NGL Energy Partners LP (NGL)

[jugs]

The broader market is waiting for two things, I'm fairly certain:

1. Day traders cashing out later today with their winnings.

2. The in-between period as analysts revisit and reset targets valuations.

Each of these items represents uncertainty and certainty both---

After all, resolution of either one holds things up. And the day traders definitely made money today.

So therein we have two pretty sure bets---one favoring absolute gains due the short termers while the other keeps things in abeyance pending digesting today's earnings news and working up public reports. I used to write these reports up, resulting in the issuance of newswires stating positions newly revised and/or initiated. It's a difficult process that must clear legal staff owing to earlier signing and obligations to NDA's.

We need to be patient. The air will clear soon, for sure.