Now that the unfathomable has happened with the election of Donald Trump as the next president of the United Sates, change is now gripping the financial markets. And the change is evident in so many ways as investors reassess their investment positions relative to their personal future expectations a Trump administration will have on the value of their holdings. The rotation out of technology investments like Amazon (AMZN), Facebook (FB) and Apple (AAPL) to name a few and into other sectors such as big drug company Glaxo (GSK), Merck (MRK) and Pfizer (PFE) and defense stocks Lockheed Martin (LMT), Boeing (BA) and Martin Marietta (MLM) is one very visible trade. But does the market indicate that energy investments like oil will be a good play in a Trump administration?
The reaction of the oil market (OIL) to the Trump victory is best described as muted. However, energy MLPs (AMLP) (ETP)…