NGL Energy Partners LP (NGL)

[jugs]

Earlier this morning I realized I'd neglected to add another piece to the NGL puzzle when speaking of day trading activity:

If day traders are responsible for a meaningful portion of the momentum attached to NGL, then it follows that when traders believe opportunity has ebbed and momentum is waning, and it stands to reason they will depart for brighter horizons.

I'm not certain this is the current NGL situation but I'd sure bet a bit on it!

Meanwhile, we're on the lookout for rising momentum coupled with increasing unit volume. Only this combination will expose an increasing demand factor we all want to see. We're in line for a hefty allowance very soon. That 12.5% yield is going to be looking awfully sweet in my opinion...and brokerage account.

Happy hunting!