Plains GP Holdings, L.P. Added to the SMA Portfolio

By on November 26, 2019

Plains GP Holdings LPPlains GP Holdings, L.P. (PAGP) was added to the SMA Portfolio today at a price of $17.82 utilizing cash available. PAGP represents approximately 0.5% of the portfolio. Midstream oil entities remain in a bear market and appear to be bargain priced in the current low yield environment.

Tax loss selling may be contributing to the weakness in energy equities since oil prices have stabilized over recent months.

Disclaimer: It is very challenging to outperform a buy and hold strategy. Historically, investors have found themselves well-served over the long-term by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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