DryShips Inc (NASDAQ: DRYS)DryShips has been on an incredible ride as of late. The stock has been up and down more than a roller coaster. Nonetheless, most recently, we've seen strong upward movement. However, all signs are pointing toward another reversal. Today, we'll talk about what we're seeing from the stock, why I believe a reversal is headed our way, and what … [Read more...]
Shipping Into Some Profits: Why Shippers Took Off
The shipping industry has been pummeled over recent years but as of late, they have skyrocketed to prices that don’t seem to match up with their fundamentals and it has a lot of traders scratching their heads. Since Donald Trump won the presidential election in the beginning of November we have seen the markets rotate money into sectors that investors believe Trump will benefit … [Read more...]