PPDT - 08/12/2011 Friday - PP-XLF = 12.74

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.74
MP=13.00 R1=13.25 MP=13.44 R2=13.62 MP=14.06 R3=14.50 MP=14.94 R4=15.38
MP=12.56 S1=12.37 MP=12.12 S2=11.86 MP=11.42 S3=10.98 MP=10.54 S4=10.10
O=12.37 H=13.12 L=12.24 C=12.87

FAS PP=14.01
MP=14.75 R1=15.49 MP=16.02 R2=16.54 MP=17.81 R3=19.07 MP=20.34 R4=21.60
MP=13.49 S1=12.96 MP=12.22 S2=11.48 MP=10.22 S3=8.95 MP=7.69 S4=6.42
O=12.9 H=15.07 L=12.54 C=14.43

FAZ PP=62.45
MP=65.58 R1=68.71 MP=73.13 R2=77.54 MP=85.08 R3=92.63 MP=100.17 R4=107.72
MP=58.04 S1=53.62 MP=50.49 S2=47.36 MP=39.81 S3=32.27 MP=24.72 S4=17.18
O=69.32 H=71.27 L=56.18 C=59.89

SPY PP=116.19
MP=118.13 R1=120.06 MP=121.43 R2=122.79 MP=126.09 R3=129.39 MP=132.69 R4=135.99
MP=114.83 S1=113.46 MP=111.53 S2=109.59 MP=106.29 S3=102.99 MP=99.69 S4=96.39
O=113.26 H=118.92 L=112.32 C=117.33

SPG PP=113.02
MP=115.56 R1=118.09 MP=119.87 R2=121.64 MP=125.95 R3=130.26 MP=134.57 R4=138.88
MP=111.25 S1=109.47 MP=106.94 S2=104.40 MP=100.09 S3=95.78 MP=91.47 S4=87.16
O=108.19 H=116.58 L=107.96 C=114.53

GS PP=116.70
MP=118.93 R1=121.15 MP=122.68 R2=124.20 MP=127.95 R3=131.70 MP=135.45 R4=139.20
MP=115.18 S1=113.65 MP=111.43 S2=109.20 MP=105.45 S3=101.70 MP=97.95 S4=94.20
O=112.94 H=119.75 L=112.25 C=118.1

JPM PP=36.21
MP=37.00 R1=37.78 MP=38.33 R2=38.88 MP=40.21 R3=41.55 MP=42.88 R4=44.22
MP=35.66 S1=35.11 MP=34.33 S2=33.54 MP=32.20 S3=30.87 MP=29.53 S4=28.20
O=34.63 H=37.3 L=34.63 C=36.69

MS PP=17.84
MP=18.33 R1=18.82 MP=19.13 R2=19.44 MP=20.24 R3=21.04 MP=21.84 R4=22.64
MP=17.53 S1=17.22 MP=16.73 S2=16.24 MP=15.44 S3=14.64 MP=13.84 S4=13.04
O=17.09 H=18.45 L=16.85 C=18.21

C PP=29.96
MP=30.65 R1=31.33 MP=31.86 R2=32.38 MP=33.59 R3=34.80 MP=36.01 R4=37.22
MP=29.44 S1=28.91 MP=28.23 S2=27.54 MP=26.33 S3=25.12 MP=23.91 S4=22.70
O=29.2 H=31 L=28.58 C=30.29

VIX PP=39.79
MP=40.94 R1=42.09 MP=43.63 R2=45.17 MP=47.86 R3=50.55 MP=53.24 R4=55.93
MP=38.25 S1=36.71 MP=35.56 S2=34.41 MP=31.72 S3=29.03 MP=26.34 S4=23.65
O=41.94 H=42.88 L=37.5 C=39

UUP PP=21.23
MP=21.26 R1=21.29 MP=21.33 R2=21.37 MP=21.44 R3=21.51 MP=21.58 R4=21.65
MP=21.19 S1=21.15 MP=21.12 S2=21.09 MP=21.02 S3=20.95 MP=20.88 S4=20.81
O=21.26 H=21.3 L=21.16 C=21.22

FROM: www.econoday.com

Economic Events & Analysis - 08/12/2011 Friday


8:30 AM ET Retail Sales
9:55 AM ET Consumer Sentiment
10:00 AM ET Business Inventories
10:00 AM ET William Dudley Speaks


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


GOLD

R3 1873.93
R2 1818.13
R1 1793.37

PP 1762.33

S1 1737.57
S2 1706.53
S3 1650.73


SILVER

R3 42.21
R2 40.78
R1 39.73

PP 38.63

S1 37.97
S2 37.20
S3 35.77


IWM

R3 77.36
R2 72.99
R1 71.18

PP 68.62

S1 66.81
S2 64.25
S3 59.88




TNA

R3 51.70
R2 45.99
R1 42.28

PP 40.28

S1 36.57
S2 34.57
S3 28.86



TZA

R3 58.18
R2 50.58
R1 47.37

PP 42.98

S1 39.77
S2 35.38
S3 27.78


SDS

R3 31.26
R2 28.32
R1 26.62

PP 25.38

S1 23.68
S2 22.44
S3 19.50


SSO

R3 48.56
R2 44.48
R1 42.76

PP 40.40

S1 38.68
S2 36.32
S3 32.24

…………………………..GLTA

[ask2lern]

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

Cisco lifts Nasdaq 100 above key level

The indexes went on yet another roller-coaster ride that visited both ends of the spectrum. Much of the early action took place in Europe as gains there evaporated, dragging down U.S. futures in the pre-market.

But a story in the New York Times printed before the open reported that the European Union was considering a temporary ban on short-selling equities. In a moment reminiscent of Wall Street in 2008, Europe reversed higher and our markets opened just as the were nearing the flat line.

Both Europe and U.S. markets powered higher all day, except for a dip in the last five minutes of the session. After market closed yesterday, Reuters reported that France's Autorite des Marches Financiers had banned short-sales in financial institutions and insurance companies.

The bad news, if we can call it that, is that we had another extreme range day. This makes the price action a little more suspect than it might otherwise have been and leaves us once again without easy trading ranges. We still are not in anything resembling a normal pricing environment.

There is an important factor that distinguishes the Nasdaq 100 from the S&P 500 and the Russell 2000. Fueled largely by positive earnings results from Cisco, the NDX was able to break above Monday's highs and close higher than them. As I suggested on Tuesday, that was a pre-condition for being able to call a turn higher.

The Nasdaq 100 now faces resistance at its 10-day moving average, last at 2218.53. A move to that area would put the index back above the lows of the previous trading range for the year-to-date period. Support is at 2142.31.

The S&P 500 briefly also made it above Monday's high but failed to hold onto that gain. The price bar for today actually looks like an inversion of Tuesday's, with the highs of the rest of the week almost exactly where we closed today.

The SPX's last four days therefore look like a large block with two wicks above and below the block that broke below and above the range. That symmetry gives us resistance at the highs of the day at 1186.29. Support is at 1159.71.

The Russell 2000's chart looks close to that of the S&P 500, but it has made a series of higher lows versus the near perfect symmetry of the SPX. It has resistance at 705.15, which is Monday's high. Support is at 686.50.

[ask2lern]

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

Retail, inventory, consumer data on tap

Today's economic calendar features retail sales, consumer sentiment, and business inventories data.

Retail Sales will be released at 8:30 a.m. ET. Consensus calls for a gain of 0.5 percent in the last month. Including auto sales, that number is expected to show a 0.2 percent gain from estimates that range from a bearish 0.1 percent to a bullish 1.5 percent. Without autos, the range is from a bearish -0.2 percent to a bullish 1.6 percent.

The mid-month reading for the Reuters/University of Michigan Consumer Sentiment Index will be reported at 9:55 a.m. ET. Very little change is expected from the previous survey, with a drop to 63 from the previous 63.7. Forecasts range from a bearish 59 to a bullish 66.

Business Inventories will be released at 10 a.m. ET. Growth in inventories is expected at a 0.5 percent gain. Estimates range from 0.3 percent to 1.2 percent.

[kryptos2009]

A2L, is there a good website to get real time silver prices during the day?

[ask2lern]

Aug 12, 2011 6:31:37 GMT -5 kryptos2009 said:

A2L, is there a good website to get real time silver prices during the day?

I really do not know which is best........I have a subscriber service but also I keep the kcast app running........seems to pretty close to kitco quotes but I know there is a slight delay.....also many dealers use Amark.com but I think that has a bigger delay......
You can google Kcast to get the app for free.................. GL

[ask2lern]

CNBCtopStories CNBC Top Stories
by 5xBEAR
Fed Now More Likely to Do Third Round of Easing: Pros bit.ly/onkVQS $HGAFX #WesternEurope #EasternEurope #TreasuryDepartment
24 minutes ago Favorite Retweet Reply

[ask2lern]

Friday's Max pain currently between 118 & 119. $SPY chart.ly/2tu448y

[kryptos2009]

A2L, Thanks for the info

[ask2lern]

There is a gap on the 30min Spy above at 119.18 from last Tuesday...........

[ask2lern]

I am watching SPY 117.79 as S for now.......................GLTA

[ask2lern]

RMBrenna RMBrenna
$XLF: they also added 200,027 Sep 12 puts and 65,027 Oct 11 calls to open interest $$
7 minutes ago Favorite Retweet Reply »
RMBrenna RMBrenna
$XLF largest OI change. Traders added 238,327 Sep 10 puts to open interest! ##
7 minutes ago Favorite Retweet Reply

[ask2lern]

RMBrenna RMBrenna
$SPX: traders added 23K June 700 puts, largest open interest change in the index $$
6 minutes ago Favorite Retweet Reply

.......................hmmmmmmmmmmm

[Clinton SPX]

so wachovia becomes wells fargo and on day two the hit me with a $25 fee for analysis on my account.

[Clinton SPX]

Man, blue horse shoe still likes BCON 10% gap up

Its still a turd

[timber]

Aug 12, 2011 8:26:45 GMT -5 Clinton SPX said:

so wachovia becomes wells fargo and on day two the hit me with a $25 fee for analysis on my account.

hey clinton....i got a charge on my acount too when mine swithed

[ask2lern]

Aug 12, 2011 8:02:23 GMT -5 ask2lern said:

There is a gap on the 30min Spy above at 119.18 from last Tuesday...........

HOD so far 119.17...................Close enough IMO..................GL

[Clinton SPX]

my scottrader is unusable, anyone else having probs?

[Clinton SPX]

every time vol picks up it slows to a freeze

[Clinton SPX]

OK works fine on my apple laptop but both comps with win XP dont run right
hmmmmmmmmmmmmmm

[Clinton SPX]

OK, BTW I bought this dip

[Clinton SPX]

Out of scalp for 1% gain

[elle]

somebody (ies) has been selling iwm all day, keeping it down. Mebe we get another run and see take out hod.

I forget to tell you. Leaving for NYC so, Jack, if you hear of squirrel creating havoc in Times Sq, you'll know who it is. Not sure if can trade next week, if not see you in a couple.

[elle]

iwm has been hung up under 60' 50 all day, this may be it's last chance. not sure waht spy''s problem is, its already thru. $$ flos selling longs, buying shorts all day, but market not falling off - mebe just short covering

[Clinton SPX]

sure looks like a dump into the close

[crumbdon]

Aug 12, 2011 14:14:34 GMT -5 Clinton SPX said:

sure looks like a dump into the close

I thought so too. Someone with a whole lotta long dollars wants SPY 118 to hold. Really bad.

Kinda amazing that it is, all things considered.