PPDT - 10/04/2011 Tuesday - PP-XLF = 11.49

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=11.49
MP=11.61 R1=11.73 MP=11.95 R2=12.17 MP=12.51 R3=12.85 MP=13.19 R4=13.53
MP=11.27 S1=11.05 MP=10.93 S2=10.81 MP=10.47 S3=10.13 MP=9.79 S4=9.45
O=11.72 H=11.94 L=11.26 C=11.28

FAS PP=9.86
MP=10.12 R1=10.38 MP=10.90 R2=11.41 MP=12.19 R3=12.96 MP=13.74 R4=14.51
MP=9.35 S1=8.83 MP=8.57 S2=8.31 MP=7.54 S3=6.76 MP=5.99 S4=5.21
O=10.38 H=10.89 L=9.34 C=9.35

FAZ PP=71.36
MP=74.90 R1=78.43 MP=80.24 R2=82.05 MP=87.40 R3=92.74 MP=98.09 R4=103.43
MP=69.55 S1=67.74 MP=64.21 S2=60.67 MP=55.33 S3=49.98 MP=44.64 S4=39.29
O=67.49 H=74.99 L=64.3 C=74.8

SPY PP=111.23
MP=111.94 R1=112.65 MP=114.01 R2=115.37 MP=117.44 R3=119.51 MP=121.58 R4=123.65
MP=109.87 S1=108.51 MP=107.80 S2=107.09 MP=105.02 S3=102.95 MP=100.88 S4=98.81
O=112.49 H=113.95 L=109.81 C=109.93

SPG PP=108.40
MP=109.35 R1=110.30 MP=112.21 R2=114.11 MP=116.96 R3=119.82 MP=122.67 R4=125.53
MP=106.50 S1=104.59 MP=103.64 S2=102.69 MP=99.83 S3=96.98 MP=94.12 S4=91.27
O=109.06 H=112.2 L=106.49 C=106.5

GS PP=91.89
MP=92.90 R1=93.91 MP=95.82 R2=97.73 MP=100.65 R3=103.57 MP=106.49 R4=109.41
MP=89.98 S1=88.07 MP=87.06 S2=86.05 MP=83.13 S3=80.21 MP=77.29 S4=74.37
O=93.74 H=95.72 L=89.88 C=90.08

JPM PP=29.33
MP=29.68 R1=30.02 MP=30.71 R2=31.39 MP=32.42 R3=33.45 MP=34.48 R4=35.51
MP=28.65 S1=27.96 MP=27.62 S2=27.27 MP=26.24 S3=25.21 MP=24.18 S4=23.15
O=30.03 H=30.7 L=28.64 C=28.65

MS PP=12.96
MP=13.26 R1=13.56 MP=14.11 R2=14.65 MP=15.50 R3=16.34 MP=17.19 R4=18.03
MP=12.42 S1=11.87 MP=11.57 S2=11.27 MP=10.43 S3=9.58 MP=8.74 S4=7.89
O=13.54 H=14.05 L=12.36 C=12.47

C PP=23.95
MP=24.40 R1=24.84 MP=25.71 R2=26.58 MP=27.89 R3=29.21 MP=30.52 R4=31.84
MP=23.08 S1=22.21 MP=21.77 S2=21.32 MP=20.00 S3=18.69 MP=17.37 S4=16.06
O=25.16 H=25.68 L=23.05 C=23.11

VIX PP=44.17
MP=45.50 R1=46.83 MP=47.52 R2=48.21 MP=50.23 R3=52.25 MP=54.27 R4=56.29
MP=43.48 S1=42.79 MP=41.46 S2=40.13 MP=38.11 S3=36.09 MP=34.07 S4=32.05
O=44.25 H=45.55 L=41.51 C=45.45

UUP PP=22.45
MP=22.52 R1=22.59 MP=22.63 R2=22.66 MP=22.77 R3=22.87 MP=22.98 R4=23.08
MP=22.42 S1=22.38 MP=22.31 S2=22.24 MP=22.14 S3=22.03 MP=21.93 S4=21.82
O=22.39 H=22.53 L=22.32 C=22.51

FROM: www.econoday.com

Economic Events & Analysis - 10/04/2011 Tuesday


7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
9:00 AM ET Sarah Bloom Raskin Speaks
10:00 AM ET Ben Bernanke Speaks
10:00 AM ET Factory Orders
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]

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


GOLD


R3 1702.60
R2 1679.70
R1 1670.80

PP 1656.80

S1 1647.90
S2 1633.90
S3 1611.00


SILVER

R3 33.46
R2 32.09
R1 31.34

PP 30.72

S1 29.97
S2 29.35
S3 27.98


IWM

R3 70.49
R2 66.38
R1 63.68

PP 62.27

S1 59.57
S2 58.16
S3 54.05




TNA

R3 42.48
R2 36.19
R1 32.04

PP 29.90

S1 25.75
S2 23.61
S3 17.32



TZA

R3 78.40
R2 68.23
R1 64.76

PP 58.06

S1 54.59
S2 47.89
S3 37.72


SDS

R3 30.04
R2 28.19
R1 27.56

PP 26.34

S1 25.71
S2 24.49
S3 22.64


SSO

R3 42.16
R2 39.42
R1 37.62

PP 36.68

S1 34.88
S2 33.94
S3 31.20

…………………………..GLTA

[ask2lern]

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

Big selloff leaves indexes at crossroads

The indexes suffered major losses yesterday, as the Russell 2000 and the S&P 500 closed at new year-to-date lows. The Nasdaq 100 performed relatively better but still broke its uptrend.

This could be a very important technical juncture for the S&P 500 and the Russell 2000. We could see either new lower trading ranges or another bounce.

Those two indexes get new lower support levels for today as previous support has become resistance. The Nasdaq 100 sees less of a dramatic change, but levels have shifted as well.

For the S&P 500, support is at 1091.15, then at 1081.58, and 1073.76. Resistance is at 1101.54, then at 1114.52, and 1131.42.

The Russell 2000 has support at 601.69, then at 588.58, and 580.49. Resistance is at 611.66, 624.52, and at 634.71.

In the case of the Nasdaq 100, first support is at 2082.04, then at 2054.61, and 2034.92. First
resistance is at 2112.84, then at 2139.58, and 2151.18.

[ask2lern]

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

Retail, factory data, Bernanke on tap

Today's economic calendar includes factory orders and an appearance by Federal Reserve Chairman Ben Bernanke, as well as the regularly scheduled retail reports.

Bernanke will speak starting at 10 a.m. ET before the congressional Joint Economic Committee. The topic will be the economic outlook and a review of recent policy.

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 comparisons. Most traders focus on the year-over-year number as a better indicator of the longer-term trend.

The last week-over-week reading came in at -0.2 percent. The year-over-year data in the previous report showed a gain of 2.7 percent. Stronger-than-expected positive numbers would be seen as bullish, while negative numbers would be bearish.

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 comparison, which shows the broader trend best.

The last month-over-month change was -0.1 percent. The previous report's year-over-year data showed a gain of 4.2 percent. Negative numbers in either series would be bearish.

Factory Orders will be released at 10 a.m. ET. The consensus forecast calls for a drop of -0.3 percent from last month. Estimates range from a deeper and more bearish loss of -0.8 percent to bullish gain of 0.4 percent.

[Clinton SPX]

Germany -3.7%

[rex]

Thet must not have support like we have at S&P 1080. If we sink that much today, we'll be at 1058.

[timber]

actually they already started with the good news stuff yesterday.....when it switches back to bull they will have to have reasons for it

[Rich]

car sales continue to do well, surprisingly trucks and SUV's

[rex]

Oct 4, 2011 6:40:38 GMT -5 timber said:

actually they already started with the good news stuff yesterday.....when it switches back to bull they will have to have reasons for it

Since when did the market go up and there was a(good) 'reason" for it. Today, it will be Ben with a potential promise of maybe thinking about possibly doing some sort of QE thing.

[Clinton SPX]

As Predicted On Friday, Dexia CDS Rips And Stock Implodes On Partial Nationalization
Submitted by Tyler Durden on 10/04/2011 - 06:38

On Friday, as pertains to Dexia, a name that suddenly everyone is talking about yet which nobody except for this blog covered back in May, we predicted that "We expect a partial or complete nationalization to be announced imminently, which in addition to all other side effects, would lead in a Bear Stearnsing of all accrued profit." Sure enough overnight we got the following announcement from the French and Belgian Finance ministers: "As part of the restructuring of Dexia, the Belgian and French, in conjunction with central banks will take all necessary measures to ensure the safety of depositors and creditors. To this end, they undertake to guarantee to bring their financing raised by Dexia." Translation: Partial nationalization. And with 5 year CDS ripping in a good 6-8 point upfront, bid at about 26 points at last check, down from 35 on Monday, getting out while the getting was good sure seems like a good idea. Alas, none of this will be any consolation to equity longs, whose value has just dropped over 20%, as this is nothing but a repeat of Bear Stearns. We repeat that at the end of the day, Dexia CDS will trade just wide of Belgian default risk, which we in turn expect to soar in the coming hours.

[Clinton SPX]

We must have missed the moment when Jim Cramer defended Morgan Stanley today, but judging by the company's CDS which is +30 to a ridonculous 610/650, he must have said something positive.

-ZH

[timber]

Oct 4, 2011 6:59:49 GMT -5 rex said:

Oct 4, 2011 6:40:38 GMT -5 timber said:

actually they already started with the good news stuff yesterday.....when it switches back to bull they will have to have reasons for it

Since when did the market go up and there was a(good) 'reason" for it. Today, it will be Ben with a potential promise of maybe thinking about possibly doing some sort of QE thing.

cant rule out BEN and hint of QE...dangerous to be long and short....i would say shorting now has more risk

[Clinton SPX]

double bottom on dow futures

once we get that bounce out of the way 1040 here we come

Attachments:

[Clinton SPX]

look out C lighting the LOD

[Clinton SPX]

BAC LOD

[Clinton SPX]

iH&S on the 1min dxy

[Clinton SPX]

there goes UUP HOD

[Clinton SPX]

euro kind of hanging in there though

[Clinton SPX]

SPXU is the hot bear today so far
and of course im in TZA grrrrrr

[Clinton SPX]

euro starting to drop

[Clinton SPX]

some one putting in a lot of effort to hold the euro

[Clinton SPX]

euro going crazy now up

[Clinton SPX]

shorts and longs all red

nice fucking market

[Clinton SPX]

SPXU is hitting HODs without spy hitting LODs

[Clinton SPX]

IWN stuck at the 20ma10

[Clinton SPX]

heres the high pivot for the day IMO

[Clinton SPX]

no, looks like spy wants to touch the 20ma10 too

[rex]

When he said they would continue buying Euros, the market went crazy!!!

[elle]

another buy (B) 12:30, but sell (S) 1:15, no idea how big moves

[ask2lern]

I added to my LT PBT holding...................