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Wednesday, April 28, 2010

Sunoco Logisitics (SXL) dropped nearly 4 on earnings and the conference call so there must have been a little fast money in there. The stock is down 2.60 right now. TC Pipelines (TCLP) is also down over 1 on earnings. In both cases the numbers and outlook look fine. Kinder Morgan(KMP) is ex distribution by over a buck so that probably makes up much of the mlp index nearly 3 point fall as it sits around 310. The market has been up, then down on more downgrades by S&P of nations like Spain and so on..and now back up again with the dow up 50. The fed looms at 2:15pm

Alliance Resource Partners (ARLP) and Alliance Resource Holdings (AHGP) continue to roll higher with 60 cent gains and are the biggest winners along with EV Partners (EVEP) and Holly Partners (HEP).

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