomes-aiibs-first-non-sovereign-member

Women are really bad drivers!

They don't know how to operate a handbrake. Hahaha!

Russia has deployed K-300P bastion missiles on Kuril Islands.

http://www.bestchinanews.com/Military/7271.html

It was reported that Russia deployed K-300P bastion missiles on the Kuril Islands after Japan received its first F35 fighter plane.  This type of missile can fly at 2.5mach and the missile system will usually fire 2 missiles at around the same time.  Once one missile hits the target, the other missile will search for the next target.

Kuril islands are very near to Hokkaido and these bastion missiles will definitely put Japan on constant alert.

Singapore stock calls for 13 June 2017

Panama dumps Taiwan for China!

https://sg.finance.yahoo.com/news/panama-cuts-ties-taiwan-switches-china-024859147.html

Panama has definitely made a wise choice by choosing China over Taiwan.  This is a win-win situation for Panama and China.

What a joke! Singapore to help bankroll China's global ambitions.

https://sg.finance.yahoo.com/news/singapore-offers-help-bankroll-chinas-090659539.html

Let's face it. Singapore needs China more than China needs Singapore.  China can secure its goods and oil without going through SG already.

China has more money than SG but SG wants to help finance China's BRI.  Furthermore, AIIB is always there to help finance BRI for other governments.  Therefore, I don't see how SG can compete with AIIB and other local banks.  SG is trying to paint a beautiful picture between SG and China but the truth deviates far from the news.

As long as we've a USA naval base and P8A plane in sg, China will NEVER trust SG.  If we want to gain China's trust, we'll need to start to purchase China-made military weapons but this move would anger the USA.

Hot news! ISIS leader was killed in Syria!

https://www.thesun.co.uk/news/3773686/isis-leader-abu-bakr-al-baghdadi-killed-in-a-massive-airstrike-in-syria-the-countrys-state-tv-channel-claims/

I hope this news is true because ISIS will be weakened significantly without a leader.

Why is China going to the moon?

The moon has an abundance of Helium 3 which can be used as a fuel for clean energy.

The most efficient energy technology now is nuclear fission but it will produce deadly radiation and nuclear waste.  However, there is a better alternative which is nuclear fusion and it is the same fusion process as the sun.

Nuclear fusion requires Helium 3 as the fuel or power source and the fusion technology produces no radiation and waste.  It is often touted as the clean energy technology.

http://www.explainingthefuture.com/helium3.html

China wants to explore the moon for Helium 3 mining and Alien discovery projects.