MLPS are higher with the overall market after the open. The index is up about 1 point. One mlp that is not up but down 18 cents which for a stock with a 1 handle is a lot, is Constellation Energy Partners (CEP) which was once over 40 bucks. Is it year end tax selling or is it this piece of news or is it the prospect that this mlp is going bye bye? Down 18 cents at 1.86.
Stocks are higher with the dow up 80 and the S&P up nearly 13. The nasdaq is leading the way higher. The euro is now flat and the 10 year yield is down to 1.88. Is the 10 year telling us that a downgrade is coming later today?
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