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Tuesday, May 19, 2009

Holding on to gains in here and heading back toward the highs of the day at 216.82. Right now at 216.58. The tape for mlps feels like it normally does as trading normalizes. No more wholesale dumping into no bids like a few months ago.

Enbridge (EEP) leads the way up 1 and some change. Energy Transfer Partners (ETP) is another leader today up 1.

Crude trying for a 60 dollar close. Nat gas under 4 dollars again. UNG position is a little under water but not by much. Some short covering into the close of nat gas futures causing a few upticks.

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