PPDT - 01/04/2012 Wednesday - PP-XLF = 13.36

[ask2lern]

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


GOLD


R3 1645.47
R2 1622.47
R1 1613.53

PP 1599.47

S1 1590.53
S2 1576.47
S3 1553.47


SILVER

R3 32.14
R2 30.76
R1 30.29

PP 29.38

S1 28.91
S2 28.00
S3 26.32


IWM

R3 77.40
R2 76.30
R1 75.94

PP 75.20

S1 74.54
S2 74.10
S3 73.00




TNA

R3 51.37
R2 49.37
R1 48.18

PP 47.37

S1 46.18
S2 45.37
S3 43.37



TZA

R3 27.35
R2 26.18
R1 25.70

PP 25.01

S1 24.53
S2 23.84
S3 22.67


SDS

R3 19.20
R2 18.91
R1 18.81

PP 18.62

S1 18.52
S2 18.33
S3 18.04

SSO

R3 49.42
R2 48.71
R1 48.26

PP 48.00

S1 47.55
S2 47.29
S3 46.58

…………………………..GLTA

[ask2lern]

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

Nasdaq 100 blows away upside levels

The indexes yesterday enjoyed a strong rebound for the first session of 2012.

The Nasdaq 100 took out all of its resistance levels, which now become support. The S&P 500 nearly did the same but closed below its last resistance level from yesterday morning.

The Russell 2000 has the furthest to go yet in trending higher as it failed to reach its 200-day moving average and stopped short of its first resistance level. It had underperformed the other indexes for some time, finishing 2011 closer to support than either the S&P 500 or the Nasdaq 100. Its levels did not change for today.

Nasdaq 100 (NDX)
Support is 2316.90, then its 50-day moving average at 2297.31, and thereafter at 2274.56, its 10-day moving average. Resistance is at a previous pivot high of 2337.70, then at 2343.10, and 2359.82 after that.

S&P 500 (SPX)
Support is at its 200-day moving average at 1258.81, then at its 10-day moving average at 1252.24, and thereafter at 1238.56, its 50-day moving average. Resistance is at at previous pivot high of 1277.55, then at 1284.91, and thereafter at 1292.66, the October pivot high.

Russell 2000 (RUT)
Support is at 10-day moving average at 740.54, then at 735.03, thereafter at its 50-day moving average at 729.64, and at 715.09 after that. Resistance remains at a recent pivot high of 752.71, then its 200-day moving average at 762.36, and at 773.58 thereafter.

[ask2lern]

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

Mortgages, autos, factory data on tap


The economic calendar is heavy today, and tomorrow will be equally busy before earnings season begins next week.

Motor Vehicle Sales has no specific timetable for each company that reports. Typically the reports begin after the open and end by noon eastern. The aggregate report comes later in the afternoon. Stocks such as Ford, General Motors, Honda, and Toyota will be active before and after each company reports its results.

At 7 a.m. ET, the weekly MBA Purchase Applications data will be released. I focus only on the purchases component of this mortgage report because it indicates new economic activity, as opposed to refinancing.

Economists do not make estimates for this release, which came in at 181.6 last month. A purchases number that is higher than that reading by 5 percent or more would likely be seen as bullish, while one that falls below by the same margin would be bearish.

At 7:45 a.m. ET, the weekly ICSC/Goldman Store Sales report will be released. There are two parts to this release, the week-over-week and year-over-year comparisons. Most traders focus on the year-over-year number because it better reflects the longer-term trend.

The last week-over-week reading came in at 0.9 percent, while the year-over-year data showed a gain of 4.5 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 reading, which shows the broader trend best.

The last month-over-month change was -2.4 percent, while the year-over-year data showed a gain of 4.3 percent. Negative numbers in either series would be bearish.

Factory Orders will come out at 10 a.m. ET. The consensus forecast calls for a rise of 1.7 percent from last month. Estimates range from a bearish 0.2 percent to a bullish 2.8 percent.

[ask2lern]

redliontrader redliontrader
Looking for 1300 $ES_F to short,or 2% pullback to buy $study bit.ly/AdtKzR
5 minutes ago Favorite Retweet Reply

[ask2lern]

econalert Economic Alert
MBA Mortgage Index for 12/31: -3.7%, Prior: NA #mkt $$ #economy
1 minute ago Favorite Retweet Reply

[keeter]

Thanx for all the info

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.36
MP=13.41 R1=13.45 MP=13.51 R2=13.56 MP=13.66 R3=13.76 MP=13.86 R4=13.96
MP=13.31 S1=13.25 MP=13.21 S2=13.16 MP=13.06 S3=12.96 MP=12.86 S4=12.76
O=13.28 H=13.47 L=13.27 C=13.34

FAS PP=69.73
MP=70.21 R1=70.69 MP=71.42 R2=72.14 MP=73.34 R3=74.55 MP=75.75 R4=76.96
MP=69.01 S1=68.28 MP=67.80 S2=67.32 MP=66.11 S3=64.91 MP=63.70 S4=62.50
O=68.98 H=71.17 L=68.76 C=69.25

FAZ PP=34.54
MP=34.95 R1=35.36 MP=35.65 R2=35.93 MP=36.63 R3=37.32 MP=38.02 R4=38.71
MP=34.26 S1=33.97 MP=33.56 S2=33.15 MP=32.46 S3=31.76 MP=31.07 S4=30.37
O=35 H=35.11 L=33.72 C=34.79

SPY PP=127.77
MP=127.94 R1=128.11 MP=128.42 R2=128.72 MP=129.20 R3=129.67 MP=130.15 R4=130.62
MP=127.47 S1=127.16 MP=126.99 S2=126.82 MP=126.35 S3=125.87 MP=125.40 S4=124.92
O=127.76 H=128.38 L=127.43 C=127.5

SPG PP=129.79
MP=130.84 R1=131.88 MP=133.13 R2=134.37 MP=136.66 R3=138.95 MP=141.24 R4=143.53
MP=128.55 S1=127.30 MP=126.26 S2=125.21 MP=122.92 S3=120.63 MP=118.34 S4=116.05
O=131.2 H=132.29 L=127.71 C=129.38

GS PP=94.87
MP=95.90 R1=96.92 MP=97.70 R2=98.47 MP=100.27 R3=102.07 MP=103.87 R4=105.67
MP=94.10 S1=93.32 MP=92.30 S2=91.27 MP=89.47 S3=87.67 MP=85.87 S4=84.07
O=92.97 H=96.43 L=92.83 C=95.36

JPM PP=34.73
MP=35.09 R1=35.44 MP=35.68 R2=35.91 MP=36.50 R3=37.09 MP=37.68 R4=38.27
MP=34.50 S1=34.26 MP=33.91 S2=33.55 MP=32.96 S3=32.37 MP=31.78 S4=31.19
O=34.06 H=35.19 L=34.01 C=34.98

MS PP=16.03
MP=16.19 R1=16.34 MP=16.48 R2=16.61 MP=16.90 R3=17.19 MP=17.48 R4=17.77
MP=15.90 S1=15.76 MP=15.61 S2=15.45 MP=15.16 S3=14.87 MP=14.58 S4=14.29
O=15.76 H=16.29 L=15.71 C=16.08

C PP=27.99
MP=28.42 R1=28.85 MP=29.11 R2=29.37 MP=30.06 R3=30.75 MP=31.44 R4=32.13
MP=27.73 S1=27.47 MP=27.04 S2=26.61 MP=25.92 S3=25.23 MP=24.54 S4=23.85
O=27.13 H=28.51 L=27.13 C=28.33

VIX PP=22.87
MP=23.04 R1=23.20 MP=23.32 R2=23.43 MP=23.71 R3=23.99 MP=24.27 R4=24.55
MP=22.76 S1=22.64 MP=22.48 S2=22.31 MP=22.03 S3=21.75 MP=21.47 S4=21.19
O=22.95 H=23.1 L=22.54 C=22.97

UUP PP=22.28
MP=22.31 R1=22.33 MP=22.35 R2=22.37 MP=22.42 R3=22.46 MP=22.51 R4=22.55
MP=22.26 S1=22.24 MP=22.22 S2=22.19 MP=22.15 S3=22.10 MP=22.06 S4=22.01
O=22.32 H=22.33 L=22.24 C=22.28

FROM: www.econoday.com

Economic Events & Analysis - 01/04/2012 Wednesday


Motor Vehicle Sales

7:00 AM ET MBA Purchase Applications
7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
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.

[kryptos2009]

I bought 20 FAS Jan 6 67.0 Puts yesterday on a hunch, looks like they may payoff today.

[kryptos2009]

Sold 20 FAS Jan 6 67.0 Puts

+29.63% / +$640

;D

[elle]

think we chop our way higher thru Fri/mebe Mon, then sell to pull in put buyers? anyway, that's my short term plan for now.

[elle]

have lotsa GIS calls, hoping we finally get a b/o, soooooooooooo much energy built around 40.50

[kryptos2009]

Bought 20 AGQ Jan 6 47.0 Calls @ 1.00
Bought 500 AGQ @ 46.00

[elle]

okay, took some shld lod

[elle]

Krypt, that agq kills it when it moves, been watching it - a little scary for me, but I'm a hop on board sometime

[elle]

nice consolidation day

[kryptos2009]

Jan 4, 2012 15:41:34 GMT -5 elle said:

Krypt, that agq kills it when it moves, been watching it - a little scary for me, but I'm a hop on board sometime

Elle,
AGQ was running between 46.50 to 47.20 from 09:30 to 13:00 today. I had grabbed the 47 calls on an earlier run down to 46.25 at 10:30 and had an unrealized profit when it ran back up to 47. When it sold off around 13:30 ET down to the 46.00 area I figured I could catch a late afternoon run back up. For now I'm holding, if it stays flat I'll look to sell covered calls against the position to make some money.

The last sale on the Jan 6 46.0 Calls was at 15:59 @ 1.35
If AGQ holds 46.00 in the morning.
Lets say I can sell those calls tomorrow morning @ 1.00

I own 500 shares so I can sell 5 contracts.
5 (contracts) x 100 (shares per contract) x 1.00 - (Fees & Commissions)

500 x 1.00 - 13.74 = 486.26

If AGQ is at or above 46.00 at mkt close on Friday, the shares will be called away.

If AGQ is at or below 45.99 at mkt close on Friday, I keep the shares and repeat the process next week.

[Clinton SPX]

REUTERS - Eastman Kodak (EK.N) is preparing a Chapter 11 bankruptcy protection filing in case it is unable to sell its digital patents to raise capital, The Wall Street Journal reported on Wednesday.