PPDT - 01/24/2012 Tuesday - PP-XLF = 14.19

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=14.19
MP=14.24 R1=14.29 MP=14.34 R2=14.38 MP=14.48 R3=14.57 MP=14.67 R4=14.76
MP=14.15 S1=14.10 MP=14.05 S2=14.00 MP=13.91 S3=13.81 MP=13.72 S4=13.62
O=14.15 H=14.29 L=14.1 C=14.19

FAS PP=80.99
MP=81.72 R1=82.44 MP=83.23 R2=84.02 MP=85.54 R3=87.05 MP=88.57 R4=90.08
MP=80.20 S1=79.41 MP=78.69 S2=77.96 MP=76.45 S3=74.93 MP=73.42 S4=71.90
O=80.35 H=82.57 L=79.54 C=80.86

FAZ PP=29.39
MP=29.67 R1=29.95 MP=30.23 R2=30.50 MP=31.05 R3=31.61 MP=32.16 R4=32.72
MP=29.12 S1=28.84 MP=28.56 S2=28.28 MP=27.72 S3=27.17 MP=26.61 S4=26.06
O=29.62 H=29.93 L=28.82 C=29.41

SPY PP=131.61
MP=131.93 R1=132.25 MP=132.57 R2=132.88 MP=133.52 R3=134.15 MP=134.79 R4=135.42
MP=131.30 S1=130.98 MP=130.66 S2=130.34 MP=129.71 S3=129.07 MP=128.44 S4=127.80
O=131.51 H=132.25 L=130.98 C=131.61

SPG PP=131.69
MP=132.13 R1=132.56 MP=133.02 R2=133.48 MP=134.38 R3=135.27 MP=136.17 R4=137.06
MP=131.23 S1=130.77 MP=130.34 S2=129.90 MP=129.01 S3=128.11 MP=127.22 S4=126.32
O=131.64 H=132.62 L=130.83 C=131.63

GS PP=108.87
MP=109.55 R1=110.22 MP=111.24 R2=112.25 MP=113.94 R3=115.63 MP=117.32 R4=119.01
MP=107.86 S1=106.84 MP=106.17 S2=105.49 MP=103.80 S3=102.11 MP=100.42 S4=98.73
O=108.49 H=110.9 L=107.52 C=108.19

JPM PP=37.62
MP=37.80 R1=37.98 MP=38.14 R2=38.29 MP=38.63 R3=38.96 MP=39.30 R4=39.63
MP=37.47 S1=37.31 MP=37.13 S2=36.95 MP=36.62 S3=36.28 MP=35.95 S4=35.61
O=37.31 H=37.94 L=37.27 C=37.66

MS PP=18.27
MP=18.44 R1=18.61 MP=18.82 R2=19.02 MP=19.39 R3=19.77 MP=20.14 R4=20.52
MP=18.07 S1=17.86 MP=17.69 S2=17.52 MP=17.14 S3=16.77 MP=16.39 S4=16.02
O=17.99 H=18.67 L=17.92 C=18.21

C PP=29.86
MP=30.09 R1=30.32 MP=30.55 R2=30.78 MP=31.24 R3=31.70 MP=32.16 R4=32.62
MP=29.63 S1=29.40 MP=29.17 S2=28.94 MP=28.48 S3=28.02 MP=27.56 S4=27.10
O=29.58 H=30.33 L=29.41 C=29.85

VIX PP=18.84
MP=18.99 R1=19.14 MP=19.37 R2=19.60 MP=19.98 R3=20.36 MP=20.74 R4=21.12
MP=18.61 S1=18.38 MP=18.23 S2=18.08 MP=17.70 S3=17.32 MP=16.94 S4=16.56
O=19.22 H=19.31 L=18.55 C=18.67

UUP PP=22.24
MP=22.26 R1=22.28 MP=22.30 R2=22.31 MP=22.35 R3=22.38 MP=22.42 R4=22.45
MP=22.23 S1=22.21 MP=22.19 S2=22.17 MP=22.14 S3=22.10 MP=22.07 S4=22.03
O=22.26 H=22.28 L=22.21 C=22.24

FROM: www.econoday.com

Economic Events & Analysis - 01/24/2012 Tuesday


FOMC Meeting Begins

7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
10:00 AM ET Richmond Fed Manufacturing Index
11:30 AM ET 4-Week Bill Auction
1:00 PM ET 2-Yr Note Auction
9:00 PM ET Obama 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 1709.17
R2 1692.17
R1 1684.73

PP 1675.17

S1 1667.73
S2 1658.17
S3 1641.17


SILVER

R3 34.42
R2 33.40
R1 32.93

PP 32.38

S1 31.91
S2 31.36
S3 30.34


IWM

R3 80.76
R2 79.47
R1 78.81

PP 78.18

S1 77.52
S2 76.89
S3 75.60




TNA

R3 58.27
R2 55.64
R1 54.30

PP 53.01

S1 51.67
S2 50.38
S3 47.45



TZA

R3 24.33
R2 23.24
R1 22.71

PP 22.15

S1 21.62
S2 21.06
S3 19.97


SDS

R3 18.24
R2 17.89
R1 17.72

PP 17.54

S1 17.37
S2 17.19
S3 16.84

SSO

R3 52.84
R2 51.86
R1 51.37

PP 50.88

S1 50.39
S2 49.90
S3 48.92

…………………………..GLTA

[ask2lern]

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


Small index moves don't change levels

The indexes didn't move enough yesterday to affect technical levels.

Other than some adjustments based on moving averages, levels are unchanged from yesterday morning. I am leaving the S&P 500 resistance in place, given the slip in futures after yesterday's close.

Nasdaq 100 (NDX)
Support is at the October pivot high of 2412.52 and then at 2389.91. Resistance is at the 52-week high of 2445.59 and then at 2467.46.

S&P 500 (SPX)
Support is at 1305.44, 1292.66, and 1284.91. Resistance is at 1315.94, 1326.05, and 1331.48.

Russell 2000 (RUT)
Support at 773.58, then its 10-day moving average at 771.50, and thereafter at a recent pivot high of 752.71. Resistance is at 786.24 and at 801.71.

[ask2lern]

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

Retail reports lead economic calendar

The economic calendar is light today, including only the weekly retail sales reports. President Obama speaks to the nation at 9 p.m. ET, which could affect markets tomorrow morning.

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 and the year-over-year comparisons. Most traders focus on the year-over-year number because it is a better indicator of the longer-term trend.

The last week-over-week reading came in unchanged, but the previous year-over-year data showed a gain of 3 percent. Stronger-than-expected numbers would be seen as bullish, while negative readings would be bearish.

The weekly Redbook Store Sales will come out at 8:55 a.m. ET. As with the ICSC-Goldman report, there are two components to watch, the month-over-month year-over-year comparisons.

The last month-over-month change came in at -1 percent, while the year-over-year data showed a gain of 3 percent. Negative numbers in either series would be bearish.

[ask2lern]

I am not sure the data is correct as I had tech issues yesterday pretty sure they are all fixed but I am showing futures red so my computer may still be broken...............................

[kryptos2009]

A2L, Good Morning and thanks for all the info!!!

[ask2lern]

redliontrader redliontrader
Eight of Nine bullish breadth days.. trend continues $study bit.ly/znFx0n
5 minutes ago Favorite Retweet Reply

[ask2lern]

themoneygame The Money Game
These Technical Indicators Suggest The Rally Will End Today by @macr0man read.bi/ziZyI6
1 minute ago Favorite Retweet Reply

[Clinton SPX]

looks like silver is first to bounce

[Rich]

It looks like treasuries have come to a halt.

short term bullish for the market

perhaps more than short term.

[Clinton SPX]

got some low bids in, we'll see what fills

[walnut]

May be a brief dip listening to you two.

[Clinton SPX]

got some oil

[Rich]

The consensus of the television einsteins is that a dip is coming of some sort, large or small.

makes sense, I guess

[Clinton SPX]

I think that EU Iran boycott should give me a bump later

[jack]

So what if all my bluechips are down - the important thing is my crap stocks are up!

[Clinton SPX]

first pivots have been at 10:10 lately so I may be a tad early

[Rich]

Jan 24, 2012 9:54:52 GMT -5 Clinton SPX said:

I think that EU Iran boycott should give me a bump later

oil is so hard to trade st.

GL

[Clinton SPX]

IMF just cut global growth to 3%

as long as it isnt a neg number I dont see what the big deal is.

[Clinton SPX]

for Oil I shoot for 1-2% and then sell it. pretty easy trade if thats all you target for

[Rich]

I think it will blast off at some point this year.

and, of course, there should be a moderate rise for the summer

[Clinton SPX]

65% beat rate for earnings so far

[Rich]

did you see haliburton?

geez....

they must have begun the star wars project

[Clinton SPX]

If congress wants to trade on insider info they should have to post their trades in real time on twitter or something

[Clinton SPX]

JPM getting bought up
they had a big drop

[Clinton SPX]

SOXL and XAL looking bullish

[Rich]

Jan 24, 2012 10:11:10 GMT -5 Clinton SPX said:

If congress wants to trade on insider info they should have to post their trades in real time on twitter or something

I'd buy that dip without even thinking about it

What's Maxi got to say?

She knows HAL up and down

[Clinton SPX]

euro on the move
up

[Clinton SPX]

I dont follow HAL

I watch XOM CVX FEG

[Clinton SPX]

20% of customers closed their accounts at BAC when they announced that $5 fee
mwa ha ha hahh a