jangseohee

AMZ, bottoming

jangseohee Updated   
INDEX:AMZ   None
26
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
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

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

Comment:
Comment:
until HYG breaks hard below the low of that DOJI, i wont panic
Comment:
HYG daily and 4hrly could make a double bottom

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