SDRL - drillers continue to climb

Seadrill (SDRL) fought hard against the weaker market, and achieved strong gains of 2.8% @ $38.80. With higher oil prices and some mainstream media attention, the oil/gas driller stocks are on a renewed push higher.


SDRL, daily

Summary

Suffice to say, with oil prices on the rise, the oil/gas stocks are managing to go against the main market, and pushed strongly higher today.

I would be similarly bullish for DO and RIG.
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*I have no position, but will certainly keep an eye on it across the summer.