PPDT - 12/01/2011 Thursday - PP-XLF = 12.71

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.71
MP=12.84 R1=12.97 MP=13.05 R2=13.13 MP=13.34 R3=13.55 MP=13.76 R4=13.97
MP=12.63 S1=12.55 MP=12.42 S2=12.29 MP=12.08 S3=11.87 MP=11.66 S4=11.45
O=12.51 H=12.87 L=12.45 C=12.81

FAS PP=60.63
MP=62.20 R1=63.76 MP=64.62 R2=65.48 MP=67.91 R3=70.33 MP=72.76 R4=75.18
MP=59.77 S1=58.91 MP=57.35 S2=55.78 MP=53.36 S3=50.93 MP=48.51 S4=46.08
O=58.23 H=62.35 L=57.5 C=62.04

FAZ PP=42.68
MP=43.52 R1=44.35 MP=45.86 R2=47.36 MP=49.70 R3=52.04 MP=54.38 R4=56.72
MP=41.18 S1=39.67 MP=38.84 S2=38.00 MP=35.66 S3=33.32 MP=30.98 S4=28.64
O=45.03 H=45.7 L=41.02 C=41.33

SPY PP=123.40
MP=125.11 R1=126.81 MP=127.72 R2=128.62 MP=131.23 R3=133.84 MP=136.45 R4=139.06
MP=122.50 S1=121.59 MP=119.89 S2=118.18 MP=115.57 S3=112.96 MP=110.35 S4=107.74
O=123.49 H=125.22 L=120 C=124.99

SPG PP=123.42
MP=124.48 R1=125.54 MP=126.15 R2=126.75 MP=128.41 R3=130.08 MP=131.74 R4=133.41
MP=122.82 S1=122.21 MP=121.15 S2=120.09 MP=118.42 S3=116.76 MP=115.09 S4=113.43
O=122.91 H=124.62 L=121.29 C=124.34

GS PP=94.41
MP=95.94 R1=97.46 MP=98.26 R2=99.05 MP=101.37 R3=103.69 MP=106.01 R4=108.33
MP=93.62 S1=92.82 MP=91.30 S2=89.77 MP=87.45 S3=85.13 MP=82.81 S4=80.49
O=92.4 H=96.01 L=91.37 C=95.86

JPM PP=30.59
MP=30.99 R1=31.38 MP=31.59 R2=31.79 MP=32.39 R3=32.99 MP=33.59 R4=34.19
MP=30.39 S1=30.18 MP=29.79 S2=29.39 MP=28.79 S3=28.19 MP=27.59 S4=26.99
O=30.15 H=31 L=29.8 C=30.97

MS PP=14.49
MP=14.81 R1=15.12 MP=15.28 R2=15.44 MP=15.92 R3=16.39 MP=16.87 R4=17.34
MP=14.33 S1=14.17 MP=13.86 S2=13.54 MP=13.07 S3=12.59 MP=12.12 S4=11.64
O=14.26 H=14.82 L=13.87 C=14.79

C PP=27.08
MP=27.49 R1=27.90 MP=28.11 R2=28.31 MP=28.93 R3=29.54 MP=30.16 R4=30.77
MP=26.88 S1=26.67 MP=26.26 S2=25.85 MP=25.24 S3=24.62 MP=24.01 S4=23.39
O=26.87 H=27.5 L=26.27 C=27.48

VIX PP=27.78
MP=28.15 R1=28.52 MP=28.89 R2=29.25 MP=29.98 R3=30.72 MP=31.45 R4=32.19
MP=27.42 S1=27.05 MP=26.68 S2=26.31 MP=25.57 S3=24.84 MP=24.10 S4=23.37
O=27.72 H=28.5 L=27.03 C=27.8

UUP PP=22.04
MP=22.08 R1=22.11 MP=22.13 R2=22.15 MP=22.21 R3=22.26 MP=22.32 R4=22.37
MP=22.02 S1=22.00 MP=21.97 S2=21.93 MP=21.88 S3=21.82 MP=21.77 S4=21.71
O=21.99 H=22.09 L=21.98 C=22.06

FROM: www.econoday.com

Economic Events & Analysis - 12/01/2011 Thursday


Weekly Bill Settlement
Motor Vehicle Sales
Chain Store Sales

8:30 AM ET Jobless Claims
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
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 1789.03
R2 1766.53
R1 1758.47

PP 1744.03

S1 1735.97
S2 1721.53
S3 1699.03


SILVER

R3 35.01
R2 33.81
R1 33.37

PP 32.61

S1 32.17
S2 31.41
S3 30.21


IWM

R3 80.67
R2 76.53
R1 75.13

PP 72.39

S1 70.99
S2 68.25
S3 64.11




TNA

R3 49.25
R2 46.67
R1 45.75

PP 44.09

S1 43.17
S2 41.51
S3 39.93



TZA

R3 33.72
R2 31.35
R1 29.77

PP 28.98

S1 27.40
S2 26.61
S3 24.24


SDS

R3 21.54
R2 20.82
R1 20.37

PP 20.10

S1 19.65
S2 19.38
S3 18.66

SSO

R3 48.23
R2 46.72
R1 46.13

PP 45.21

S1 44.62
S2 43.70
S3 42.19

…………………………..GLTA

[ask2lern]

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

Indexes blow away resistance levels

The indexes enjoyed one of their best days in recent memory yesterday. The moves were strong enough to break above all of the resistance levels we began with yesterday morning.

Previous resistance levels are now support and back to where they were closer to the peak in October. The Nasdaq 100 was the laggard of the day, with the Russell 2000 leading. Big-cap, old-school tech continues to underperform.

Nasdaq 100 (NDX)
Support is at 2292.71, its 200-day moving average, and thereafter at 2281.89, its 50-day moving average. Below the 50-day, support would be at 2250.94. Resistance is at 2322.60, and then at 2337.70, a pivot high from September. Thereafter resistance would be at 2359.16, an April pivot high.

S&P 500 (SPX)
All of the following support levels are new. Initial support would be at 1233.10. Thereafter it would be at 1220.25 and then at 1205.51. Initial resistance is at 1249.05, the pivot low from March, and then at 1256.55. Above that level, resistance would be at 1266.98 and then at 1280.91.

Russell 2000 (RUT)
Support is at 730.67, then at 723.37, 716.25, and 711.21. Resistance is at 747.76, then at 756.76, and 769.46 thereafter.

[ask2lern]

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

Labor, autos, chain-store sales on tap

Today's economic calendar is heavy again today, with chain-store and auto sales added to the regular items.

Chain-store sales begins typically very early in the pre-market and can continue up to the opening bell in some cases. Each company reports results independently on no fixed timetable.

Motor-vehicle sales usually begin after the open and can continue into the afternoon. Each company reports separately, with aggregate results issued late in the day.

Jobless Claims data will be released at 8:30 a.m. ET. The consensus forcast calls for a small drop to 390,000 from last week's 393,000. Estimates range from a bullish 375,000 to a bearish 415,000.

The ISM Manufacturing Index comes out at 10 a.m. ET. Analysts expect a rise to 51.5 from last month's 50.8. The range of expected values is from a bearish 50.4 to a bullish 53.

Construction Spending will also be released at 10 a.m. ET. Most economists expect a rise of 0.3 percent from last month. Estimates range from a bearish -0.4 percent to a bullish 1 percent.

[ask2lern]

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 45 points or -3.53% downside to 1203 and 0.08% upside to 1248. $SPY
5 minutes ago Favorite Retweet Reply

[ask2lern]

MattAtEmptus Matt Peters, CMT
If bullish,$SPX low volume retrace to test daily moving averages at 1200-1215 area would be healthy to provide base for next advance #mkt
9 minutes ago Favorite Retweet Reply

[ask2lern]

ukarlewitz ukarlewitz
Just a guess, but I think $SPY retraces to 124 area before attempting 126.5 key R (126.7 is 200dma). Daily pivot is 123.4 (123 is 20dma)
13 minutes ago Favorite Retweet Reply

[ask2lern]

grassosteve Steve Grasso
1221 1234 1242 1257 $S&P cash levels
17 minutes ago Favorite Retweet Reply

[ask2lern]

ukarlewitz ukarlewitz
November was the first time $SPY ever printed a hollow red (reversal) candle. Long tail, strong defense of key 122 area
21 minutes ago Favorite Retweet Reply

[ask2lern]

ukarlewitz ukarlewitz
$SPY 30'. Blue T/L from Oct top here, 124 and gap window S below stks.co/1LBy
6 minutes ago Favorite Retweet Reply

[ask2lern]

SPY #'s I am watching 125.53 125.19 124.95 124.61 124.37 ........................my bias is to the upside if we can get through that 125.50ish level on volume and hold for a few minutes otherwise expecting a narrow range until the next rumor/news event that will send us in one direction or the other at light speed................. ;D

[ask2lern]

Pretty funny when Nat gas inventories create more market movement then a miss on jobs.........................

[jack]

Dec 1, 2011 10:27:45 GMT -5 ask2lern said:

SPY #'s I am watching 125.53 125.19 124.95 124.61 124.37 ........................my bias is to the upside if we can get through that 125.50ish level on volume and hold for a few minutes otherwise expecting a narrow range until the next rumor/news event that will send us in one direction or the other at light speed................. ;D

Light speed is currently under review and subject to debate given that scientists in CERN say they've duplicated the early experiment which shows that its been broken.

If its proven conclusively it means that 20th century quantum mechanics and all of Einstein's theories will be thrown out.

Now THAT's what I call a "paradigm shift," but that doesn't mean that my dog will start obeying my commands by a long shot.

[ask2lern]

FuturesTrader71 FuturesTrader71
Breadth turning negative, net volume, financials #FT71
8 minutes ago Favorite Retweet Reply

[ask2lern]

My concern is the VIX on the daily is on the lower BB.............it does not ever seem to stay there long FWIW.....................

[ask2lern]

Triple bottom on SPY 1 MIN @ 124.68................cant keep hitting it IMO...................bouncy bounce time??.................

[ask2lern]

Now everybody running for the FAZ mobile as it goes up the hill only to find as it starts to go down hill it has no breaks.............

[ask2lern]

Douglas KassTraditional guidelines don't apply anymore, as it is not a normal investing climate when a market goes up or down 3% to 4% in a day on news of unprecedented intervention that most don't even understand.


Long post from Deck.ly Just now View on Twitter

[shipoffools]

Dec 1, 2011 7:44:51 GMT -5 ask2lern said:

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 45 points or -3.53% downside to 1203 and 0.08% upside to 1248. $SPY
5 minutes ago Favorite Retweet Reply

McCullough is a guest on CNBC right now for the next hour.

[ask2lern]

ukarlewitz ukarlewitz
I think: 2 major accum days this week leads to some ST exhaustion. But, LT, an important indication of a positive change. 127 and then 130
6 minutes ago Favorite Retweet Reply

[ask2lern]

From my observations there have been 3 buy programs come through this am and all have been sold not hard but sold none the less.......................very thin markets and I suspect we are going to trade in a tight range +5/-5 to burn weekly option premium.............so far on SPY the ITM and NTM options on both sides have lost 25% of time premium also both Calls and PUTS red on the day.........................

[ask2lern]

optionmonster Jon Najarian
Most Active ETF Options: Index and ETF option volume remains relatively strong, but the tone is more bearish as ... bit.ly/rS5RPN
9 minutes ago Favorite Retweet Reply

[ask2lern]

VIX might go green here caution......................

[theMIST]

TNA (IWM) hammer bottoming candle on hourly. Awaiting confirmation. Nice support at 43.60. Chart shows TNA should run green if confirmed.

[theMIST]

TNA - failed to confirm on hourly but still in bull flag

[ask2lern]

gapandyap ¿ɹǝʇʇɐɯ ʇý sǝop
$SPY what I am watching i.imgur.com/JVeV9.png 60 min
7 minutes ago Favorite Retweet Reply

[ask2lern]

optionmonster Jon Najarian
Contango Protecto in The VIX: bit.ly/ruuYSj
15 minutes ago Favorite Retweet Reply

[elle]

bac on the b/o, but not sure it's just the ih&s, anyone?

[elle]

funny to watch, someone covering like crazy at 5.45, somebody selling like crazy at 5.55

[elle]

vxx new lod