So if you can't buy financials because the world is coming to an end...and you can't buy Amazon which is down 15 points on earnings...well MLPS look good to somebody. The index is up .25 in the face of a market selloff. Tape looking defensive today so we're getting attention. Legacy Partners (LGCY) leads the way up over 1 dollar. And Sunoco Logistics (SXL) also up 1 as is Atlas Pipeline (APL). Oneok LP (OKS) Targa Resources (NGLS) Copano (CPNO) and DCP Midstream (DPM) are down solid fractions as the biggest losers.

Encouraging so far today in the face of a terrible tape.