The weight of falling ten year rates and rising energy is offsetting the sell off in stocks. The dow is down over 110 pts but the MLP index which was down 1 earlier has been sitting near unchanged for the last hour and a half. EV Partners is up 1.59 as the biggest winner on its asset purchase. Duke Midstream(DPM), Buckeye Holdings(BGH), and Martin Midstream (MMLP) all up a point or more. Eagle Rock (EROC), Terra Nitrogen (TNH) Alliance Holdings (AHGP), Teppco (TPP) and Holly Partners (HEP) all up fractionally.
Downside major fractions in Plains All American(PAA) Natural Resource (NRP) Constellation (CEP) Genesis (GEL), Enbridge Energy Partners (EEP) and Sunoco Logistics (SXL) among others.
We'll see if the market selloff accelerates and if that takes its toll on energy which is solidly higher.
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