ANOTHER SNOWFALL TO DIG OUT OF,
NAT GAS BREAKS OUT!
MLPS BOUNCE...FOR NOW!

Sorry for the quiet today folks but its been busy here with another snowfall. 4 inches this time which is not bad but it keep me as busy as 15 inches. Just a quick synopsis. The market took off this morning from the get-go but since that first half hour its been struggling and the tape feels a bit soft. You don't often get full reversals on a Friday so if we do see one in the last 2 hours it might be an important technical signal to pay attention to. Nat gas has broken out and we have favorable cold weather as far as the eye can see. MLPS are up about 2 points on the index as we get back some of yesterday's 6 point loss. Sunoco Logistics (SXL) and Cheniere (CQP) are the big winners today up 1 point apiece. No notable losers to speak of. Most on the losing list down small fractions.

Another storm is threatening for Tuesday of next week. UGH!