PPDT - 09/01/2011 Thursday - PP-XLF = 13.37

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.37
MP=13.43 R1=13.49 MP=13.55 R2=13.60 MP=13.72 R3=13.83 MP=13.95 R4=14.06
MP=13.32 S1=13.26 MP=13.20 S2=13.14 MP=13.03 S3=12.91 MP=12.80 S4=12.68
O=13.33 H=13.48 L=13.25 C=13.38

FAS PP=15.58
MP=15.78 R1=15.98 MP=16.17 R2=16.36 MP=16.75 R3=17.14 MP=17.53 R4=17.92
MP=15.39 S1=15.20 MP=15.00 S2=14.80 MP=14.41 S3=14.02 MP=13.63 S4=13.24
O=15.5 H=15.95 L=15.17 C=15.61

FAZ PP=51.41
MP=52.06 R1=52.71 MP=53.43 R2=54.14 MP=55.50 R3=56.87 MP=58.23 R4=59.60
MP=50.70 S1=49.98 MP=49.33 S2=48.68 MP=47.31 S3=45.95 MP=44.58 S4=43.22
O=51.75 H=52.83 L=50.1 C=51.29

SPY PP=122.34
MP=122.87 R1=123.39 MP=123.97 R2=124.55 MP=125.66 R3=126.76 MP=127.87 R4=128.97
MP=121.76 S1=121.18 MP=120.66 S2=120.13 MP=119.03 S3=117.92 MP=116.82 S4=115.71
O=122.46 H=123.51 L=121.3 C=122.22

SPG PP=117.03
MP=117.74 R1=118.44 MP=118.91 R2=119.37 MP=120.54 R3=121.71 MP=122.88 R4=124.05
MP=116.57 S1=116.10 MP=115.40 S2=114.69 MP=113.52 S3=112.35 MP=111.18 S4=110.01
O=116.97 H=117.97 L=115.63 C=117.5

GS PP=116.23
MP=117.01 R1=117.79 MP=118.58 R2=119.36 MP=120.93 R3=122.49 MP=124.06 R4=125.62
MP=115.45 S1=114.66 MP=113.88 S2=113.10 MP=111.54 S3=109.97 MP=108.41 S4=106.84
O=115.4 H=117.8 L=114.67 C=116.22

JPM PP=37.60
MP=37.80 R1=37.99 MP=38.20 R2=38.41 MP=38.82 R3=39.22 MP=39.63 R4=40.03
MP=37.39 S1=37.18 MP=36.99 S2=36.79 MP=36.39 S3=35.98 MP=35.58 S4=35.17
O=37.42 H=38.03 L=37.22 C=37.56

MS PP=17.44
MP=17.62 R1=17.79 MP=17.93 R2=18.07 MP=18.39 R3=18.70 MP=19.02 R4=19.33
MP=17.30 S1=17.16 MP=16.99 S2=16.81 MP=16.50 S3=16.18 MP=15.87 S4=15.55
O=17.21 H=17.73 L=17.1 C=17.5

C PP=31.12
MP=31.30 R1=31.47 MP=31.69 R2=31.90 MP=32.29 R3=32.68 MP=33.07 R4=33.46
MP=30.91 S1=30.69 MP=30.52 S2=30.34 MP=29.95 S3=29.56 MP=29.17 S4=28.78
O=31.23 H=31.54 L=30.76 C=31.05

VIX PP=31.44
MP=32.08 R1=32.71 MP=33.26 R2=33.81 MP=34.99 R3=36.18 MP=37.36 R4=38.55
MP=30.89 S1=30.34 MP=29.71 S2=29.07 MP=27.88 S3=26.70 MP=25.51 S4=24.33
O=31.2 H=32.53 L=30.16 C=31.62

UUP PP=21.04
MP=21.07 R1=21.10 MP=21.12 R2=21.13 MP=21.18 R3=21.22 MP=21.27 R4=21.31
MP=21.03 S1=21.01 MP=20.98 S2=20.95 MP=20.91 S3=20.86 MP=20.82 S4=20.77
O=20.98 H=21.07 L=20.98 C=21.07

FROM: www.econoday.com

Economic Events & Analysis - 09/01/2011 Thursday


Weekly Bill Settlement
Chain Store Sales
Monster Employment Index
Motor Vehicle Sales

8:30 AM ET Jobless Claims
8:30 AM ET Productivity and Costs
9:45 AM ET Bloomberg Consumer Comfort Index
10:00 AM ET ISM Mfg Index
10:00 AM ET Construction Spending
10:30 AM ET EIA Natural Gas Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill Announcement
12:00 PM ET Elizabeth Duke Speaks
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply


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 1886.00
R2 1855.80
R1 1840.50

PP 1825.60

S1 1810.30
S2 1795.40
S3 1765.20


SILVER

R3 43.75
R2 42.68
R1 42.15

PP 41.61

S1 41.08
S2 40.54
S3 39.47


IWM

R3 76.79
R2 74.80
R1 73.73

PP 72.81

S1 71.74
S2 70.82
S3 68.83




TNA

R3 57.41
R2 53.38
R1 51.15

PP 49.35

S1 47.12
S2 45.32
S3 41.29



TZA

R3 46.50
R2 43.26
R1 41.79

PP 40.02

S1 38.55
S2 36.78
S3 33.54


SDS

R3 24.18
R2 23.34
R1 22.93

PP 22.50

S1 22.09
S2 21.66
S3 20.82


SSO

R3 47.51
R2 45.92
R1 45.04

PP 44.33

S1 43.45
S2 42.74
S3 41.15

…………………………..GLTA

[ask2lern]

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


Normalcy for the ranges

Wednesday was an indecisive session for the indexes, which failed to maintain an earlier advance. The changes were minor overall, and the Nasdaq 100 and the S&P 500 rose enough to move initial resistance higher by a notch.

While yesterday's price range was more normal in terms of percentage move, the big swings may return. If that trend continues today, I will return to the previous support and resistance format.

For the Nasdaq 100, support is at 2214.26. Below that level the next support is at 2180.94. Resistance is now at 2256.70, and then at 2285.52, its 200-day moving average. The Nasdaq 100 is the one index of the group that remains above its prior year-to-date low, before the break of that previous low of the range in very early August.

The S&P 500 has support at its high of August 17th at 1208.47. Support below that levels is at 1189.04, and then its 10-day moving average at 1170.59. Resistance is now at 1227.08, with next resistance above that at 1243.75.

The Russell 2000 has support at its August 16th high of 718.59. Support below there is at 697.78, and then at 690.46. Resistance is at 735.86, and then at 750.06.

[ask2lern]

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

Calendar points to volatile morning

The calendar is choked with activity today, including jobless claims, construction spending and manufacturing data.

Given the range and number of reports, there could be significant volatility in the morning.
Retailers will report August same-store sales starting early in the morning, and the process may continue 30 minutes into the trading session. That will probably cause retail-sector ETFs to be active, along with the individual company stocks.

Motor Vehicle Sales are reported by each manufacturer on an independent basis. There is no fixed timetable for the releases, but they typically begin sometime after market open and extend toward the mid-session. General Motors, Ford, Tata Motors, Honda, and Toyota are likely to be active.

The Monster Employment Index comes out at 6am ET. The index tracks online help wanted ads and is generally considered to be a leading indicator of future employment trends. There are no estimates made for this report. In the prior month the index came in at 144. A reading at or above 150 would be considered bullish, whereas one at or below 140 would be considered bearish.

At 8:30am ET, weekly jobless-claims data comes out. Most economists expect 410,000, down from the previous week's 417,000. The range of expected values is from 400,000 at the low, which would be bullish, to a high of 425,000, which would be bearish.

Second-quarter labor productivity and costs will also be released at 8:30am ET. Productivity is seen dropping by -0.5 percent. The range is from a deeper and thus bearish loss of -1 percent, to a small loss of -0.1 percent. Labor costs are expected to grow by 2.4 percent. The range is from a smaller gain of 2 percent at the low, to 3.7 percent at the high. A high number could be seen as an indicator that profits are getting squeezed, and that companies lack pricing power.

The August ISM Manufacturing Index follows at 10 am ET. Most economists expect a drop to 48.5 from last month's 50.9 reading. Figures below 50 are indicative of contraction. The range of forecasts is from a deeper bearish drop to 44 at the low, to a more bullish reading of 52 at the high. There is a prices-paid component in the report which is expected to come in at 55, down from the previous month's 59.

The July construction spending figure will be the last report of the day, at 10am ET. The forecast is that spending grew by 0.2 percent month-over-month, in line with the gain of the previous month. Estimates range from a bearish drop of -0.3 percent to a bullish gain of 1 percent.

[ask2lern]

@hedgeye
Hedgeye As we look at today’s set up for the S&P 500, the range is 31 points or -1.30% downside to 1203 and 1.24% upside to 1234. $SPY

[ask2lern]

Nouriel Nouriel Roubini
Chatter based on rumors or what? "@bergencapital: Hearing chatter ISM to be 43.50 (cons 48.50)"
1 hour ago Favorite Retweet Reply

[ask2lern]

carlquintanilla Carl Quintanilla
by carney
Sept. is notorious for being the worst month for #stocks. But not true for 2010 (up 9%), or 2009 (up 4%). #yay
11 minutes ago Favorite Retweet Reply

[ask2lern]

11:00: QE Lite POMO. The Open Market Desk will buy nominal Treasury coupons in the 03/15/2014 - 08/31/2015 maturity range.

[timber]

jobless claims in three minutes

[rex]

Sept 1, 2011 7:26:28 GMT -5 timber said:

jobless claims in three minutes

409k...still bad enough to climb the wall of worry! Productivity down .7% too.

[timber]

[Clinton SPX]

dont think we are going to get a buyable dip on the open

[Clinton SPX]

SNSS gaps up every morning lately
and sells off rest of the day it seems

[Clinton SPX]

fins sucking so far

[Clinton SPX]

Chevron Closely Monitoring Tropical Disturbance In Gulf Of Mexico

[maxi]

Sept 1, 2011 7:55:12 GMT -5 timber said:

So where are we on that chart?

[Clinton SPX]

damn it they raised the ask 1 sec before i bid grrrrrrrrrrr

[Clinton SPX]

look at everything taking off now

[Clinton SPX]

SVM 8.35 sitting on the 200ma 10m

[Clinton SPX]

adding to long scalp

[kryptos2009]

Buy - (1) AGQ Sep 17 200.0 Call @ 30.00 (10:01 ET)
Sell - (1) AGQ Sep 17 200.0 Call @ 33.00 (11:11 ET)

+9.22% / $278.52

;D that was fun!!

[brosin]

Nice Krypt!

[Clinton SPX]

Sept 1, 2011 9:19:11 GMT -5 Clinton SPX said:

SVM 8.35 sitting on the 200ma 10m

8.56 now

[crumbdon]

GS no longer dropping (for now). Wants to find a floor around 113.50. May bode well for an afternoon rally.

Probably dump my FAZ soon while I have a tidy profit.

[Clinton SPX]

GM had great numbers, look at the robots making stops cough up their shares

[crumbdon]

Sept 1, 2011 12:20:37 GMT -5 crumbdon said:

GS no longer dropping (for now). Wants to find a floor around 113.50. May bode well for an afternoon rally.

Probably dump my FAZ soon while I have a tidy profit.

Please disregard this entire post.

[Clinton SPX]

Robots, keep bringing her down. Blue light special