PPDT - PP-XLF = 16.39 - 1/06 Thursday

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.


XLF PP=16.39
MP=16.49 R1=16.58 MP=16.64 R2=16.69 MP=16.84 R3=16.99 MP=17.14 R4=17.29
MP=16.34 S1=16.28 MP=16.19 S2=16.09 MP=15.94 S3=15.79 MP=15.64 S4=15.49
O=16.22 H=16.5 L=16.2 C=16.47

FAS PP=29.74
MP=30.18 R1=30.62 MP=30.88 R2=31.13 MP=31.82 R3=32.52 MP=33.21 R4=33.91
MP=29.49 S1=29.23 MP=28.79 S2=28.35 MP=27.65 S3=26.96 MP=26.26 S4=25.57
O=28.92 H=30.24 L=28.85 C=30.12

FAZ PP=8.81
MP=8.89 R1=8.96 MP=9.10 R2=9.23 MP=9.44 R3=9.65 MP=9.86 R4=10.07
MP=8.68 S1=8.54 MP=8.47 S2=8.39 MP=8.18 S3=7.97 MP=7.76 S4=7.55
O=9.05 H=9.07 L=8.65 C=8.7

SPY PP=127.27
MP=127.68 R1=128.09 MP=128.31 R2=128.53 MP=129.16 R3=129.79 MP=130.42 R4=131.05
MP=127.05 S1=126.83 MP=126.42 S2=126.01 MP=125.38 S3=124.75 MP=124.12 S4=123.49
O=126.58 H=127.72 L=126.46 C=127.64

SPG PP=98.22
MP=98.49 R1=98.75 MP=99.00 R2=99.24 MP=99.75 R3=100.26 MP=100.77 R4=101.28
MP=97.98 S1=97.73 MP=97.47 S2=97.20 MP=96.69 S3=96.18 MP=95.67 S4=95.16
O=97.7 H=98.72 L=97.7 C=98.25

GS PP=173.50
MP=174.25 R1=174.99 MP=175.49 R2=175.99 MP=177.23 R3=178.48 MP=179.72 R4=180.97
MP=173.00 S1=172.50 MP=171.76 S2=171.01 MP=169.76 S3=168.52 MP=167.27 S4=166.03
O=172.05 H=174.49 L=172 C=174

JPM PP=44.52
MP=44.83 R1=45.13 MP=45.35 R2=45.57 MP=46.09 R3=46.62 MP=47.14 R4=47.67
MP=44.30 S1=44.08 MP=43.78 S2=43.47 MP=42.94 S3=42.42 MP=41.89 S4=41.37
O=43.92 H=44.95 L=43.9 C=44.7

MS PP=28.65
MP=28.83 R1=29.01 MP=29.10 R2=29.18 MP=29.45 R3=29.71 MP=29.98 R4=30.24
MP=28.57 S1=28.48 MP=28.30 S2=28.12 MP=27.86 S3=27.59 MP=27.33 S4=27.06
O=28.36 H=28.83 L=28.3 C=28.83

C PP=4.95
MP=4.99 R1=5.02 MP=5.05 R2=5.07 MP=5.13 R3=5.19 MP=5.25 R4=5.31
MP=4.93 S1=4.90 MP=4.87 S2=4.83 MP=4.77 S3=4.71 MP=4.65 S4=4.59
O=4.88 H=5 L=4.88 C=4.97

VIX PP=17.28
MP=17.49 R1=17.69 MP=18.03 R2=18.37 MP=18.91 R3=19.46 MP=20.00 R4=20.55
MP=16.94 S1=16.60 MP=16.40 S2=16.19 MP=15.64 S3=15.10 MP=14.55 S4=14.01
O=17.81 H=17.95 L=16.86 C=17.02

UUP PP=23.11
MP=23.13 R1=23.15 MP=23.18 R2=23.20 MP=23.24 R3=23.29 MP=23.33 R4=23.38
MP=23.09 S1=23.06 MP=23.04 S2=23.02 MP=22.97 S3=22.93 MP=22.88 S4=22.84
O=23.13 H=23.15 L=23.06 C=23.11

FROM: www.econoday.com

Economic Events & Analysis - 1/06/2011 Thursday


Chain Store Sales

6:00 AM ET Monster Employment Index
8:30 AM ET Jobless Claims
9:00 AM ET 3-Yr Note Announcement
9:00 AM ET 10-Yr Note Announcement
9:00 AM ET 30-Yr Bond Announcement
10:30 AM ET EIA Natural Gas Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill Announcement
11:00 AM ET 52-Week Bill Announcement
3:00 PM ET Treasury STRIPS
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply


Additional World wide Economic Calendar information can be found at the following website.
worldeconomiccalendar.com/

NOTE:
The previous days OHLC data for todays PPDT was gathered from finance.yahoo.com for each individual stock by a series of webquerys built into a spreadsheet.
The formulas used by the www.mypivots.com website to create the Pivot Points were found in the sites help files.
The formulas were built into the spreadsheet which acts on the previous days OHLC data gathered from Yahoo.
The Pivot Points were created using the formulas from www.mypivots.com but NOT by using the site.
Please let me know if you find any errors in the data.
Use of this data is at your own risk.

[ask2lern]

Thanks Krypto........................

Morning Gang!! here are the pivots……….…hope everyone has a great day ……GLTA



GOLD

R3 1409.77
R2 1392.07
R1 1385.83

PP 1374.37

S1 1368.13
S2 1356.67
S3 1338.97


SILVER

R3 30.87
R2 29.98
R1 26.93

PP 29.09

S1 28.74
S2 28.20
S3 27.31


IWM

R3 81.44
R2 80.19
R1 79.76

PP 78.94

S1 78.51
S2 77.69
S3 76.44



TNA

R3 81.24
R2 77.77
R1 76.60

PP 74.30

S1 73.13
S2 70.83
S3 67.36


TZA

R3 16.63
R2 15.89
R1 15.41

PP 15.15

S1 14.67
S2 14.41
S3 13.67


SDS

R3 24.16
R2 23.69
R1 23.40

PP 23.22

S1 22.93
S2 22.75
S3 22.28

………………………..GLTA

[ask2lern]

From www.optionmonster.com ..............................GLTA

NDX, SPX barely edge resistance
January 6, 2011 Thu 12:03 AM CT


The Nasdaq 100 edged resistance by a bit more than 2 points and the S&P 500 by a just a fraction. The Russell 2000 came back up to the top of its range but did not break out, so it will not get new levels today.

Given that the Nasdaq 100 and the S&P 500 passed resistance only barely, I am going to leave their upside levels unchanged. In the event of further gains tomorrow, the following would become new resistance levels: 2307.27 for the Nasdaq 100 and 1280.68 for the S&P 500.

Nasdaq 100 (NDX)
First support is at 2239.23, the 2007 peak. First resistance is at 2268.30.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $54.21. First resistance is at $55.69.

S&P 500 (SPX)
First support is at 1268.66. First resistance is at 1276.17.

For the Standard & Poor's Depository Receipts (SPY) first support is at $126.71. First resistance is at $127.60.

Russell 2000 (RUT)
First support is at 770.51. First resistance is at 799.57.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $77.21. First resistance is at $79.84.

By: Bryan McCormick

[ask2lern]

From www.optionmonster.com ..............................GLTA

Job data, retail sales on calendar
January 6, 2011 Thu 12:01 AM CT

The economic calendar is relatively brief today but has two very important reports.

The first is Chain Store Sales, also known as same store sales, which will be released by companies individually on no fixed timetable. They do tend to begin very early in the pre-market and can run right up to the market open.
The Retail Sales HOLDRS and S&P Retail SPDR exchange-traded funds may be active on the results of these reports, as well as the individual names involved. Price swings tend to be extreme, as there are generally very large winners and losers in the mix.

The Monster Employment Index will be released at 6 a.m. ET. There is no forecast available for this report, but last month's reading was 136. The peak value in 2010 was 141 back in June.

A reading higher than 136 or especially 141 would be bullish, while a number in the low 130s or lower would be bearish. Many traders see this report, which tracks online help wanted ads, as a leading indicator of future employment trends.

The last report of the day will be Jobless Claims at 8:30 a.m. ET. The consensus estimate calls for initial claims to have risen to 400,000 over last week's 388,000. The range of forecasts is extremely wide and skewed toward the low end, from a very bullish 360,000 to a moderately bearish 415,000.


By: Bryan McCormick

[ask2lern]

From twitter.............................I like it......................GLTA

IBDinvestors Tim Reazor
I think this is one of the best economic calendars; you simply click on an event & it tells you why you should care - ow.ly/3yJ2X $$
2 minutes ago Favorite Retweet Reply

[ask2lern]

EU Ecomomic data today...................................GL

Europe: 7:00am EST

•DAX up 1.1%
•FTSE up 0.68%
•UK Service PMI 49.7 vs exp 52.90 vs. 52 last month – Miss
•Europe Retail Sales -0.8% vs exp 0.30% vs 0% last month – miss
•Germany Factory Orders (MoM) 5.2% vs. 1.1% exp vs. 1.6% – Big surprise

[abdogman]

Good Morning Gang.....Kryptos and Ask thx for the nmbrs and info ....GLTA!! back for the open!

[abdogman]

0830EDT BRiefing . com

Initial Claims 409K vs 405K consensus, prior revised to 391K from 388K

[abdogman]

0830EDT Briefing . com

Continuing Claims falls to 4.103 mln from 4.150 mln

[abdogman]

xlf on 1m 16.47

[abdogman]

macd neg on 1m iyr drn xlf fas

xlf 16.46
fas 30.14

iyr 55.95
drn 56.689

on 1m

[ask2lern]

From stocktwits.........................GL

sentimentrader
When $SPY closed January Payroll report week with a gain, here are next 2 week returns: -1.3%, -3.1%, -3.8%, -8.5%, +3.1%, -1.6%, -4.2%.$$

[abdogman]

xlf 16.42
fas 29.91

iyr 55.85
drn 56.458

on 1m

[ask2lern]

From twitter...................GL

JamieSaettele Jamie Saettele
eurusd has hit trendline support

[ask2lern]

Ok gotta run for now but here are the current SPY #'s I have but not trading them......................... R 127.93 PP 127.70 S 127.41


.........................Probably be back later......................GL

[abdogman]

macd on 1m xlf fas is + now
macd on 1m iyr is also + and drn following

xlf 16.48
fas 30.22

iyr 56.03
drn 56.92

on 1m

[deadmoney95]

Good morning everybody.

Carl F:

March S&P E-mini Futures: Today's range estimate is 12652-1278. I think a top building process is underway and will be followed by a drop of 50 points. Once it is complete the market will resume its advance to 1300.

Caldaro:

For the day (Wednesday) the SPX/DOW were +0.40%, and the NDX/NAZ were +0.80%. Bonds lost 31 ticks, Crude gained 95 cents, Gold slid $2.00, and the USD was higher. Support for the SPX remains at 1261 and then 1240, with resistance at 1291 and then 1303. Short term momentum went from oversold yesterday to overbought today. Tomorrow, weekly Jobless claims at 8:30. Remember the Payrolls report is on friday.

The market took the pressure off our short term count today, when it held above SPX 1263 and rallied to new uptrend highs. Today’s activity suggests Minute wave three, of Minor 3, of Intermediate five, of Major 1 is still underway. Yesterday’s pullback, even though somewhat of a surprise, did not violate the short term wave count. The OEW short term charts remained positive and Minute wave three is still advancing from the SPX 1254 low at the end of December. Yesterday’s price analysis continues to apply going forward. Best to your trading!

[cosmic]

Super artificially low TRIN and Red TICK again.

So buy, right?

[abdogman]

macd on 1m iyr just gong neg and drn following

macd on 1m xlf fas at 0/0 moving to neg

xlf 16.46
fas 30.11

iyr 55.91
drn 56.51

on 1m

[abdogman]

Jan 6, 2011 9:58:44 GMT -5 cosmic said:

Super artificially low TRIN and Red TICK again.

So buy, right?

[abdogman]

Watch the Euro 1.3092 on 1m

[abdogman]

BB's narrowing on 1m xlf fas
macd on 1m xlf fas iyr drn on neg side of 0/0

[cosmic]

Action is similar to what I thought about yesterday -
Market will tend to head downward - slowly. Puts will be useless as protection, ONLY selling calls will work. Puts are almost at the point where theta eats them faster than they can gain - i.e. low momentum selloffs. The machines are scalping the puts but investing in the short calls. Watch the action - you'll see it.

[abdogman]

xlf 16.44
fas 30;06

iyr 55.85
drn 56.26

on 1m

[cosmic]

The power of BIDU and AAPL are keeping the Nas mostly alive. Sad when 2 stocks are most of the index.

[cosmic]

There was the move back up in the indexes, clobbering the puts again. Watch for another slow pullback, and then similar surges.

[actuarynomore]

Jan 6, 2011 7:38:14 GMT -5 ask2lern said:

From twitter.............................I like it......................GLTA

IBDinvestors Tim Reazor
I think this is one of the best economic calendars; you simply click on an event & it tells you why you should care - ow.ly/3yJ2X $$
2 minutes ago Favorite Retweet Reply

Thanks a2l - Great site and Karma to you!!!

[abdogman]

eur/usd on 1m still moving down slowly

macd on 1m iyr drn is +
macd on 1m xlf fas is just +

xlf 16.45
fas 30.09

iyr 55.95
drn 56.48

on 1m

[cosmic]

And GOOG - forgot the GOOG

[brosin]

Good morning all, thanks for the info!!