Featured Articles
MLP’s in an Incredible Rout
Tim McPartland | October 8, 2014
October 8, 2014 10:20 amMLP's are getting soundly routed today in a downside move that is the largest we have seen in years. Likely bargains being created, but who knows with oil dropping again.We certainly picked a bad time to try to flip a MLP for a buck profit--instead we have a buck loss. Extreme caution needed in the energy…
A Market Thrashing–More to Come?
Tim McPartland | October 7, 2014
Wow, what a market ass kicking took place today. We are surprised--and about 1/2 pleased with how it all unfolded. When we can get through a day like today with only a 11 basis point loss we can concentrate on what to buy next--instead of trying to cover our fannies.The down draft in interest rates was so sharp we can…
Market Tone Shifts
Tim McPartland | October 7, 2014
After months and months of ignoring the obvious (that the global economy is tenuous) Wall Street has decided that maybe it does matter that Asia and Europe are tanking and it is important to U.S. equities. I guess it is so easy to forget (NOT) that of the S&P 500 half of the companies get half of their earnings from…