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Thursday, February 02, 2006

There seems to be a trend where stocks with good earnings don't move much and even sell off a bit...Sunoco Logisitics (SXL) Pacific Energy (PSX) and Enbridge (ENB) all fit the mold today as each put out good numbers and good outlooks but all three are down...albeit not by much. They may tend to move higher however after a day or so of digestion.

Otherwise not much going on this morning. Penn Virginia (PVR) +1.39 for you coal lovers. Global Partners is up a solid fraction...Otherwise its mostly noise trading.

Natural gas numbers were as expected....look for much colder weather to overspread the United States after this weekend...should put some upside support under prices.

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