Okay kids its getting ugly out there in a hurry down 3 plus points on the MLP index. Calumet (CLMT) is up 55 cents and over 15 bucks again. Nustar (NS) and Oneok (OKS) are up pennies...and thats about it. Coal MLPS getting slammed again with 1 point plus losses. Everything else is down fractions to a point.
Its a trip to the bottom of the base...and its happening in a hurry.
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The overall market is just a slaughter today. Anything commodity, energy or infrastructure related is getting killed.
Why the f*ck did TPP do a secondary today?
The entire financial market structure of the United States seems to be a big fraud.
Every day we read about some new probe taking place. Today the CFTC is launching an investigation into oil supply data being manipulated by traders.
Yesterday we had two brokers at Credit Suisse being charged with "misleading" investors.
How are individuals suppossed to make investing descisions when the entire system is broken?
what is the excuse for the selloff today? energy prices, forced liquidations, hedge fund blow ups, employment data, inflation data, CPI, PPI, etc.etc.
we are just in bear market hell and with no captain the ship is sinking fast.
politicians too busy sniping at each other to tackle the real problems.
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