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Post by ask2lern on Feb 28, 2012 6:46:03 GMT -5
Good Morning Gang Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1799.07 R2 1785.17 R1 1777.13
PP 1771.27
S1 1763.23 S2 1757.37 S3 1743.47
SILVER
R3 36.11 R2 35.79 R1 35.67
PP 35.47
S1 35.35 S2 35.15 S3 34.83
IWM
R3 85.63 R2 83.93 R1 83.22
PP 82.23
S1 81.52 S2 80.53 S3 78.83
TNA
R3 68.83 R2 65.01 R1 63.41
PP 61.19
S1 59.59 S2 57.37 S3 53.55
TZA
R3 20.90 R2 19.77 R1 19.11
PP 18.64
S1 17.98 S2 17.51 S3 16.38
SDS
R3 17.00 R2 16.59 R1 16.35
PP 16.18
S1 15.94 S2 15.77 S3 15.36
SSO
R3 57.70 R2 56.31 R1 55.77
PP 54.92
S1 54.38 S2 53.53 S3 52.14
…………………………..GLTA
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Post by ask2lern on Feb 28, 2012 6:47:25 GMT -5
From www.optionmonster.com ..................GLTA Indexes close in middle of day's rangeThe indexes were again mixed yesterday, though little-changed on the session as they climbed off their morning lows but finished off their afternoon highs. The Russell 2000 was again down slightly, giving up 0.26 points to close at 826.66. The S&P 500 was up 1.85 points, or 0.14 percent, to 1367.59. The Nasdaq 100 was up 2.55 points, or 0.1 percent to 2606.76. Both indexes saw multi-year intraday and closing highs. We saw another day of gains in the CBOE Volatility Index even as the S&P 500 was higher. (The two indexes usually trade inversely.) The VIX was up a whopping 5 percent to 18.19. Nasdaq 100 (NDX) Support is 2585.32, 2551.35, and 2532.26. Resistance is at 2616.86. S&P 500 (SPX)Support is at 1358.14, 1335.59, and 1300.49. Resistance is at 1371.59. Russell 2000 (RUT) Support is 824.45, 810.19, and 800.22. Resistance levels are 830.87 and 843.40.
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Post by ask2lern on Feb 28, 2012 6:48:59 GMT -5
From www.optionmonster.com ..........................GLTA Durable goods, home prices on docketToday's economic calendar features key reports on durable goods orders and home prices. The Commerce Department will release monthly durable goods orders for January at 8:30 a.m. ET. It contains a so-called headline number for all items and a core number that excludes volatile transportation equipment. The headline reading is expected to show a 1.4 percent decline, following a 3 percent gain in December. The core is expected to rise by 0.2 percent versus a 2.2 percent gain the previous month. Figures significantly above consensus would be bullish, and weaker numbers would be considered bearish. The data released today are preliminary, to be followed by a more complete set on March 5. The S&P Case-Shiller Home Price Index is scheduled for 9 a.m. ET. This report covers the month of December and could potentially affect trading in related stocks, such as homebuilders and companies that supply materials. The index is expected to show a decline of 3.6 percent, slightly better than November's 3.7 percent contraction. The Richmond Federal Reserve will also release its monthly manufacturing index at 10 a.m. ET. It's unlikely to affect trading because the report covers only a small district but is still worth watching for clues about the strength of the economy. Forecasters predict a reading of 10, down from 12 in January.
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Post by ask2lern on Feb 28, 2012 6:50:36 GMT -5
From www.optionmonster.com ......................GLTA What's behind sudden rise in the VIXThe unusual activity in the VIX and related futures continued yesterday. The S&P 500 was up fractionally on the day, while the volatility index was up by a significant 5 percent to 18.19. It is not uncommon for the VIX to be relatively higher on Mondays as the SPX options are repriced after the weekend time decay, but 5 percent is unusually large. (See our Education section) That move was supported by the action in the VIX futures, which don't have the statistical anomalies of the spot index reading. The March futures were up 1.65 percent to 21.55, as the premium over the spot VIX remains very large. The VIX usually moves inversely to the SPX. All of these implied volatility measures are expecting a huge increase in the volatility of the S&P 500--suggesting the possibility of a steep drop--as the 20- and 30-day historical volatility readings for that index are both below 8.5 percent.
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Post by ask2lern on Feb 28, 2012 7:45:26 GMT -5
redliontrader þ @redliontrader · Close Open Details Breadth is bearish, but price not following through, that is the sign of a rolling correction $study bit.ly/ztXvFV
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Post by ask2lern on Feb 28, 2012 7:49:58 GMT -5
ari5000 $SLV leading the pack usually sign of massive risk on action intraday. Feb. 28 at 6:48 AM from Twitter • Reply • Like • Flag • More
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Post by ask2lern on Feb 28, 2012 7:53:31 GMT -5
Joseph Weisenthal þ @thestalwart So far for 2012, this might be Chart Of The Year. read.bi/ADocDC
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Post by ask2lern on Feb 28, 2012 7:56:23 GMT -5
Carl Quintanilla þ @carlquintanilla Of the 25 times S&P rose in Jan/Feb -- as it has this yr -- it closed the year higher all but once. $$
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Post by kryptos2009 on Feb 28, 2012 8:00:20 GMT -5
Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=14.69 MP=14.80 R1=14.91 MP=14.97 R2=15.03 MP=15.20 R3=15.37 MP=15.54 R4=15.71 MP=14.63 S1=14.57 MP=14.46 S2=14.35 MP=14.18 S3=14.01 MP=13.84 S4=13.67 O=14.54 H=14.82 L=14.48 C=14.78 FAS PP=90.85 MP=92.58 R1=94.30 MP=95.24 R2=96.18 MP=98.85 R3=101.51 MP=104.18 R4=106.84 MP=89.91 S1=88.97 MP=87.25 S2=85.52 MP=82.86 S3=80.19 MP=77.53 S4=74.86 O=88.52 H=92.73 L=87.4 C=92.42 FAZ PP=25.65 MP=25.92 R1=26.19 MP=26.69 R2=27.18 MP=27.95 R3=28.71 MP=29.48 R4=30.24 MP=25.16 S1=24.66 MP=24.39 S2=24.12 MP=23.36 S3=22.59 MP=21.83 S4=21.06 O=26.34 H=26.65 L=25.12 C=25.19 SPY PP=136.83 MP=137.35 R1=137.86 MP=138.21 R2=138.56 MP=139.43 R3=140.29 MP=141.16 R4=142.02 MP=136.48 S1=136.13 MP=135.62 S2=135.10 MP=134.24 S3=133.37 MP=132.51 S4=131.64 O=136.02 H=137.53 L=135.8 C=137.16 SPG PP=136.27 MP=137.04 R1=137.81 MP=138.31 R2=138.81 MP=140.08 R3=141.35 MP=142.62 R4=143.89 MP=135.77 S1=135.27 MP=134.50 S2=133.73 MP=132.46 S3=131.19 MP=129.92 S4=128.65 O=135.42 H=137.26 L=134.72 C=136.82 GS PP=115.61 MP=116.44 R1=117.27 MP=117.80 R2=118.32 MP=119.67 R3=121.03 MP=122.38 R4=123.74 MP=115.09 S1=114.56 MP=113.73 S2=112.90 MP=111.54 S3=110.19 MP=108.83 S4=107.48 O=114.52 H=116.65 L=113.94 C=116.23 JPM PP=38.69 MP=39.15 R1=39.60 MP=39.87 R2=40.13 MP=40.85 R3=41.57 MP=42.29 R4=43.01 MP=38.43 S1=38.16 MP=37.71 S2=37.25 MP=36.53 S3=35.81 MP=35.09 S4=34.37 O=38.07 H=39.23 L=37.79 C=39.06 MS PP=18.60 MP=18.79 R1=18.98 MP=19.10 R2=19.22 MP=19.53 R3=19.84 MP=20.15 R4=20.46 MP=18.48 S1=18.36 MP=18.17 S2=17.98 MP=17.67 S3=17.36 MP=17.05 S4=16.74 O=18.33 H=18.83 L=18.21 C=18.75 C PP=32.63 MP=32.98 R1=33.33 MP=33.53 R2=33.73 MP=34.28 R3=34.83 MP=35.38 R4=35.93 MP=32.43 S1=32.23 MP=31.88 S2=31.53 MP=30.98 S3=30.43 MP=29.88 S4=29.33 O=32.05 H=33.03 L=31.93 C=32.93 VIX PP=18.34 MP=18.72 R1=19.09 MP=19.55 R2=20.01 MP=20.84 R3=21.68 MP=22.51 R4=23.35 MP=17.88 S1=17.42 MP=17.05 S2=16.67 MP=15.83 S3=15.00 MP=14.16 S4=13.33 O=19.1 H=19.25 L=17.58 C=18.18 UUP PP=21.88 MP=21.90 R1=21.91 MP=21.93 R2=21.95 MP=21.98 R3=22.02 MP=22.05 R4=22.09 MP=21.86 S1=21.84 MP=21.83 S2=21.81 MP=21.77 S3=21.74 MP=21.70 S4=21.67 O=21.9 H=21.91 L=21.84 C=21.88 FROM: www.econoday.comEconomic Events & Analysis - 02/28/2012 Tuesday7:45 AM ET ICSC-Goldman Store Sales 8:30 AM ET Durable Goods Orders 8:55 AM ET Redbook 9:00 AM ET S&P Case-Shiller HPI 10:00 AM ET Consumer Confidence 10:00 AM ET Elizabeth Duke Speaks 10:00 AM ET Richmond Fed Manufacturing Index 10:00 AM ET State Street Investor Confidence Index 11:30 AM ET 4-Week Bill Auction 7:15 PM ET Sandra Pianalto 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.
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Post by rex on Feb 28, 2012 8:05:01 GMT -5
Carl Quintanilla þ @carlquintanilla Of the 25 times S&P rose in Jan/Feb -- as it has this yr -- it closed the year higher all but once. $$ Higher than the end of Feb., or higher for the year in general I wonder.
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Post by ask2lern on Feb 28, 2012 8:08:49 GMT -5
I believe the year from Jan 1st but will ck it out when I get into the office later today....................GL
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Post by ask2lern on Feb 28, 2012 8:19:48 GMT -5
redliontrader þ @redliontrader Possible melt-up warning for the next 5 days $ES_F 1400 $study bit.ly/xnFL60
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Post by rex on Feb 28, 2012 8:32:32 GMT -5
Durable goods -4%...very bad.
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Post by crumbdon on Feb 28, 2012 8:36:42 GMT -5
Durable goods -4%...very bad. Yeah, that is pretty ugly. I'll bet that news causes us to sell off all the way until.....2:00pm EST.
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Post by Clinton SPX on Feb 28, 2012 8:40:24 GMT -5
Durable goods -4%...very bad. gold and silver dont care ;D
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Post by rex on Feb 28, 2012 8:42:19 GMT -5
Durable goods -4%...very bad. Yeah, that is pretty ugly. I'll bet that news causes us to sell off all the way until.....2:00pm EST. [/quote
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Post by rex on Feb 28, 2012 8:44:08 GMT -5
However, that made oil drop which is good. Further, on the theory things can't get any worse, we could rally now.
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Post by Clinton SPX on Feb 28, 2012 8:47:01 GMT -5
ya oil below 108 sounds good to me
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Post by Clinton SPX on Feb 28, 2012 8:47:40 GMT -5
good stocks are gonna rise, screw the rest
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Post by ask2lern on Feb 28, 2012 8:53:09 GMT -5
Durable goods -4%...very bad. gold and silver dont care ;D Metals are pricing LTRO in my opinion..........it takes more worthless fiat to buy the same rock..................funny story,,,,,,, a less then fortunate friend of mine borrowed $40 from me 3 weeks ago and was going to pay it back in 2 days...............needless to say he did not but the point is that had he paid me back when he should have I could have bought 11 gallons of gas..........now I can only buy 9...............
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Post by ask2lern on Feb 28, 2012 8:59:15 GMT -5
If LTRO comes in lower then what the mkt is expecting metals could take a hit IMO....................GLTA
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Post by jack on Feb 28, 2012 9:01:47 GMT -5
From www.optionmonster.com ..........................GLTA Durable goods, home prices on docketToday's economic calendar features key reports on durable goods orders and home prices. The Commerce Department will release monthly durable goods orders for January at 8:30 a.m. ET. It contains a so-called headline number for all items and a core number that excludes volatile transportation equipment. The headline reading is expected to show a 1.4 percent decline, following a 3 percent gain in December. The core is expected to rise by 0.2 percent versus a 2.2 percent gain the previous month. Figures significantly above consensus would be bullish, and weaker numbers would be considered bearish. The data released today are preliminary, to be followed by a more complete set on March 5. The S&P Case-Shiller Home Price Index is scheduled for 9 a.m. ET. This report covers the month of December and could potentially affect trading in related stocks, such as homebuilders and companies that supply materials. The index is expected to show a decline of 3.6 percent, slightly better than November's 3.7 percent contraction. The Richmond Federal Reserve will also release its monthly manufacturing index at 10 a.m. ET. It's unlikely to affect trading because the report covers only a small district but is still worth watching for clues about the strength of the economy. Forecasters predict a reading of 10, down from 12 in January. Exalt to Ask & Krypt (when reloaded) Case schiller gonna kill us now
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Post by ask2lern on Feb 28, 2012 9:06:56 GMT -5
HFTAlert þ @hftalert Consumer Confidence # out today..has had major algo running on this # in Nov and Jan. Will be watching today for it again..$spy $sds $iwm
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Post by jack on Feb 28, 2012 9:08:38 GMT -5
good stocks are gonna rise, screw the rest This is known as the Darwinian-Cream (& Stocks) Rise-to-the-Top phenomenon.
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Post by jack on Feb 28, 2012 9:14:04 GMT -5
From www.optionmonster.com ..........................GLTA Durable goods, home prices on docketToday's economic calendar features key reports on durable goods orders and home prices. The Commerce Department will release monthly durable goods orders for January at 8:30 a.m. ET. It contains a so-called headline number for all items and a core number that excludes volatile transportation equipment. The headline reading is expected to show a 1.4 percent decline, following a 3 percent gain in December. The core is expected to rise by 0.2 percent versus a 2.2 percent gain the previous month. Figures significantly above consensus would be bullish, and weaker numbers would be considered bearish. The data released today are preliminary, to be followed by a more complete set on March 5. The S&P Case-Shiller Home Price Index is scheduled for 9 a.m. ET. This report covers the month of December and could potentially affect trading in related stocks, such as homebuilders and companies that supply materials. The index is expected to show a decline of 3.6 percent, slightly better than November's 3.7 percent contraction. The Richmond Federal Reserve will also release its monthly manufacturing index at 10 a.m. ET. It's unlikely to affect trading because the report covers only a small district but is still worth watching for clues about the strength of the economy. Forecasters predict a reading of 10, down from 12 in January. Exalt to Ask & Krypt (when reloaded) Case schiller gonna kill us now Futures back up now in the green albeit marginally go figure - they must have the printing presses running on automatic before the Dept of Treasury printers make it into the shop.
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Post by dzech00 on Feb 28, 2012 9:19:25 GMT -5
I'm thinking the dollar will have to get killed today to keep the markets in the green...either that or some good news to offset the manufacturing number.
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Post by ask2lern on Feb 28, 2012 9:19:36 GMT -5
Jack they don't need printers as it is all just binary code and electronic data so they create it right from their IPhone.................... ;D
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Post by jack on Feb 28, 2012 9:21:49 GMT -5
I'm thinking the dollar will have to get killed today to keep the markets in the green...either that or some good news to offset the manufacturing number. The Krauts voted for the Greek bail-out hence the euro should strengthen and the dollar weaken you are correct Dave.
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Post by jack on Feb 28, 2012 9:26:28 GMT -5
Jack they don't need printers as it is all just binary code and electronic data so they create it right from their IPhone.................... ;D My mother used to say "Money is the root of all evil; I wish I had the root." I guess if she were alive today she'd have her own iPhone!!! Bwahahahahahaaaa!
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Post by jack on Feb 28, 2012 9:51:41 GMT -5
"What should we do do.....?" Tom Keene on Bloomies a minute ago talkin' to Case and Schiller.
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