PPDT - 01/05/2012 Thursday - PP-XLF = 13.27

[ask2lern]

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


GOLD


R3 1663.43
R2 1636.03
R1 1624.77

PP 1608.63

S1 1597.37
S2 1581.23
S3 1553.83


SILVER

R3 30.92
R2 30.09
R1 36.67

PP 29.26

S1 28.84
S2 28.43
S3 27.60


IWM

R3 76.08
R2 75.29
R1 74.92

PP 74.50

S1 74.13
S2 73.71
S3 72.92




TNA

R3 48.94
R2 47.49
R1 46.85

PP 46.04

S1 45.40
S2 44.59
S3 43.14



TZA

R3 27.32
R2 26.54
R1 26.11

PP 25.76

S1 25.33
S2 24.98
S3 24.20


SDS

R3 19.38
R2 19.06
R1 18.87

PP 18.74

S1 18.55
S2 18.42
S3 18.10

SSO

R3 49.38
R2 48.55
R1 48.25

PP 47.72

S1 47.42
S2 46.89
S3 46.06

…………………………..GLTA

[ask2lern]

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

Levels unchanged after indexes 'pause'

The indexes yesterday digested the previous session's gains in what could be characterized as a "pause" day. The open question now is whether the next move is upward and decisive.

Levels remain unchanged, barring adjustments to moving averages. The S&P 500 lost one support level as the 10- and 200-day moving averages have converged.

Nasdaq 100 (NDX)
Support is at 2316.90, then at its 50-day moving average at 2297.18, and its 10-day moving average at 2286.01. Resistance is a previous pivot high at 2337.70, then at 2343.10, and thereafter at 2359.82.

S&P 500 (SPX)
Support is at its 10-day moving average at 1259.44, then at its 50-day moving average 1239.34. Resistance is at a previous pivot high at 1277.55, then at 1284.91, and thereafter at 1292.66, the October 2011 pivot high.

Russell 2000 (RUT)
Support is at 744.41, its 10-day moving average, and then at 735.03. Below that, next support would be at 730.34, its 50-day moving average, and then at 715.09. Resistance remains at a recent pivot high at 752.71, then its 200-day moving average at 762.03, and thereafter at 773.58.

[ask2lern]

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

Job data dominates economic reports

The economic calendar is full today and includes important labor reports, as well as retail, service, and oil data.

Chain Store Sales, also known as same-store sales, begin early in the pre-market and can continue up to the opening bell. Each company reports its results independently, which can lead to additional price swings in related firms.

At 7:30 a.m. ET, the Challenger Job-Cut Report will be released. There are no forecasts for this report, which came in 42,500 in the last reading. A number above 50,000 would likely be seen as bearish, whereas one below 40,000 would probably be seen as bullish.

The ADP Employment Report comes out at 8:15 a.m. ET. The consensus forecast calls for 178,000 new private sector jobs, which is close to the government's estimate for private payrolls in tomorrow's Employment Situation Report. Estimates range from a bearish 145,000 to a bullish 225,000. A number that breaks either end of the range would likely produce a much stronger reaction.

At 8:30 a.m. ET, the regular weekly Jobless Claims data will be released. The consensus calls for a drop to 375,000 from last week's 381,000. The range is from a more bullish 365,000 to a bearish 385,000. A number below 350,000 would be very bullish, while one that is above 400,000 would be especially bearish.

The ISM Non-Manufacturing Index comes out at 10 a.m. ET. The average forecast calls for a drop to 55.4 from last month's 56.2. The range of estimates is from a bearish 53 to a bullish 58.

The EIA Petroleum Status Report will be released at 11 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 draw of -0.167 million barrels. But the API release, which came out last night after the market closed, showed a surprise draw of -4.429 million barrels instead.

If the EIA data confirms this number or shows an even larger draw, it could be bullish for crude. If instead the draw is smaller or comes in as a positive number, indicating a build, it could be bearish for oil prices.

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.

[ask2lern]

Hedgeye Hedgeye
As we look at today’s set up for the S&P 500, the range is 16 points or -0.81% downside to 1267 and 0.45% upside to 1283.
43 minutes ago Favorite Retweet Reply

[ask2lern]

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

Huge trade makes long-term S&P bet

An enormous trade in the S&P 500 Index options is apparently betting on a huge market surge in the next three years.

optionMONSTER's systems show that 355,000 SPX options traded yesterday, compared with a daily average volume of 189,000 contracts in the last month. Puts outpaced calls by more than 2 to 1, but the most interesting trade was a large print of deep out-of-the-money calls.

A trader bought 9,000 December 2014 2,250 calls for $2. There was no previous open interest in these or almost any other strike in this most-distant SPX expiration. The trade price and the option action indicate that these contracts were most certainly bought.

The call buying is looking for the S&P 500 to rise 75 percent in the next 36 months.

[ask2lern]

ForexLive ForexLive
ForexLive: US Challenger: 41,785 Layoffs in December vs 42,474 November bit.ly/xJfVoN
6 minutes ago Favorite Retweet Reply

[ask2lern]

@awolam
Fx|Commodities|Index Morgan Stanley Makes A Very Specific QE3 Prediction goo.gl/Nskks
12 minutes ago via web

[ask2lern]

@charlesrotblut
Charles Rotblut, CFA AAII Sentiment Survey: Bullish: 48.9%, +8.3 points; Neutral: 34.0%, +5.4 points; Bearish: 17.2%, -13.7 points stks.co/1mRk $SPY
8 minutes ago via StockTwits Web
Favorite Retweet Reply

[cosmic]

I realize I forgot to swing by and say Happy New Year Pivot-Pointers

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.27
MP=13.33 R1=13.38 MP=13.43 R2=13.47 MP=13.57 R3=13.67 MP=13.77 R4=13.87
MP=13.23 S1=13.18 MP=13.13 S2=13.07 MP=12.97 S3=12.87 MP=12.77 S4=12.67
O=13.24 H=13.35 L=13.15 C=13.3

FAS PP=67.80
MP=68.57 R1=69.33 MP=69.87 R2=70.40 MP=71.70 R3=73.00 MP=74.30 R4=75.60
MP=67.27 S1=66.73 MP=65.97 S2=65.20 MP=63.90 S3=62.60 MP=61.30 S4=60.00
O=67.68 H=68.88 L=66.28 C=68.25

FAZ PP=35.49
MP=35.74 R1=35.98 MP=36.38 R2=36.78 MP=37.43 R3=38.07 MP=38.72 R4=39.36
MP=35.09 S1=34.69 MP=34.45 S2=34.20 MP=33.56 S3=32.91 MP=32.27 S4=31.62
O=35.62 H=36.29 L=35 C=35.18

SPY PP=127.41
MP=127.76 R1=128.10 MP=128.31 R2=128.51 MP=129.06 R3=129.61 MP=130.16 R4=130.71
MP=127.21 S1=127.00 MP=126.66 S2=126.31 MP=125.76 S3=125.21 MP=124.66 S4=124.11
O=127.2 H=127.81 L=126.71 C=127.7

SPG PP=127.73
MP=128.12 R1=128.51 MP=129.19 R2=129.87 MP=130.94 R3=132.01 MP=133.08 R4=134.15
MP=127.05 S1=126.37 MP=125.98 S2=125.59 MP=124.52 S3=123.45 MP=122.38 S4=121.31
O=128.4 H=129.1 L=126.96 C=127.14

GS PP=94.52
MP=94.94 R1=95.35 MP=95.66 R2=95.97 MP=96.69 R3=97.42 MP=98.14 R4=98.87
MP=94.21 S1=93.90 MP=93.49 S2=93.07 MP=92.34 S3=91.62 MP=90.89 S4=90.17
O=94.73 H=95.13 L=93.68 C=94.74

JPM PP=34.81
MP=35.05 R1=35.29 MP=35.46 R2=35.63 MP=36.04 R3=36.45 MP=36.86 R4=37.27
MP=34.64 S1=34.47 MP=34.23 S2=33.99 MP=33.58 S3=33.17 MP=32.76 S4=32.35
O=34.44 H=35.15 L=34.33 C=34.95

MS PP=15.84
MP=16.01 R1=16.18 MP=16.30 R2=16.42 MP=16.71 R3=17.00 MP=17.29 R4=17.58
MP=15.72 S1=15.60 MP=15.43 S2=15.26 MP=14.97 S3=14.68 MP=14.39 S4=14.10
O=15.75 H=16.08 L=15.5 C=15.94

C PP=28.06
MP=28.28 R1=28.49 MP=28.66 R2=28.82 MP=29.20 R3=29.58 MP=29.96 R4=30.34
MP=27.90 S1=27.73 MP=27.52 S2=27.30 MP=26.92 S3=26.54 MP=26.16 S4=25.78
O=28.04 H=28.38 L=27.62 C=28.17

VIX PP=22.72
MP=22.98 R1=23.23 MP=23.73 R2=24.23 MP=24.99 R3=25.74 MP=26.50 R4=27.25
MP=22.22 S1=21.72 MP=21.47 S2=21.21 MP=20.46 S3=19.70 MP=18.95 S4=18.19
O=23.44 H=23.73 L=22.22 C=22.22

UUP PP=22.41
MP=22.44 R1=22.46 MP=22.49 R2=22.51 MP=22.56 R3=22.61 MP=22.66 R4=22.71
MP=22.39 S1=22.36 MP=22.34 S2=22.31 MP=22.26 S3=22.21 MP=22.16 S4=22.11
O=22.4 H=22.47 L=22.37 C=22.4

FROM: www.econoday.com

Economic Events & Analysis - 01/05/2012 Thursday


Weekly Bill Settlement

Chain Store Sales

7:30 AM ET Challenger Job-Cut Report
8:15 AM ET ADP Employment Report
8:30 AM ET Jobless Claims
9:45 AM ET Bloomberg Consumer Comfort Index
10:00 AM ET ISM Non-Mfg Index
10:30 AM ET EIA Natural Gas Report
11:00 AM ET EIA Petroleum Status Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill Announcement
11:00 AM ET 52-Week Bill Announcement
11:00 AM ET 3-Yr Note Announcement
11:00 AM ET 10-Yr Note Announcement
11:00 AM ET 30-Yr Bond 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]

themoneygame The Money Game
ADP JOBS REPORT DESTROYS EXPECTATIONS AT 325K NEW JOBS (Analysts expected 178K new jobs) read.bi/wTspjs
1 minute ago Favorite Retweet Reply

[ask2lern]

ForexLive ForexLive
ForexLive: Weekly jobless claims fall 15,000 to 372,000 bit.ly/zFCJnN
55 seconds ago Favorite Retweet Reply

[Clinton SPX]

buying at the spy 200ma10

[Rich]

easy there Clinton, wait for it...

[Clinton SPX]

theres the touch and bounce, lets see if it holds now

[Clinton SPX]

BAC goes green

[Clinton SPX]

small gov repubs will cry when Obama announces pentagon cuts today

[jack]

Jan 5, 2012 10:12:14 GMT -5 Clinton SPX said:

small gov repubs will cry when Obama announces pentagon cuts today

Its not fer nuthin' every single major system acquisition has parts made in each and every State you betcha!

(btw democat govs will be crying too....on the inside)

[Clinton SPX]

Jan 5, 2012 9:46:12 GMT -5 Clinton SPX said:

buying at the spy 200ma10

Nailed that sucka almost to the penny

[Clinton SPX]

Finally a religion that makes sense to me

Sweden Recognizes File-Sharing as a Religion
1 hour ago by Alex Fitzpatrick
14

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The Church of Kopimism, a religion whose central tenet is the free sharing of information, has been formally recognized by the Swedish government.

Kopimists believe all information sharing is “holy” and that the value of information multiplies when it’s shared. They hold CTRL+C and CTRL+V, keyboard shortcuts for copying and pasting, to be sacred symbols of their religion. (We’re not making this stuff up.)

[dzech00]

Jan 5, 2012 12:34:02 GMT -5 Clinton SPX said:

Finally a religion that makes sense to me

Sweden Recognizes File-Sharing as a Religion
1 hour ago by Alex Fitzpatrick
14

inShare
276Share on Tumblr
email
share

The Church of Kopimism, a religion whose central tenet is the free sharing of information, has been formally recognized by the Swedish government.

Kopimists believe all information sharing is “holy” and that the value of information multiplies when it’s shared. They hold CTRL+C and CTRL+V, keyboard shortcuts for copying and pasting, to be sacred symbols of their religion. (We’re not making this stuff up.)

Infidels, all of them!!! <sarc>

[kryptos2009]

Sold 500 AGQ @ 46.79 (Bought yesterday @ 46.00)

+1.63% / +$375

[ask2lern]

Holy smokes in smoking holes markets look mighty bullish................still no trading on my end but I see that I have missed some $$$.................looking at SPY as long as it holds above 127.69 I see no reason it wont continue if it loses that I show nothing until 126.78 then 126.53 which would be pretty close to SPX 1265................hope you are all making bukoo bucks.......................

Nice trade Krypto!!!!!!!!!!!!!

[kryptos2009]

Thanks A2L!!

[Clinton SPX]

XAL HOD new sector starting move
weeeeeeeeeeeeeeee

[Clinton SPX]

come on, kick them buy bots in gear!

[elle]

I have buy for tomorrow/Mon, but who knows waht they pull in the morning

[elle]

$$ flos 3 neg, darnnit!

just hoping Cramer doesn't mention GIS

[Clinton SPX]

Andy Borowitz FB


Pat Robertson: 'God Told Me the GOP Nominee Will Be a White Male Asshole'