For whatever reason Goldman Sachs needed to remind us about how it feels on all the MLP's it follows. It was neutral before today on Enbridige Energy Partners(EEP), Energy Transfer Partners (ETP), Magellan Midstream (MMP) Oneok Partners (OKS) Plains All American (PAA) Suburban Propane (SPH) Sunoco Logistics and TC Pipelines (TCLP). It is still neutral on all of the above. It does like Enterprise Products Partners (EPD) and reiterated a buy there. It had sells on Teppco (TPP) and Ferrellagas (FGP) and reiterates those. AG Edwards reiterates a buy on Trans Montaigne (TLP).

Prices are higher as the index nears the 310 level up 1.40 on the day so far. Lots of winners all up major fractions to a point. Losers are few. Martin Midstream got a downgrade from RBC Capital Markets and Boardwalk is doing its stock offering and they are both down major fractions but off their lows. Btw a correction from earlier as the fed is having a 2 day meeting so no results until tomorrow.