Weekend Nov 22 2019
See or previous post which is our weekly news paper column.
See Friday WSJ last two pages for articles on oil price, Bears May be Wrong.
Here is a table of various energy, energy trust, and Master Limited partnerships with prices and yields.
Those sky high yields are not misprints but as noted above check all this out for yourself.
As noted, SLB was the best performing stock on the NYSE this past Wednesday. As the largest energy service in the world, makes sense it would move first. Several energy trusts made v shaped bottoms this week on their two hour charts. I think this is a rare opportunity to buy high yields at 2009 panic low prices.
NS and GEL are master limited partnerships. The more conservative bet is Alerian which is an ETF of several MLPs. Here are the holdings.
All of these are well run and so this is a way to diversify across the entire MLP segment.
Tanger Outlet Mall owns numerous such facilities including the one in San Marcos, TX where I used to live.
Trust me you cannot find a parking spot on Saturday afternoon. There are plenty of Mexican license plates of well to do Mexican citizens here to shop. I suspect SKT has been beaten down due to Amazon concerns.
Alerian AMLP
It is certainly possible AMLP could drop back to the 2016 low. So one might put i a ladder of orders at 50 cent intervals al the way to six dollars just in case. This is a monthly chart. But the price only stayed at six or less than two weeks. In case this happens again the ladder idea would grab the lower prices if hit.
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