Good Monday Morning even though i'm running late thanks to a double shift last night. A nice start to things this morning and note above the 10 year chart. If 10 year rates have peaked at 5.25% then it stands to reason that MLPS can continue to rally here. Falling rates and rising distributions make for a nice tail wind. The AMZ MLP index is up 1.34 to 252 and change as most MLPS are fractionally higher in here. Penn Virginia Resources, Atlas Pipeline Partners, Sunoco Logistics, Copano, Transmontaigne and Buckeye Partners are up nice fractions so far.

Speaking of Copano Energy the chart of the stock above shows that we are breakout to new 52 week highs and on volume...so far 31,600 shares have changed hands...If you are a fan of buying breakouts on charts...this one may be headed to the middle 50s before too long. Copano is at 50.37 right now up 1.21 on the day