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Wednesday, September 21, 2011

Coal MLPS are taking it on the chin today with Alliance Resource (ARLP) down 1.65 and Natural Resource Partners (NRP) down 70 cents on Alpha Natural Resources (ANR) points to lower shipments and demand for coal in general which is killing coal stocks today. Otherwise the index is down all of 0.15 ahead of the fed with a split list of fractional movers. EV Partners (EVEP) is up 1 and change getting back some of what it lost yesterday as it sits just under 75.

Overall tape has been weaking and watch Goldman Sachs as it looks like it might break under 100 which i think might send stocks even lower. And of course the fed at 2:15pm.

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