A one point gain on the MLP index with energy stocks moving higher overall. Linn Energy getting a goose of 75 cents this morning. I'm not sure why. A headline crossed from somebody that i can't see yet. It could be an upgrade or a form 4 insider buy. Not sure but if i find out i will post. Coal mlps doing okay today. Alliance is up 1 and so is Natural Resource Partners(NRP). Penn Virginia Holdings (PVG) and Penn Virginia Resources (PVR) up fractions. Hiland Holdings (HPGP) up fractional on the Lehman target raise. Calumet (CLMT) and Constellation (CEP) are up fractionally as well.
Not too much on the losers list of note. US Shipping (USS) stopped going down and is actually up 33 cents today. Buckeye Holdings (BGH) and Markwest (MWE) showing small losses.
RBC reminds us it has an outperform rating on Targa Resources (NGLS)
Watch crude. If it sells off...big energy will sell off..and if big energy sells off...we may come off the highs of the day.
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I am eager to see AMZ break through 300, just to see what happens next.
Mr. Pipes
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