PPDT - 01/09/2012 Monday - PP-XLF = 13.40

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.40
MP=13.45 R1=13.49 MP=13.54 R2=13.58 MP=13.67 R3=13.76 MP=13.85 R4=13.94
MP=13.36 S1=13.31 MP=13.27 S2=13.22 MP=13.13 S3=13.04 MP=12.95 S4=12.86
O=13.49 H=13.49 L=13.31 C=13.4

FAS PP=69.57
MP=70.23 R1=70.88 MP=71.58 R2=72.27 MP=73.62 R3=74.97 MP=76.32 R4=77.67
MP=68.88 S1=68.18 MP=67.53 S2=66.87 MP=65.52 S3=64.17 MP=62.82 S4=61.47
O=70.88 H=70.96 L=68.26 C=69.49

FAZ PP=34.57
MP=34.90 R1=35.23 MP=35.55 R2=35.86 MP=36.50 R3=37.15 MP=37.79 R4=38.44
MP=34.26 S1=33.94 MP=33.61 S2=33.28 MP=32.63 S3=31.99 MP=31.34 S4=30.70
O=33.96 H=35.19 L=33.9 C=34.61

SPY PP=127.74
MP=127.97 R1=128.19 MP=128.43 R2=128.67 MP=129.14 R3=129.60 MP=130.07 R4=130.53
MP=127.50 S1=127.26 MP=127.04 S2=126.81 MP=126.35 S3=125.88 MP=125.42 S4=124.95
O=128.2 H=128.22 L=127.29 C=127.71

SPG PP=127.24
MP=127.53 R1=127.81 MP=128.31 R2=128.80 MP=129.58 R3=130.36 MP=131.14 R4=131.92
MP=126.75 S1=126.25 MP=125.97 S2=125.68 MP=124.90 S3=124.12 MP=123.34 S4=122.56
O=127.79 H=128.23 L=126.67 C=126.82

GS PP=93.27
MP=93.69 R1=94.11 MP=94.46 R2=94.81 MP=95.58 R3=96.35 MP=97.12 R4=97.89
MP=92.92 S1=92.57 MP=92.15 S2=91.73 MP=90.96 S3=90.19 MP=89.42 S4=88.65
O=93.8 H=93.96 L=92.42 C=93.42

JPM PP=35.42
MP=35.57 R1=35.71 MP=35.88 R2=36.05 MP=36.37 R3=36.68 MP=37.00 R4=37.31
MP=35.25 S1=35.08 MP=34.94 S2=34.79 MP=34.48 S3=34.16 MP=33.85 S4=33.53
O=35.69 H=35.77 L=35.14 C=35.36

MS PP=15.98
MP=16.08 R1=16.17 MP=16.30 R2=16.43 MP=16.66 R3=16.88 MP=17.11 R4=17.33
MP=15.85 S1=15.72 MP=15.63 S2=15.53 MP=15.31 S3=15.08 MP=14.86 S4=14.63
O=16.08 H=16.25 L=15.8 C=15.9

C PP=28.54
MP=28.81 R1=29.07 MP=29.33 R2=29.59 MP=30.12 R3=30.64 MP=31.17 R4=31.69
MP=28.28 S1=28.02 MP=27.76 S2=27.49 MP=26.97 S3=26.44 MP=25.92 S4=25.39
O=28.66 H=29.06 L=28.01 C=28.55

VIX PP=20.98
MP=21.18 R1=21.37 MP=21.75 R2=22.12 MP=22.69 R3=23.26 MP=23.83 R4=24.40
MP=20.61 S1=20.23 MP=20.04 S2=19.84 MP=19.27 S3=18.70 MP=18.13 S4=17.56
O=21.24 H=21.72 L=20.58 C=20.63

UUP PP=22.72
MP=22.75 R1=22.77 MP=22.79 R2=22.81 MP=22.86 R3=22.90 MP=22.95 R4=22.99
MP=22.70 S1=22.68 MP=22.66 S2=22.63 MP=22.59 S3=22.54 MP=22.50 S4=22.45
O=22.68 H=22.77 L=22.68 C=22.72

FROM: www.econoday.com

Economic Events & Analysis - 01/09/2012 Monday


11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction
12:40 PM ET Dennis Lockhart Speaks
3:00 PM ET Consumer Credit


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 1668.87
R2 1644.07
R1 1630.83

PP 1619.27

S1 1606.03
S2 1594.47
S3 1569.67


SILVER

R3 31.16
R2 30.08
R1 29.46

PP 29.00

S1 28.38
S2 27.92
S3 26.84


IWM

R3 77.03
R2 75.92
R1 75.36

PP 74.81

S1 74.25
S2 73.70
S3 72.59




TNA

R3 50.71
R2 48.65
R1 47.61

PP 46.59

S1 45.55
S2 44.33
S3 42.47



TZA

R3 27.64
R2 26.53
R1 25.99

PP 25.42

S1 24.88
S2 24.31
S3 23.20


SDS

R3 19.16
R2 18.89
R1 18.75

PP 18.62

S1 18.48
S2 18.35
S3 18.08

SSO

R3 49.42
R2 48.71
R1 48.38

PP 48.00

S1 47.67
S2 47.29
S3 46.58

…………………………..GLTA

[ask2lern]

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

All indexes facing bearish patterns

There was very little change in markets on Friday, with the Nasdaq 100 taking the lead as outperformer on the day and year to date.

Other than some tweaks to existing supports at moving-average levels, there were no changes of note. This could be a pause before we get more earnings reports in coming weeks as the season heats up.

One potential pattern to be aware of in all of the indexes is a rising bearish "wedge." If these formations are to trigger, they would need to do so in the next few days. If they do not, the patterns will expire.

Nasdaq 100 (NDX)
Support is at 2343.10, then a previous pivot high at 2337.70, and thereafter at 2316.90. Resistance is at 2359.82, then at 2375.10, and after that at 2389.91.

S&P 500 (SPX)
Support is at a previous pivot high at 1277.55, then its 10-day moving average at 1266.83, and thereafter at its 50-day moving average at 1240.85. Resistance is at 1284.91, then at the October 2011 pivot high at 1292.66, and at 1305.44 after that.

Russell 2000 (RUT)
Support is at its 10-day moving average at 746.75 and then at 735.03. Below that, next support is at its 50-day moving average at 731.39 and then at 715.09. Resistance remains at a recent pivot high at 752.71, then at its 200-day moving average at 761.44, and thereafter at 773.58.

[ask2lern]

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

Consumer credit data tops calendar

There is just one report set on today's economic calendar, and that is consumer credit. Unless there is a big positive or negative shift in the number, it isn't likely to produce much market reaction.

The report, out at 3 p.m. ET, has consensus forecast at $7.6 billion of new debt. The range of estimates is from $3.5 billion to $11.6 billion. Traders may be more bullish if they see consumers willing to leverage up by adding more debt.

[cosmic]

I was watching IWM just now blinking red/green around 74.95-74.99 and it was looking so odd that I went and looked up TRIN.

LOL @ 1.19

[cosmic]

Here we go now. Lots of "action" and indices are struggling

[Clinton SPX]

spy wants to tag that 200m10 again most likely

[cosmic]

It feels like a bear stomping around the room, looking at my big watchlist and how things are blinking

[Clinton SPX]

I dont know, its Monday. seems they let the Mutual funds buy high at the open then drop it so they can buy in cheaper

[cosmic]

Agreed - I couldn't enter a trade if I wanted to - it's just all over and while there seems to be a general upward tilt I can't feel it at all. It feels like OPEX. Just grind grind grind.

[Clinton SPX]

all gold miners green
little more than half of silver miners green
on my list

[cosmic]

FAS and DRN weak overall, looks like selling of the rally leaders. DRN has the SPG problem (too much of it) and FAS has the BAC problem. Thus these tools are crap unless those two constituents are trending.

DRN sure as hell ain't gonna pick up because of MPG, and FAS sure as heck isn't going to pop with Citi

[Clinton SPX]

Jan 9, 2012 9:43:54 GMT -5 Clinton SPX said:

spy wants to tag that 200m10 again most likely

nope, 3 tails and up we go

[cosmic]

Literally a minute after my posting on FAS and DRN they turned around. Maybe we pull the curtain here to keep out bots?

[cosmic]

The REASON I say that is c'mon, MPG is completely unbuyable and uninvestable.

And yet, it was down till I mentioned it then it's green? no one but a dumb bot would buy that turd.

By the way Bots, I am not short MPG, SPG, DRN, or FAS.

[jack]

Jan 9, 2012 10:20:26 GMT -5 cosmic said:

The REASON I say that is c'mon, MPG is completely unbuyable and uninvestable.

And yet, it was down till I mentioned it then it's green? no one but a dumb bot would buy that turd.

By the way Bots, I am not short MPG, SPG, DRN, or FAS.

"Hehy heh heh! Vee hev osser vays to mek yu looooose!"

[cosmic]

NPBC mark = 8.93

[Clinton SPX]

Jan 9, 2012 10:23:47 GMT -5 jack said:

Jan 9, 2012 10:20:26 GMT -5 cosmic said:

The REASON I say that is c'mon, MPG is completely unbuyable and uninvestable.

And yet, it was down till I mentioned it then it's green? no one but a dumb bot would buy that turd.

By the way Bots, I am not short MPG, SPG, DRN, or FAS.

"Hehy heh heh! Vee hev osser vays to mek yu looooose!"

Loose!?! sounds painful

[cosmic]

TVIX 24.62

[theMIST]

I'm thinking that BAC has now become the official key to this market (S&P, DOW)

[cosmic]

Jan 9, 2012 10:29:48 GMT -5 cosmic said:

NPBC mark = 8.93

11 minutes later, NPBC = 8.86


Any Questions? LOL

[Clinton SPX]

I was listening to Glenn Beck on my drive to work and he was trying to explain a Zerohedge story he had read, but had to dumb it down enough for his audience to understand it. Kind of funny, almost.

[cosmic]

Jan 9, 2012 10:31:41 GMT -5 cosmic said:

TVIX 24.62

TVIX now 25.22

[Clinton SPX]

Jan 9, 2012 9:43:54 GMT -5 Clinton SPX said:

spy wants to tag that 200m10 again most likely

There's the touch after all. sneaky market

[jack]

Jan 9, 2012 11:22:27 GMT -5 Clinton SPX said:

I was listening to Glenn Beck on my drive to work and he was trying to explain a Zerohedge story he had read, but had to dumb it down enough for his audience to understand it. Kind of funny, almost.

Bush's (or was it Clinton's?) "No child left behind" program at work no doubt.

[Clinton SPX]

Jan 9, 2012 11:35:36 GMT -5 jack said:

Jan 9, 2012 11:22:27 GMT -5 Clinton SPX said:

I was listening to Glenn Beck on my drive to work and he was trying to explain a Zerohedge story he had read, but had to dumb it down enough for his audience to understand it. Kind of funny, almost.

Bush's (or was it Clinton's?) "No child left behind" program at work no doubt.

No, he was trying to explain the Italian bond market. LOL

[jack]

Jan 9, 2012 11:39:03 GMT -5 Clinton SPX said:

Jan 9, 2012 11:35:36 GMT -5 jack said:

Bush's (or was it Clinton's?) "No child left behind" program at work no doubt.

No, he was trying to explain the Italian bond market. LOL

Well like you once said about our own bond market Clint...an Italian I'm sure would say:

"Sure its a Ponzi scheme - BUT its OUR Ponzi Scheme!!! "[/size]

That will forever be a classic and an exalt to you.

[jack]

...or was that about Social Security(?) sh_t I can't remember wtf there's no diff anyway.

[Clinton SPX]

Thats not my quote, but I like it.

[cosmic]

Almost all the Bid/Asks that I watch are under sell pressure right now. Yet the TRIN has dropped from above 1.0 so that's heading more bullish... as if the bear stampede is tiring of pushing down.