Dow down 155 and the MLP index has actually been up most of the morning but is now down but only by 30 cents. The list however has more losers on it than winners, just that the moves aren't all that impressive in either direction. Energy complex is higher except for natural gas.
Terra Nitrogen (TNH) is down 3 after trading as high as 126 this morning. The stock had an impressive run these last 2 weeks. Energy Transfer Equity (ETE) has broken out to new highs today. Copanoi (CPNO) also up near its 52week high.
Other than Terra Nitrogen, Genisis (GEL) and Alliance Resource (ARLP) are the 2 biggest losers down just under 1 point each.
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About Me
- joewxman
- a meteorologist with a knack for trading and investing in MLPS! I also like horse racing, enjoy cigars and a good port wine.
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2 comments:
CPNO was just recommended by one of the Motley Fool pay services. I wonder if that had any influence on today's price movement?
Joe,
Do you follow any canroys listed on the NYSE or AMEX? Some of the yields are looking very tasty and the NAV's seem to have stabilized.
Max
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