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Is the shipping sector out of favor with the stock market?

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Palmyra wrote a column · Oct 15, 2021 04:14
$Danaos(DAC.US)$ $Matson(MATX.US)$ After massive run up with names like DAC, MATX, SBLK etc... the shipping sector got absolutely hammered today on a monster day for the stock market.

In theory, the period from mid October-early 2022 should continue to be a good time for the sector, but the market's moves seems to be disagreeing.

But with upgrades to stocks like UPS, shouldn't this help them?:

"The strong demand from the upcoming peak shipping season and smart management has UPS set up for a rebound, according to investment firm Stifel.
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