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Wednesday, December 23, 2009

ROLLING ALONG IN RALLYLAND!






First off sorry about no posts yesterday as i had another work day. But it was just another rally day in the land of MLPS as we continue to march along to higher highs and i guess 300 is the next important level to challenge on the MLP index. There seems to be a rush to get in to anything high yield and even the single digit mlps are getting into the act. Atlas Holdings (AHD) got a Citigroup upgrade and the stock price jumped 40% from 5 to 7 yesterday. It shouldnt be any different today as stock futures ahead of the open are higher and everything looks supportive so far. Crude is up, nat gas is down ahead of the open.

I will add to this post as headlines break.

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