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Alerian MLP ETFAlerian MLP ETFAlerian MLP ETF

Alerian MLP ETF

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AMLP trade ideas

A New Long Opportunity In Energy: $AMLPEveryone knows that $XLE has been out performing for the last two years. If you missed the move here's an opportunity at a new comer to the breakout in energy, $AMLP. This ticker is an ETF that tracks a basket of MLP stocks. It's concentrated at just 17 holdings and its currently boasting a yield of 7.4%. The monthly chart looks a lot like its cohorts in the energy space did just a few months ago. This is a monthly candle chart with no annotations or judgements by me. The 36 Month SMA served as resistance until recently. That resistance was flipped and tested. The flip was successful and former resistance is now confirmed as support. The ETF is now convincedly above is 10 Month EMA for the first time in years. There's also a long term gold cross forming as the two moving averages converge. On the daily chart its fighting some resistance in the $38 to $41 range for sometime now. This looks like a good one for the watch list.
AMEX:AMLPLong
by Breakout_Charts
Alerian MLP ETFAlerian MLP ETF risks falling to 2021 low ETF Alerian, after updating the two-year high of $42 per contract as part of a long-term uptrend, began a rapid flight to the $30 support level, breaking through the trend line of the two-year uptrend channel. The current downward dynamics of Alerian's decline puts investors in a stupor, the presence of gaps only confirms pessimistic moods. Pending buying demand is below the $30 support level, which could well be the starting point for a subsequent correction with the potential to recover with a renewed high of $50 per contract.
AMEX:AMLPLong
by Kuznetsov_Sergey
AMLP Offers Attractive Entry PointShares of the AMLP, which tracks a basket of MLP's (master limited partnerships), has been a stellar holding since mid-April both in terms of price and total return, thanks to its rich 7.8% dividend (at current prices). This advance has now pulled back to the 61.8% retracement , which is ideal for a continuation of the advance. I've been aggressively buying over the past few months and have done quite well it it, but now it's offering an opportunity for more buying. Mind you, this is not a trading vehicle. It's a long-term holding that you want to reinvest dividends (unless you're retired and looking for dividends as a payment). In addition, it's the perfect ETF to sell covered calls against, again, something I've been doing to increase the yield of my investment. On that point, try to stick with near-dated contracts because an unforeseen spike in oil could make this thing rally hard, thus eating away any premiums you collect selling calls against in. In short, I'm a buyer (and already a holder of a sizeable position), and I'll be adding today on this pullback to the 61.8% retracement. It's also showing oversold readings on the R.S.I., suggesting a bounce of sorts is due. I suggest you consider this ETF as a part of your own diversified portfolio. PS - I've added some upside targets to show the potential, the 127.2% and 161.8% extensions, the latter of which will take us to about $12.30, or almost 25% higher from here. Plus, that 7.8% dividend and selling covered calls against it will further boost your return! Oh, and don't get caught flat-footed on this selloff... this could be big! Happy trading (and investing)!
AMEX:AMLPLong
by EchoAlphaBravo
AMLP TO CONTINUE TO MELTUP ON TRUMP'S EXPANDED OIL FIELD ACCESS www.zacks.com Q4 Earnings Growth Likely to be Impressive Among all the 16 Zacks sectors defining the S&P 500 index 0.55% , <$$$energy will likely witness the strongest earnings growth in the fourth quarter$$$>, per our latest Earnings Preview. In other words, energy will likely be the only Zacks sector to report triple-digit earnings growth. www.forbes.com Prepare For A Rally Energy companies have rallied since August as oil prices have climbed higher. But because the new tax law will disproportionately benefit the energy sector, all else being equal the sector should outperform the S&P 500 because of expectations for higher earnings. seekingalpha.com Trump to 'sharply' expand offshore drilling, including Pacific Ocean
AMEX:AMLPLong
by mseah8
AMLP Alerian MLP Ready for Melt UP as New Tax Cuts Starts Mondaywww.barrons.com More importantly, under the new law, taxable income for MLP investors is now allowed a 20% deduction, which when coupled with a lowered maximum individual tax rate of 37% vs. 39.6% prior results in a tax liability for MLP investors of approximately ~$30 vs.~$40 on $100 of taxable income. In short, we see the new tax regime as a net positive for MLP investors. www.etf.com 20 Biggest ETF Cash Cows Ticker Fund Name ER AUM ($B) Implied Annual Revenue ($) EFA iShares MSCI EAFE ETF 0.33% 81.72 269,676,000 EEM iShares MSCI Emerging Markets ETF 0.70% 38.12 266,840,000 SPY SPDR S&P 500 ETF Trust 0.09% 247.8 223,020,000 GLD SPDR Gold Trust 0.40% 34.82 139,280,000 AMLP Alerian MLP ETF 1.42% 9.65 137,030,000
AMEX:AMLPLong
by mseah8