PPDT - 09/02/2011 Friday - PP-XLF = 13.19

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.19
MP=13.25 R1=13.31 MP=13.43 R2=13.55 MP=13.73 R3=13.91 MP=14.09 R4=14.27
MP=13.07 S1=12.95 MP=12.89 S2=12.83 MP=12.65 S3=12.47 MP=12.29 S4=12.11
O=13.37 H=13.42 L=13.06 C=13.08

FAS PP=14.99
MP=15.19 R1=15.39 MP=15.78 R2=16.16 MP=16.74 R3=17.33 MP=17.91 R4=18.50
MP=14.61 S1=14.22 MP=14.02 S2=13.82 MP=13.23 S3=12.65 MP=12.06 S4=11.48
O=15.57 H=15.75 L=14.58 C=14.63

FAZ PP=53.33
MP=54.60 R1=55.86 MP=56.52 R2=57.17 MP=59.09 R3=61.01 MP=62.93 R4=64.85
MP=52.68 S1=52.02 MP=50.76 S2=49.49 MP=47.57 S3=45.65 MP=43.73 S4=41.81
O=51.44 H=54.65 L=50.81 C=54.54

SPY PP=121.71
MP=122.17 R1=122.63 MP=123.48 R2=124.33 MP=125.64 R3=126.95 MP=128.26 R4=129.57
MP=120.86 S1=120.01 MP=119.55 S2=119.09 MP=117.78 S3=116.47 MP=115.16 S4=113.85
O=122.29 H=123.4 L=120.78 C=120.94

SPG PP=117.73
MP=118.20 R1=118.67 MP=119.28 R2=119.89 MP=120.97 R3=122.05 MP=123.13 R4=124.21
MP=117.12 S1=116.51 MP=116.04 S2=115.57 MP=114.49 S3=113.41 MP=112.33 S4=111.25
O=117.87 H=118.94 L=116.78 C=117.46

GS PP=113.10
MP=113.86 R1=114.61 MP=115.83 R2=117.05 MP=119.03 R3=121.00 MP=122.98 R4=124.95
MP=111.88 S1=110.66 MP=109.91 S2=109.15 MP=107.18 S3=105.20 MP=103.23 S4=101.25
O=115.55 H=115.55 L=111.6 C=112.16

JPM PP=36.80
MP=37.06 R1=37.32 MP=37.83 R2=38.33 MP=39.10 R3=39.86 MP=40.63 R4=41.39
MP=36.30 S1=35.79 MP=35.53 S2=35.27 MP=34.51 S3=33.74 MP=32.98 S4=32.21
O=37.62 H=37.82 L=36.29 C=36.3

MS PP=17.13
MP=17.24 R1=17.35 MP=17.56 R2=17.76 MP=18.08 R3=18.39 MP=18.71 R4=19.02
MP=16.93 S1=16.72 MP=16.61 S2=16.50 MP=16.19 S3=15.87 MP=15.56 S4=15.24
O=17.5 H=17.55 L=16.92 C=16.93

C PP=30.35
MP=30.53 R1=30.70 MP=31.05 R2=31.40 MP=31.93 R3=32.45 MP=32.98 R4=33.50
MP=30.00 S1=29.65 MP=29.48 S2=29.30 MP=28.78 S3=28.25 MP=27.73 S4=27.20
O=30.93 H=31.05 L=30 C=30

VIX PP=31.65
MP=32.10 R1=32.55 MP=32.91 R2=33.27 MP=34.08 R3=34.89 MP=35.70 R4=36.51
MP=31.29 S1=30.93 MP=30.48 S2=30.03 MP=29.22 S3=28.41 MP=27.60 S4=26.79
O=31.91 H=32.38 L=30.76 C=31.82

UUP PP=21.17
MP=21.20 R1=21.22 MP=21.26 R2=21.29 MP=21.35 R3=21.41 MP=21.47 R4=21.53
MP=21.14 S1=21.10 MP=21.08 S2=21.05 MP=20.99 S3=20.93 MP=20.87 S4=20.81
O=21.15 H=21.23 L=21.11 C=21.16

FROM: www.econoday.com

Economic Events & Analysis - 09/02/2011 Friday


Monster Employment Index

8:30 AM ET Employment Situation


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

R4 1881.27
R3 1862.07
R2 1842.87
R1 1834.63

PP 1823.67

S1 1815.43
S2 1804.47
S3 1785.27


SILVER

R4 43.95
R3 43.15
R2 42.35
R1 41.98

PP 41.55

S1 41.18
S2 40.75
S3 39.95


IWM

R3 77.68
R2 74.74
R1 72.92

PP 71.80

S1 69.98
S2 68.86
S3 65.92




TNA

R3 59.15
R2 53.23
R1 49.51

PP 47.31

S1 43.59
S2 41.39
S3 35.47



TZA

R3 51.35
R2 46.52
R1 44.71

PP 41.69

S1 39.88
S2 36.86
S3 32.03


SDS

R3 24.65
R2 23.69
R1 23.34

PP 22.73

S1 22.38
S2 21.77
S3 20.81


SSO

R3 47.66
R2 45.78
R1 44.48

PP 43.90

S1 42.70
S2 42.02
S3 40.15

…………………………..GLTA

[ask2lern]

From www.optionmonster.com ....................COM

All eyes on payroll report

Today's economic news is dominated by the August The Employment Situation Report will at 8:30am ET. There are two parts to the report, each derived from separate surveys. The two do not always agree in direction or magnitude as a result.

The establishment survey produces the non-farm payrolls number. Economists expect an increase of 75,000 jobs, which would be a drop from the previous month's 117,000. Unlike the ADP number earlier this week, non-farm payrolls also consider the impact of government hiring and layoffs. The range of estimates for non-farm payrolls is from a loss of 25,000 jobs to a gain of 160,000 jobs. With a range this large, it may be difficult for the number to surprise the market unless it's extremely good or extremely bad.

If the it's outside of the range, the market's reaction will probably be much greater than normal. A key sub-component of the data relates to private payrolls, where jobs are expected to have grown by 105,000. That would be down from the previous month's 154,000 reading. Economists on the low end expect private-sectors payrolls to fall by 5,000, which would be bearish. On the high end, they forecast a bullish gain of 180,000. Traders watch private payrolls as a means of gauging the health of businesses. Hiring means expansion, whereas mediocre numbers or poor ones can mean stagnation to contraction in the business environment.

The household survey is used to calculate the unemployment rate. Consensus calls for no change in the rate, which was last at 9.1 percent. The range is very small at 9 at the low, which would be bullish, to 9.2 at the high, which would be bearish. With the range so small, there could be a surprise to the upside or downside. A break below 9 percent would be bullish, while a number at or above 9.3 percent would be bearish.

[ask2lern]

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

Key day for indexes

Stocks were volatile on Thursday ahead of today's key employment report at 8:30am ET. The price range remained wide, which forces me to estimate the levels with a greater latitude than would typically be the case. Depending on the data, all levels could be broken in an extreme case.

The Nasdaq 100's levels remain as they were on Thursday morning with some minor differences to reflect changes in moving average values. Both the S&P 500 and the Russell 2000 broke their first layer of support, which becomes resistance for today. Each gets a new and additional support level as a result.

For the Nasdaq 100, support is at 2214.26. Below that level the next support is at 2180.94, and then 2154.92, its 10-day moving average.
Resistance is now at 2256.70, and then at 2286.71, its 200-day moving average.

The S&P 500 has support at 1189.04. Support below that level is at its 10-day moving average at 1176.97, and then at 1162.16. Resistance is now at its August 17th high at 1208.47, then at 1227.08, and above that at 1243.75.

The Russell 2000 has support at 697.78. Support below there is at at 690.46, and then at 681.43. Resistance is at its August 16th high of 718.59, then at 735.86, and 750.06.

[ask2lern]

Monster Employment Index U.S. Rises 8% Year-over-Year; Edges up 2% Month-over-Month

[Clinton SPX]

ES has been in a down channel for hours, man this will suck if it doesnt break for the upside

[Clinton SPX]

No gain in jobs total
less gov jobs

[ask2lern]

TonyFratto Tony Fratto
Payrolls net zero; Unemployment Rate steady at 9.1%; Revisions down total -58k for June & July.
41 seconds ago Favorite Retweet Reply

[ask2lern]

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 41 points or -1.86% downside to 1182 and 1.54% upside to 1223.
9 minutes ago Favorite Retweet Reply

[ask2lern]

Attitrade Darren Miller
Tendency is for low to be in by 11 then grind higher on bad jobs data. See if that holds true, esp going into 3-day weekend.
13 minutes ago Favorite Retweet Reply

[brosin]

morning gang and thanks for all the info!

[Clinton SPX]

Bros we are going to get kicked in the nuts on this open

[Clinton SPX]

OK lets see if everyone that just dumped their oil stocks remembers there's a hurricane coming

[Clinton SPX]

wow Samson oil gapped down -9%

[Clinton SPX]

two days of selling followed by a large gap down

Id say no change in employment is overly priced in now

[Clinton SPX]

svm goes green
go Maxi!

[Clinton SPX]

lots of buying now LOL

[Clinton SPX]

bloomberg talking about how this sell off is low vol

[Clinton SPX]

bull flag on crude

[Clinton SPX]

ugly flag failure

[Rich]

I think we take off next week broccoli dude.

[Clinton SPX]

spy cant get over the 20ma 10m we usually close at the low of the day when that happens

[Clinton SPX]

anyone got a spare 2 oclock rally?

[Rich]

not feeling it, worried about monday too

check that, tuesday

[Clinton SPX]

for every seller theres a buyer
someones buying at this level

[Rich]

I would tend to agree, it would take a huge macro event to send us down to lower lows right now.

It's a possibility, but not bloody likely

[Clinton SPX]

Im adding to my scalp here

[Clinton SPX]

Might be a topping crown on UUP
if we can get a dollar drop might be helpful

[Rich]

I think Cos should make us fastopia t-shirts that says

"What...me argue?"

[Rich]

they're fairly cheap if you buy like 50 of them...hint hint