We have some headwinds in the group today with the spike in the 10 year to 5.07 and the selloff in the XOI/XNG indexes...although by no means out of control. Still it is holding back MLPS although volume is low...which is a good sign.
Valero LP is the big winner today up another 1.13 to over 52 bucks as we get more support from the good earnings/distribution hike plus the Deutche Bank upgrade this morning. Also higher are National Resource Partners (NRP) and Sunoco Logistics (SXL) along with Teppco which is now back over 38 bucks.
Crosstex (XTXI) is down 1.33 but on non-existent volume. 100 share buys and sells in this thing and you get 50 cent upticks or downticks. Also down a touch are Copano (CPNO) and Markwest Energy (MWE). Holly Partners is down 50 cents on its earnings. The XOI is coming off its lows of the day...still off 15 points after being up 15 this morning.
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