PPDT - 01/10/2012 Tuesday - PP-XLF = 13.46

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=13.46
MP=13.50 R1=13.54 MP=13.58 R2=13.61 MP=13.69 R3=13.76 MP=13.84 R4=13.91
MP=13.43 S1=13.39 MP=13.35 S2=13.31 MP=13.24 S3=13.16 MP=13.09 S4=13.01
O=13.45 H=13.53 L=13.38 C=13.47

FAS PP=70.32
MP=70.84 R1=71.35 MP=71.83 R2=72.30 MP=73.29 R3=74.28 MP=75.27 R4=76.26
MP=69.85 S1=69.37 MP=68.86 S2=68.34 MP=67.35 S3=66.36 MP=65.37 S4=64.38
O=70.47 H=71.28 L=69.3 C=70.39

FAZ PP=34.17
MP=34.40 R1=34.63 MP=34.89 R2=35.15 MP=35.64 R3=36.13 MP=36.62 R4=37.11
MP=33.91 S1=33.65 MP=33.42 S2=33.19 MP=32.70 S3=32.21 MP=31.72 S4=31.23
O=34.11 H=34.69 L=33.71 C=34.11

SPY PP=127.87
MP=128.10 R1=128.33 MP=128.49 R2=128.64 MP=129.03 R3=129.41 MP=129.80 R4=130.18
MP=127.72 S1=127.56 MP=127.33 S2=127.10 MP=126.72 S3=126.33 MP=125.95 S4=125.56
O=128 H=128.18 L=127.41 C=128.02

SPG PP=126.84
MP=127.13 R1=127.42 MP=127.77 R2=128.11 MP=128.75 R3=129.38 MP=130.02 R4=130.65
MP=126.50 S1=126.15 MP=125.86 S2=125.57 MP=124.94 S3=124.30 MP=123.67 S4=123.03
O=126.42 H=127.54 L=126.27 C=126.72

GS PP=94.25
MP=94.90 R1=95.55 MP=95.98 R2=96.40 MP=97.48 R3=98.55 MP=99.63 R4=100.70
MP=93.83 S1=93.40 MP=92.75 S2=92.10 MP=91.03 S3=89.95 MP=88.88 S4=87.80
O=93.49 H=95.11 L=92.96 C=94.69

JPM PP=35.32
MP=35.49 R1=35.66 MP=35.84 R2=36.01 MP=36.36 R3=36.70 MP=37.05 R4=37.39
MP=35.15 S1=34.97 MP=34.80 S2=34.63 MP=34.29 S3=33.94 MP=33.60 S4=33.25
O=35.44 H=35.68 L=34.99 C=35.3

MS PP=16.19
MP=16.33 R1=16.46 MP=16.59 R2=16.71 MP=16.97 R3=17.23 MP=17.49 R4=17.75
MP=16.07 S1=15.94 MP=15.81 S2=15.67 MP=15.41 S3=15.15 MP=14.89 S4=14.63
O=16 H=16.45 L=15.93 C=16.2

C PP=29.04
MP=29.23 R1=29.42 MP=29.60 R2=29.77 MP=30.13 R3=30.50 MP=30.86 R4=31.23
MP=28.87 S1=28.69 MP=28.50 S2=28.31 MP=27.94 S3=27.58 MP=27.21 S4=26.85
O=28.72 H=29.38 L=28.65 C=29.08

VIX PP=21.28
MP=21.43 R1=21.57 MP=21.82 R2=22.06 MP=22.45 R3=22.84 MP=23.23 R4=23.62
MP=21.04 S1=20.79 MP=20.65 S2=20.50 MP=20.11 S3=19.72 MP=19.33 S4=18.94
O=21.67 H=21.78 L=21 C=21.07

UUP PP=22.66
MP=22.68 R1=22.70 MP=22.73 R2=22.75 MP=22.80 R3=22.84 MP=22.89 R4=22.93
MP=22.64 S1=22.61 MP=22.59 S2=22.57 MP=22.53 S3=22.48 MP=22.44 S4=22.39
O=22.67 H=22.72 L=22.63 C=22.64

FROM: www.econoday.com

Economic Events & Analysis - 01/10/2012 Tuesday


7:30 AM ET NFIB Small Business Optimism Index
7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
10:00 AM ET Wholesale Trade
10:30 AM ET John Williams Speaks
11:30 AM ET 4-Week Bill Auction
11:30 AM ET 52-Week Bill Auction
1:00 PM ET Esther George Speaks
1:00 PM ET 3-Yr Note 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.

[kbk3ck]

Thanks Kryp. As alwayse "U ROCK"!!!!!!

[ask2lern]

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


GOLD


R3 1645.90
R2 1630.30
R1 1614.47

PP 1610.25

S1 1607.80
S2 1603.53
S3 1596.85


SILVER

R3 29.67
R2 29.36
R1 29.25

PP 29.05

S1 28.94
S2 28.74
S3 28.43


IWM

R3 76.74
R2 75.85
R1 75.51

PP 74.96

S1 74.62
S2 74.07
S3 73.18




TNA

R3 50.12
R2 48.48
R1 47.85

PP 46.84

S1 46.21
S2 45.20
S3 43.56



TZA

R3 27.05
R2 26.16
R1 25.61

PP 25.27

S1 24.72
S2 24.38
S3 23.49


SDS

R3 19.04
R2 18.82
R1 18.69

PP 18.60

S1 18.47
S2 18.38
S3 18.16

SSO

R3 49.20
R2 48.63
R1 48.39

PP 48.06

S1 47.82
S2 47.49
S3 46.92

…………………………..GLTA

Looks like we got another weeeeeeeeeeeeeeeeee!!!

[ask2lern]

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

Russell 2000 finally edges resistance

The indexes had an essentially flat session yesterday, with the Nasdaq 100 underperforming its peers. The Russell 2000 barely closed above initial resistance after several days of attempts to break out.

Other than in the Russell, there were no substantive changes to index levels despite some very large moves in individual names.

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

S&P 500 (SPX)
Support is at a previous pivot high at 1277.55, then its 10-day moving average at 1269.49, and its its 50-day moving average at 1241.63. Resistance is at 1284.91, then the October pivot high at 1292.66, and thereafter at 1305.44.

Russell 2000 (RUT)
Support at a recent pivot high at 752.71 and then at 747.55, its 10-day moving average. Below that support would be at 735.03 and then at 731.91, its 50-day moving average. Resistance is at its 200-day moving average at 761.12, then at 773.58, and at 786.24 after that.

[ask2lern]

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

Small-business, trade, retail data on tap

Today's economic calendar is relatively light, including small-business and wholesale-trade data as well as the weekly retail sales reports.

At 7:30 a.m. ET, the NFIB Small Business Optimism Index will be released. The index has risen steadily in the last several months, and traders will be looking for additional gains. Economists do not make forecasts for this report, which came in at 92 in the last reading. A number above 92 would be bullish, while one below 90 would likely be seen as bearish.

At 7:45 a.m. ET, the weekly ICSC/Goldman Store Sales report will be released. There are two parts to the report, the week-over-week change 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 number came in at 1.2 percent. The year-over-year data in the previous report showed a gain of 5.3 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 -2.1 percent. The previous report's year-over-year data showed a gain of 4.9 percent. Negative numbers in either series would be bearish.

At 10 a.m. ET, Wholesale Trade data will be reported. Inventories are expected to rise by 0.5 percent, while sales are expected to rise by 0.7 percent. That would be a nearly ideal outcome, as sales outstripping inventories is considered to be bullish. Estimates range from a drop in inventories of -0.1 percent to a gain of 1 percent.

The forecast range for sales is from a bearish gain of just 0.2 percent to a bullish gain of 1 percent. Traders will want to see a bullish gap of greater sales to inventories. A negative outcome would be weak sales with a large inventory build, which would suggest a drop in sales momentum and a potential inventory glut.

[ask2lern]

TheStalwart Joseph Weisenthal
NFIB Small Biz optimism is a snooze, btw. Up to 93.8, right as expected.
15 minutes ago Favorite Retweet Reply

[ask2lern]

Weeeeeeeeeeeeeeeeeeee......weeeeeeeeeeeee............ ;D

[ask2lern]

redliontrader redliontrader
Bulls take the breadth ball, time to hammer it home $study bit.ly/zdVq9L
33 minutes ago Favorite Retweet Reply

[ask2lern]

StockSage1 Robert Sinn
Futures trading near Oct 27th. high levels on $SPY (129.42) and $SPX (1292.66)
10 minutes ago Favorite Retweet Reply

[ask2lern]

I have 80.55 as a key level on DX FWIW.........................GLTA

[ask2lern]

Well as the parade goes on I stand on the sidewalk hoping that I may catch a piece of candy as the floats roll by...........I really like clowns too .................the SPY levels I am watching are wide 129.25 but then nothing until 128.45 then my good old 127.69......................GLTA

[ask2lern]

Pretty good buying on the offer of the Jan 21 SPY 129 and 130 CALLS...........a couple commercial blocks on the ask crossed and its nothing but air currently.......................

[novice08]

Silver appears to have broken out.

[ask2lern]

Jan 10, 2012 10:03:02 GMT -5 novice08 said:

Silver appears to have broken out.

Agree despite my bearishness on Silver I have been very impressed with its overall performance and as we all know price pays...................still not seeing a big pick up in retail but premiums are starting to increase slightly on physical so that could pick up.................when I looked at the metals markets this morning I assumed there had been a QE3 announcement..............the markets are sure acting like it......................GLTA

[natsalilfly]

Sold my 45 TNAs on oversold RSI. I think there's gonna be more air space before another entry point but I can't babysit this today. GL Fastopia ;D

[ask2lern]

Looking at the Etrade 60min TICK chart there have only been 2 negative -1000 in the last 20 trading days with the last one on Dec 19th ................I have not been watching much but that seems almost impossible................anyone else...............

[ask2lern]

ukarlewitz ukarlewitz
$CPC - lowest 30' closing value ( 0.66) since the Dec 6 top in $SPY. Your aunt just called and told she's long $FAS
15 minutes ago Favorite Retweet Reply

[kryptos2009]

Trailing Stop hit on AGQ position

Sold 950 AGQ @ 48.78

+6.02% / +$2,631.98

;D

[ask2lern]

I just got the following message from Etrade..................

Important Notice:
We realize that some customers may have had issues placing trades today. If you experienced difficulties placing an order, please contact us via phone (800-ETRADE1) or Secure Message through your account.

I am not trading so no big deal but if I was I would be hopping mad.........talk about a "Trap".............shouldn't have to worry about your broker too...............

[novice08]

Ever since MF Global, ask I think the reality is we all have to worry. How could over $1Bil. in client funds just disappear. We know they use our money since we have no paper certificates to say we own the stocks. It is a big concern. And Mr. Corzine is a free man!

[ask2lern]

Jan 10, 2012 11:47:24 GMT -5 novice08 said:

Ever since MF Global, ask I think the reality is we all have to worry. How could over $1Bil. in client funds just disappear. We know they use our money since we have no paper certificates to say we own the stocks. It is a big concern. And Mr. Corzine is a free man!

Just another reason I advocate physical possession of gold and silver...........................