PPDT - 03/06/2012 Tuesday - PP-XLF = 14.79

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=14.79
MP=14.82 R1=14.85 MP=14.87 R2=14.89 MP=14.94 R3=14.99 MP=15.04 R4=15.09
MP=14.77 S1=14.75 MP=14.72 S2=14.69 MP=14.64 S3=14.59 MP=14.54 S4=14.49
O=14.83 H=14.83 L=14.73 C=14.81

FAS PP=92.01
MP=92.52 R1=93.02 MP=93.35 R2=93.67 MP=94.50 R3=95.33 MP=96.16 R4=96.99
MP=91.69 S1=91.36 MP=90.86 S2=90.35 MP=89.52 S3=88.69 MP=87.86 S4=87.03
O=92.38 H=92.66 L=91 C=92.37

FAZ PP=25.26
MP=25.36 R1=25.45 MP=25.59 R2=25.72 MP=25.95 R3=26.18 MP=26.41 R4=26.64
MP=25.13 S1=24.99 MP=24.90 S2=24.80 MP=24.57 S3=24.34 MP=24.11 S4=23.88
O=25.16 H=25.54 L=25.08 C=25.17

SPY PP=136.74
MP=136.98 R1=137.21 MP=137.44 R2=137.66 MP=138.12 R3=138.58 MP=139.04 R4=139.50
MP=136.52 S1=136.29 MP=136.06 S2=135.82 MP=135.36 S3=134.90 MP=134.44 S4=133.98
O=137.1 H=137.2 L=136.28 C=136.75

SPG PP=137.79
MP=138.44 R1=139.08 MP=139.41 R2=139.74 MP=140.72 R3=141.69 MP=142.67 R4=143.64
MP=137.46 S1=137.13 MP=136.49 S2=135.84 MP=134.87 S3=133.89 MP=132.92 S4=131.94
O=137.27 H=138.46 L=136.51 C=138.41

GS PP=118.70
MP=119.29 R1=119.88 MP=120.51 R2=121.14 MP=122.36 R3=123.58 MP=124.80 R4=126.02
MP=118.07 S1=117.44 MP=116.85 S2=116.26 MP=115.04 S3=113.82 MP=112.60 S4=111.38
O=119.6 H=119.95 L=117.51 C=118.63

JPM PP=40.37
MP=40.56 R1=40.74 MP=40.91 R2=41.08 MP=41.44 R3=41.79 MP=42.15 R4=42.50
MP=40.20 S1=40.03 MP=39.85 S2=39.66 MP=39.31 S3=38.95 MP=38.60 S4=38.24
O=40.7 H=40.71 L=40 C=40.4

MS PP=18.41
MP=18.54 R1=18.66 MP=18.84 R2=19.02 MP=19.33 R3=19.63 MP=19.94 R4=20.24
MP=18.23 S1=18.05 MP=17.93 S2=17.80 MP=17.50 S3=17.19 MP=16.89 S4=16.58
O=18.78 H=18.78 L=18.17 C=18.29

C PP=33.70
MP=33.84 R1=33.98 MP=34.14 R2=34.29 MP=34.58 R3=34.88 MP=35.17 R4=35.47
MP=33.55 S1=33.39 MP=33.25 S2=33.11 MP=32.81 S3=32.52 MP=32.22 S4=31.93
O=33.94 H=34 L=33.41 C=33.68

VIX PP=18.32
MP=18.48 R1=18.63 MP=18.92 R2=19.20 MP=19.64 R3=20.08 MP=20.52 R4=20.96
MP=18.04 S1=17.75 MP=17.60 S2=17.44 MP=17.00 S3=16.56 MP=16.12 S4=15.68
O=18.27 H=18.9 L=18.02 C=18.05

UUP PP=22.09
MP=22.11 R1=22.12 MP=22.13 R2=22.14 MP=22.17 R3=22.19 MP=22.22 R4=22.24
MP=22.08 S1=22.07 MP=22.06 S2=22.04 MP=22.02 S3=21.99 MP=21.97 S4=21.94
O=22.09 H=22.12 L=22.07 C=22.09

FROM: www.econoday.com

Economic Events & Analysis - 03/06/2012 Tuesday


7:45 AM ET ICSC-Goldman Store Sales
8:55 AM ET Redbook
11:30 AM ET 4-Week Bill Auction
11:30 AM ET 52-Week Bill Auction
3:00 PM ET Treasury STRIPS


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 1741.30
R2 1722.60
R1 1715.00

PP 1703.90

S1 1696.30
S2 1685.20
S3 1666.50


SILVER

R3 37.00
R2 35.57
R1 34.83

PP 34.14

S1 33.40
S2 32.70
S3 31.28


IWM

R3 82.01
R2 81.03
R1 80.69

PP 80.05

S1 79.71
S2 79.07
S3 78.09




TNA

R3 60.50
R2 58.42
R1 57.69

PP 56.34

S1 55.61
S2 54.26
S3 52.18



TZA

R3 21.63
R2 20.89
R1 20.41

PP 20.15

S1 19.67
S2 19.41
S3 18.67


SDS

R3 16.60
R2 16.39
R1 16.29

PP 16.18

S1 16.08
S2 15.97
S3 15.76

SSO

R3 56.31
R2 55.58
R1 55.23

PP 54.85

S1 54.50
S2 54.12
S3 53.39

…………………………..GLTA

[ask2lern]

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

Indexes bounce off worst levels of day

An upbeat January non-manufacturing number was shrugged off early in yesterday's session, which saw the Nasdaq 100 fall with weakness in Apple ahead of its iPad 3 launch tomorrow.

The 1.3 points above consensus non-manufacturing ISM of 57.3 was initially well received in the futures market, but the S&P 500 began selling off right from the outset.

The Russell 2000 broke below 800 to trade as low as 795.99, a level not seen since Jan. 31, before closing 0.15 percent higher on the day at 803.65. As the RUT declined, the Nasdaq 100 and S&P 500 quickly fell to support levels from early last week.

The NDX initially rallied with the ISM release but quickly fell 35 points to 2605.59 when Apple dropped nearly 30 minutes in 5 minutes. Other than that, trading played out in a fairly orderly fashion as the SPX testing 1359.13, its lowest level since last Monday.

Buyers came back into the market after AAPL stabilized, and the SPX closed down 0.39 percent to settle at 1364.33. The NDX ended down 1.02 percent to 2614.92, nearly 10 points off its intraday lows.

S&P 500 (SPX)
Support is now 1360, then 1358.50.

Resistance is now 1365.96, then 1370.

Nasdaq 100 (NDX)
Support is 2606.29, followed by yesterday's low of 2605.59.

Resistance is now 2620, then 2626.06.

Russell 2000 (RUT)
Support remains at the 803 level, followed by yesterday's low of 795.99.

Resistance is now 804.50 and then 806, Friday's resistance at the close.

[ask2lern]

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

Retail sales, European GDP on calendar

Today's economic calendar is focused on the retail sector, with the ICSC/Goldman store sales report at 7:45 a.m. ET and Redbook sales data at 8:55 a.m. ET.

The Redbook data tracks sales at chains and department stores. It is considered by many to be less consistent than the Goldman index.

The retail sector has seen considerable gains in 2012, so traders will focus on prospects for sustainability of the current growth trends.

In addition, the European Union will report its fourth-quarter GDP at 5 a.m. ET. This number has a high potential to move U.S. stock futures.

[ask2lern]

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

Unusual moves in the VIX and its futures

The CBOE Volatility Index closed higher yesterday, but the VIX futures fell with the S&P 500.

The VIX, which usually moves inversely to the SPX, ended the day just off its session low but was still up 4.4 percent to 18.04. This came with the S&P 500 down 5.3 points to 1364.33.

The March VIX futures were down 1.23 percent to 20.15. April futures were down fractionally to 23.65. The May futures were unchanged, and rest were higher.

So even though the futures closed their gap with the spot VIX reading, the spread between the futures themselves actually widened again.

The VIX-based exchange-traded funds and notes also continue to show oddities. The iPath S&P 500 VIX Short-Term Futures Note (VXX) was lower at the end of the day, giving up 1 percent to 24.04. But the the VelocityShares Daily 2X VIX Short-Term Note (TVIX), which theoretically should give 2 times that return, was up 0.86 percent to 16.36

[ask2lern]

Euro-Zone 4Q GDP Fall Driven By Drop In Exports

Read more: www.foxbusiness.com/news/2012/03/06/euro-zone-4q-gdp-fall-driven-by-drop-in-exports/#ixzz1oL8HeV1X

[crumbdon]

This little premarket drop is really just fueled by more "European Uncertainty". The kind that gets bought every time. Buyers gonna be stepping on each other this morning. I'll be surprised if we're not green by 11 am.
And this coming from a guy who really wants to see the bulls get stomped for a few days (so I can rejoin them of course).

(Sure hope I'm wrong)

[timber]

SPAIn down 2 percent now....i really want to buy this week....

[herceg1967]

Just hold what you already have...........

[Clinton SPX]

Im putting out some pre market stink bids just in case someone freaks out

[cosmic]

SOXS has had a huge bump in only 2 days of trading. Just last week the divergence was almost $7 (SOXS to SOXL) with SOXL at 39, SOXS at 32.

This morning? SOXS at 38, SOXL at 36.

Be careful!

[elle]

I'm UP, yes a rare event these boring market days and..........

I'm black.

Thanks all info.

Q's 63.50 63.22 61.76

[elle]

/es text book bear flag, of course lately that has meant buy all you can

[elle]

/es breaking premarket h&s?

[elle]

/es closed on n/l, I could never trade /es. those guys are the great whites of sharks.

[cosmic]

Mar 6, 2012 9:01:27 GMT -5 elle said:

/es closed on n/l, I could never trade /es. those guys are the great whites of sharks.

I've tried it real and simulated, Elle. It's horrible what happens. Stops get run constantly especially in overnight sessions. It's as if they can see you and just steal at will.

[elle]

I like to sleep too much

[herceg1967]

Please excuse my ignorance, but what is es?.........seen it used many times on the board, but never asked nor figured it out.....

Thanks in advance.........

[cosmic]

Mar 6, 2012 9:04:10 GMT -5 elle said:

I like to sleep too much

Sleep? Oh you mean those few hours a day I close my eyes and stop thinking about trading? lol I remember sleep.

[cosmic]

Today I grabbed more zgnx and put a stink bid on DNDN about 16% lower waiting for a tank. We'll see.- 20% today was nice.

Read more: fastopia.proboards.com/index.cgi#ixzz1oLTmCg79



Come to papa.

[elle]

/es is futures trade almost 24/7 with small break in afternoon. I'll look link, anybody have it?

[elle]

here's they are on cnbc. I follow live on TOS, but it bounces around so much makes your eyes go all the way around in your head.

[elle]

ori.cnbc.com/id/17689937

[Clinton SPX]

105 oil
I like that

[elle]

Not sure I should have told you, Herc, now you're going to have a new bad habit - checking it any time you wake up during the night.

[dzech00]

Mar 6, 2012 9:06:34 GMT -5 cosmic said:

Today I grabbed more zgnx and put a stink bid on DNDN about 16% lower waiting for a tank. We'll see.- 20% today was nice.

Read more: fastopia.proboards.com/index.cgi#ixzz1oLTmCg79



Come to papa.

Getting closer. I've been watching this one as well, but I have to wonder if this just keeps dropping much more. Are you seeing something in the charts, or do you like anything fundamentally about the company?

[huh?]

Mar 6, 2012 9:07:36 GMT -5 elle said:

/es is futures trade almost 24/7 with small break in afternoon. I'll look link, anybody have it?

I use www.forexpros.com/charts/real-time-futures-charts

This lets you draw lines, and you can chart futures of all kinds of things. Click the Instruments option to see some of the available charts.

[exabi]

Mar 6, 2012 9:04:09 GMT -5 herceg1967 said:

Please excuse my ignorance, but what is es?.........seen it used many times on the board, but never asked nor figured it out.....

Thanks in advance.........

SPX E-mini futures

[huh?]

Mar 6, 2012 9:11:54 GMT -5 elle said:

Not sure I should have told you, Herc, now you're going to have a new bad habit - checking it any time you wake up during the night.

Bwahahaha!

She's not exaggerating in the least!

If using a mobile device you can use touch.forexpros.com/

I use it on the computer sometimes as well since it gives you currencies, commodities, indexes and also includes the days world economic releases and times, along with color coding to quickly see beats or misses on those numbers.

Nice one stop shop for all.

[elle]

okay, just head the "5% correction" phrase on bloomberg

interesting, today 3rd year anniversary 2009 bottom