SPH - Cold November Rain
It was a largely uneventful, unremarkable week in midstream. Stock prices swung around with sentiment around oil and broader equities. Canadian midstream again held up better in a negative tape, resulting in slightly better performance for the Alerian Midstream Energy Index vs. the AMZ or the AMUS.
There were violent and inexplicable intra-day and intra-week moves in certain stocks that are typical of November when ex-dates and tax loss selling seem to play a larger role than in other months. November has historically been the worst month for MLPs and midstream stocks. Last year, for