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High-Yield Sectors Lag in Pre-Thanksgiving Rally (PG, HPQ, APL, PAA, KMP, PAA)

by Jason Smith | November 24th  |  Filed in: Dividend News

Stocks headed higher across the board on Wednesday, leaving few sectors in negative territory, but a number of high-yielding corners of the market were among laggards.

As of this writing, all but seven of tickerspy’s more than 270 sector-based stock, ETF, and ADR Indexes are posting gains in the final session before the Thanksgiving market holiday. Meanwhile, Procter & Gamble (PG) and Hewlett-Packard (HPQ) are the Dow Jones Industrial Average’s only losers as the benchmark surges by triple digits.

Despite the rally, a look at the highest yielding tickerspy Indexes shows that royalty trusts, MLP-focused closed-end funds and ETFs, and Bond ETFs are among the day’s worst performers as a group.

Meanwhile, Atlas Pipeline Partners (APL), Plains All American Pipeline (PAA), Kinder Morgan Energy Partners (KMP), and Plains All American Pipeline (PAA) are all weighing on the MLPs Index, which is trading higher only fractionally.

It will be interesting to see whether investors’ appetite for more aggressive growth stocks wanes as volume returns to the market next week. Investors can view the full list of tickerspy’s highest yielding Indexes at tickerspy.com.


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