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a blog dedicated to the discussion of MASTER LIMITED PARTNERSHIPS and the day to day news related to the group...along with perhaps a few other things...as long as the conversation is kept civil. Although i have no problem telling you what i am doing regarding my trades...PLEASE DON'T ASK ME WHAT YOU SHOULD DO REGARDING WHETHER TO BUY, SELL OR SHORT!!! i am not in the stock business.
6 comments:
QELP up 9% today!
If I understand the press reports correctly (and I may not), NS actually missed but raised its dividend by about 7%. As a result the unit price is up.
Bruce
Here we go again...Dow -150 and MLP's sliding down with it...
Usually if mlps blow the earnings estimate it has little impact. Distributable cash flow and distriubtion increases are the important drivers.
as to the dow dropping..tail wagging the dog.
The intraday volatility of MLP's lately is just absurd. There is no real news driving the sector, yes we have distribution increases, yet we are experiencing 5%+ daily swings. Its mind numbing.
When the Bloomberg report came out of a computor snafu ( shutting down bith stock and options trading )on the AMEX, the Dow was down about 190 points.
Within 20 -30 minutes the Dow rallied about 100 points to -90 or so. Could it be that with DIA and SPY not being shorted, that took some pressure off the indicies.
JF50
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