Sorry for the lack of blogging today. Did not seem to miss much however since there were few corporate developments unless something hits after the close. Its never pretty when they close near the lows of the day after trading higher. The XOI index had an outside reversal day where it trading sharply higher this morning...up near 20 pts and well above yesterday's high and then sold off sharply to close below yesterday's low. This is not a good sign for energy stocks short term.

On the other hand 10 year yields rallied strongly to 4.52% on the 10 year and the yield curve went negative on the new 30 year bond! This may have put a floor under MLPS at least so far.

Watching for after market developements!