PPDT - 02/02/2012 Thursday - PP-XLF = 14.28

[ask2lern]

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


GOLD


R3 1770.63
R2 1757.73
R1 1750.87

PP 1744.83

S1 1737.97
S2 1731.93
S3 1719.03


SILVER

R3 35.12
R2 34.46
R1 34.14

PP 33.80

S1 33.48
S2 33.14
S3 32.48


IWM

R3 83.22
R2 81.79
R1 81.26

PP 80.36

S1 79.83
S2 78.93
S3 77.50




TNA

R3 63.35
R2 60.42
R1 59.37

PP 57.49

S1 56.44
S2 54.56
S3 51.63



TZA

R3 22.59
R2 21.45
R1 20.73

PP 20.31

S1 19.59
S2 19.17
S3 18.03


SDS

R3 17.81
R2 17.54
R1 17.42

PP 17.27

S1 17.15
S2 17.00
S3 16.73

SSO

R3 53.11
R2 52.34
R1 51.90

PP 51.57

S1 51.13
S2 50.80
S3 50.03

…………………………..GLTA


As a reminder this will be my last PP post until 2/20.......................

[ask2lern]

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

Nasdaq 100 breaks out to 11-year high


The indexes finished higher yesterday, with the Nasdaq 100 hitting an 11-year high and the Russell 2000 climbing to the highest level in six months.

The S&P 500 and the Nasdaq 100 pulled back from their session highs at midday, but the Russell 2000 finished at its peak, picking up twice the gains of the other indexes.

Nasdaq 100 (NDX)
Support is 2481.51, then 2455.34, and further down at 2412.52. Resistance at 2497.31

S&P 500 (SPX)
Support is at 1317.09 and 1292.66. Resistance at 1328.3 and then 1330.52.

Russell 2000 (RUT)
Support is 800.22 and 792.06. Resistance is 815.97 and 841.82.

[ask2lern]

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

Economic calendar focuses on job data

Today's economic data focuses on the U.S. labor market, which could boost or weaken investor confidence before tomorrow's key non-farm payrolls report.

The news begins at 7:30 a.m. ET when Challenger, Gray & Christmas announces planned job cuts. In December, the total fell to a six-month low of 41,785. Economists don't publish forecasts for the report, but a drop below that level would be considered bullish while a higher reading would be bearish.

Challenger separately reported last week that job cuts in the technology sector last year fell to the lowest level since at least 1997.

The Labor Department will release weekly initial jobless claims one hour later. Like the Challenger data, smaller numbers would be considered positive and larger data points would be negative. Economists expect it to remain unchanged at 375,000.

Tomorrow will also see the release of quarterly productivity and labor costs at 8:30 a.m. Productivity is expected to rise 0.5 percent, down from the previous 2.3 percent. A lower reading could also be considered positive because productivity tends to decline when employment is expanding.

Unit labor costs are also expected to increase 0.7 percent versus a 2.5 percent drop. A strong reading would be bullish because it would signal that companies are eager to hire.

The weekly natural-gas report is scheduled for 10:30 a.m. ET. A large negative number would potentially be bullish because it would indicate that inventories are falling. The trajectory for gas, however, has been extremely bearish recently as shale fields flood North America with cheap supplies.

[ask2lern]

alaidi Ashraf Laidi
Challenger Jan jobs cuts rose 39% y/y. Planned cuts 53486, highest since Sep 2011#forex
4 minutes ago Favorite Retweet Reply

[ask2lern]

Attitrade Darren Miller
59.4% of the $SPX components will start the day with an RSI(2) >70.
1 minute ago Favorite Retweet Reply

Attitrade Darren Miller
72.2% of the $SPX components closed ^ their 5-day SMA yesterday.
2 minutes ago Favorite Retweet Reply

[ask2lern]

mrtopstep Mr TopStep
NOT A BEAR IN THE HOUSE - tinyurl.com/6mhc3np $$
2 minutes ago Favorite Retweet Reply

[tajmahal9898]

Feb 2, 2012 7:32:58 GMT -5 ask2lern said:

As a reminder this will be my last PP post until 2/20.......................

Are you going somewhere A2L ?

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=14.28
MP=14.33 R1=14.38 MP=14.43 R2=14.48 MP=14.58 R3=14.68 MP=14.78 R4=14.88
MP=14.23 S1=14.18 MP=14.13 S2=14.08 MP=13.98 S3=13.88 MP=13.78 S4=13.68
O=14.18 H=14.38 L=14.18 C=14.28

FAS PP=82.84
MP=83.70 R1=84.56 MP=85.31 R2=86.05 MP=87.66 R3=89.26 MP=90.87 R4=92.47
MP=82.10 S1=81.35 MP=80.49 S2=79.63 MP=78.03 S3=76.42 MP=74.82 S4=73.21
O=81.18 H=84.34 L=81.13 C=83.06

FAZ PP=28.60
MP=28.88 R1=29.16 MP=29.49 R2=29.81 MP=30.42 R3=31.02 MP=31.63 R4=32.23
MP=28.28 S1=27.95 MP=27.67 S2=27.39 MP=26.79 S3=26.18 MP=25.58 S4=24.97
O=29.21 H=29.25 L=28.04 C=28.51

SPY PP=132.58
MP=132.81 R1=133.03 MP=133.31 R2=133.59 MP=134.10 R3=134.60 MP=135.11 R4=135.61
MP=132.30 S1=132.02 MP=131.80 S2=131.57 MP=131.07 S3=130.56 MP=130.06 S4=129.55
O=132.29 H=133.14 L=132.13 C=132.47

SPG PP=136.49
MP=136.95 R1=137.40 MP=137.85 R2=138.30 MP=139.21 R3=140.11 MP=141.02 R4=141.92
MP=136.04 S1=135.59 MP=135.14 S2=134.68 MP=133.78 S3=132.87 MP=131.97 S4=131.06
O=136.81 H=137.39 L=135.58 C=136.5

GS PP=113.90
MP=115.05 R1=116.20 MP=117.57 R2=118.94 MP=121.46 R3=123.98 MP=126.50 R4=129.02
MP=112.53 S1=111.16 MP=110.01 S2=108.86 MP=106.34 S3=103.82 MP=101.30 S4=98.78
O=112.61 H=116.65 L=111.61 C=113.45

JPM PP=37.71
MP=37.82 R1=37.92 MP=38.08 R2=38.24 MP=38.51 R3=38.77 MP=39.04 R4=39.30
MP=37.55 S1=37.39 MP=37.29 S2=37.18 MP=36.92 S3=36.65 MP=36.39 S4=36.12
O=37.89 H=38.03 L=37.5 C=37.6

MS PP=19.50
MP=19.74 R1=19.98 MP=20.28 R2=20.58 MP=21.12 R3=21.66 MP=22.20 R4=22.74
MP=19.20 S1=18.90 MP=18.66 S2=18.42 MP=17.88 S3=17.34 MP=16.80 S4=16.26
O=19.19 H=20.09 L=19.01 C=19.39

C PP=31.60
MP=31.83 R1=32.05 MP=32.28 R2=32.51 MP=32.96 R3=33.42 MP=33.87 R4=34.33
MP=31.37 S1=31.14 MP=30.92 S2=30.69 MP=30.23 S3=29.78 MP=29.32 S4=28.87
O=31.27 H=32.05 L=31.14 C=31.6

VIX PP=18.45
MP=18.69 R1=18.92 MP=19.10 R2=19.28 MP=19.70 R3=20.11 MP=20.53 R4=20.94
MP=18.27 S1=18.09 MP=17.86 S2=17.62 MP=17.21 S3=16.79 MP=16.38 S4=15.96
O=18.68 H=18.82 L=17.99 C=18.55

UUP PP=21.99
MP=22.02 R1=22.05 MP=22.07 R2=22.08 MP=22.13 R3=22.17 MP=22.22 R4=22.26
MP=21.98 S1=21.96 MP=21.93 S2=21.90 MP=21.86 S3=21.81 MP=21.77 S4=21.72
O=22 H=22.02 L=21.93 C=22.02

FROM: www.econoday.com

Economic Events & Analysis - 02/02/2012 Thursday


Weekly Bill Settlement

Chain Store Sales

7:30 AM ET Challenger Job-Cut Report
8:30 AM ET Jobless Claims
8:30 AM ET Productivity and Costs
9:45 AM ET Bloomberg Consumer Comfort Index
10:00 AM ET Ben Bernanke Speaks
10:30 AM ET EIA Natural Gas 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
12:00 PM ET Speech
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply
7:15 PM ET Richard Fisher 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.

[dino]

Feb 2, 2012 8:10:35 GMT -5 tajmahal9898 said:

Feb 2, 2012 7:32:58 GMT -5 ask2lern said:

As a reminder this will be my last PP post until 2/20.......................

Are you going somewhere A2L ?

He's going on a cruise Taj. I think there's a thread in the Saloon about it.

HaVe fun Ask. Hope Keno does ok while you're gone. My lab hardly eats when we go away... :-(

[Clinton SPX]

Oil Below 97

[Clinton SPX]

repubs gonna bust the bernank's balls today

[walnut]

Yesterday on CNBC Bill Gross gave the Bernank a 9 out of 10 job performance rating. I thought that was interesting.

[Clinton SPX]

Bulls love this Obama/Bernank market
go figure

[Clinton SPX]

BTFD is back
i just cant get used to it

[Clinton SPX]

gold and silver goin nuts

[rex]

Ben incredibly negative on the out look. No wonder we're rallying. Big boys gonna come in and short this soon!!!

[jack]

Feb 2, 2012 10:17:03 GMT -5 Clinton SPX said:

gold and silver goin nuts

Up 0.42% is "goin nuts?"

Don't get me wrong - I like it!

[walnut]

Could you all sell a bunch of SP 500 stocks? Borrow them if you have to.

[rex]

If it wasn't for the bank stocks, we'd be having a wonderfully shitty day today!!!

[Clinton SPX]

Feb 2, 2012 10:32:06 GMT -5 jack said:

Feb 2, 2012 10:17:03 GMT -5 Clinton SPX said:

gold and silver goin nuts

Up 0.42% is "goin nuts?"

Don't get me wrong - I like it!

LOL, was all in 2 ten min candles though, went from red to pow!!

[Clinton SPX]

its killing me to not be able to short this market (still waiting on my new account)

[crumbdon]

Feb 2, 2012 11:38:22 GMT -5 Clinton SPX said:

its killing me to not be able to short this market (still waiting on my new account)

Don't worry about what you're mising out on today. This has barely started. Banks have yet to roll over, prolly won't happen today. Once they do, you will still have many many good short opportunities ahead.

[novice08]

psar on 5 minute crossed to positive...

[walnut]

You guys can read a lot more into this than I can. I don't have a clue.

[tajmahal9898]

Feb 2, 2012 8:43:03 GMT -5 dino said:

Feb 2, 2012 8:10:35 GMT -5 tajmahal9898 said:

Are you going somewhere A2L ?

He's going on a cruise Taj. I think there's a thread in the Saloon about it.

HaVe fun Ask. Hope Keno does ok while you're gone. My lab hardly eats when we go away... :-(

Thanks Dino for the update.. I hardly wander around Saloon as we CAians don't carry gun with us...

Have fun Ask... I am going to Mexico (cruise) in 3 weeks

[kryptos2009]

Bought 200 AGQ @ $61.30 for a scalp (12:37 ET)

up 1.79% now

Trailing Stop active @ $0.25

T-Stop hit, sold @ 62.385

+1.60% / +$197.02 ;D

[fariba]

$spx over the sma 8 and sma 20 on daily chart. on 10 day chart dbl top down to support above the 20 sma and the goog support built at 1318-1319( low was 1321 and change). now over 1325. if we stay over 1322 which is my mark as in prio post and manage to rally over 1331..then set up for an up wave to 1240-1250. but must stay over 1322 and rally up. fyi...look at isrg. aapl is consolidating. like isrg the lob=nger it churns in a tight range, the greater it will go up. it willg o up to hit the after hour high in 460's

[fariba]

sorry that is 1340-1350

[tarzan]

Today - Thursday, February 2, 2012
FB, GSVC 8:11 PM Investors looking for ways to play the Facebook (FB) IPO have taken shares of GSV Capital (GSVC) on a tear, up over 32% during the past seven trading sessions. The San Francisco-based business-development company invests in many of the biggest names in technology before they go public. Facebook, Twitter and Zynga (ZNGA) are among its impressive roster, and snapped up when their IPOs were nothing more than rumor. [Tech] Comment!

7:59 PM While there are still plenty of risks to an economic recovery, the start of 2012 is nothing like the 2008-2009 crisis, observes Goldman's Jim O'Neill. One third of the euro zone that’s supposedly falling apart is actually improving, and China appears close to a soft landing. "The evidence from all over the place is that it’s nothing like '08." [Global & FX, U.S. Economy] 2 Comments

[kbk3ck]

Feb 2, 2012 13:27:38 GMT -5 kryptos2009 said:

Bought 200 AGQ @ $61.30 for a scalp (12:37 ET)

up 1.79% now

Trailing Stop active @ $0.25

T-Stop hit, sold @ 62.385

+1.60% / +$197.02 ;D

Great job Kryp!!!!