Why We're Staying Bullish On Tanker Stocks

 

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Why We're Staying Bullish On Tanker Stocks

 

Happy Super Bowl Sunday Small-Cap fans...

As expected, the market has begun letting off steam to ease its 
overbought condition.

This past week the Dow dropped -2.53% while the S&P is down -2.12%.

Even the standout tech-heavy Nasdaq is down by -1.76.

Market internals also show weakness setting in.

On January 17th demand (the bulls) controlled 42 of the 45 sectors we track at True Market Insider.


Today, just two weeks later, demand controls just 20 sectors -- a 53% drop.

With that market condition as a backdrop, today I want to update you on the tanker stock I wrote about some weeks ago.

Stocks within that industry have pulled back, and today I'll share what industry insiders are telling me about that.

And also what I think you should do about that.

 

Read More>>


 

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