Good Wednesday morning!
We have a quiet morning on the corporate news front but we do have Lehman Brothers cutting Enterprise Holdings (EPE) to equal weight from outperform. And thats it!
Crude Oil is higher this morning, Nat gas is slightly higher. Crude oil stats out at 10:30am so that will be a market mover. Durable goods was soft and the 10 year yield is dropping again. End of quarter nonsense continues so who knows where we'll be going today. New highs on the dow getting very close.
Not much else to write about this morning so i'll wait for the open and post around 10am
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They also downgraded XTXI to equalweight; MWP en fuego though. Have you ever seen a long term graph of MLP yields vs UST's? Just wondering if we are very wide relative to the historic mean.
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