OFF THE LOWS OF THE DAY!

Mlps pulled back a ouple of points on the index this morning as the overall market is a little softer. News items this morning include Magellan Midstream (MMP) rolling along with another good quarter. Magellan is down a fraction this morning. Buckeye Partners (BPL) is buying an additional interest in a pipeline. The stock is also down fractionally. UBS moving up target prices on Alliance Holdings (AHD) while cutting Nustar (NS) Nustar Holdings (NS) to neutral from buy. Nustars are both down...Alliance Holdings is up a little.

Otherwise not much else happening this morning as we watch paint dry. Crude is up nearing 82 bucks and nat gas is up as well. 10 year rates are lower this morning by a few ticks and that should support mlp prices.