MLPS ran up sharply this morning.The index climbed over 3 points and while its pulled back a bit it is sitting over the 330 level up 2.70 on the day so far. Plains All American (PAA), Nustar (NS) Duke Midstream (DPM) and Magellan Midstream (DPM) are all up 1 or more. Lots of strong fractional gainers like both Energy Transfers (ETP)(ETE), Buckeye (BPL),Global Partners (GLP),both Hilands (HPGP,HLND)...the former is at a 52 week high. It just seems to me that midstream MLPS have solid support after the GE purchase of Regency (RGNC).

Alliance Resource (ARLP) is down 1, Fractional losers in Martin Midstream (MMLP), Williams Partners (WPZ), Inergy Holdings (NRGP) and a few others.

As long as the market holds up this afternoon we should add to these morning gains.