Hard for the energy group to make a stand when oil is down another buck and change as 65 bucks didn't hold and the rest of the market is moving higher. Still the AMZ MLP index is down just 13 cents while the XOI index of big energy is down 10. Oneok LP is the biggest winner today as its back over 55 dollars after a drop to 54 yesterday. Calumet (CLMT) and Energy Transfer Partners (ETP) are the biggest losers but only by 25 cents each.

Crude now down 1.80 with a 63 handle. XOI should be down much more than 9 points. Could a near term bottom be at hand..or are we headed to XOI 1000? MLPS need energy stocks to stablize so they can react to the positive rate enviornment.