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Here Is Why Dry Shipping Stocks Made An Across The Board Huge Splash

Here is something I literally don't see every day and in fact I can't even remember the last time I did. The Baltic Dry Index was actually red yesterday, February 3rd, yet every single dry shipping stock on my radar list was up at least 5% with most of them much higher. While there was no fundamental news on an individual level that justified the rocket moves from Diana Shipping (NYSE:DSX), DryShips (NASDAQ:DRYS), Navios Maritime Partners (NYSE:NMM), Safe Bulkers (NYSE:SB), Star Bulk Carriers (NASDAQ:SBLK), Baltic Trading Limited (NYSE:BALT), Knightsbridge (NASDAQ:VLCCF), and Navios Maritime Holdings (NYSE:NM) it was a shockingly positive report that came out about…