PPDT - PP-XLF = 14.81 - 9/22 Wednesday

[ask2lern]

Can someome please move to sticky....................

Here are the pivots……….…hope everyone has a great day …………………GLTA


GOLD

R4 1349.00
midpoint 1338.05
R3 1327.10
midpoint 1316.15
R2 1305.20
Midpoint 1296.50
R1 1289.90
midpoint 1283.30

PP 1283.30

midpoint 1278.95
S1 1274.60
midpoint 1268.00
S2 1261.40
midpoint 1250.45
S3 1239.50
midpoint 1228.55
S4 1217.60

SILVER

R4 22.68
midpoint 22.38
R3 22.07
midpoint 21.77
R2 21.46
midpoint 21.34
R1 21.22
midpoint 21.04

PP 20.85

midpoint 20.73
S1 20.61
midpoint 20.43
S2 20.24
midpoint 19.94
S3 19.63
midpoint 19.33
S4 19.02

IMW

R3 68.66
R2 67.76
R1 67.20

PP 66.86

S1 66.30
S2 65.96
S3 65.06



TNA

R4 51.27
midpoint 50.33
R3 49.39
midpoint 48.45
R2 47.51
midpoint 46.91
R1 46.31
midpoint 45.97

PP 45.63

midpoint 45.03
S1 44.43
midpoint 44.09
S2 43.75
midpoint 42.81
S3 41.87
midpoint 40.93
S4 39.99

TZA

R4 30.59
Midpoint 30.04
R3 29.49
midpoint 28.94
R2 28.39
midpoint 28.18
R1 27.96
midpoint 27.63

PP 27.29

midpoint 27.08
S1 26.86
midpoint 26.53
S2 26.19
midpoint 25.64
S3 25.09
midpoint 24.54
S4 23.99

SDS

R3 31.02
R2 30.34
R1 30.04

PP 29.66

S1 29.36
S2 29.98
S3 28.30

………………………..GLTA

[ask2lern]

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

Tech is key for levels after Adobe drop
September 22, 2010 Wed 12:23 AM CT


There are no changes to levels for today after the markets finished nearly flat yesterday. A sharp disappointment from Adobe's earnings report may present the Nasdaq 100 with its first test in weeks.

If the bears can press the indexes down through support, the bulls will face a serious test of confidence. If the markets can rally despite the disappointment, the bulls will have the bears right where they want them.

Nasdaq 100 (NDX)

First support is at 1964.10. First resistance is at 2003.59.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $48.32. First resistance is at $49.32.

S&P 500 (SPX)

First support is at 1131.23. First resistance is at 1148.66.

For the Standard & Poor's Depository Receipts (SPY) first support is at $113.20. First resistance is at $115.22.

Russell 2000 (RUT)

First support is at 661.16. First resistance is at 672.16, and thereafter at the June pivot high at 677.15.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $66.21. First resistance is at $67.27, and thereafter at $67.99.

By: Bryan McCormick

[abdogman]

Ask ...thx for nmbrs and info

Good Morning Gang......back for the open !

[ccash04]

Carl:
December S&P E-mini Futures: Today's range estimate is 1123-1138. The ES has broken out of a 1002-1127 trading range formed over the past four months. This is very bullish action. It means that the ES will move above 1216 over the coming months. 1175 is the next upside target.

[ccash04]

Cobra:
SHORT-TERM: KEY DAY TOMORROW

As mentioned in today’s After Bell Quick Summary, according to the past FOMC red day pattern, we need a green day tomorrow to avoid further pullbacks. The question is, will we have a green day tomorrow? I have no idea (well, I know you know I’d say that. LOL). However, the very unique thing I noticed is TICK closed below –840 which looks very ominous. As illustrated in the chart below, normally such kind of so negative close should only occur on a big red day, while today SPX is just a small red, so the question is why TICK closed so negative? In another word is that people rushed to the exit right before the close, why was that? Could be some bad news awaiting us tomorrow?

For short-term still suggest not getting to bullish. Besides the 09/21 to 09/23 time window and 1.0.0 S&P 500 SPDRs (SPY 60 min) showing lots of negative divergences, there’re 2 additional bad signs today:

VIX Leads SPX, negative divergence plus cross below EMA20 again. Will the 3rd time be the charm? Personally, I consider this chart as very reliable, so a pullback should be imminent.

6.4.3a SPY Bearish Reversal Day Watch, as long as we’re not repeating what happened in April, a top of some kind should be close.

[brosin]

Morning guys - thanks Ask and CCash for the info!

[brosin]

from Brian Shannon at www.alphatrends.net


Caldaro: Overnight the Asian markets were mixed. Europe opened lower and closed -0.40%. US index futures were relatively flat overnight, and at 8:30 both Housing starts (596K v 548K) and Building permits (569K v 565K) reported improvement. The market opened about unchanged at SPX 1142. It had closed at SPX 1143 yesterday. For the first hour and a half of trading the SPX remained in a two point range (1141-1143). After 10:30 it started to ease lower awaiting the FED's FOMC statement. Right after the statement the SPX hit 1136 and then started to rally. FED FOMC statement: www.federalreserve.gov/newsevents/press/monetary/20100921a.htm. It then spiked to SPX 1149 before 3:00, spiked down to 1136 by 3:30, and closed at 1140.

For the day the SPX/DOW were mixed, and the NDX/NAZ were -0.15%. Bonds gained 32 ticks, Crude slid $1.35, Gold added $9.00, and the USD was lower. Support for the SPX remains at 1136 and then 1107, with resistance at 1146 and then 1168. Short term momentum pulled back to near neutral during the day, then pushed to slightly overbought before hitting neutral at the close. Tomorrow, there is nothing on the economic calendar, a likely technical trading day.

In the weekend report of Sept 11th we noted that the end/continuation of the multi-month trading range would likely be determined within the Sept 16th to Sept 21st timeframe. There had been a recurring negative pattern after rallies for the past several months. This rally from SPX 1040 was heading into that potential negative again during this time period. With today's new uptrend high at SPX 1149 the negative pattern has been broken. The uptrend from the early July SPX 1011 low should now continue higher with pullbacks along the way. Today's wild late day swing is one of those pullbacks. From the recent late August low at SPX 1040 the market had only two pullbacks one of 14 and the other 12 points, respectively. Today's pullback from SPX 1149 to 1136 is the third. Since we can count five waves up from the SPX 1040 low into today's high, should this pullback breakdown through the OEW 1136 pivot range the market could retest the 1107 pivot. A further rally to breakout above the 1146 pivot range should help the market to rally into the 1160's and the 1168 pivot. Technical day tomorrow, could be quite interesting.



Cobra: The bottom line, the short-term trend is up and I hold partial long position overnight.

I see no tricks today but tomorrow better be an up day, otherwise we may see further pullbacks. Yes, I know the cases are too few, but combining with other factors I’ve been blah blah and am about to blah blah tonight, better an up day tomorrow we see. As mentioned in today’s After Bell Quick Summary, according to the past FOMC red day pattern, we need a green day tomorrow to avoid further pullbacks. The question is, will we have a green day tomorrow? I have no idea (well, I know you know I’d say that. LOL). However, the very unique thing I noticed is TICK closed below –840 which looks very ominous. As illustrated in the chart below, normally such kind of so negative close should only occur on a big red day, while today SPX is just a small red, so the question is why TICK closed so negative? In another word is that people rushed to the exit right before the close, why was that? Could be some bad news awaiting us tomorrow? For short-term still suggest not getting to bullish. Besides the 09/21 to 09/23 time window and 1.0.0 S&P 500 SPDRs (SPY 60 min) showing lots of negative divergences, there’re 2 additional bad signs today:

VIX Leads SPX, negative divergence plus cross below EMA20 again. Will the 3rd time be the charm? Personally, I consider this chart as very reliable, so a pullback should be imminent.

[brosin]

Bespoke
S&P 500 Price vs Trading Range
The chart below shows the S&P 500 50-day moving average (DMA) spread measured in standard deviations. When the line is in the red zones, the S&P 500 is considered to be overbought, while readings in the areas of green shading indicate that the S&P 500 is oversold. Finally, readings in the white zone are considered to be neutral. As shown, the S&P 500 is currently trading at overbought levels similar to where it was in late April and early August. While the S&P 500 saw sharp declines following both of those periods, overbought levels aren't an automatic precursor of an imminent decline. That being said, investors should be extra vigilant in the days ahead for any signs of weakness in the market's leading stocks.


Twitter Hack and Internet Security

"Twitter Hack opens popups, causes havoc" - The Associated Press

Headlines like the one by the AP are becoming all too common as hardly a day goes by where a major website isn't hacked, credit card data isn't breached, or an email with sensitive data doesn't end up in the wrong hands. It is also because of headlines like these that Intel (INTC) announced last month that it would acquire McAfee (MFE) for nearly $8 billion in cash. INTC's purchase and the constant headlines regarding security breaches have certainly been a boon to the stocks of companies in this field. At the same time that investors are looking for ways to play this trend, the number of publicly traded companies is relatively small.

In the list below, we screened for US listed companies that gain a large percentage of their revenues in dealing with internet security solutions. We then filtered the list by only including stocks with average daily volumes of more than 250K shares. As shown, of the 12 companies that made the list, only two have underperformed the S&P 500 year to date, and collectively they are outperforming the S&P 500 by a wide margin (19.57% vs 2.41%).

[brosin]

Ritholtz:
Summers: Good Riddance

The good news: Summers is gone Jan 1 (no word yet on Geithner).

The bad news? I am not sure what (if any) impact this will have on the administration’s economic policies.

To review:

Summers is the former Clinton Treasury Secretary, mentored by Robert Rubin. As such, he was one of the chief architects of the crisis. In addition to believing all of the usual foolishness about efficient markets, he bought into the radical deregulation arguments pushed by the free market absolutists.

Summers was Treasury Secretary when Glass Steagall was repealed. Instead of speaking out against the irresponsible Gramm–Leach–Bliley Act (Financial Services Modernization Act of 1999), he actively supported it. Instead of explaining to the public how Glass Steagall prevented Wall Street crises from spilling over into Main Street for 65 years, he rolled over for Citibank.

The repeal of Glass Steagall was not a cause of the crisis, but it allowed the net damage to be far far worse than it would have otherwise been. And it was emblematic of the corporate takeover of the legislative process. For a fee (campaign donation) you could write your own regulations. How could that ever go wrong?

Even more ruinously, Summers oversaw the passage of Commodities Futures Modernization Act of 2000 that exempted financial derivatives from all regulatory oversight. The CFMA made the AIG collapse not only possible, but likely. It helped to set up both Lehman and Bear Stearns. CFMA allowed AIG FP to write over $3 trillion in derivatives, reserving precisely zero dollars in case an underwritten derivative needed to be paid.

Failing upwards: When Obama appointment Summers (and Geithner), it he was perversely represented a reward for a job done poorly. But even worse, it created a dynamic where the new administration was committed to defending the policies that helped to contribute to the crisis in the first place. Rubin’s lasting gift to the Obama White House was more of the same, a third term for George W. Bush’s economic team. When Obama becomes a one-termer, it will be his own fault for following the horrific advice of Robert Rubin.

Summers was incapable of saying, let’s repeal the Glass Steagall Repeal; lets overturn CFMA. Most humans have a hard time saying: “My bad, let’s just reverse the error and start over.” By putting into senior positions the people who helped create the mess, we ended up with a defense of the decision making that proceeded, instead of a fresh approach. Summers was a defender of the status quo. This was not change we could believe in — it was simply more of the same.

During the Bush administration, we saw the bailouts of Bear Stearns, Fannie & Frediie, AIG, Citigroup, Bank of America, Merrill Lynch, Morgan Stanley, Goldmasn Sachs, et. al. The new White House lacked the will or the understanding or the nerve to break with those Bush policies. That was their ultimate error. Instead of imprinting the failures of the prior administration on his predecessor, making Bush own what he did, the Obama decided to adopt them, making the bailouts their their own. Huge mistake — and one that was inevitable with Summers large and in charge of White House Economic policy.

The Obama White House correctly forced the insolvent automakers into bankruptcy reorganization. They should have done the same with the insolvent banks and investment firms. That was impossible with the banker’s boys running the White House economic policy: The Rubin/Summers/Geithner team made sure that did not happen.

As Allan Meltzer stated, “Capitalism without failure is like religion without sin—it just doesn’t work.” The change people voted for never appeared, and the Summers led economic team gave us two more years of Bush bailout policies. For that humongous error, his departure is a welcome change.

[abdogman]

xlf 14.71 on 1m

[abdogman]

macd pos last 3 mins on 1m xlf fas
xlf 14.75 on 1m

[ccash04]

Copper & Gold are surging, established long on FCX and looking to add on pullbacks.

Started with 2000 shares and sold 10 80 puts.

[abdogman]

xlf 14.79 on 1m and at top BB

[theMIST]

If we get over 1150.45 (left shoulder), that would be so sweet!

[abdogman]

macd nearing 0/0 from pos on 1m xlf fas faz
xlf 14.75 on 1m

[abdogman]

macd neg now on xlf fas on 1m
4.9 mil share red candle last min on 1m xlf
xlf 14.73 on 1m

[maxi]

Barchart.com U.S. Morning Call for Wednesday, September 22, 2010
Overnight Developments

European stocks are lower with the European DJ Stoxx 50 down -1.34% and Dec S&Ps down -3.20 points. The dollar index slumped to a 6-month low and gold rallied to an all-time high, while bond markets around the world gained on speculation the Fed will expand its balance sheet and purchase more government debt. European and US stocks markets are unnerved after credit-default swaps to insure Portuguese sovereign debt rose to 383, a 4-1/2 month high, while credit-default swaps on Ireland's debt climbed 27 bp to a record 467.5. Jul Euro-Zone industrial new orders fell -2.4% m/m, more-than-expected and its biggest monthly decline in 19 months as orders for capital goods slumped. Banco Santander SA fell 3.5% after Credit Suisse Group AG downgraded Spain's largest bank to "neutral" from "outperform," saying the bank's structural growth will probably decline and its profitability in Brazil may be slower-than-forecast. The minutes of the Sep 8-9 BOE monetary policy meeting revealed that the UK economy might need further stimulus when they stated "for some members, the probability that further action would become necessary to stimulate the economy and keep inflation on track to hit the target in the medium term had increased."
The Asian markets today closed mixed with Japan down -0.37%, Hong Kong +0.21%, China, Taiwan and South Korea closed for holiday, Australia +0.17%, Singapore +0.02%, India -0.30%. BOJ Governor Shirakawa was quoted by the Yomiuri newspaper as saying that Japan's currency market intervention last week was appropriate and that the BOJ must monitor "more carefully than before" the risk that the yen's gain would hurt exports and corporate profits. The BOJ may be pressured to consider further liquidity injections if currency market intervention fails to slow the advancing yen. A stronger yen led Japanese exporters to close lower today but a rally in Japanese property developers limited losses in stocks after the nation's land-price declines slowed for the first time since 2007.
Overnight U.S. Stock News
Dec S&Ps this morning are down -3.20 points. The stock market yesterday rallied to its high following the post-FOMC meeting statement but faded into the close and finished mixed (Dow +0.07%, S&P 500 -0.26%, Nasdaq Composite -0.28%). The Dow posted a 4-1/4 month high. The S&P 500 climbed to a 4-month high but shed its gains and closed lower. The Nasdaq rallied to a 4-1/2 month high but erased its gains and finished lower. Bearish factors included (1) weakness in commodity producers after crude oil and metals prices declined, (2) concern that the labor market remains weak after the US Labor Department said payrolls dropped in 36 US states in Aug and that joblessness climbed in 27 states, and (3) the Fed's post-FOMC statement that said the pace of recovery has "slowed in recent months," and that employers "remain reluctant to add to payrolls."
Bullish factors included (1) reduced concern that the European sovereign-debt crisis will worsen after successful government bond auctions in Spain and Ireland, (2) a rally in homebuilders after the stronger than expected Aug US housing starts (+10.5% to 598,000 versus expectations of +0.7% to 550,000), (3) the stronger than expected Aug US building permits which is a proxy of future activity (+1.8% to 569,000 versus expectations of +0.2% to 560,000), (4) a sharp increase in M&A activity as data from Bloomberg shows that there has been $526 billion of deals announced worldwide this quarter, the most in 2 years, and (5) the post-FOMC statement in which the Fed said it is "prepared to provide additional accommodation if needed."
Adobe Systems (ADBE) tumbled 16% in European trading after the company said late yesterday that Q4 revenue will be $950 million to $1 billion, lower than analysts' estimates of $1.03 billion, as the company cited slower demand from back-to-school shoppers and Japanese buyers.
PMC-Sierra (PMCS) slipped 4.1% in pre-market trading after the chipmaker reduced its Q3 sales forecast to $163 million at most, below analysts' estimates of $173.5 million.
Today's Market Focus
December 10-year T-notes this morning are trading up +12.5 ticks. Dec 10-year T-note prices yesterday rallied sharply after the FOMC announcement to a 2-1/2 week high and finished the day up +31 ticks at 125-120. Bullish factors included (1) the post-FOMC statement that said inflation is below the level "consistent" with the Fed's mandate, that the pace of recovery has "slowed in recent months," and that the Fed is "prepared to provide additional accommodation if needed," and (2) increased safe-haven demand for Treasuries on concern a weak labor market may derail the economic recovery after the US Labor Department said payrolls dropped in 36 US states in Aug and that joblessness climbed in 27 states. Bearish factors included (1) the stronger than expected Aug US housing starts (+10.5% to 598,000 versus expectations of +0.7% to 550,000), (2) the stronger than expected Aug US building permits (+1.8% to 569,000 versus expectations of +0. 2% to 560,000), and (3) the Fed's decision following Tuesday's FOMC meeting to not immediately boost its quantitative easing program and increase purchases of US debt.
The dollar index this morning is weaker and posted a 6-month low with the dollar/yen -0.49 yen and the euro/dollar +1.14 cents. The dollar index yesterday slumped to a 1-1/4 month low and finished near its low. Bearish factors included (1) the Fed's post-FOMC statement which hinted that it may expand its balance sheet when it said the Fed is "prepared to provide additional accommodation if needed," (2) strength in the euro after successful government bond auctions in Spain and Ireland, which temporarily eased concern about Europe's sovereign debt crisis, and (3) reduced safe-haven demand for the dollar after Aug US housing starts rose more than expected, easing concern that the economic recovery is faltering. Bullish factors included (1) the action by the Fed to refrain from boosting its quantitative easing program following Tuesday's FOMC meeting, and (2) increased safe-haven demand for the dollar on concern that Europe's sovereign-debt crisis may worsen af ter the budget deficit for the first 8 months of this year widened in Portugal to the fourth-largest deficit in the Euro-Zone, and that record high borrowing costs may keep the Portuguese government from narrowing the deficit.
November crude oil prices this morning are trading +35 cents a barrel and November gasoline is +0.59 of a cent per gallon. Nov crude oil prices yesterday closed lower for the fifth time in the last six sessions when they settled down -$1.21 a barrel. Nov gasoline closed lower by -2.93 cents per gallon. Bearish factors included (1) the report from the US Labor Department that showed payrolls dropped in 36 states in Aug, a sign that the labor market remains weak which may translate into slack fuel demand, and (2) expectations that crude demand from refiners remains weak and that the refinery capacity rate will slip to a 5-month low of 86.8% when the DOE releases its weekly inventory figures Wednesday. Bullish factors included (1) the weaker dollar, and (2) the outlook for crude oil supplies to fall to a 5-week low when the DOE releases its weekly inventory figures on Wednesday because of last week's closure of an Enbridge Energy Partners pipeline from Canada to the US Midwest. Expectations for Wednesday's weekly DOE inventory report are for crude oil supplies to fall -1.7 million bbl, gasoline stockpile to remain unchanged, distillate inventories to rise +200,000 bbl and the refinery capacity rate to fall -0.8 to 86.8%.


Today's U.S. Earnings Reports
Earnings reports (confirmed releases, sorted by mkt cap) GIS-General Mills (BEST earnings consensus $0.63), BBBY-Bed Bath & Beyond (0.63), RHT-Red Hat (0.19), KMX-CarMax (0.40), JEF-Jeffries Group (0.31), IHS-IHS Inc. (0.73), CPRT-Copart (0.48).

Global Financial Calendar
Wednesday 9/22/10
United States
0700 ET Weekly MBA mortgage applications, last -8.9% with purchase mortgage sub-index -0.4% and refinancing sub-index -11.0%.
1000 ET Jul FHFA house price index expected -0.2% m/m, Jun -0.3% m/m.
1400 ET Treasury Secretary Timothy Geithner testifies to the House Financial Services Committee on the state of the international finance system.
Japan
0030 ET Jul Japan all industry activity index expected +1.0% m/m, Jun +0.1% m/m.
United Kingdom
0430 ET Minutes of the Sep 8-9 BOE monetary policy meeting.
Euro-Zone
0500 ET Jul Euro-Zone industrial new orders expected -1.4% m/m and +16.2% y/y, Jun +2.5% m/m and +22.8% y/y.
1000 ET Sep Euro-Zone consumer confidence expected +1 to -10, Aug +3 to -11.
Canada
0830 ET Aug Canadian leading indicators expected +0.3% m/m, Jul +0.4% m/m.
0830 ET Jul Canadian retail sales expected +0.5% and +0.3% less autos, Jun +0.1% and -0.5% less autos.
Morning Quote Board
Morning Quotes (ET) Last Chg %chg Updated
US Stock Futures
S&P (Globex) (Z0) 1131.50 -3.20 -0.28% 07:10:51
DJIA (CBOT) (Z0) 10664 -30 -0.28% 07:11:16
European Stocks
Europe DJ Stoxx 50 2518.42 -34.29 -1.34% 07:07:15
London UK FTSE Index 5545.48 -30.71 -0.55% 07:07:19
German Dax Index 6214.18 -61.80 -0.98% 07:07:19
French CAC 40 Index 3739.45 -44.95 -1.19% 07:07:15
Asian-Pacific Stocks
Japan Nikkei Index 9566 -36 -0.37% 02:28:01
Hong Kong Hang Seng 22048 45 0.21% 04:01:15
China CSI 300 Index 2857 0 0.00% 9/21/2010
Taiwan TAIEX Index 8196 0 0.00% 9/21/2010
Australian S&P 200 4625.2 7.7 0.17% 02:39:32
Singapore Str. Times 3096.1 0.71 0.02% 05:10:01
South Korea KOSPI 200 238.29 0 0.00% 9/20/2010
Bombay Sensex 30 19942 -59.83 -0.30% 06:30:00
Karachi KSE-100 9946 -46 -0.46% 06:53:21
US Interest Rates
10yr T-notes (CBT)(Z0) 125.245 0.125 0.31% 07:11:55
Cash 10yr T-note Price 100.275 0.130 0.40% 07:21:30
Cash 10yr T-note Yield 2.526 -0.047 -1.81% 07:21
5yr T-note (CBT)(Z0) 120.220 0.045 0.12% 07:12:01
Cash 5yr T-note Price 99.290 0.045 0.14% 07:21:30
Cash 5yr T-note Yield 1.270 -0.029 -2.27% 07:21
30-yr T-bond (CBT)(Z0) 132.30 0.28 0.66% 07:11:49
Cash 30yr T-bond Price 102.190 0.315 0.97% 07:21:30
Cash 30yr T-bond Yield 3.730 -0.054 -1.44% 07:21
Eurodollars (CME)(Z0) 99.630 -0.005 -0.01% 07:09:01
Eurodollars (CME)(H1) 99.570 -0.010 -0.01% 07:10:01
Asian & European Rates
10-yr JGBs (TSE) (Z0) 142.65 0.27 0.19% 02:00:00
EuroyenTibor(SGX)(Z0) 99.690 0.005 0.01% 07:05:15
Bunds (Eurex) (Z0) 130.75 1.10 0.85% 07:07:15
Euribor (Eurex) (Z0) 99.02 0.02 0.02% 06:56:16
UK Gilts (Liffe) (Z0) 123.98 1.40 1.14% 07:06:53
Short Stlg (Liffe) Z0) 99.23 0.02 0.02% 07:06:20
Forex
U.S. Dollar Index 79.86 -0.58 -0.72% 07:12:18
US Dollar-Japanese Yen 84.60 -0.49 -0.57% 07:22:20
EuroFX-US Dollar 1.3378 0.0114 1.14% 07:22:19
US Dollar-Swiss Franc 0.9893 -0.0071 -0.71% 07:22:20
British Pound-US$ 1.5657 0.0034 0.34% 07:22:20
US$-Canadian Dlr 1.0210 -0.0058 -0.58% 07:22:20
Yen (Globex) (Z0) 1.1826 0.0065 0.65% 07:12:16
Euro FX (Globex) (Z0) 1.3364 0.0123 0.93% 07:12:16
SwissFranc (Globex)(Z0) 1.011 0.0086 0.86% 07:12:04
British Pound(Glbx)(Z0) 1.5638 0.0027 0.17% 07:11:23
Canadian$ (Globex)(Z0) 0.978 0.0040 0.41% 07:12:17
Commodities
Gold (Comex) (Z0) 1292.9 18.6 1.46% 07:12:18
Silver (Comex) (Z0) 21.080 0.440 2.13% 07:12:14
Copper (Comex) (Z0) 349.6 1.5 0.43% 07:12:07
Crude Oil (Nymex) (X0) 75.32 0.35 0.47% 07:11:57
Gasoline (Nymex) (X0) 192.46 0.59 0.31% 07:11:35
Heating Oil(Nymex) (X0) 214.25 0.63 0.29% 07:08:53
NaturalGas(Nymex)(X0) 4.106 0.039 0.96% 07:09:15
Corn (CBOT) (Z0) 511.00 5.75 1.14% 07:12:10
Soybeans (CBOT) (X0) 1088.00 8.00 0.74% 07:12:10
Wheat (CBOT) (Z0) 727.00 9.00 1.25% 07:10:04

[abdogman]

xlf 14.70 on 1m at bottom BB

[abdogman]

BB's spreading on 1m xlf fas faz
macd neg on 1m xlf fas
xlf 14.69 on 1m

[kryptos2009]

Here is the PP Daily Thread (PPDT) data.


XLF PP=14.81
MP=14.86 R1=14.91 MP=15.00 R2=15.08 MP=15.21 R3=15.35 MP=15.48 R4=15.62
MP=14.73 S1=14.64 MP=14.59 S2=14.54 MP=14.40 S3=14.27 MP=14.13 S4=14.00
O=14.93 H=14.97 L=14.7 C=14.75

FAS PP=23.00
MP=23.23 R1=23.46 MP=23.79 R2=24.11 MP=24.67 R3=25.22 MP=25.78 R4=26.33
MP=22.68 S1=22.35 MP=22.12 S2=21.89 MP=21.34 S3=20.78 MP=20.23 S4=19.67
O=23.55 H=23.65 L=22.54 C=22.81

FAZ PP=12.61
MP=12.79 R1=12.96 MP=13.09 R2=13.21 MP=13.51 R3=13.81 MP=14.11 R4=14.41
MP=12.49 S1=12.36 MP=12.19 S2=12.01 MP=11.71 S3=11.41 MP=11.11 S4=10.81
O=12.31 H=12.85 L=12.25 C=12.72

SPY PP=114.11
MP=114.41 R1=114.71 MP=115.08 R2=115.44 MP=116.11 R3=116.77 MP=117.44 R4=118.10
MP=113.75 S1=113.38 MP=113.08 S2=112.78 MP=112.12 S3=111.45 MP=110.79 S4=110.12
O=114.3 H=114.84 L=113.51 C=113.98

SPG PP=96.95
MP=97.34 R1=97.72 MP=98.44 R2=99.16 MP=100.27 R3=101.37 MP=102.48 R4=103.58
MP=96.23 S1=95.51 MP=95.13 S2=94.74 MP=93.64 S3=92.53 MP=91.43 S4=90.32
O=97.65 H=98.39 L=96.18 C=96.28

GS PP=152.35
MP=152.99 R1=153.62 MP=154.73 R2=155.83 MP=157.57 R3=159.31 MP=161.05 R4=162.79
MP=151.25 S1=150.14 MP=149.51 S2=148.87 MP=147.13 S3=145.39 MP=143.65 S4=141.91
O=152.11 H=154.57 L=151.09 C=151.4

JPM PP=40.85
MP=41.05 R1=41.24 MP=41.56 R2=41.88 MP=42.40 R3=42.91 MP=43.43 R4=43.94
MP=40.53 S1=40.21 MP=40.02 S2=39.82 MP=39.31 S3=38.79 MP=38.28 S4=37.76
O=41.31 H=41.5 L=40.47 C=40.59

MS PP=26.37
MP=26.56 R1=26.74 MP=27.08 R2=27.41 MP=27.93 R3=28.45 MP=28.97 R4=29.49
MP=26.04 S1=25.70 MP=25.52 S2=25.33 MP=24.81 S3=24.29 MP=23.77 S4=23.25
O=26.88 H=27.05 L=26.01 C=26.06

C PP=3.97
MP=3.98 R1=3.99 MP=4.02 R2=4.05 MP=4.09 R3=4.13 MP=4.17 R4=4.21
MP=3.94 S1=3.91 MP=3.90 S2=3.89 MP=3.85 S3=3.81 MP=3.77 S4=3.73
O=4.02 H=4.02 L=3.94 C=3.94

VIX PP=22.12
MP=22.47 R1=22.82 MP=23.06 R2=23.29 MP=23.88 R3=24.46 MP=25.05 R4=25.63
MP=21.89 S1=21.65 MP=21.30 S2=20.95 MP=20.37 S3=19.78 MP=19.20 S4=18.61
O=21.54 H=22.59 L=21.42 C=22.35

UUP PP=23.35
MP=23.41 R1=23.47 MP=23.55 R2=23.62 MP=23.76 R3=23.89 MP=24.03 R4=24.16
MP=23.28 S1=23.20 MP=23.14 S2=23.08 MP=22.95 S3=22.81 MP=22.68 S4=22.54
O=23.46 H=23.51 L=23.24 C=23.31

FROM: www.econoday.com

Economic Events & Analysis - 9/22/2010 Wednesday

7:00 AM ET MBA Purchase Applications
10:00 AM ET FHFA House Price Index
10:30 AM ET EIA Petroleum Status Report


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.

[abdogman]

xlf 14.65 on 1m

[abdogman]

macd just pos for 1m xlf fas
xlf 14.67 on 1m

[abdogman]

BB's narrow on 1m xlf fas faz
macd pos 1m xlf fas
xlf 14.67 on 1m

[abdogman]

macd just neg on 1m xlf fas
BB's spreading slowly on 1m xlf fas faz
xlf 14.625 on 1m

[abdogman]

Dept of Energy reports that:

* Crude oil inventories had a build of 970K (consensus is a draw of 1,750K)
* Gasoline inventories had a build of 1590K (consensus is a draw of 250K)
* Distillate inventories had a build of 347K (consensus is a build of 100K)
* The change in refinery utilization was 0.20% (consensus was -0.80%)

[abdogman]

xlf 14.59 on 1m

[abdogman]

BB's narrowing on 1m xlf fas faz
xlf 14.585 on 1m

[ccash04]

Alcoa, AA, is on a tear don't really know why..

[ccash04]

A nice bounce off 1135, or 113.5 on the SPY.. Looking for it to hold.

[abdogman]

BB's tight now on 1m xlf fas faz
macd pos on 1m xlf fas
xlf 14.61 on 1m