The upstream MLP are on the ropes and many poorly capitalized will disappear . I think some heavily indebted and leveraged Midstreams might also have big issues. But I like both EPD and MMP because of there sound management and finances . As for Majors XOM looks the strongest.
Will add at $19-$20. As Churchill said ," There nothing to fear but fear itself". The best cure for market anxiety is a tall Pacifico Draft Beer. When feeling anxious about the market, have a couple,if still anxious ,have a few more until numb :) Believe me it works:)
I own both EPD and MMP. I think MMP is the best day trader but I will keep both. I MO they are the two best Midstreams . There is probably another good one but I will stay with what I,m comfortable with.
Buying Put is expensive and should only be done when the stock price is at a high. Selling Call on a low is a loser also. I like EPD and will hang tight and add below $20. When she gets to $24-$25 I will sell a January $30 Call for a buck and change. I own some stock that worries me but EPD is not one of them. I,m currently 40% cash and find that comforting. If it's eating you up its best to sell even though you will feel like a fool later when takes off . Good luck.
I added NRF today at $10.19 for the first time since initial purchase. The Dividend should be declared later this month at which time it might pop or poop:)
Confining myself to two mid streams EPD and MMP. They both easily earn there Distribution with earnings left over for Capital investment.
The only problem i have with C Preferred is Fidelity will not let me buy it on line. Its in my wife's account and you are required to call the help desk to buy some ,too much hassle. I went with some B Preferred instead.
SLB is up because people want some when oil recovers. SLB is one of the "few buy the dip" stocks currently. Looking for a place to add myself.
I wonder if Yahoo will shut this MB down for talking about PSEC? But of course Yahoo will do anything for a dollar. The whole thing is difficult to believe.
Criminal you are a bit incorrect about all brokers offering free ETF trades. Fidelity offers some ETF that trade free if you hold the ETF more than 30 days. Trade it on the 29 day and you are accessed two $7.95 fees
I would negotiate a gigantic salary if I could. You probably have no valuable skills or experience. Closing down a company is hard work and when it ends you need another job. There no reason to see it through without being paid well.
Deflationary spiral ? Dollar strong,commodities and wages down. We sure could use some inflation,not too much just some.
Why? Because they are smarter than you? You and i both would take millions off the table if we could.
Obama did all in his power to stop or slow oil production. He did stop production on Federal lands.When off short sites were offered with one hand regulatory agencies stopped it with the other. They were producing sounds bites and talking points for Dim followers such as yourself to cut and paste.
Was that poo or Pew research? The world snicker at emperor Obozo. All prefer him as a enemy than a ally.
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