Shipping Stocks Still Look Healthy In Market Weakness
Shipping stocks still look like they have some energy left, in an overall weak market. Today, DryShips Inc.(NASDAQ:DRYS) is trading at $2.11, +0.07 (3.43%). This is one of the few sectors that has not surged dramatically higher.
I am keeping the whole sector on high alert going forward. Key small cap plays could be monster movers if conditions continue to remain favorable.