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Tuesday, March 15, 2011

Off the lows of the day which were down around minus 13 or so after the open. The bounce took us back to minus 6 and now minus 7. Large losses in the all the big cap names like Enterprise (EPD) down 1.63 and the biggest weight in the mlp index. Suburban Propane (SPH) is down 2 and change and Ferrellgas(FGP) is down 2 on its stock offering. Both Holly Partners (HEP) and Buckeye (BPL) are down 1.75 apiece. The mlp index is being rebalanced and that could be causing a few distortions but for the most part its all down.

The fed has come and gone and done nothing. Stocks and yields are coming off their lows.

5 comments:

Unknown said...

EPD IS HALTED
ANY NEWS

joewxman said...

stock is up this morning in pre market trading. dont see any news.

Unknown said...

i trade with scottrade. there is an H* indicated on scottreadeelite on my screen, it could be an error. I don't know.
thanks for the getting back to me.
Lo

joewxman said...

no halt on schwab. 39.40 x 39.75

Unknown said...

ok, thanks for that info
Lou