PPDT - PP-XLF = 14.69 - 9/17 Friday

[kryptos2009]

Here is the PP Daily Thread (PPDT) data.


XLF PP=14.69
MP=14.73 R1=14.76 MP=14.78 R2=14.80 MP=14.86 R3=14.91 MP=14.97 R4=15.02
MP=14.67 S1=14.65 MP=14.62 S2=14.58 MP=14.53 S3=14.47 MP=14.42 S4=14.36
O=14.71 H=14.73 L=14.62 C=14.72

FAS PP=22.25
MP=22.37 R1=22.48 MP=22.56 R2=22.64 MP=22.83 R3=23.03 MP=23.22 R4=23.42
MP=22.17 S1=22.09 MP=21.98 S2=21.86 MP=21.66 S3=21.47 MP=21.27 S4=21.08
O=22.36 H=22.4 L=22.01 C=22.33

FAZ PP=13.08
MP=13.13 R1=13.17 MP=13.24 R2=13.30 MP=13.41 R3=13.52 MP=13.63 R4=13.74
MP=13.02 S1=12.95 MP=12.91 S2=12.86 MP=12.75 S3=12.64 MP=12.53 S4=12.42
O=13.02 H=13.22 L=13 C=13.03

SPY PP=112.84
MP=113.09 R1=113.33 MP=113.47 R2=113.61 MP=114.00 R3=114.38 MP=114.77 R4=115.15
MP=112.70 S1=112.56 MP=112.32 S2=112.07 MP=111.69 S3=111.30 MP=110.92 S4=110.53
O=112.73 H=113.12 L=112.35 C=113.05

SPG PP=94.74
MP=95.02 R1=95.29 MP=95.64 R2=95.99 MP=96.62 R3=97.24 MP=97.87 R4=98.49
MP=94.39 S1=94.04 MP=93.77 S2=93.49 MP=92.87 S3=92.24 MP=91.62 S4=90.99
O=95.31 H=95.44 L=94.19 C=94.59

GS PP=151.96
MP=152.36 R1=152.75 MP=153.02 R2=153.28 MP=153.94 R3=154.60 MP=155.26 R4=155.92
MP=151.70 S1=151.43 MP=151.04 S2=150.64 MP=149.98 S3=149.32 MP=148.66 S4=148.00
O=152.28 H=152.48 L=151.16 C=152.23

JPM PP=40.88
MP=41.05 R1=41.21 MP=41.32 R2=41.43 MP=41.71 R3=41.98 MP=42.26 R4=42.53
MP=40.77 S1=40.66 MP=40.50 S2=40.33 MP=40.06 S3=39.78 MP=39.51 S4=39.23
O=40.72 H=41.1 L=40.55 C=40.99

MS PP=26.86
MP=26.94 R1=27.01 MP=27.13 R2=27.24 MP=27.43 R3=27.62 MP=27.81 R4=28.00
MP=26.75 S1=26.63 MP=26.56 S2=26.48 MP=26.29 S3=26.10 MP=25.91 S4=25.72
O=27.08 H=27.09 L=26.71 C=26.78

C PP=3.94
MP=3.98 R1=4.01 MP=4.03 R2=4.04 MP=4.09 R3=4.14 MP=4.19 R4=4.24
MP=3.93 S1=3.91 MP=3.88 S2=3.84 MP=3.79 S3=3.74 MP=3.69 S4=3.64
O=3.89 H=3.98 L=3.88 C=3.97

VIX PP=22.09
MP=22.28 R1=22.46 MP=22.84 R2=23.21 MP=23.77 R3=24.33 MP=24.89 R4=25.45
MP=21.72 S1=21.34 MP=21.16 S2=20.97 MP=20.41 S3=19.85 MP=19.29 S4=18.73
O=22.65 H=22.83 L=21.71 C=21.72

UUP PP=23.55
MP=23.57 R1=23.59 MP=23.62 R2=23.65 MP=23.70 R3=23.75 MP=23.80 R4=23.85
MP=23.52 S1=23.49 MP=23.47 S2=23.45 MP=23.40 S3=23.35 MP=23.30 S4=23.25
O=23.55 H=23.6 L=23.5 C=23.54

FROM: www.econoday.com

Economic Events & Analysis - 9/17/2010 Friday


8:30 AM ET Consumer Price Index

Released on 9/17/2010 8:30:00 AM For Aug, 2010
Prior Consensus Consensus Range
CPI - M/M change 0.3 % 0.3 % 0.2 % to 0.4 %
CPI less food & energy 0.1 % 0.1 % 0.0 % to 0.1 %

Market Consensus Before Announcement
The consumer price index in July rebounded 0.3 percent, following a 0.1 percent decline in June. Excluding food and energy, the CPI eased to a 0.1 percent gain after a 0.2 percent boost in June. By components, energy increased 2.6 percent, following a 2.9 percent drop in June. Food prices dipped 0.1 percent after being flat the prior two months. Within the core, shelter costs rose only 0.1 percent for the fourth month in a row.


9:30 AM ET Daniel Tarullo Speaks


9:55 AM ET Consumer Sentiment

Released on 9/17/2010 9:55:00 AM For Sep, 2010
Prior Consensus Consensus Range
Sentiment Index - Level 68.9 70.0 68.0 to 71.0

Market Consensus Before Announcement
The Reuter's/University of Michigan's Consumer sentiment index worsened in late August, dropping seven tenths from the mid-month reading to a final August reading of 68.9. Because the survey sample is about evenly divided between the first half of the month and the second half, the implied reading for the second half of the month is 68.2, barely ahead of July's final reading of 67.8. Weakness the last half of the month was centered in expectations.



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


GOLD

R4 1298.77
midpoint 1294.82
R3 1290.87
midpoint 1286.92
R2 1282.97
Midpoint 1281.35
R1 1279.73
midpoint 1277.40

PP 1275.07

midpoint 1273.45
S1 1271.83
midpoint 1269.50
S2 1267.17
midpoint 1263.22
S3 1259.27
midpoint 1255.32
S4 1251.37

SILVER

R4 21.45
midpoint 21.33
R3 21.22
midpoint 21.10
R2 20.99
midpoint 20.95
R1 20.90
midpoint 20.83

PP 20.76

midpoint 20.72
S1 20.67
midpoint 20.60
S2 20.53
midpoint 20.41
S3 20.30
midpoint 20.18
S4 20.07

IMW

R3 66.95
R2 65.93
R1 65.44

PP 64.91

S1 64.42
S2 63.89
S3 62.87



TNA

R4 47.74
midpoint 46.76
R3 45.78
midpoint 44.80
R2 43.82
midpoint 43.34
R1 42.85
midpoint 42.36

PP 41.86

midpoint 41.38
S1 40.89
midpoint 40.40
S2 39.90
midpoint 38.92
S3 37.94
midpoint 36.96
S4 35.98

TZA

R4 34.10
Midpoint 33.42
R3 32.74
midpoint 32.06
R2 31.38
midpoint 31.03
R1 30.68
midpoint 30.35

PP 30.02

midpoint 29.67
S1 29.32
midpoint 28.99
S2 28.66
midpoint 27.98
S3 27.30
midpoint 26.62
S4 25.94

SDS

R3 31.53
R2 31.11
R1 30.83

PP 30.69

S1 30.41
S2 30.27
S3 29.85

………………………..GLTA

[ask2lern]

From http://www.optionmonster.com.....................................GL

Nasdaq 100 breaks out of its range
September 17, 2010 Fri 3:49 AM CT


The Nasdaq 100 yesterday became the first index to break through the top of its multi-month trading range. Most of that move was fueled by gains in Apple, Amazon, Google, and Cisco. Previous resistance now becomes support.

Given the positive reaction to Research In Motion and Oracle earnings news after hours yesterday, it looks as if the market's momentum could well continue. After four months, the NDX gets fresh resistance, back to the high of the May 6 "flash crash."

For the Russell 2000, there was no such joy. It sank under the weight of underperforming small-cap names as traders rotated into beaten-down large-cap techs. The RUT finished lower on the session and very close to support. Levels therefore are just as they were yesterday morning.

Similarly, the S&P 500 was unable to benefit from its own technology sector rally. Losses in energy, health care, industrial, and financial sectors all weighed on the index to leave it down on the day by a hair. Its levels too remain as they were yesterday morning.

Nasdaq 100 (NDX)

First support is at 1939.77. First resistance is at 1964.10.

For the Nasdaq 100 Index Tracking Stock (QQQQ) first support is at $47.68. First resistance is at $48.32.

S&P 500 (SPX)

First support is at 1115.71. First resistance is at 1128.77.

For the Standard & Poor's Depository Receipts (SPY) first support is at $111.80. First resistance is at $113.18.

Russell 2000 (RUT)

First support is at 645.82, the 200-day moving average. First resistance is at 672.16.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $64.58. First resistance is at $67.27.

By: Bryan McCormick

[ask2lern]

From http://www.optionmonster.com............................GLTA

Consumer is focus of today's reports
September 17, 2010 Fri 3:31 AM CT


On this quadruple witching day we have two reports to wade through before the first half-hour of trading is over, consumer prices and sentiment.

The Consumer Price Index will be released at 8:30 a.m. ET. Like its producer counterpart, this index has two components: The so-called headline number includes food and energy, while the other does not.

The headline number is expected to rise by 0.3 percent, month over month, with the range from a deflationary -0.1 percent to an inflationary 0.4 percent. At this stage markets want to see some inflation, rather than lower prices.

Without food and energy, the index is expected to rise by just 0.1 percent. The range in this so-called core part of the index is from zero to 0.2 percent. Only very large jumps in inflation or very negative drops are likely to move the markets strongly. A spike in inflation could spook the Treasuries market, which might actually be a benefit for stocks.

The Reuters/University of Michigan Consumer Sentiment Index for September will be released at 9:55 a.m ET. This is the second number we have seen in the index for September, but before the final revision. There is therefore a very wide range in values.

The headline number is expected to come in at 70. The range is from a bearish 68, which would mark a further drop in sentiment, to a bullish 73.

The consensus for current conditions is for a small rise from the previous read to 79. The range is wide from a bearish 74 at the low end, to a very bullish 82 at the high. Economists forecast that future expectations will come in at 64.2, a gain from the previous 62.9.

Many traders use this index component as a leading indicator of consumer spending habits. The range here is again wide, from a bearish 62.4 at the low to a more bullish 68 at the high.

The outlier this time around would be for gains that are much larger than forecast. Traders are used to the series coming in at the high 60s to low 70s in recent months.

By: Bryan McCormick

[abdogman]

Good Morning Gang......Kryptos and Ask thx for nmbrs and info

back for the open

[abdogman]

xlf 14.72 on 1m

[ccash04]

TBT made a nice reversal this morning in the P/M.. if it gets above 34 there is just air to 36

[brosin]

Morning all - I will come up with a big of reading when I get to work; about to walk over.

[abdogman]

xlf 14.76 on 1m
BB's spread xlf fas on top line
macd pos on 1m xlf fas

[ccash04]

We are there.. 1131 is what I want to see...

[ccash04]

We tapped it and couldnt get thru it.. Personally, I thought we would have to gap over it then backtest and go

[abdogman]

macd just went neg on 1m for xlf fas
xlf 14.725 on 1m

[ccash04]

We wait for consumer sentiment to push us over or topple us down I guess.. The way that number goes, it should do well as it just is really a reflection of market sentiment (positive market sentiment its positive) so its really just a feedback loop positive or negative.

[ccash04]

AG names are in the sh*tter

[abdogman]

xlf 14.69 on 1m

[abdogman]

September University of Michigan- prelim 66.6 vs 70.0 Briefing.com consensus; August 68.9

[abdogman]

xlf dropping 14.645 on 1m

[abdogman]

Crude oil to fresh lows following econ data; now lower by 55 cents to $74.02

[ccash04]

Guess not lol.. here we go!

[abdogman]

University of Michigan- prelim lowest since August 2009

[abdogman]

Select US Treasury & fixed income proxy ETFs catch a bid after UofM comes in below street & SPX hits fresh lows

[abdogman]

S&P +0.2 extends back to/stabilizing near the flat line at 1124

[abdogman]

bb's spread now xlf fas on lower band on 1m
macd neg xlf fas on 1m
xlf 14.63 on 1m

[abdogman]

BB's narrowing on 1m xlf fas faz
xlf 14.62 on 1m
macd on xlf fas 0/0

[abdogman]

Treasuries witnessed a brief selloff after the 10-yr dipped below 2.70% following Ireland saying there was no need for IMF money. The 10-yr yield climbed to 2.74% on the announcement before buyers stepped up to the plate forcing yields lower. The knee-jerk reaction to the weaker-than-expected Mich Sentiment data was another round of buying; pushing the 10-yr yield back down towards its session low of 2.694%. The long bond's yield moved lower following the data, but still remains near the midpoint of its move off its low yield of the session. The yield curve continues to flatten following the data, touching 224.0, and revisiting session lows. The long end of the curve is swinging steeper after the data with the 10-30-spread widening to 117.8. Spot gold turned negative, seeing 1272 before bouncing back to 1265.

[Rich]

almost an hour in, looks kinda shitty....oops, poopy.

[abdogman]

xlf 14.64 on 1m
macd has been pos over 10 min on 1m for xlf and fas
BB's Tight on 1m xlf fas faz

[theMIST]

I still see bullish moving averages on S&P

[sp7015]

Bought aapl sept $270 calls for $5.25.

Don't fail me aapl.

[abdogman]

From Mark Chandler at 1023EDT
Ireland's finance minister has denied rumors that it will be seeking IMF assistance. The markets have failed to recover. The euro and sterling are trying to stabilize and the yen and Swiss franc are firm (the latter more than the former).

Perhaps it is because it is Friday and European markets are about to close that there has been little recovery in the fx market.