Oil Service stocks, deep water drillers. Oil stabilized today, OIH for the oil service sector was up .57%. The OIH is made up of 17 stocks. The #1 gainer was WFT (up 2.55%, but it also was slaughtered this week and hit a new 52 week low yesterday. I look at today as a rebound).
#2, #3, #4, and #5 on the list (ESV +1.88%, DO +1.68%, GSF +1.68% and RIG +1.3%) are all deep water oil related drillers.
My thought is that on the first sign of any rebound (I'm not necessarily saying today was a long-term trend), watch to see who are the leaders.
In comparison, HAL BHI SLB, were all negative. For some smallcaps, ALY was down again, BRNC hit 52 week low, FTK was up a little.