The fed may be hinting that there may be 2 more rate hikes and then done...and if that is the case the MLP correction that began in July may have run its course. Some upside today in the group took hold at 2:30pm and held into the close. Some losers however include Holly Partners back to 39.25 down .75 and Northern Borders Partners at 43 down 67 cents.
As mentioned earlier Atlas Pipeline Partners priced its offering at 42. And a big 5000 market purchase of Hiland Partners by an insider. This was reported after the close.
Sorry the blogging has been on the light side this week with Thanksgiving and some personal stuff. Looks like everything tomorrow will be in the first 45 minutes and then its nothing of consequence until Monday. Thats just a prediction.
Here is a list of MLP yields as of 11/10 thanks to Utility Stock Blog
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