Nustar (NS) down 2.50 and Energy Transfer Partners (ETP) down pretty much make up the bulk of the mlp index's 1.50 pt loss right now. Small fractional moves are the character of the moves today. All this while the overall market continues to digest yesterday's 200 pt gain. Markwest Energy (MWE) is down 1.40 on earnings which might have been a touch light. Martin Midstream (MMLP) and Magellan (MMP) are up over 50 cents each as the 2 biggest gainers.

CNBC pushing the sucker's rally meme' which frankly is boring and repetative. Debate the obvious question and waste more time. Watch it with the volume turned down after Squawk Box is done at 9am.