PPDT - 12/05/2011 Monday - PP-XLF = 12.98

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=12.98
MP=13.03 R1=13.08 MP=13.17 R2=13.26 MP=13.40 R3=13.54 MP=13.68 R4=13.82
MP=12.89 S1=12.80 MP=12.75 S2=12.70 MP=12.56 S3=12.42 MP=12.28 S4=12.14
O=12.87 H=13.15 L=12.87 C=12.91

FAS PP=63.77
MP=64.41 R1=65.05 MP=66.17 R2=67.29 MP=69.05 R3=70.81 MP=72.57 R4=74.33
MP=62.65 S1=61.53 MP=60.89 S2=60.25 MP=58.49 S3=56.73 MP=54.97 S4=53.21
O=62.61 H=66 L=62.48 C=62.82

FAZ PP=39.99
MP=40.76 R1=41.53 MP=41.98 R2=42.43 MP=43.65 R3=44.87 MP=46.09 R4=47.31
MP=39.54 S1=39.09 MP=38.32 S2=37.55 MP=36.33 S3=35.11 MP=33.89 S4=32.67
O=40.83 H=40.9 L=38.46 C=40.62

SPY PP=125.38
MP=125.68 R1=125.98 MP=126.54 R2=127.10 MP=127.96 R3=128.82 MP=129.68 R4=130.54
MP=124.82 S1=124.26 MP=123.96 S2=123.66 MP=122.80 S3=121.94 MP=121.08 S4=120.22
O=126.12 H=126.5 L=124.78 C=124.86

SPG PP=123.50
MP=123.90 R1=124.30 MP=125.05 R2=125.80 MP=126.95 R3=128.10 MP=129.25 R4=130.40
MP=122.75 S1=122.00 MP=121.60 S2=121.20 MP=120.05 S3=118.90 MP=117.75 S4=116.60
O=124.28 H=125 L=122.7 C=122.8

GS PP=98.40
MP=99.84 R1=101.27 MP=103.28 R2=105.29 MP=108.74 R3=112.18 MP=115.63 R4=119.07
MP=96.39 S1=94.38 MP=92.95 S2=91.51 MP=88.07 S3=84.62 MP=81.18 S4=77.73
O=95.53 H=102.42 L=95.53 C=97.25

JPM PP=32.14
MP=32.80 R1=33.46 MP=34.03 R2=34.60 MP=35.83 R3=37.06 MP=38.29 R4=39.52
MP=31.57 S1=31.00 MP=30.34 S2=29.68 MP=28.45 S3=27.22 MP=25.99 S4=24.76
O=30.88 H=33.27 L=30.81 C=32.33

MS PP=15.47
MP=15.71 R1=15.95 MP=16.17 R2=16.39 MP=16.85 R3=17.31 MP=17.77 R4=18.23
MP=15.25 S1=15.03 MP=14.79 S2=14.55 MP=14.09 S3=13.63 MP=13.17 S4=12.71
O=15.09 H=15.9 L=14.98 C=15.52

C PP=28.17
MP=28.44 R1=28.70 MP=28.96 R2=29.22 MP=29.75 R3=30.27 MP=30.80 R4=31.32
MP=27.91 S1=27.65 MP=27.39 S2=27.12 MP=26.60 S3=26.07 MP=25.55 S4=25.02
O=27.72 H=28.7 L=27.65 C=28.17

VIX PP=26.81
MP=27.57 R1=28.33 MP=28.74 R2=29.14 MP=30.31 R3=31.47 MP=32.64 R4=33.80
MP=26.41 S1=26.00 MP=25.24 S2=24.48 MP=23.32 S3=22.15 MP=20.99 S4=19.82
O=26.26 H=27.62 L=25.29 C=27.52

UUP PP=22.10
MP=22.15 R1=22.20 MP=22.25 R2=22.29 MP=22.38 R3=22.48 MP=22.57 R4=22.67
MP=22.06 S1=22.01 MP=21.96 S2=21.91 MP=21.81 S3=21.72 MP=21.62 S4=21.53
O=22 H=22.18 L=21.99 C=22.12

FROM: www.econoday.com

Economic Events & Analysis - 12/05/2011 Monday


10:00 AM ET Factory Orders
10:00 AM ET ISM Non-Mfg Index
11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction
12:10 PM ET Charles Evans Speaks


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 1797.70
R2 1774.10
R1 1760.20

PP 1750.50

S1 1736.60
S2 1726.90
S3 1703.30


SILVER

R3 36.07
R2 34.50
R1 33.62

PP 32.93

S1 32.05
S2 31.36
S3 29.79


IWM

R3 79.45
R2 75.13
R1 74.32

PP 73.81

S1 73.00
S2 72.49
S3 71.17




TNA

R3 49.70
R2 47.33
R1 45.83

PP 44.96

S1 43.46
S2 42.59
S3 40.22



TZA

R3 31.20
R2 29.63
R1 29.03

PP 28.06

S1 27.46
S2 26.49
S3 24.92


SDS

R3 20.88
R2 20.33
R1 20.13

PP 19.78

S1 19.58
S2 19.23
S3 18.68

SSO

R3 48.39
R2 47.12
R1 46.30

PP 45.85

S1 45.03
S2 44.58
S3 43.31

…………………………..GLTA

[ask2lern]

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

Index levels unchanged from last week


The indexes ended Friday virtually unchanged. Levels will remain the same for today, except for updates to moving averages.

Nasdaq 100 (NDX)
Support is at 2291.78, its 200-day moving average, and thereafter at 2285.26, 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)
Support is at 1233.10, then at 1220.25, and 1205.51 thereafter. Resistance is at 1249.05, the pivot low from March, then at 1256.55. Above that level resistance is at 1264.95, its 200-day moving average, and then at 1280.91.

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

[ask2lern]

From ww.optionomster.com ..........................GLTA

Two key industrial reports on calendar

There are just two reports on today's calendar, but they are important ones in an otherwise light week for economic releases.

Factory Orders data will be released at 10 a.m ET. The consensus forecast calls for a reading of -0.3 percent. Estimates range from a bearish -1.1 percent to a bullish 0.7 percent.

The ISM Non-Manufacturing Index also comes out at 10 a.m. ET. An index reading of 53.9 is expected, a slight gain from last month's 52.9. The range of expected values is from a bearish 51.5 to a bullish 54.6.

[ask2lern]

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

Enormous put trade in oil and gas fund

An enormous put trade on Friday topped a week of unusual activity in the SPDR S&P Oil & Gas Exploration & Production Fund.

The XOP closed at $55.32, up 0.9 percent on the day. The exchange-traded fund gained more than 14 percent last week as it continued to recover from the 52-week low of $37.67 it reached two months ago.

Friday's option volume in the XOP was just shy of 35,000 contracts, 50 percent above its daily average. optionMONSTER systems show that 21,800 December 44 puts were bought for the ask of $0.16 against open interest of 19,240 contracts at that strike.

The put buying wasn't tied to any stock trades that we identified, so it could be an outright bearish bet that the XOP will fall more than 20 percent by expiration in the next two weeks. But it is also possible that this is hedging against long shares in the fund or some individual stocks within it. (See our Education section)

The trades was the latest in a string of noteworthy option action in the XOP. Last week the fund saw unusual put trading on Wednesday, and it made our list of top 10 ETF and index volumes the next day.

[ask2lern]

Fun Fact........................

carlquintanilla Carl Quintanilla
On this day in 1996: Alan Greenspan gave his famous "irrational exuberance" speech. (h/t @markgongloff)
2 minutes ago Favorite Retweet Reply

[ask2lern]

gtotoy gtotoy
$SPY Be careful with this gap up as the $DX_F is still holding 78.50
7 minutes ago Favorite Retweet Reply

[ask2lern]

gtotoy gtotoy
SP500 Read for the week "Cool The Engines" stks.co/1NrL $SPY $SPX $NYMO
13 minutes ago Favorite Retweet Reply

[ask2lern]

zerohedge zerohedge
Two POMOs today
15 minutes ago Favorite Retweet Reply

[ask2lern]

NicTrades Nicola Duke
Chatter Fed might cut discount rate today $$
17 minutes ago Favorite Retweet Reply

[ask2lern]

TheArmoTrader
Good morning. Looks like we will never "dip" again to give us a chance to buy. #BTFD $$
Dec. 5 at 7:17 AM from Twitter • Reply • Like • Flag • More

[ask2lern]

@grassosteve
Steve Grasso ultimate level this week is the 200dma 1264.54, 1275 egypt botm 1295 libya botm SUPPORT 1257, 1249 1242
6 minutes ago via web
Favorite Retweet Reply

[ask2lern]

mels_info [e-mail]
Bulls: 9 extreme ticks and bears: 1 extreme ticks. 67% pos ticks. $SPX Net Advancing is 444. Range is 2.82. We are at 34.8% of Range.
13 minutes ago Favorite Retweet Reply

[novice08]

Dec 5, 2011 7:49:27 GMT -5 ask2lern said:

Fun Fact........................

carlquintanilla Carl Quintanilla
On this day in 1996: Alan Greenspan gave his famous "irrational exuberance" speech. (h/t @markgongloff)
2 minutes ago Favorite Retweet Reply

Cannot believe that was 15 yrs. ago!

[jack]

Dec 5, 2011 10:01:04 GMT -5 novice08 said:

Dec 5, 2011 7:49:27 GMT -5 ask2lern said:

Fun Fact........................

carlquintanilla Carl Quintanilla
On this day in 1996: Alan Greenspan gave his famous "irrational exuberance" speech. (h/t @markgongloff)
2 minutes ago Favorite Retweet Reply

Cannot believe that was 15 yrs. ago!

That was one of those "I remember where I wuz days".

In DFW airport awaiting the connecting flt to Albuquerque for a 2wk trip to Lost Alamos and the accelerator project which at the time was the most powerful on Earth.

[ask2lern]

Well once again looks like the party was overnight and we get a crumbs so far in the cash market.................so far looks like as long as the 126.50ish area holds we should be ok but as always of late keep a keen eye out for rumor/news bombs that can send the market in either direction at warp speed......................... ;D

[jack]

Dec 5, 2011 10:15:42 GMT -5 ask2lern said:

Well once again looks like the party was overnight and we get a crumbs so far in the cash market.................so far looks like as long as the 126.50ish area holds we should be ok but as always of late keep a keen eye out for rumor/news bombs that can send the market in either direction at warp speed......................... ;D

Hence my previous sarcasm...

[ask2lern]

mels_info [e-mail]
Bulls: 22 extreme ticks and bears: 1 extreme ticks. 81% pos ticks. $SPX Net Advancing is 449. Range is 5.93. We are at 100% of Range.
8 minutes ago Favorite Retweet Reply

[ask2lern]

There is a gap above on the 60 min SPY @ 127.49 from 11/8 FWIW.......................

[Clinton SPX]

commerzbank is the only EU bank i watch that is red today

[ask2lern]

3 Gap ups provided 90% of recent move............none have had good follow through IMO................Hard to go long here for me................

[ask2lern]

TradingTheOdds Frank Hogelucht
Currently the 3rd occurr. w/ 3 lopsided breadth days (90%+ vol. in NYSE adv. stocks ) during a 6-day time frame (03/17/2009, 08/15/2011). $$
9 minutes ago Favorite Retweet Reply

[theMIST]

3rd test of 200dsma =

next stop H&S neckline (approx 1272)

[ask2lern]

Uh oh all the CNBC traders called for a bullish close................

[dzech00]

They are probably right (this time). There does not appear to be anything to stop the bull train! The only fear out there is something out of Europe, but I feel it would have to be a complete failure by the EU to derail this Christmas rally. It's going to take more than someone saying something foolish.

[ask2lern]

TradingTheOdds Frank Hogelucht
w/ 6 consec. open less than -0.30% below the prev. session's high, $SPY never gained more than +0.53% next day (26 occu.) - 9 up, 16 down $$
14 minutes ago Favorite Retweet Reply

[ask2lern]

VIX @ HOD..................Caution...................

[theMIST]

Uh oh all the CNBC traders called for a bullish close................

We'll be lucky if 1200 holds now. LMAO

[ask2lern]

POTUS speaking soon................funny my stuff just indicated a sell on SPY...............Not taking it though as most correlations are way out of whack today IMO.......................

[natsalilfly]

Weird indicators usually mark a change. It COULD be an adjustment period preceding orderliness in the market. Or not.