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Post by kryptos2009 on Mar 4, 2010 0:14:51 GMT -5
Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. FROM: www.allpivotpoints.comXLF PP=14.80 R1=14.86 R2=14.95 R3=15.01 S1=14.71 S2=14.65 S3=14.56 O=14.79 H=14.89 L=14.74 C=14.78 SPY PP=112.43 R1=112.84 R2=113.38 R3=113.79 S1=111.89 S2=111.48 S3=110.94 O=112.49 H=112.97 L=112.02 C=112.3 SPG PP=77.55 R1=77.97 R2=78.48 R3=78.9 S1=77.04 S2=76.62 S3=76.11 O=77.94 H=78.06 L=77.13 C=77.46 GS PP=158.13 R1=159.03 R2=160.35 R3=161.25 S1=156.81 S2=155.91 S3=154.59 O=159.04 H=159.45 L=157.23 C=157.72 JPM PP=41.64 R1=41.94 R2=42.36 R3=42.66 S1=41.22 S2=40.92 S3=40.5 O=41.65 H=42.06 L=41.34 C=41.53 MS PP=28.48 R1=28.68 R2=29.04 R3=29.24 S1=28.12 S2=27.92 S3=27.56 O=28.64 H=28.85 L=28.29 C=28.32 C PP=3.4 R1=3.42 R2=3.44 R3=3.46 S1=3.38 S2=3.36 S3=3.34 O=3.41 H=3.43 L=3.39 C=3.4 VIX PP=18.85 R1=19.28 R2=19.73 R3=20.16 S1=18.4 S2=17.97 S3=17.52 O=18.95 H=19.3 L=18.42 C=18.83 FROM: www.mypivots.comUUP PP=23.53 R1=23.6 R2=23.7 R3=23.87 S1=23.43 S2=23.36 S3=23.19 O=23.6 H=23.62 L=23.45 C=23.51 FAS PP=76.39 MP=77.59 R1=78.78 MP=79.85 R2=80.91 MP=83.17 R3=85.43 MP=75.33 S1=74.26 MP=73.07 S2=71.87 MP=69.61 S3=67.35 O=77.03 H=78.52 L=74 C=76.65 FAZ PP=17.2 MP=17.36 R1=17.51 MP=17.62 R2=17.73 MP=17.99 R3=18.26 MP=17.09 S1=16.98 MP=16.83 S2=16.67 MP=16.40 S3=16.14 O=17.22 H=17.41 L=16.88 C=17.3 FROM: www.econoday.com(All the major sites get the data from this site) Economic Events & Analysis - 3/4/2010 Chain Store Sales 6:00 AM ET Monster Employment Index 7:00 AM ET BOE Announcement 7:45 AM ET ECB Announcement 8:30 AM ET Jobless Claims 8:30 AM ET Productivity and Costs 9:00 AM ET RBC CASH Index 10:00 AM ET Factory Orders 10:00 AM ET Pending Home Sales Index 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 11:00 AM ET 3-Yr Note Announcement 11:00 AM ET 10-Yr Note Announcement 11:00 AM ET 30-Yr Bond Announcement 1:00 PM ET Charles Evans Speaks 3:00 PM ET Treasury STRIPS 4:30 PM ET Money Supply Please feel free to suggest any improvements or additions you would like to see included in this thread. GLTA
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Post by ask2lern on Mar 4, 2010 7:39:35 GMT -5
Hi Gang………………….here is your gold pivots…………
R4 1175.80 Mid Point 1169.90 R3 1164.00 Mid point 1158.10 R2 1152.20 Mid point 1146.40 R1 1146.40
PP 1140.40
Mid point 1137.50 S1 1134.60 Mid point 1131.60 S2 1128.60 Mid point 1122.70 S3 1116.80 Mid point 1110.90 S4 1105.00
Also including Silver………………as I have said many times that silver is a better % play……..yesterday gold rose .45% silver rose 1.54% (3 times better)…….I posted last month that there is very strong support at 14.80……..many expect a commodity led rally and silver will participate if that is the case………..
Silver Pivot points
R4 18.52 Mid Point 18.30 R3 18.07 Mid point 17.85 R2 17.62 Mid point 17.52 R1 17.30
PP 17.17
Mid point 17.07 S1 16.97 Mid point 16.85 S2 16.72 Mid point 16.50 S3 16.27 Mid point 16.05 R4 15.82
These pivots are based upon spot prices not GLD or SLV ETF's............GLTA
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Mikey
Broker/Dealer
Posts: 581
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Post by Mikey on Mar 4, 2010 8:19:57 GMT -5
Ask/Kryptos thanks for the marks as always - exalt
Ask, I like that you added the gold pivots below Kryptos, that's very cool because I usually print his pivots for watching throughout the day and yours will come up right below. I've seen you wonder if anyone uses your pivots and analysis - I definitely do, I'm a big fan!! Hope you keep it rolling, I appreciate it!
Have a good day everyone I'll check in later.
Just posted a lengthy analysis on US Steel as a separate thread, drew a bunch of lines on a freestockchart, it's pretty thorough, check it out if you have a few minutes...would love to hear your thoughts.
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Post by abdogman on Mar 4, 2010 9:05:51 GMT -5
Good Morning gang Kryptos thx for nmbrs A2L thx for gold and silver pivots Mikey have a good day and ....GLTA
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Post by merrillstanley on Mar 4, 2010 9:35:04 GMT -5
Good Morning, Here is your Merrill Morning Minute: FAS bias this morning, Volume was off on average 10% yesterday across the boards. Tute participation ratings still stuck on “E” Yet we’re in a confirmed uptrend. I get extremely cautious when we trade forward on light volume. With that being said, late day volume and dojis popping up cloud the picture. Continue to scalp early and often, walk away with lower gains than get caught in a reverse. I’m sticking with the technical’s here on the upside. GLTA
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Post by merrillstanley on Mar 4, 2010 9:41:20 GMT -5
Stock futures have gradually made their way up from overnight lows so that they now point to a slightly higher start for the session. The latest leg of the move has come even though the dollar has gained ground against competing currencies, such that the Dollar Index is now up 0.3% to a fresh morning high. The greenback's gain has come primarily at the cost of the yen and the euro. The euro has been unable to garner support in the wake of the decision by the European Central Bank to keep its target lending rate unchanged, as expected. The Bank of England also left its target rate unchanged, as expected, and kept its quantitative easing program unchanged. Retailers have been releasing their latest monthly same-store sales results, most of which have exceeded expectations. As for data, weekly jobless claims were in-line with the consensus and the final fourth quarter productivity reading topped what had been widely forecast. Pending home sales figures and factory orders are still to come at 10:00 AM ET.
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Post by ask2lern on Mar 4, 2010 9:58:10 GMT -5
SPY RANGE Today 112.40-112.75................lets see what the data brings.......vix pretty docile.........sure miss the experts...........GL
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Post by merrillstanley on Mar 4, 2010 9:58:29 GMT -5
In the first few minutes of trade the Dow and the S&P 500 have made their way up to a modest gain, but the Nasdaq Composite has held back a bit as large-cap tech plays like Apple (AAPL 209.31, -0.02), Microsoft (MSFT 28.42, -0.04), and Cisco (CSCO 24.80, -0.04) lag.
Meanwhile, retailers (+0.9%) are outperforming the broader market, thanks to a raft of better-than-expected same-store sales results for February. Abercrombie & Fitch (ANF 39.65, +3.41) is one of the best performers in the group, thanks to a surprise 5.0% increase in monthly comparables. Aeropostale (ARO 37.06, +1.85) is also up solidly; in addition to the company's 7.0% increase in monthly comparables, its shares will undergo a 3-for-2 split, effective March 5, 2010. DJ30 +39.52 NASDAQ +4.20 SP500 +3.33 NASDAQ Adv/Vol/Dec 1309/200 mln/865 NYSE Adv/Vol/Dec 1745/82 mln/894
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Post by merrillstanley on Mar 4, 2010 10:01:27 GMT -5
Existing home sales falls, but come on, its the winter...be prepared for slight panic selling
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Post by merrillstanley on Mar 4, 2010 10:02:02 GMT -5
Jan Factory orders up sa expected, most likey offset homes data
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Post by triggerhappy on Mar 4, 2010 10:09:03 GMT -5
TICK -711
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Post by merrillstanley on Mar 4, 2010 10:11:40 GMT -5
A:D 1.5:1 B:G 25:1, not good at all
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Post by merrillstanley on Mar 4, 2010 10:20:28 GMT -5
S&P 500 testing initial resistance of interest at 1123 (SPY) : Yesterday's high is at 1125 with the next levels above at 1128 and the 1130/1131 area.
Convergys trading halted - news pending (CVG) 12.10 -0.50 :
DJ Broker Dealer displaying relative strength in recent trade, probing yesterday's high at 27.40 (IAI) 27.40 +0.26 : GS +2.1%, NYX +2.3%, ICE +1.4%, MS +2.1%, NDAQ +1%, AMP +1%, SCHW +1.2%.
Opening Point Gainers/Losers (TECHX) : Point Gainers: VMI (+6.13), ZUMZ (+4.33), SXCI (+4.61), ANF (+3.45), MIDD (+3.41), GS (+3.27), TRH (+2.70), FDO (+2.28), PETM (+2.28), CNAM (+2.02)
Point Losers: MR (-1.74), CIEN (-1.35), TM (-1.44), CMTL (-1.27), BUD (-1.27), AVY (-1.09), BYI (-1.06), WTFC (-0.97), INOD (-0.76)
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Post by elle on Mar 4, 2010 10:20:55 GMT -5
Mornin'
Jes sittin here watching TSO (short), STBC (long) - not much else except stoopid DDSS. Looking for a retail short. Don't see anything else I want to take right now.
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Post by triggerhappy on Mar 4, 2010 10:21:22 GMT -5
Here comes the big flush?
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Post by elle on Mar 4, 2010 10:21:45 GMT -5
IWM negative
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Post by merrillstanley on Mar 4, 2010 10:24:15 GMT -5
Stocks have pulled back from morning highs in the wake of the latest economic news. Modest, broad-based gains remain, though.
Pending home sales for January dropped 7.6% month-over-month in a surprise decline -- the consensus called for a 1.0% monthly increase. Despite the monthly decline, pending home sales for January were up 8.8% year-over-year.
Meanwhile, factory orders increased 1.7% in January. A similar increase of 1.8% had been expected. DJ30 +39.45 NASDAQ +5.23 SP500 +4.19 NASDAQ Adv/Vol/Dec 1317/318 mln/967 NYSE Adv/Vol/Dec 1752/120 mln/960
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Post by deadmoney95 on Mar 4, 2010 10:29:41 GMT -5
Carl F has today's range estimate again at 1116-1130.
He went long this morning one unit at 1119.50
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Post by triggerhappy on Mar 4, 2010 10:30:13 GMT -5
Here comes the big flush? Guess not. Building a little base here.
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Post by elle on Mar 4, 2010 10:32:16 GMT -5
have small SRS position and liking the setup on hourly if holds the 20, just don't trust the bad numbers because SPG usually comes to rescue, so going to add only if can break out above 7.23
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Post by elle on Mar 4, 2010 10:33:42 GMT -5
Carl F has today's range estimate again at 1116-1130. He went long this morning one unit at 1119.50 If you follow Carl, let us know when he sells. Uka updates on his position has been very helpful. Holy Smokes, Dr Doom on CNBC
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Post by triggerhappy on Mar 4, 2010 10:34:07 GMT -5
Here comes the big flush? Guess not. Building a little base here. There's the flush I was waiting for. TICK -804
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Post by merrillstanley on Mar 4, 2010 10:37:46 GMT -5
Dr. Doom, good 1 elle.
taking a VXX position here, keeping ADRs and a few stragglers here
Trigger, thx for the ticks
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Post by merrillstanley on Mar 4, 2010 10:38:57 GMT -5
internals are waning
A:D .8:1
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Post by merrillstanley on Mar 4, 2010 10:40:43 GMT -5
surprisingly still seeing lite accum in S&P, XLF
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Post by merrillstanley on Mar 4, 2010 10:41:35 GMT -5
mikey you short HOV in the 4.1X's?
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Post by triggerhappy on Mar 4, 2010 10:42:49 GMT -5
Thank you, Merrill, for your commentary. HUGELY insightful!
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Post by abdogman on Mar 4, 2010 10:48:26 GMT -5
DMONEY thx for Carl report i reiterate what what elle said plus the exalt
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Post by ask2lern on Mar 4, 2010 10:48:57 GMT -5
Thank you, Merrill, for your commentary. HUGELY insightful! Thanks for the ticks....Exalt for you!!
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Post by triggerhappy on Mar 4, 2010 10:51:40 GMT -5
Thank you Ask.
We had a TICK +529 there but falling now
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