He said there is more room to run for stocks like Diana Shipping ( DSX) and Genco Shipping & Trading ( GNK).

He said he wants to be in dry bulk and container ships at a time when global economic conditions are improving.

In the final trades, Nathan said he would be cautious with the S&P at 1350. Adami said he would buy Watson Pharmaceuticals ( WPI) if it "washes out after earnings" tomorrow. Finerman said she would sell some shares of Timken ( TKR) ahead of its analysts day on Tuesday. And Terranova liked Buckeye ( BPL).

-- Written by David Tong in San Francisco.

>To contact the writer of this article, click here: David Tong.

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