INDEX:AMZ   Alerian MLP Index
607 21 20
a year ago
Alerian MLP Infrastructure Index
is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index , whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities , is disseminated real-time on a price-return basis (AMZI) and on a total-return basis (AMZIX).

while the associated ETF that tracks the parent index is AMLP
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http://www.alpsfunds.com/amlp/ scroll down below and a schematic diagram showing how these LP partners earn their profits

As far as technical channel (log scale) is concern, price seems to be bottoming (there might be data way before 2007)

This is NOT a suggestion to go long though i will put in some :-)
Given the fact that energy business is run using debt, how many such companies will survive in next 5 years, i cant tell, hence it is an extremely risky investment per say

i will also do a comparison to HYG             or JNK            
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Following are some of the LP stocks:
EPD, MMP             , PAA             , BPL             , ETP             , MPLX, WPZ             , SXL, EEP, OKS, EQM             , GEL, WES             , NGLS             , TLLP, SEP, NS, DPM             , TCP             , SHLX, ENLK, NGL             , ETE             , EMES and etc

There is no need to long/short each one of them, the best/most promising will be chosen, follow me at your own risk

a year ago
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10 months ago
Comment: until HYG breaks hard below the low of that DOJI, i wont panic
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10 months ago
Comment: HYG daily and 4hrly could make a double bottom
Alerian has been a terrible performer compared to the S&P for ages...I recall Tim pointed this fact out many times.

They had ads that played on TV, radio, trying to lure people to invest.
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IvanLabrie TOP IvanLabrie
a year ago
(Correct me if I'm wrong)
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jangseohee IvanLabrie
a year ago
Hi Ivan (u r RIGHT!)
Tim is not wrong at all, energy run on debt which is financed by bank.. if many of them go bang, then bank will be affected
but i am using this sector to check whether i can capitalize on short-mid term movement for quick gain
i wont put money in this index
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jangseohee
a year ago
http://seekingalpha.com/news/2992176-mlps-mauled-again-as-crude-oil-sinks-below-35-bbl?ifp=0
the street is full of blood and media is bearish XD
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G13Man jangseohee
a year ago
lol , u liked that article i sent i see
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jangseohee
a year ago
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jangseohee
a year ago
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2use
a year ago
Follow up charts are awesome
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jangseohee
11 months ago
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BLUE43 TOP
10 months ago
risky cause no bullish divervence yet so.. price will go lower i think
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JohnKeverich
10 months ago
The channel is broken. What do we do?

Personally, I bought these two stocks: DLNG and MGPL
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They have yields around 25%, which are not in any immediate danger
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jangseohee JohnKeverich
10 months ago
if you cant take more risk, liquidate
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jangseohee
10 months ago
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JohnKeverich
10 months ago
Hi, jang

I've compared AMLP to HYG, and found strong correlation.
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Holding AMLP over the long term seems to be equivalent to holding 3x-leveraged HYG, although AMLP does offer a higher dividend. Somehow, I find this very odd, considering that energy companies make up only 9% of HYG.
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jangseohee JohnKeverich
10 months ago
i will update by end of Friday trading on AMZ chart
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jangseohee JohnKeverich
10 months ago
@JohnKeverich
now i am able to do the update for AMZ
very very strong bullish hammer on weekly
*is there a risk of more downside, yes, but you never know, i am picking up some related stocks
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JohnKeverich jangseohee
10 months ago
It had strong bullish hammers in October and December, and then just crashed lower. Notice how AMZ topped in 2007 long before oil topped. Clearly, this thing is more sensitive to HYG/bond yields than oil price. Do you see any particular reason to be bullish on HYG?

I'm still holding GMLP and DLNG, cause the yields are just too attractive, but I would wait for AMZ to take out its December high, before buying more MLPs
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jangseohee JohnKeverich
10 months ago
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JohnKeverich jangseohee
10 months ago
Take a look at January 2008: very similar candle, but no bullish follow through. I actully think that short HYG with a stop above 80.85 has a much better R:R
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jangseohee JohnKeverich
10 months ago
good observation ^_^
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jangseohee
8 months ago
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