Good Morning.

Valero LP is in the news this morning. First off we have leftover news from last Friday as Valero (VLO) will be IPO-ing the GP of VLI! And then we have Goldman Sachs downgrading VLI to market perform from outperform.

Not much else happening this morning so i guess the question becomes what happens to the last 15 minute upside move on several of these.