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Monday, June 23, 2008

Here is a breaking headling from Magellan Midstream (MMP,MGG) which is raising guidance for the rest of the year. Not a bad thing!

Oil weakening, dollar stronger, stocks stronger as of this post.

4 comments:

Anonymous said...

Joe,

What is your latest technical take on CEP?

PanHandler

Anonymous said...

Does anyone out there follow GLP and if so, why the selloff the last few months?

Anonymous said...

ARLP and AHGP are practically trading at the same yield!!! Has anyone seen anything like this before?

joewxman said...

Constellation's chart (CEP)continues to look good to me and the closes here above 22 are very encouraging.They need to increase the distribution this quarter in order to take this stock higher from here. Or at least if not this quarter indicate when the distribution increases will resume.

all in my never to be humble opinion of course!