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Post by ask2lern on Mar 16, 2012 6:39:48 GMT -5
Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1714.90
R2 1684.90
R1 1671.60
PP 1654.90
S1 1641.60
S2 1624.90
S3 1594.90
SILVER
R3 34.79
R2 33.64
R1 33.14
PP 32.49
S1 31.99
S2 31.34
S3 30.19
IWM
R3 84.92
R2 83.83
R1 83.45
PP 82.74
S1 82.36
S2 81.65
S3 80.56
TNA
R3 66.74
R2 64.33
R1 63.53
PP 61.92
S1 61.12
S2 59.51
S3 57.10
TZA
R3 19.50
R2 18.78
R1 18.30
PP 18.06
S1 17.58
S2 17.34
S3 16.82
SDS
R3 15.75
R2 15.53
R1 15.40
PP 15.31
S1 15.18
S2 15.09
S3 14.87
SSO
R3 59.42
R2 58.58
R1 58.26
PP 57.74
S1 57.42
S2 56.90
S3 56.06
…………………………..GLTA
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Post by ask2lern on Mar 16, 2012 6:41:53 GMT -5
From www.optionmonster.com ..................GLTA S&P 500 sees highest close in four yearsThe major equity indexes advanced yesterday after jobless claims continued their downward trend. The greenback fell against the euro, sending commodities higher. In particular, gold and silver benefited from the gains. The S&P 500 reclaimed the elusive 1400 level with conviction, closing the day up 0.6 percent to 1402.60. It was the first time that the SPX had closed above 1400 since June 2008. The Russell 2000 recouped Wednesday's losses to end the day up 0.98 percent at 831.46, within 0.15 points of Wednesday's high of 831.61. The Nasdaq 100 saw the largest intraday range of the indexes because of swings in Apple, which fell below the $590 level. But the NDX still managed to close the day in positive territory, up 0.24 percent to 2714.79. S&P 500 Resistance is now 1402.63 (yesterday's high), followed by 1405 and 1410. Support is now 1400, followed by 1397.50 and 1389.97 (Wednesday's low). Nasdaq 100 Resistance is now 2720.49 (yesterday's high), followed by 2725 and 2730. Support is now 2710, followed by 2707.09 and then 2702. Russell 2000 Resistance remains 833.61, followed by 832.23 (2012 high) and then 835. Support is now 830, followed by 827.46 and then 821.23. |
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Post by ask2lern on Mar 16, 2012 6:43:49 GMT -5
From www.optionmonster.com ......................GLTA Inflation, consumer sentiment on docketToday's economic calendar will focus on the inflation data, consumer sentiment, and industrial production. Consumer Price Index data is first on the docket at 8:30 a.m. ET. February's CPI is expected to be within 0.3 percent to 0.4 percent, up from the previous 0.2 percent. The "core" CPI number, which excludes food and energy, is forecast to come in 0.2 percent, unchanged from the last reading. CPI reports have a tendency to move the markets if they are substantially different from analyst expectations. Industrial Production for February comes out at 9:15 a.m. ET. Forecasts call for a reading between 0.2 percent and 0.5 percent. The last report was unchanged from the previous month. Capacity Utilization for February is also scheduled for 9:15 a.m. ET. It is expected to come in at 78.6 percent to 78.8 percent, slightly higher than the previous 78 percent. The last report of the morning is Michigan Sentiment, a gauge of consumer confidence, at 9:55 a.m. ET. Estimates for this release range from 76.8 to 76.5, a rise from the last reading of 75.3. |
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Post by ask2lern on Mar 16, 2012 6:46:11 GMT -5
From www.optionmonster.com ..........................GLTA VIX futures fall as index sees late surgeThe CBOE Volatility Index surged at yesterday's close to finish the day at 15.42, up 0.72 percent. The VIX came into the final minutes at 14.95 but then spiked higher on what appears to be yet another statistical quirk. The S&P 500 also pushed higher into the end of the session to finish at 1402.60, its highest close in nearly four years. The two indexes usually move inversely. The VIX futures, however, were all lower. The March futures fell 4.2 percent to 17.05, so the volatility index's last-minute surge took a chunk out of the big premium in those contracts, which have only three trading days left. The April VIX futures were down 1.6 percent to 21.75. For those interested in the new CBOE VVIX Index (known popularly as "the VIX of the VIX"), it is a very useful tool for those trading VIX options. The VIX has an average volume is more than 350,000 contracts a day, making it the second most-traded index for options and the fifth most popular underlying overall. So the VVIX makes a lot of sense for those who trade the VIX, however limited this group may be. |
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Post by ask2lern on Mar 16, 2012 7:22:08 GMT -5
redliontrader þ @redliontrader Bulls are keeping the breadth together $study bit.ly/Anur2j |
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Post by ask2lern on Mar 16, 2012 7:31:51 GMT -5
Nicola Duke þ @nictrades
US CPI (Feb) M/M 0.4% vs. Exp. 0.4% (Prev. 0.2%) US CPI (Feb) Y/Y 2.9% vs. Exp. 2.9% (Prev. 2.9%)
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Post by Clinton SPX on Mar 16, 2012 7:33:23 GMT -5
euro and yen spiking hard
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Post by ask2lern on Mar 16, 2012 7:39:37 GMT -5
Erik Swarts þ @mktanthropology a Confession - bit.ly/wcjGu3 $$ Good read IMO.....................GLTA I am out for the day GLTA..............  |
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Post by kryptos2009 on Mar 16, 2012 7:45:42 GMT -5
Thanks Ask!!! Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=15.61 MP=15.73 R1=15.84 MP=15.91 R2=15.98 MP=16.16 R3=16.35 MP=16.53 R4=16.72 MP=15.54 S1=15.47 MP=15.36 S2=15.24 MP=15.05 S3=14.87 MP=14.68 S4=14.50 O=15.5 H=15.74 L=15.37 C=15.71 FAS PP=105.62 MP=107.62 R1=109.62 MP=110.74 R2=111.85 MP=114.96 R3=118.08 MP=121.19 R4=124.31 MP=104.51 S1=103.39 MP=101.39 S2=99.39 MP=96.27 S3=93.16 MP=90.04 S4=86.93 O=103.95 H=107.84 L=101.61 C=107.4 FAZ PP=21.56 MP=21.80 R1=22.03 MP=22.47 R2=22.91 MP=23.58 R3=24.26 MP=24.93 R4=25.61 MP=21.12 S1=20.68 MP=20.45 S2=20.21 MP=19.53 S3=18.86 MP=18.18 S4=17.51 O=21.93 H=22.43 L=21.08 C=21.16 SPY PP=140.42 MP=140.75 R1=141.08 MP=141.26 R2=141.44 MP=141.95 R3=142.46 MP=142.97 R4=143.48 MP=140.24 S1=140.06 MP=139.73 S2=139.40 MP=138.89 S3=138.38 MP=137.87 S4=137.36 O=140.12 H=140.78 L=139.76 C=140.72 SPG PP=141.23 MP=141.55 R1=141.86 MP=142.19 R2=142.51 MP=143.15 R3=143.79 MP=144.43 R4=145.07 MP=140.91 S1=140.58 MP=140.27 S2=139.95 MP=139.31 S3=138.67 MP=138.03 S4=137.39 O=141.53 H=141.89 L=140.61 C=141.2 GS PP=122.24 MP=123.31 R1=124.37 MP=125.02 R2=125.67 MP=127.39 R3=129.10 MP=130.82 R4=132.53 MP=121.59 S1=120.94 MP=119.88 S2=118.81 MP=117.10 S3=115.38 MP=113.67 S4=111.95 O=121.73 H=123.55 L=120.12 C=123.06 JPM PP=44.18 MP=44.81 R1=45.44 MP=45.81 R2=46.17 MP=47.17 R3=48.16 MP=49.16 R4=50.15 MP=43.82 S1=43.45 MP=42.82 S2=42.19 MP=41.20 S3=40.20 MP=39.21 S4=38.21 O=43.64 H=44.92 L=42.93 C=44.7 MS PP=19.20 MP=19.53 R1=19.85 MP=20.02 R2=20.19 MP=20.69 R3=21.18 MP=21.68 R4=22.17 MP=19.03 S1=18.86 MP=18.54 S2=18.21 MP=17.72 S3=17.22 MP=16.73 S4=16.23 O=18.76 H=19.54 L=18.55 C=19.51 C PP=35.98 MP=36.43 R1=36.88 MP=37.19 R2=37.49 MP=38.25 R3=39.00 MP=39.76 R4=40.51 MP=35.68 S1=35.37 MP=34.92 S2=34.47 MP=33.72 S3=32.96 MP=32.21 S4=31.45 O=35.47 H=36.59 L=35.08 C=36.27 VIX PP=15.36 MP=15.75 R1=16.13 MP=16.49 R2=16.84 MP=17.58 R3=18.32 MP=19.06 R4=19.80 MP=15.01 S1=14.65 MP=14.27 S2=13.88 MP=13.14 S3=12.40 MP=11.66 S4=10.92 O=15.32 H=16.06 L=14.58 C=15.43 UUP PP=22.35 MP=22.40 R1=22.45 MP=22.51 R2=22.57 MP=22.68 R3=22.79 MP=22.90 R4=23.01 MP=22.29 S1=22.23 MP=22.18 S2=22.13 MP=22.02 S3=21.91 MP=21.80 S4=21.69 O=22.37 H=22.47 L=22.25 C=22.33 FROM: www.econoday.comEconomic Events & Analysis - 03/16/2012 Friday8:30 AM ET Consumer Price Index 9:15 AM ET Industrial Production 9:55 AM ET Consumer Sentiment 3:00 PM ET Charles Evans 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 Clinton SPX on Mar 16, 2012 8:37:58 GMT -5
my small cap scalp hit its sell target +1.5%
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Post by Clinton SPX on Mar 16, 2012 8:47:41 GMT -5
looking at some crazy rotations right now
GPL and BAC are the top of my board LOL
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Post by Clinton SPX on Mar 16, 2012 8:58:21 GMT -5
VIX, UUP, TLT red
wheres that bounce?
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Post by Clinton SPX on Mar 16, 2012 9:05:09 GMT -5
JPM green
lead the way
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Post by huh? on Mar 16, 2012 9:05:57 GMT -5
VIX, UUP, TLT red wheres that bounce? Strange day so far...with the bid that the EUR/USD caught, I would think gld and slv would be way up. They don't seem to be rising with the EUR. It's either Bizarro day, or an OPEX day. |
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Post by Clinton SPX on Mar 16, 2012 9:05:58 GMT -5
FLOW alert
Im going to buy flow next time it crashes
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Post by herceg1967 on Mar 16, 2012 9:10:23 GMT -5
Dull day...........
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Post by Clinton SPX on Mar 16, 2012 9:21:21 GMT -5
dull day and euro up
bears are gonna get screwed before th day is over me thinks
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Post by Clinton SPX on Mar 16, 2012 9:24:22 GMT -5
GLD just went green
just like ol times
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Post by Clinton SPX on Mar 16, 2012 9:30:24 GMT -5
look at the freakin euro!!
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Post by Clinton SPX on Mar 16, 2012 9:31:54 GMT -5
put your helmets on. Ill be shocked if we dont rotate in inflation plays that have had their asses kicked for a week now
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Post by jack on Mar 16, 2012 9:35:27 GMT -5
look at the freakin euro!! Bodes well - the darn thing (UUP) is below it last support AND both 20&50 MAs on the 10min chart now. Europe just find a king's ransom somewhere? |
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Post by huh? on Mar 16, 2012 9:40:21 GMT -5
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Post by herceg1967 on Mar 16, 2012 9:42:39 GMT -5
dull day and euro up bears are gonna get screwed before th day is over me thinks Love that you never sugar coat things............  Never got into anything this morning............the only thing on my radar for a long scalp is HAL now...........maybe FCX............but will just watch to see if a better short with shares available to play......... BOL to you !!!!! |
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Post by jack on Mar 16, 2012 9:45:04 GMT -5
fwiw I'm afraid its rise is just getting started...hope I'm wrong. euro up = Market down |
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Post by jack on Mar 16, 2012 9:48:12 GMT -5
dull day and euro up bears are gonna get screwed before th day is over me thinks Love that you never sugar coat things............ Never got into anything this morning............the only thing on my radar for a long scalp is HAL now...........maybe FCX............but will just watch to see if a better short with shares available to play......... BOL to you !!!!! Clint once said "Tough sh_t!" to me.....  If I didn't know him better I mighta taken it personally! Bwahahahahaaaa!!!!!! |
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Post by jack on Mar 16, 2012 9:49:33 GMT -5
that 50 MA on the SPY which is now resistance is being....well -resistant
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Post by huh? on Mar 16, 2012 9:50:54 GMT -5
fwiw I'm afraid its rise is just getting started...hope I'm wrong. euro up = Market down Actually, euro up would mean market up at least in a normal world (a long, long time ago). But the markets disconnected completely from the EUR/USD during this entire run. euro down=gold/silver down |
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Post by Clinton SPX on Mar 16, 2012 9:55:44 GMT -5
ZZZZZZZZZ
BBL
GL Traders
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Post by jack on Mar 16, 2012 10:25:55 GMT -5
SPY fails at the 20/50 bearish cross on the 10min. Not good if yer not a bear:
Bwahahahhaaaa!
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Post by Clinton SPX on Mar 16, 2012 10:29:45 GMT -5
SPY fails at the 20/50 bearish cross on the 10min. Not good if yer not a bear: Bwahahahhaaaa! Typical to not break on the first try if it fails the second try then worry |
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