The MLP index is lower after running up nearly a point and a half. It is down by just over half a point and is sitting near 327. Still only 2 mlps have losses more than the index itself so its just a lot of small moves in either direction of the flat line. Nothing is driving the group today so it seems to be feeding of the slight weakness in most energy stocks. Its that boring time of year as summer settles in. Nustar Holdings (NSH) is the biggest winner at +.70 while Nustar (NS) itself is down by about the same amount.
On the watch this afternoon...looks like the broad market is rallying and that may spread out into MLPS after lunch.
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