DEUTSCHE UPS 2 AND CUTS 4

MLPS SET TO OPEN HIGHER

After 6pm last night Deutsche Bank told us that i cut 2 mlps from buy to hold and those 2 were Magellan Midstream Partners (MMP) Breitburn LP (BBEP) Nustar (NS) and Nustar Holdings (NSH). Well this morning it is upgrading Calumet Specialty Products (CLMT) from hold to buy and it is also raising Buckeye Holdings (BGH) from hold to buy. So we have 5 companies in our group likely to move this morning...2 up...2 down. Meanwhile stock futures over all are up a strong 6 points on the S&P so we will see a push through 1527 in the first 1/2hour. This puts a bid under MLPS this morning so we should have a higher open as well.

Energy markets are higher this morning after yesterday's selloff. No corporate headlines this morning at least so far but this is an early post for me.