adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Wednesday, August 20, 2008

266 went easily and we are at 266.49 now at the highs for the day and approaching a 2 point gain as energy stocks are rallying with crude. Crude was up 2..then down nearly 3...now up 2 near the close. Overall markets are mixed as Fannie and Freddie seem to be walking down the aisle together headed for the creamtion! At least as far as the equity holders are concerned.

Atlas Resource (ATN) Alliance Resource (ARLP) and Plains All American (PAA) showing 1 point plus gains.

Penn Virginia Holdings (PVG) is down nearly 2 points...no news there.

8 comments:

Anonymous said...

PAA making a nice move.

Joe slap a few charts up!!!

Anonymous said...

WAR DOJI HAMMER!!!

Anonymous said...

FYI [from this morning]
Just in case some of you wonder about DPM


Citi maintains 'Hold' rating on DCP Midstream Partners LP (NYSE: DPM), but lowers price target from $38.50 to $27.
Citi analyst says, "Despite very strong natural gas gathering and processing fundamentals, DPM reported lower than expected results for the quarter as hedging losses offset fundamentals. DPM reported adjusted EBITDA of $28.8 million or ~11% below our expectations as hedging losses showed another sequential increase to $16.3 million...In the near term we believe valuations for MLPs will reflect a changing broader yield environment. However, we expect midstream MLPs to outperform alternative yielding asset classes in the long term due to strong fundamentals and growing distribution to unit holders."

Anonymous said...

Will NS ever make a move?

joewxman said...

in other words...


blah blah blah!

These guys missed the top..and they will miss the bottom.

Anonymous said...

WPZ needs some Viagra, it just can't get it up!

Anonymous said...

The ANALysts have been wrong for over a year and they are wrong now. They should just slap a blanket BUY on the sector and come back next year.

Anonymous said...

CHARTS JOE! GIVE US SOME CHARTS!