PPDT - 08/16/2011 Tuesday - PP-XLF = 13.11

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.11
MP=13.20 R1=13.28 MP=13.33 R2=13.37 MP=13.50 R3=13.63 MP=13.76 R4=13.89
MP=13.07 S1=13.02 MP=12.94 S2=12.85 MP=12.72 S3=12.59 MP=12.46 S4=12.33
O=12.94 H=13.2 L=12.94 C=13.19

FAS PP=15.10
MP=15.37 R1=15.64 MP=15.78 R2=15.91 MP=16.32 R3=16.72 MP=17.13 R4=17.53
MP=14.97 S1=14.83 MP=14.56 S2=14.29 MP=13.89 S3=13.48 MP=13.08 S4=12.67
O=14.67 H=15.38 L=14.57 C=15.36

FAZ PP=56.67
MP=57.27 R1=57.86 MP=59.02 R2=60.18 MP=61.94 R3=63.69 MP=65.45 R4=67.20
MP=55.51 S1=54.35 MP=53.76 S2=53.16 MP=51.41 S3=49.65 MP=47.90 S4=46.14
O=58.74 H=58.99 L=55.48 C=55.54

SPY PP=120.12
MP=120.68 R1=121.24 MP=121.55 R2=121.86 MP=122.73 R3=123.60 MP=124.47 R4=125.34
MP=119.81 S1=119.50 MP=118.94 S2=118.38 MP=117.51 S3=116.64 MP=115.77 S4=114.90
O=119.19 H=120.74 L=119 C=120.62

SPG PP=115.37
MP=116.07 R1=116.77 MP=117.14 R2=117.50 MP=118.57 R3=119.63 MP=120.70 R4=121.76
MP=115.01 S1=114.64 MP=113.94 S2=113.24 MP=112.18 S3=111.11 MP=110.05 S4=108.98
O=114.73 H=116.11 L=113.98 C=116.03

GS PP=118.28
MP=119.42 R1=120.55 MP=121.27 R2=121.98 MP=123.83 R3=125.68 MP=127.53 R4=129.38
MP=117.57 S1=116.85 MP=115.72 S2=114.58 MP=112.73 S3=110.88 MP=109.03 S4=107.18
O=117.57 H=119.7 L=116 C=119.13

JPM PP=36.80
MP=37.01 R1=37.22 MP=37.39 R2=37.55 MP=37.93 R3=38.30 MP=38.68 R4=39.05
MP=36.64 S1=36.47 MP=36.26 S2=36.05 MP=35.68 S3=35.30 MP=34.93 S4=34.55
O=36.53 H=37.14 L=36.39 C=36.88

MS PP=17.69
MP=17.94 R1=18.19 MP=18.33 R2=18.46 MP=18.85 R3=19.23 MP=19.62 R4=20.00
MP=17.56 S1=17.42 MP=17.17 S2=16.92 MP=16.54 S3=16.15 MP=15.77 S4=15.38
O=17.36 H=17.96 L=17.19 C=17.92

C PP=30.95
MP=31.30 R1=31.64 MP=31.83 R2=32.02 MP=32.55 R3=33.09 MP=33.62 R4=34.16
MP=30.76 S1=30.57 MP=30.23 S2=29.88 MP=29.34 S3=28.81 MP=28.27 S4=27.74
O=30.59 H=31.32 L=30.25 C=31.27

VIX PP=32.72
MP=33.35 R1=33.98 MP=35.03 R2=36.08 MP=37.76 R3=39.44 MP=41.12 R4=42.80
MP=31.67 S1=30.62 MP=29.99 S2=29.36 MP=27.68 S3=26.00 MP=24.32 S4=22.64
O=34.73 H=34.83 L=31.47 C=31.87

UUP PP=21.01
MP=21.03 R1=21.05 MP=21.08 R2=21.10 MP=21.15 R3=21.19 MP=21.24 R4=21.28
MP=20.99 S1=20.96 MP=20.94 S2=20.92 MP=20.88 S3=20.83 MP=20.79 S4=20.74
O=21.05 H=21.06 L=20.97 C=21

FROM: www.econoday.com

Economic Events & Analysis - 08/16/2011 Tuesday


7:45 AM ET ICSC-Goldman Store Sales
8:30 AM ET Housing Starts
8:30 AM ET Import and Export Prices
8:55 AM ET Redbook
9:15 AM ET Industrial Production
10:00 AM ET E-Commerce Retail Sales
11:30 AM ET 4-Week Bill Auction


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 1816.40
R2 1779.70
R1 1763.50

PP 1743.00

S1 1726.80
S2 1706.30
S3 1669.60


SILVER

R3 41.81
R2 40.76
R1 40.39

PP 39.71

S1 39.34
S2 38.66
S3 37.61


IWM

R3 74.22
R2 72.77
R1 72.27

PP 71.32

S1 70.82
S2 69.87
S3 68.42




TNA

R3 51.81
R2 48.38
R1 46.69

PP 44.95

S1 43.26
S2 41.52
S3 38.09



TZA

R3 53.57
R2 50.79
R1 49.81

PP 48.01

S1 47.03
S2 45.23
S3 42.45


SDS

R3 25.16
R2 24.44
R1 23.96

PP 23.72

S1 23.24
S2 23.00
S3 22.28


SSO

R3 45.42
R2 44.21
R1 43.79

PP 43.00

S1 42.58
S2 41.79
S3 40.58

…………………………..GLTA

[ask2lern]

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

Indexes easily break resistance levels

The indexes had a third straight day of gains yesterday, albeit on light volume. While ranges were much smaller than we had seen last week, they are still a bit more extended than average. As a result, resistance levels were easily breached and support levels need to be rolled up to previous resistance.

If a fourth day of gains is in the cards, it will be the Nasdaq 100 that becomes the first of the indexes to vacate most of the technical damage done in the last several weeks. It was the last of the indexes to actually show difficulty in making new highs in recent months.

Both the S&P 500 and the Russell 2000 were much weaker on a relative basis going back several months. They both still have a long way to go in terms of repair.

For the S&P 500, a fourth sector turned positive today--energy--and showed the best relative strength for the last several days. It was down more than 11 percent on a year-to-date basis just four days ago but has rebounded nearly 13 percent from its lows.

That was a big contributor to the upside today, given its weight. The defensive sectors did well today with utilities, consumer staples, and health care all strong. This still suggests that investors and traders are hiding out in the most risk-averse sectors of the index, though one might have been hard pressed to guess that by yesterday's index gains.

The Russell 2000 was the best relative performer on the day, finishing up more than 3 percent.

Nasdaq 100 (NDX)
First support is at 2186.46, its 10-day moving average. First resistance is at 2234.94.

For the PowerShares QQQ (QQQ) first support is at $53.65, its 10-day moving average. First resistance is at $55.32.

S&P 500 (SPX)
First support is at 1188.25, its 10-day moving average. First resistance is at 1219.50.

For the SPDR S&P 500 (SPY) first support is at $119.01, its 10-day moving average. First resistance is at $122.41.

Russell 2000 (RUT)
First support is at 705.64. First resistance is at 736.52.

For the iShares Trust Russell 2000 Index Fund (IWM) first support is at $70.60. First resistance is at $73.75.

[ask2lern]

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

Housing, retail, trade data on calendar

Today's economic calendar includes the weekly retail sales numbers, housing data, industrial production, and import and export prices.

There is also an e-commerce retail number that will be reported at 10 a.m. ET, which is a subcomponent of the retail sales report from last week. No consensus data is available for e-commerce sales, but it could move Amazon.com and other online retailers.

At 7:45 a.m. ET, the weekly ICSC/Goldman Store Sales report will be released. There are two parts to the report, the week-over-week and year-over-year changes. Most traders focus on the year-over-year number because it is a better indicator of the longer-term trend.

The last week-over-week change came in at -0.5 percent, while the year-over-year reading was 3.6 percent. Stronger-than-expected positive numbers would be seen as bullish, while negative numbers would be bearish.

Housing Starts data comes out at 8:30 a.m. ET. Consensus calls for housing starts of 0.6 million units, which would be a drop from the previous month's 0.629 million units. Estimats range from a bearish 0.57 million units to a more bullish 0.65 million units.

Import and Export prices will be released at 8:30 a.m. ET. Export prices are expected to rise by 0.1 percent, while import prices are expected to come in at -0.1 percent. That would be an ideal outcome as dropping import prices help with inflationary pressure and higher export prices tend to help the bottom line of multi-nationals.

For export prices, the range is from a bearish -0.2 percent to a bullish 0.3 percent. Estimates for imports range from a bullish -1.8 percent to a bearish 0.5 percent.

The weekly Redbook Store Sales will be reported at 8:55 a.m. ET. As with the ICSC-Goldman report, there are two components to watch. One is the more volatile month-over-month change, and the other is the year-over-year reading, which shows the broader trend best.

The last month-over-month change was 0.7 percent. The previous report's year-over-year data showed a gain of 4.8 percent. Negative numbers in either series would be bearish.

Industrial Production data comes out at 9:15 a.m. ET. Consensus calls for a gain of 0.5 percent. Forecasts range from a reading of just 0.1 percent to a bullish 1 percent. Because no negative numbers are in the range, a drop in production would be a negative surprise to markets.

[ask2lern]

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 159 points or -8.84% downside to 1098 and 4.36% upside to 1257. $SPY
50 minutes ago Favorite Retweet Reply

[ask2lern]

terranovajoe Joe Terranova
Germany's 2Q GDP comes in at +0.1% below +0.5% estimates and below 1Q GDP of +1.3%
2 hours ago Favorite Retweet Reply

Global Slowdown?....................GL

[ask2lern]

zerohedge zerohedge
Retail Sales Slowed to 3.5% Vs Year Ago, ICSC/Goldman Says
2 minutes ago Favorite Retweet Reply

[ask2lern]

ThemisSal Sal Arnuk
RT @jmarkpulse: You cannot build an economy on bailouts and handouts.
8 minutes ago Favorite Retweet Reply

[Clinton SPX]

I see everyone is back to freaking out.
ITMS says the low is in till mid Sept BUT dont be silly and think the market is going to move in a straight line.

Now I say, THe 5m, 10m, 1 hour stochs were all overbought. OF COURSE WE ARE DUE FOR A PULL BACK...

Ill be buying this dip, tricky part is finding the bottomof this lil dip

[timber]

housing starts and import prices

[timber]

housing starts down 1.5 .....import prices up .3.....export prices down .4

[Clinton SPX]

man, they are dropping price of oil. Pit opens at 9am I bet buyers come rushing in at sub 86

[Clinton SPX]

Ah man lets get this market open. Pit buyers are grabbing all the oil

[Clinton SPX]

son of a B oil up a dollar since 9am

[Clinton SPX]

SPY and QQQ getting bought up pre market

[Clinton SPX]

Long for a scalp here

[Clinton SPX]

Bad entry and of course my comp locks up
*sigh*

[Clinton SPX]

oil very bullish since 9am

[Clinton SPX]

we got almost a perfect 5m sine wave on the spy

[Clinton SPX]

switching to auto pilot
BBL
GL Traders

[Clinton SPX]

Gap fill

Attachments:

[exabi]

Sold TZA from yesterday for 2% gain

[Clinton SPX]

Look how the robots took it just low enough to stop out anyone that used this mornings low as their stop

spy back above that morning low already

[Rich]

bounced right on the big bull trendline, 1182ish. I think they did it for giggles.

gonna bust thru and down

[Clinton SPX]

if they can rally this into the close might get a bullish engulf

[Clinton SPX]

NM someone unloaded on the ES sheesh