adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Monday, July 30, 2007

The MLP index is down over 4 points and has been down since the open. My usual rule is when they get around to selling us is usually at the end of a broad market sell off..we'll see if that means a solid up close today for the market overall. Meanwhile Energy Transfer Partners (ETP)is down over 3 points today. No news but over 600k shares have traded. EV Partners i(EVEP)s down nearly 2. Plains All American(PAA) Energy Transfer Equity(ETE) and Markwest Hydrocarbon(MWP) all down 1 or more. And the list of fractional losers is a mile long. Boardwalk Partners (BWP) earnings drove the stock down nearly 3 points and then it recovered back to almost even and is now down nearly 1 again.

There were lots of winners early by a point or more but almost all of them have given up the ghost. Calumet (CLMT) remains up 1 and there are a small scattering of fractional winnners.

UNG the etf for natural gas is up over 1 as nat gas rallies back to 6.50ish.

No comments: