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Thursday, September 09, 2010

MLPS RALLYING ON A QUIET DAY!


Looks like after an intial push its like watching paint dry on this Jewish Holiday. Dow was up 80 but has pulled back. Treasuries selling off with long rates up almost 10 basis points. Energy markets are down after inventory numbers. And no corporate headlines in mlp land today. Most of the moves in mlps are fractional and nothing of note except Inergy LP (NRGY) which is up 1 and some change after the stock offering earlier this week.

Will keep an eye on things this afternoon and if anything earth-shattering happens i will post.

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