Looks like the numbers were about neutral...nat gas bearish...crude flat to bullish. Looks like a rally off 960...so far so good.
If the rally holds look for buying to spread into the MLPS
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
Yikes! A sea of red out there. When would you expect to see any distribution hikes? Week before earnings?
I suspect any analysts itching to upgrade or reiterate on these dips will now wait it out until earnings calls.
- CHL
Some of these companies announce their distributions ahead of earnings...SXL and APL among others. Right now Energy is in a sharp correction and usually near the end of the correction is when they throw the MLPS out the window.
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