52 WEEK HIGHS!
NUSTAR!

Nustar is on a tear as it adds another 1.25 and touches 57. It puts the stock on the new highs list and its only 3 or so points away from all time highs (adjusted for distributions) at around 60. Buyers who jumped in at the panic low of 32 or so are dancing in the streets right now. And longer term holders who went to sleep last summer only to wake up now might be wondering what all the noise was about.

Another 1 point gain on the mlp index as we break above 232. Some mlps that have done well lately like TC Pipelines (TCLP) Holly Partners (HEP) and Inergy Holdings (NRGP) are taking a breather today while Calumet (CLMT) Alliance Resource (ARLP) and Kinder Morgan Partners (KMP) are up strong fractions.

Looks like we're consolidating nicely yesterday's breakout gains. I like the expotential moving averages rather than the simple moving averages which means the S&P 500 is touching it today. The MLP index is above its 200 day decisively.