adbrite ads

Your Ad Here
Your Ad Here

tickers

$IN

amazon

Tuesday, June 01, 2010

Looks like the end of month support is getting undone today in mlp land. That plus pressure on energy stocks in general thanks to BP and your seeing a sell off of 4 plus points on the mlp index. Kinder Morgan (KMP) Oneok (OKS) Buckeye (BPL) Alliance Resource (ARLP) and Markwest (MWE) all down 1 point or more. A couple of small mlps like Breitburn (BBEP) and Penn Virginia (PVR) showing tiny gains and giving up the ghost as the energy pressure continues.

Looks like the battle of yield attraction vs the general hatred of energy right now is being one by the latter. Doesnt look hopeful for an up close in the group today. The overall market is a little higher but not by much.

No comments: