Friday's in the summertime usually amount to relative inactivity. No real standouts today and not much in the news department. Fractional plusses and minuses dot the MLP universe. XOI made a high near 1006 but is selling off. Chart has been in an amazing uptrend but a correction to the moving averages would not be unusual.

Ten Year yield has been dropping from its peak near 4.50 a few days ago. A break below its moving averages would suggest yet another trip down in yield which of course would be supportive. I've been arguing for a correction in the group and the action might mean that the downside may have a little more to go...but perhaps not much more.

Martin Midstream Partners has held up well in here. Trades by appointment only and has been in a tight trading range. Might be worth looking into for a trade.