Good Friday Morning!
Typing while that pompous windbag Senator Dorgan and the windfall profits tax. When oh when will these idiots just give up!
Meanwhile our MLPS have all the wind at their backs. Good earnings continue..distribution rising...falling 10 year interest rates. I think the AMZ MLP index which sits at 255 could head to 270 and challenge 52 week highs. Regency Partners annoucnes its distribution which is the first full quarter since going public. Another IPO from Atlas America as it will be offering Atlas Energy. I would think this will not have an overhang on Atlas Pipeline Partners (APL) the way the offering of the general partners Atlas Holdings (AHD). This new IPO will also list on the NYSE.
No upgrades or downgrades this morning. We have a few ex-distributions today so there will be the usual price distortions.