01Sep10:56 amEST
Here Come the Tankers
With shipping stocks like DAC DSX GNK GOGL, among others, keep an eye on tankers to see if they can get going. FRO NAT STNG TK are just a few to watch, clearly not as strong as those shipping charts but off to a strong start today, nonetheless.
As for the market at-large, we likely have a bit of a void until the jobs number Friday morning (the likely final big event before Labor Day) after which I would expected traders to hit the exits early for the long weekend. Thus, we have QQQ doing its usual drift higher and IWM dip-buyers stepping in already.
Good Thing Today is Tuesday ... More Combat in Close Quarter...