SOFT HEADING INTO A WEEKEND!

Decided to take a day off yesterday even though most markets were open. Stocks opened down about 100 yesterday and sort of stayed there most of the day. MLPS were lower but not by much. Energy stocks in fact were higher yesterday thanks to rising oil. But this morning the tape shows us crude down 1.60 and the dollar a little higher so markets are weaker pre open. MLPS continue to show good strength and i guess it all is tied to rates and what they do. The longest end of the yield curve is seeing rates at 6 month highs. The 10 year is still under 3 so from that stand point there is only a minimal amount of headwind coming from that direction.

No corporate news this morning and no upgrades or downgrades. Atlas Pipeline Holdings (AHD) is up 50% this week and is the week's big winner. Wound not be surprised to see a little pullback there. Not much else happening on this day before the weekend.