Tag Archives: master limited partnership
Bargains are getting scarce in this extremely overbought stock market. A little “correction” over the next couple of weeks should cure some of that problem. Meanwhile, though, a misunderstanding in the marketplace has opened the door for us to sneak into a high-yielding income investment, TEPPCO Partners.
Don’t miss this opportunity: A misunderstanding in the marketplace has opened the door for us to sneak more money into one of our high-yielding income investments, the well-seasoned master limited partnership TEPPCO Partners (TPP).
Comments from three regional Federal Reserve presidents touched off a selling squall on Wall Street today. (The Dow fell 94 points, and the blue chip S&P 500 sustained an even bigger percentage loss.) It’s a sign that the stock market is becoming more and more worried that the central bank may tighten credit too far.
It’s earnings season again — and investors are (predictably) overreacting again. A pity for them. An opportunity for us. Now that the calendar quarter has turned, companies that fell short of Wall Street’s expectations for the March period are fessing up. One such outfit is Alliance Capital Management (NYSE: AC), a member of our Incredible Dividend Machine.