Shipping Stocks GasLog, Kirby Showing Strength

By | January 27, 2014

Scalper1 News

Until last year, the shipping group hadn’t given investors much reason to pay attention to it. From the start of the bull market on March 12, 2009, to the end of 2012, the Transportation-Ship industry group rose 15% while the Nasdaq surged 112%. However, 2013 was a different story. The shipping group rose 48% vs. 38% for the Nasdaq. As of Monday’s IBD, Transportation-Ship was No. 38 among 197 industry groups in six-month price performance. A look Scalper1 News

Scalper1 News