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It would appear there is no upside energy left in the stock market--and this includes the MLP's.  We are tired of watching the MLP's--they are getting crushed again today because of the real fear that the Saudi's are more than happy to pump up supply until crude falls under $80/barrel, thereby forcing a cut back in capital spending by shale…

October 12, 2014  9:30 pmWe have had some questions on various holdings that readers have in their portfolios and thought since we have some time we would touch on a couple of points (remember that bond markets are closed Monday for Columbus Day--unless you are in Minneapolis it is 'Indigenous Peoples Day').We have had questions on holding preferred stocks of…

October 9, 2014  9:30 pmWell after this weeks wild swings what will Friday hold for the markets?To start with we have no economic reports of consequence tomorrow--which honestly, are not the market drivers at this time anyway. Unfortiunately there are 4 Fed governors speaking tomorrow and we hope they use common sense when choosing their words. Regardless of what any…

October 9, 2014  12:35 pmThe Fed won't be rescuing the MLP's today.A battering like we have never seen is taking place in the MLP space as crude oil took another tumble (down $1-$2/barrel) this morning.  In spite of virtually all of the energy MLP's being hedged (meaning most distribution cuts won't occur for many months--or longer) there is an obvious fear.…

October 8, 2014   7:30 pmIn an incredible turnaround in stocks today MLP's were at least partially 'rescued' from an out and out rout.  While the MLP's had their worst day in a year it was only about half as bad when the day ended compared to where it was in the morning. We surveyed the universe of MLP's at…