Battle on the High Seas

I see that the tanker, TK, is finally moving today, in light of the shipping surge in recent weeks. 

As an offshoot to this general sector action, I would still keep an eye on Golar LNG, a name we have noted previously on this site and for Members. 

On the updated GLNG daily chart, below, Golar has held up fairly well after clearing well-defined resistance. Some of the shippers like DRYS EGLE are beyond volatile and prone to abrupt news at this point. 

So, I suspect the likes of GLNG may be a tad less risky. 

As for the market at-large, it appears we are well on our way to a slow but steady holiday week of trading.