Linn Energy (LINE) leads the way up nearly 5 dollars on its deal this morning. Oneok LP (OKS) is up over 1 as is Global Partners (GLP) and Constellation Partners (CEP). Buckeye Partners (BPL) is up nearly 1 on the Goldman Upgrade. The MLP index is up 2 and change and sits just under new all time highs. Lots of fractional gains on the board as well.
Some of last quarters bigger winners are down this morning like Buckeye Holdings (BGH) down 1.60 after hitting 33 on Friday. Duke Midstream (DPM) another big winner last quarter is down nearly 1 as is Hiland GP(HPGP). Not many other losers on the list and most on there are down 50 cents or less.
One side note for traders. The natural gas contract trades on the nyse under the symbol UNG. Natural gas is down 20 cents this morning and this unit is down about 8 bucks in the last few weeks as nat gas has sold off. If today is some sort of climatic bottom in nat gas this may be a pure way to play it. It is speculative in nature so be careful. For a very short term trade i have taken a position in this today as it is down nearly 2 bucks but now off its low. Hoping this could rally back quickly from 42 to 44 or 45. No guarantees!!!!
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