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Post by kryptos2009 on Oct 25, 2011 21:49:02 GMT -5
Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=13.07 MP=13.14 R1=13.21 MP=13.31 R2=13.40 MP=13.57 R3=13.73 MP=13.90 R4=14.06 MP=12.98 S1=12.88 MP=12.81 S2=12.74 MP=12.58 S3=12.41 MP=12.25 S4=12.08 O=13.25 H=13.26 L=12.93 C=13.02 FAS PP=13.57 MP=13.75 R1=13.93 MP=14.22 R2=14.50 MP=14.97 R3=15.43 MP=15.90 R4=16.36 MP=13.29 S1=13.00 MP=12.82 S2=12.64 MP=12.18 S3=11.71 MP=11.25 S4=10.78 O=14.13 H=14.14 L=13.21 C=13.36 FAZ PP=45.13 MP=45.96 R1=46.78 MP=47.32 R2=47.85 MP=49.21 R3=50.57 MP=51.93 R4=53.29 MP=44.60 S1=44.06 MP=43.24 S2=42.41 MP=41.05 S3=39.69 MP=38.33 S4=36.97 O=43.52 H=46.2 L=43.48 C=45.71 SPY PP=123.59 MP=124.00 R1=124.41 MP=125.09 R2=125.76 MP=126.85 R3=127.93 MP=129.02 R4=130.10 MP=122.92 S1=122.24 MP=121.83 S2=121.42 MP=120.34 S3=119.25 MP=118.17 S4=117.08 O=124.89 H=124.95 L=122.78 C=123.05 SPG PP=121.73 MP=122.19 R1=122.65 MP=123.42 R2=124.18 MP=125.41 R3=126.63 MP=127.86 R4=129.08 MP=120.97 S1=120.20 MP=119.74 S2=119.28 MP=118.06 S3=116.83 MP=115.61 S4=114.38 O=122.02 H=123.27 L=120.82 C=121.11 GS PP=101.23 MP=101.81 R1=102.38 MP=103.35 R2=104.32 MP=105.87 R3=107.41 MP=108.96 R4=110.50 MP=100.26 S1=99.29 MP=98.72 S2=98.14 MP=96.60 S3=95.05 MP=93.51 S4=91.96 O=103.05 H=103.17 L=100.08 C=100.44 JPM PP=33.70 MP=33.87 R1=34.04 MP=34.32 R2=34.59 MP=35.04 R3=35.48 MP=35.93 R4=36.37 MP=33.43 S1=33.15 MP=32.98 S2=32.81 MP=32.37 S3=31.92 MP=31.48 S4=31.03 O=34.18 H=34.25 L=33.36 C=33.49 MS PP=16.65 MP=16.75 R1=16.84 MP=17.00 R2=17.16 MP=17.42 R3=17.67 MP=17.93 R4=18.18 MP=16.49 S1=16.33 MP=16.24 S2=16.14 MP=15.89 S3=15.63 MP=15.38 S4=15.12 O=16.93 H=16.97 L=16.46 C=16.52 C PP=30.95 MP=31.20 R1=31.45 MP=31.73 R2=32.00 MP=32.53 R3=33.05 MP=33.58 R4=34.10 MP=30.68 S1=30.40 MP=30.15 S2=29.90 MP=29.38 S3=28.85 MP=28.33 S4=27.80 O=31.4 H=31.5 L=30.45 C=30.9 VIX PP=31.67 MP=32.34 R1=33.01 MP=33.41 R2=33.81 MP=34.88 R3=35.95 MP=37.02 R4=38.09 MP=31.27 S1=30.87 MP=30.20 S2=29.53 MP=28.46 S3=27.39 MP=26.32 S4=25.25 O=30.68 H=32.46 L=30.32 C=32.22 UUP PP=21.51 MP=21.54 R1=21.57 MP=21.60 R2=21.62 MP=21.68 R3=21.73 MP=21.79 R4=21.84 MP=21.49 S1=21.46 MP=21.43 S2=21.40 MP=21.35 S3=21.29 MP=21.24 S4=21.18 O=21.49 H=21.57 L=21.46 C=21.51 FROM: www.econoday.comEconomic Events & Analysis - 10/26/2011 Wednesday7:00 AM ET MBA Purchase Applications 8:30 AM ET Durable Goods Orders 10:00 AM ET New Home Sales 10:30 AM ET EIA Petroleum Status Report 1:00 PM ET 5-Yr Note 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.
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Post by ask2lern on Oct 26, 2011 6:37:27 GMT -5
Thanks Kryptos!!! Good Morning Gang Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1813.20 R2 1750.60 R1 1728.10
PP 1688.00
S1 1665.50 S2 1625.40 S3 1562.80
SILVER
R3 37.12 R2 34.92 R1 34.14
PP 32.72
S1 31.94 S2 30.52 S3 28.32
IWM
R3 75.38 R2 73.60 R1 72.48
PP 71.82
S1 70.70 S2 70.04 S3 68.26
TNA
R3 50.74 R2 47.35 R1 45.26
PP 43.96
S1 41.87 S2 40.57 S3 37.18
TZA
R3 38.99 R2 36.69 R1 35.83
PP 34.39
S1 33.53 S2 32.09 S3 29.79
SDS
R3 22.39 R2 21.69 R1 21.43
PP 20.99
S1 20.73 S2 20.29 S3 19.59
SSO
R3 48.22 R2 46.63 R1 45.65
PP 45.04
S1 44.06 S2 43.45 S3 41.86
…………………………..GLTA
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Post by ask2lern on Oct 26, 2011 6:39:07 GMT -5
From www.optionmonster.com ..............................GLTA Selloff wipes out most of Monday's gainsThe indexes suffered a number of setbacks yesterday as concerns over the outcome of the European debt-crisis summit tomorrow came back late in the morning. The market felt additional pressure when notable earnings disappointments, from such names as 3M and Netflix, hit the tape. That trend continued after the bell yesterday as Amazon.com missed forecasts on the top and bottom lines. AMZN was down more than 14 percent in the after-market, a plunge that will hurt the Nasdaq 100 and the S&P 500's consumer discretionary sector. In terms of levels, we saw the indexes erase most if not all of Monday's gains, so we are back to those levels today for the NDX and the SPX. The one index that saw no change to levels was the Russell 2000. Nasdaq 100 (NDX)Support is at 2295.10, its 200-day moving average. Support below the 200-day is at 2256.70. First resistance is at 2338.46, its 10-day moving average. On a break above the 10-day, next resistance would be at 2337.70, the pivot high from September, then at 2373.82. S&P 500 (SPX)Support is at 1220.85, its 10-day moving average. On a break below the 10-day, next support would be at 1180.61, its 50-day moving average. Resistance is at 1233.10 and then at 1249.05, which was the previous trading range low from the start of the year through July. Above 1249.05 next resistance is at 1267.53. Russell 2000 (RUT)Support is at 706.25, its 10-day moving average. On a break below the 10-day moving average, support is at 685.81, its 50-day moving average. Resistance is at 718.63, the September pivot high. On a break above that pivot, next resistance would be at 737.64, the pivot range high for the last three months.
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Post by ask2lern on Oct 26, 2011 6:41:01 GMT -5
From www.optionmonster.com .....................GLTA Housing, oil, durable goods data on tapToday's economic calendar includes data on housing, durable goods, and oil inventories. At 7 a.m. ET, the weekly MBA Purchase Applications data will be released. Economists do not make forecasts for this release. I look only at the purchases component of the mortgage report as it best indicates new economic activity as opposed to refinancing. Last week purchases came in at 161.4. If this week's number is higher than that by 5 percent or more, it would be bullish. If it is lower by the same margin, it would be bearish. Durable Goods Orders will be released at 8:30 a.m. ET. The consensus forecast calls for a drop of -0.9 percent. Expectations range from a very bearish -2.5 percent to a bullish 1 percent. New Home Sales data comes out at 10 a.m. ET. Most analysts are expecting a rise to 300,000 units from last month's 295,000. Estimates range from 275,000 units, which would be bearish, to 320,000. The EIA Petroleum Status Report will be released at 10:30 a.m. ET. Before the EIA data comes out, the American Petroleum Institute issues a competing report based on its own supply data. The forecast for both reports was for a build of 1.33 million barrels. But the API release, which came out last night after the market closed, showed a surprise build of 2.712 million barrels instead. If the EIA data confirms this build or shows an even larger one, it could be bearish for crude. If the build number is smaller than the API's 2.712 million barrels, or is a negative number indicating a draw, it could be bullish for oil. The EIA is a government body, and the API is a private industry group. The two reports do not always agree either in terms of amount or direction.
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Post by ask2lern on Oct 26, 2011 6:42:04 GMT -5
Hedgeye Hedgeye As we look at today’s set up for the S&P 500, the range is 32 points or -0.57% downside to 1222 and 2.03% upside to 1254. $SPY 4 minutes ago Favorite Retweet Reply
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Post by Clinton SPX on Oct 26, 2011 7:32:58 GMT -5
German Chancellor Merkel said that all models that involve the ECB are not on the agenda tonight, however both leverage models are going to be discussed According to a senior EU source, IMF thinks 60% Greek debt write-down is not enough, and it should be 65% or more Widening was observed in the Greek/German 10-year government bond yield spread ahead of the EU leaders' summit today According to a draft statement from the EU heads of state, banks would need guarantees on liabilities for more direct support for access to funding. It further said that there is broad agreement on requiring banks to have capital ratio of 9%, to be attained by June 30th 2010 There were reports that the Italian PM Berlusconi may resign
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Post by Clinton SPX on Oct 26, 2011 7:46:46 GMT -5
durable goods was better than expected but still a neg number. futures seem unimpressed so far
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Post by Clinton SPX on Oct 26, 2011 7:49:52 GMT -5
dollar controlling everything it seems
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Post by Clinton SPX on Oct 26, 2011 7:57:23 GMT -5
Durable Goods Slightly Better Than Expected On Record Inventory Build Up Submitted by Tyler Durden on 10/26/2011 - 08:44 The stockpiling continues. While today's durable goods number on the surface was good, declining less than expected at the top-line level, down 0.8%, or $1.5 billion, to $200.3 billion, better than the -1.0% expected, and compared to the -0.1% decline in August. What was better than expected is that durables ex transportation came at 1.7% on expectations of 0.4% (previous adjusted to -0.4%). What however negates all the good data is one simple fact: shipments of manufactured durable goods, declined substantially to $200.1 billion, or 0.7%. So what is the reason for this continuing beat? Why inventories of course: "Inventories of manufactured durable goods in September, up twenty one consecutive months, increased $0.4 billion or 0.1 percent to $365.6 billion. This was at the highest level since the series was first published on a NAICS basis in 1992 and followed a 0.9 percent August increase. Transportation equipment, also up twenty one consecutive months, had the largest increase, $0.5 billion or 0.5 percent to $112.7 billion." Not only that, but the annualized growth rate just hit the highest ever (see chart below)! And as would be expected, the Inventory-to-Shipments ratio increased from 1.81 to 1.83. Said otherwise, we are back to the old model where economic "growth" is only due to stockpiling as producers hope that tomorrow, and tomorrow, and tomorrow someone will actually buy record inventory stockpiles at market value instead of LIFO liquidation prices. Oddly, this reminds us of European thinking too.
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Post by Clinton SPX on Oct 26, 2011 8:48:16 GMT -5
shorted the open
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Post by ask2lern on Oct 26, 2011 9:00:08 GMT -5
Ok so we have gaps above and below I am watching a break of SPY 124.20 to make a run at the one above OR a break of 123.85 to go for the lower one..................GLTA
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Post by ask2lern on Oct 26, 2011 9:02:12 GMT -5
DX and VIX both moving higher................
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Post by ask2lern on Oct 26, 2011 9:23:07 GMT -5
not_travis Here's little taste of the coming $SPY Pain Page...I think stks.co/nsM $AAPL Worth a look IMO......................GLTA
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Post by ask2lern on Oct 26, 2011 9:26:02 GMT -5
OCT 28 SPY 129 PUTS have traded 3 x open interest and most on the offer.......agressive bear buyer? or bull seller?.......
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Post by natsalilfly on Oct 26, 2011 9:47:17 GMT -5
DX and VIX both moving higher................ What is it with VIX today...didn't the Italy avert combustion today?
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Post by shipoffools on Oct 26, 2011 9:54:53 GMT -5
Hedgeye Hedgeye As we look at today’s set up for the S&P 500, the range is 32 points or -0.57% downside to 1222 and 2.03% upside to 1254. $SPY 4 minutes ago Favorite Retweet Reply Who is this masked man? 1254 next apparently?!?!?!
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Post by natsalilfly on Oct 26, 2011 10:58:41 GMT -5
Grind/melt up continues from here, no? ...Onward Christmas soldier!
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Post by ask2lern on Oct 26, 2011 11:11:19 GMT -5
Hedgeye Hedgeye As we look at today’s set up for the S&P 500, the range is 32 points or -0.57% downside to 1222 and 2.03% upside to 1254. $SPY 4 minutes ago Favorite Retweet Reply Who is this masked man? 1254 next apparently?!?!?! www.hedgeyeblog.com/Hedgeye Risk Management, Keith McCullough built a 10-year background of managing money at the Carlyle-Blue Wave Partners hedge fund, Magnetar Capital, Falconhenge Partners, and Dawson-Herman Capital Management He is a frequent guest on CNBC.......................GL
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Post by natsalilfly on Oct 26, 2011 11:24:58 GMT -5
I guess it's time to restart my protest, signs and all - Die VXX Die! Death to the VIX! Die VXX Die! There, that should work.
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Post by ask2lern on Oct 26, 2011 11:29:20 GMT -5
ukarlewitz $SPY - if this is a measured move (abc) then 121.6 gap fill should get hit Oct. 26 at 11:27 AM from Twitter • Reply • Like • Flag • More
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Post by ask2lern on Oct 26, 2011 11:30:12 GMT -5
I guess it's time to restart my protest, signs and all - Die VXX Die! Death to the VIX! Die VXX Die! There, that should work. I know one way I can MAKE it go down................if I buy it.........
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Post by natsalilfly on Oct 26, 2011 11:38:21 GMT -5
Many seem to be struggling with that very question, to buy or not to buy. I know - we need to call for a VXX boycott! Yeah! Or how about breaking out into a fist fight or dirtying up the place? These methods are effective every time they're tried. Die VXX Die! Death to the VIX! Die VXX Die!
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Post by Clinton SPX on Oct 26, 2011 11:38:47 GMT -5
covered for +1% vol too light for my liking
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Post by ask2lern on Oct 26, 2011 11:43:54 GMT -5
Observing the 1min SPY with the 200 Day SMA one would have to say that it has been resistance since it was first tagged after the buy program that ran it up there at about 11:40..............get above it and could see a nice little pop for a scalp IMO............GLTA
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Post by Clinton SPX on Oct 26, 2011 11:44:29 GMT -5
of course the bottom will fall out now, but thats fine with me too
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Post by Clinton SPX on Oct 26, 2011 11:46:07 GMT -5
just trying to string together some small wins until the day soc gen blows up
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Post by natsalilfly on Oct 26, 2011 12:00:11 GMT -5
Ooops I put down my sign while washing my hair - some protester I am. Die VXX Die! Death to the VIX! Die VXX Die!
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Post by natsalilfly on Oct 26, 2011 12:08:52 GMT -5
More protesting needed Die VXX Die! Death to the Vix! Die VXX Die! maybe I would be better at this if THEY were paying me to protest.
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Post by natsalilfly on Oct 26, 2011 12:47:20 GMT -5
working! The key is to wash my hair. Maybe that's what the OWS protesters are missing...personal cleanliness.
Nice BB tightening on FAS 10d/30min chart...
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Post by Clinton SPX on Oct 26, 2011 13:03:17 GMT -5
shorting oil here
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