Archive

Week Thoughts: Second Half Strength

10Dec
MLPs opened with 3 straight negative days again this week.  By Wednesday, the MLP Index had dropped 2.6% from last Friday.  MLPs rallied 2% combined Thursday and Friday to finish down 0.8% overall, but with some positive vibes into the weekend, especially with actual snowflakes falling in Houston Friday (from what I understand). Oil prices seemed

Week Thoughts: MLPs Make Bit of Coin

03Dec
After plumbing fresh 2017 depths each of the first three days of the week, MLPs bounced hard Thursday with some follow-through Friday to finish the week up 3.0%. It was the best week for MLPs since the late June when oil prices bounced from the low $40s. Overhang from seasonal technical factors, some uncertainty regarding FERC and tax reform weighed