Hinds Howard explains why the recent downturn in the energy sector was a practically meaningless dip, and describes why MLPs are an ever-strong growth proposition.

EQT Midstream (EQM) announced its 3rd quarter earnings on October 23. EQM is near the top of the fast-growth class of midstream MLPs.

The best scoring sector remains utilities this week. Basic materials and healthcare score in line with the average universe score. In basics and healthcare, large and mid cap score better relative to peers than small cap.

Our top scoring large cap stocks from 1 year ago produced an average 666 bps of excess return to the S&P 500 over the past year.

The top scoring sector remains utilities. Consumer goods, industrial goods, and healthcare also score above average. Financials, services, basics, and technology score below average.

The average large cap score is 60.74, above the four week moving average score of 58.93. The average large cap is trading -9.5% below its 52 week high, 3.27% above its 200 dma, has 3.87 days to cover short, and is expected to post EPS growth of 13.34% next year.