PPDT - 03/19/2012 Monday - PP-XLF = 15.70

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=15.70
MP=15.74 R1=15.78 MP=15.81 R2=15.83 MP=15.90 R3=15.96 MP=16.03 R4=16.09
MP=15.68 S1=15.65 MP=15.61 S2=15.57 MP=15.51 S3=15.44 MP=15.38 S4=15.31
O=15.73 H=15.76 L=15.63 C=15.72

FAS PP=107.94
MP=108.55 R1=109.16 MP=109.64 R2=110.12 MP=111.21 R3=112.30 MP=113.39 R4=114.48
MP=107.46 S1=106.98 MP=106.37 S2=105.76 MP=104.67 S3=103.58 MP=102.49 S4=101.40
O=108.36 H=108.9 L=106.72 C=108.2

FAZ PP=21.06
MP=21.15 R1=21.24 MP=21.37 R2=21.49 MP=21.70 R3=21.92 MP=22.13 R4=22.35
MP=20.94 S1=20.81 MP=20.72 S2=20.63 MP=20.41 S3=20.20 MP=19.98 S4=19.77
O=20.98 H=21.3 L=20.87 C=21

SPY PP=140.26
MP=140.39 R1=140.52 MP=140.63 R2=140.74 MP=140.98 R3=141.22 MP=141.46 R4=141.70
MP=140.15 S1=140.04 MP=139.91 S2=139.78 MP=139.54 S3=139.30 MP=139.06 S4=138.82
O=140.36 H=140.48 L=140 C=140.3

SPG PP=141.66
MP=142.02 R1=142.37 MP=142.61 R2=142.84 MP=143.43 R3=144.02 MP=144.61 R4=145.20
MP=141.43 S1=141.19 MP=140.84 S2=140.48 MP=139.89 S3=139.30 MP=138.71 S4=138.12
O=141.49 H=142.13 L=140.95 C=141.9

GS PP=122.50
MP=123.22 R1=123.93 MP=124.44 R2=124.94 MP=126.16 R3=127.38 MP=128.60 R4=129.82
MP=122.00 S1=121.49 MP=120.78 S2=120.06 MP=118.84 S3=117.62 MP=116.40 S4=115.18
O=123.1 H=123.5 L=121.06 C=122.93

JPM PP=44.57
MP=44.75 R1=44.92 MP=45.10 R2=45.27 MP=45.62 R3=45.97 MP=46.32 R4=46.67
MP=44.40 S1=44.22 MP=44.05 S2=43.87 MP=43.52 S3=43.17 MP=42.82 S4=42.47
O=44.87 H=44.92 L=44.22 C=44.57

MS PP=19.53
MP=19.64 R1=19.75 MP=19.87 R2=19.98 MP=20.20 R3=20.43 MP=20.65 R4=20.88
MP=19.42 S1=19.30 MP=19.19 S2=19.08 MP=18.85 S3=18.63 MP=18.40 S4=18.18
O=19.67 H=19.75 L=19.3 C=19.53

C PP=36.59
MP=36.75 R1=36.90 MP=37.01 R2=37.12 MP=37.38 R3=37.65 MP=37.91 R4=38.18
MP=36.48 S1=36.37 MP=36.22 S2=36.06 MP=35.79 S3=35.53 MP=35.26 S4=35.00
O=36.49 H=36.8 L=36.27 C=36.69

VIX PP=14.44
MP=14.84 R1=15.23 MP=15.63 R2=16.02 MP=16.81 R3=17.60 MP=18.39 R4=19.18
MP=14.05 S1=13.65 MP=13.26 S2=12.86 MP=12.07 S3=11.28 MP=10.49 S4=9.70
O=14.43 H=15.24 L=13.66 C=14.43

UUP PP=22.26
MP=22.31 R1=22.35 MP=22.44 R2=22.53 MP=22.66 R3=22.80 MP=22.93 R4=23.07
MP=22.17 S1=22.08 MP=22.04 S2=21.99 MP=21.85 S3=21.72 MP=21.58 S4=21.45
O=22.43 H=22.43 L=22.16 C=22.18

FROM: www.econoday.com

Economic Events & Analysis - 03/19/2012 Monday


7:30 AM ET Richard Fisher Speaks
10:00 AM ET Housing Market Index
11:00 AM ET 4-Week Bill Announcement
11:30 AM ET 3-Month Bill Auction
11:30 AM ET 6-Month Bill Auction


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 1702.80
R2 1678.50
R1 1669.30

PP 1654.20

S1 1645.00
S2 1629.90
S3 1605.60


SILVER

R3 34.02
R2 33.27
R1 32.96

PP 32.52

S1 32.21
S2 31.77
S3 31.02


IWM

R3 84.21
R2 83.59
R1 83.30

PP 82.97

S1 82.68
S2 82.35
S3 81.73




TNA

R3 65.24
R2 63.81
R1 63.10

PP 62.38

S1 61.67
S2 60.95
S3 59.52



TZA

R3 19.50
R2 18.78
R1 18.30

PP 18.06

S1 17.58
S2 17.34
S3 16.82


SDS

R3 15.43
R2 15.32
R1 15.26

PP 15.21

S1 15.15
S2 15.10
S3 14.99

SSO

R3 58.88
R2 58.51
R1 58.34

PP 58.14

S1 57.97
S2 57.77
S3 57.40

…………………………..GLTA

[ask2lern]

rom www.optionmonster.com .....................GLTA

Mixed indexes show chart consolidation

U.S. indexes closed mixed Friday as the S&P 500's consolidation over the 1400 level proved to be the theme of the day.

The SPX gained 0.11 percent to close at 1404.17 after hitting a new 2012 of high of 1405.88 intraday.

The Nasdaq 100 and the Russell 2000 closed slightly lower. The relative weakness in the NDX and RUT shows consolidation around key support levels as March options expired Friday.

The NDX slipped 0.07 percent to settle at 2712.78, but resistance remains unchanged at Thursday's high of 2720.49.

The RUT fell 0.15 percent to finish Friday at 830.18. It did hit an intraday high of the week at 832.78 right after the open, not far from the 2012 high of 833.02.

S&P 500
Resistance is now 1405.88 (Thursday's high), followed by 1408 and 1410.

Support is now 1400, followed by 1398.25 and then 1390.

Nasdaq 100
Resistance remains at 2720.49 (Thursday's high), followed by 2725 and 2730.

Support is now 2706.82, followed by 2702 and then 2701.65 (Thursday's low).

Russell 2000
Resistance is now 832.78 (Friday's high), followed by 833.02 and then 835.

Support is now 827.67, followed by 825 and then 821.54.

[ask2lern]

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

Home data tops light economic calendar

The economic calendar is light today, focusing on housing data and Treasury auctions.

The NAHB Housing Market Index will come out at 10 a.m. ET. The consensus forecast calls for a reading to remain unchanged at 29.

Starting at 11 a.m. ET, a series of four-week, three-month, six-month, and three-year Treasury bill auctions will be held.


The Treasury will release its monthly budget report at 2 p.m. ET. The consensus estimate is a deficit of $229 billion, compared with last month's deficit of $27.4 billion.

[ask2lern]

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

VIX posts its lowest close in five years

The CBOE Volatility Index saw another couple of wild swings on Friday as it finished the week at 14.47, losing 6.16 percent on the day to a new five-year closing low.

The drop in the VIX came with the S&P 500 up slightly more than 1 point to 1403.88. The two indexes usually move inversely.

The VIX vacillated wildly into the close, similar to action we saw earlier in the week that was again likely caused by missing bid prices on out-of-the-money puts in the SPX options. The index saw four 1-point swings in the final minutes of trade.

The VIX futures were mostly lower as well. The March futures saw the biggest move, down 5.3 percent to 16.15 with only two trading days before settlement. The April contracts were down 0.7 percent to 21.60 while the May, June, and July futures were unchanged but in steep contango.

[ask2lern]

redliontrader þ @redliontrader
Bears need to take it today $study bit.ly/yE9kze

[herceg1967]

The Bureau of Labor Statistics reported rising gasoline prices accounted for more than 80% of the 0.4% gain in the February Consumer Price Index.

In addition, oil prices slumped briefly Thursday on reports that the U.S. and the U.K. had discussed a release of strategic oil reserves.

[cosmic]

I thought they took out stuff like gas and food because it was too scary.

[herceg1967]

Not according to this segment.......

Coal, Oil, Solar Stocks Rally On Multitude Of Causes
By ALAN R. ELLIOTT, INVESTOR'S BUSINESS DAILY
Posted 03/16/2012 06:18 PM ET
Email Print License Comment

inShare

The stage did not appear set for an energy rally Friday.

The Bureau of Labor Statistics reported rising gasoline prices accounted for more than 80% of the 0.4% gain in the February Consumer Price Index.

In addition, oil prices slumped briefly Thursday on reports that the U.S. and the U.K. had discussed a release of strategic oil reserves.

But oil bounced back above $107 Friday, and energy groups rallied to five of Friday's top gains among industries. Drilling stocks, Canadian oil and gas producers and international exploration companies rallied with vigor.

All were driven by separate earnings, analyst or news reports.

Solar stocks led the surge, topped by Renesola's (SOL) 12% jump after its Q4 earnings report.

Among oil and gas drillers, low-priced Vantage Drilling (VTG) spiked 11% on an upgrade to a buy recommendation from Dahlman Rose. Among the group's members, Atwood Oceanics (ATW) surged 4% and market laggard Patterson-Uti Energy (PTEN) 3%.

Canadian oil and gas producers posted one of the day's best advances, led by Advantage Oil & Gas (AAV). The low-priced stock popped 5% on a strong year-end production report.

In the international explorers group, low-ranked Houston American Energy (HUSA) hurdled 28% as the company countered rumors of a cash shortage and possible bankruptcy.

The depressed coal miners industry rallied on substantial news.

Patriot Coal (PCX) vaulted 10%. Consol Energy (CNX), Peabody Energy (BTU) and Alpha Natural Resources (ANR) all jumped after reports that India's government ended taxes on coal and liquefied natural gas imported by the country's power utilities.

Analysts were mixed on whether the move would spur more imports.

But India's utilities have been fighting a severe coal shortage, with domestic supplies feeding less than 75% of the country's projected demand.

The coal group ranked dead last in IBD's rankings in Friday's edition.

[exabi]

Mar 19, 2012 8:48:22 GMT -5 cosmic said:

I thought they took out stuff like gas and food because it was too scary.

CPI includes food and energy, similar to the Fed's Headline Inflation. The Fed's Core inflation excludes food and energy.

[Clinton SPX]

bbl
boring market

[novice08]

Wow, the deficit's up $200 Bil. in ONE month? Can you say inflation...certainly would lead one to believe gold/silver/platinum/palladium go up substantially. I guess we find out at 2 PM. And looks like we had some accumulation frontrunning last week.

[herceg1967]

Mar 19, 2012 10:02:48 GMT -5 novice08 said:

Wow, the deficit's up $200 Bil. in ONE month? Can you say inflation...certainly would lead one to believe gold/silver/platinum/palladium go up substantially. I guess we find out at 2 PM.

They will continue to lie and say inflation is in check...........of course excluding food and energy..................LMAO................

[novice08]

Looks like they're working overtime to keep these things from running away this morning. LOL.

[cosmic]

$200B buys a lot of bank stocks ;D

[jack]

Soooooo....does anyone have any questions now about the Apple/Mr Market Rally of 2012?

What's that you say? Rumors about an i-TV?

LOL!!!

[Clinton SPX]

JPM just tagged support

[huh?]

Mar 19, 2012 14:15:33 GMT -5 Clinton SPX said:

JPM just tagged support

And BAC hit it's downside target of $9.61 for falling out of the multi-day channel (since Wed - 30min chart). $9.61 was also a previous bull flag target.

Should act as support and needs to hold that today. I don't see any other upside pattern targets currently, so if $9.61 fails, should see a retrace to low $9's fairly quick.

[huh?]

BAC needs to get back over $9.63 by EOD (sorry, I'm trying to be a bull here, but the charts aren't helping out much!)

[Clinton SPX]

20 min dash
sorry BAC is a turd
watch JPM and WFC for where the fins want to go

[huh?]

I agree on the turd part...but I believe it is the only major bank to double during this rally since October. (it hit that double today - why I'm watching it so close)

[huh?]

OK...I'm long some now. Where's this PPT thingy I've been hearing so much about?

LOL

[Clinton SPX]

long fins here

[Clinton SPX]

50ma10 looks good support and the 10m stoch is reset for a gap up tomorrow
this feels like a good scalp

[novice08]

Look at the volume on that pig! She's going to have plenty of lipstick when the p*o*t*u*s makes his "acceptance" speech at BAC Stadium in early Sept.

[Clinton SPX]

AAPL 600

[huh?]

Mar 19, 2012 14:57:50 GMT -5 Clinton SPX said:

AAPL 600

I see a target of about 609 ... Some AAPL a day keep the shorts away.

[Clinton SPX]

I think AAPL hits 700 by MAY

[Clinton SPX]

what a beautiful close on spy
a long tailed dagger printed that the tip just touched the 50ma10 for a second
10m stoch Completely reset
I like my odds being long here

[novice08]

Re: BAC, looks like a gap @9.24 and another @8.49.