|
Post by kryptos2009 on Mar 26, 2012 3:48:22 GMT -5
Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=15.65 MP=15.74 R1=15.83 MP=15.88 R2=15.93 MP=16.07 R3=16.21 MP=16.35 R4=16.49 MP=15.60 S1=15.55 MP=15.46 S2=15.37 MP=15.23 S3=15.09 MP=14.95 S4=14.81 O=15.57 H=15.75 L=15.47 C=15.73 FAS PP=106.87 MP=108.15 R1=109.43 MP=110.15 R2=110.87 MP=112.87 R3=114.87 MP=116.87 R4=118.87 MP=106.15 S1=105.43 MP=104.15 S2=102.87 MP=100.87 S3=98.87 MP=96.87 S4=94.87 O=104.92 H=108.3 L=104.3 C=108 FAZ PP=21.21 MP=21.36 R1=21.50 MP=21.77 R2=22.04 MP=22.45 R3=22.87 MP=23.28 R4=23.70 MP=20.94 S1=20.67 MP=20.53 S2=20.38 MP=19.96 S3=19.55 MP=19.13 S4=18.72 O=21.6 H=21.74 L=20.91 C=20.97 SPY PP=139.34 MP=139.73 R1=140.12 MP=140.36 R2=140.60 MP=141.23 R3=141.86 MP=142.49 R4=143.12 MP=139.10 S1=138.86 MP=138.47 S2=138.08 MP=137.45 S3=136.82 MP=136.19 S4=135.56 O=139.32 H=139.81 L=138.55 C=139.65 SPG PP=143.43 MP=144.00 R1=144.56 MP=145.03 R2=145.50 MP=146.54 R3=147.57 MP=148.61 R4=149.64 MP=142.96 S1=142.49 MP=141.93 S2=141.36 MP=140.33 S3=139.29 MP=138.26 S4=137.22 O=143.19 H=144.37 L=142.3 C=143.62 GS PP=125.83 MP=126.49 R1=127.15 MP=127.64 R2=128.12 MP=129.27 R3=130.41 MP=131.56 R4=132.70 MP=125.35 S1=124.86 MP=124.20 S2=123.54 MP=122.40 S3=121.25 MP=120.11 S4=118.96 O=125.86 H=126.8 L=124.51 C=126.18 JPM PP=44.95 MP=45.21 R1=45.46 MP=45.61 R2=45.76 MP=46.17 R3=46.57 MP=46.98 R4=47.38 MP=44.80 S1=44.65 MP=44.40 S2=44.14 MP=43.74 S3=43.33 MP=42.93 S4=42.52 O=44.45 H=45.25 L=44.44 C=45.16 MS PP=20.13 MP=20.39 R1=20.65 MP=20.82 R2=20.98 MP=21.40 R3=21.83 MP=22.25 R4=22.68 MP=19.97 S1=19.80 MP=19.54 S2=19.28 MP=18.85 S3=18.43 MP=18.00 S4=17.58 O=19.67 H=20.45 L=19.6 C=20.33 C PP=37.06 MP=37.26 R1=37.46 MP=37.63 R2=37.79 MP=38.16 R3=38.52 MP=38.89 R4=39.25 MP=36.90 S1=36.73 MP=36.53 S2=36.33 MP=35.97 S3=35.60 MP=35.24 S4=34.87 O=36.76 H=37.39 L=36.66 C=37.13 VIX PP=15.30 MP=15.61 R1=15.91 MP=16.46 R2=17.00 MP=17.85 R3=18.70 MP=19.55 R4=20.40 MP=14.76 S1=14.21 MP=13.91 S2=13.60 MP=12.75 S3=11.90 MP=11.05 S4=10.20 O=15.65 H=16.39 L=14.69 C=14.82 UUP PP=22.03 MP=22.05 R1=22.07 MP=22.10 R2=22.12 MP=22.17 R3=22.21 MP=22.26 R4=22.30 MP=22.01 S1=21.98 MP=21.96 S2=21.94 MP=21.90 S3=21.85 MP=21.81 S4=21.76 O=22.07 H=22.08 L=21.99 C=22.02 FROM: www.econoday.comEconomic Events & Analysis - 03/26/2012 Monday7:30 AM ET Charles Plosser Speaks 8:00 AM ET Ben Bernanke Speaks 8:30 AM ET Chicago Fed National Activity Index 10:00 AM ET Pending Home Sales Index 10:30 AM ET Dallas Fed Mfg Survey 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.
|
|
|
Post by ask2lern on Mar 26, 2012 6:30:41 GMT -5
Thanks Kryptos!!!!! Good Morning Gang Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1702.57 R2 1680.87 R1 1672.33
PP 1659.17
S1 1650.63 S2 1637.47 S3 1615.77
SILVER
R3 33.97 R2 33.02 R1 32.68
PP 32.07
S1 31.73 S2 31.12 S3 30.17
IWM
R3 85.32 R2 83.78 R1 83.23
PP 82.24
S1 81.69 S2 80.70 S3 79.16
TNA
R3 68.68 R2 65.02 R1 63.65
PP 61.36
S1 59.99 S2 57.70 S3 54.04
TZA
R3 20.21 R2 19.18 R1 18.51
PP 18.15
S1 17.48 S2 17.12 S3 16.09
SDS
R3 15.96 R2 15.68 R1 15.51
PP 15.40
S1 15.23 S2 15.12 S3 14.84
SSO
R3 59.27 R2 58.24 R1 57.86
PP 57.21
S1 56.83 S2 56.18 S3 55.15
…………………………..GLTA
|
|
|
Post by ask2lern on Mar 26, 2012 6:33:10 GMT -5
From www.optionmonster.com ......................GLTA Indexes show potential shift toward the RussellThe major indexes attempted to hold their ground on Friday, and are potentially showing a switch in leadership from the Nasdaq 100 to the Russell 2000. The S&P 500 climbed 0.31 percent to 1397.11, breaking a three-day slide. It finished near the highs, with an especially strong showing by metals, materials and energy names. The index is currently grappling with the psychologically important 1400 level, which could require time to break. Potentially more important are developments with the Nasdaq and Russell indexes. The NDX is now in the same area where it formed a major peak in January 2001, during the implosion of the dot-com bubble. That level could now present resistance and slow the advance of the strongest of the three major indexes so far this year. The RUT, on the other hand, has been consolidating in its current range since early February and rebounded sharply after a drop late last week. Given that it's the least extended, it may return to favor with investors. The RUT was also the strongest of the three on Friday while the NDX was the only one finish lower. S&P 500 Resistance is now 1397.68, followed by 1402 and 1414. Support is now 1387 (Friday's low) followed by 1378 and then 1354. Nasdaq 100 Resistance is now 2735, followed by 2740 and then 2745. Support is now 2725, followed by 2720 and then 2710. Russell 2000 Resistance is now 833, followed by 843 and then 860. Support is now 820, followed by 816 (Friday's low) and 812 (the 50-day moving average).
|
|
|
Post by ask2lern on Mar 26, 2012 6:35:31 GMT -5
From www.optionmonster.com .........................GLTA German data, Bernanke speech on the agendaToday's economic calendar includes potentially important events in Europe and the U.S., including economic data and central bank news. It begins at 4 a.m. ET with Germany's Ifo survey of investor sentiment. This metric has come in better than expected for several months, and another strong reading could boost investor confidence in the global economy. U.S. banks, which tend to be sensitive to events in Europe, could be especially sensitive to the news. At 8 a.m. Federal Reserve Chairman Ben Bernanke will begin a speech entitled "Recent Developments in the Labor Market" to business economists. Given its subject matter and the relatively positive trend in U.S. jobs data recently, it could also receive especially heavy attention. Comments supporting the idea that employment environment is improving could be bullish for equities overall. The Chicago Fed will release its index of business activity at 8:30 a.m. While the report has little directional impact on trading and isn't forecast by economists, it could still provide some clues on the trajectory of the economy. Pending home sales follow 90 minutes later and are expected to show a slight gain of 0.5-1 percent, down from January's 2 percent increase. An especially large beat or wide miss could potentially impact homebuilder stocks, although they also face the more-important Case-Shiller Index of home prices tomorrow.
|
|
|
Post by ask2lern on Mar 26, 2012 6:38:23 GMT -5
From www.optionmonster.com ....................GLTA Lessons from volatility market turmoilThe CBOE Volatility Index pushed back toward its session lows right at the close on Friday while the VIX futures and exchange-traded notes and funds tumbled. The VIX ended the day down 4.82 percent to 14.82 as the S&P 500 finished the session up 4.33 points to 1397.11. The two indexes usually move inversely. The April VIX futures were fell 1.34 percent to 17 even, while the May futures gave up 1.42 percent to close at 20.20. This had the iPath S&P 500 VIX futures ETN (VXX) down 6.89 percent to 17.30 in the regular session and another 1 percent in extended trading. The ProShares Ultra VIX Short-Term Futures ETF (UVXY) fell 13.81 percent to a new low of 15.66 and lost another 1.66 percent after hours. But it was the VelocityShares 2x VIX Short-Term ETN (TVIX) that remained the volatility story of the day. It fell another 29.8 percent to close at $7.16, adding to its 30 percent loss of the previous session. This came after Credit Suisse, which operates the TVIX, said it would start creating new shares again but only on a "limited basis." And it still trades at a premium to its net asset value (NAV). A few key points to take away from all this:
Don't buy what you really don't understand. Don't buy anything with a big premium to NAV. Don't buy and hold VIX-based products. On Friday some market observers made comments about these products that were downright laughable. Some were saying they have to be held for the long term. Some commentators on CNBC asked why anyone would buy a product that the creators admit has a likely long-term value of zero, as they state in the prospectus. (Every option you buy is a decaying asset and has a likely long-term value of zero.) One thing is clear: VIX-based funds and notes can be very useful but are complex, and if you don't understand them you should avoid these products. I have never like the term "ripping your face off," but that is what the pros did to long holders of the TVIX last week.
|
|
|
Post by ask2lern on Mar 26, 2012 6:39:36 GMT -5
From www.optionmonster.com ......................GLTA Volatility funds hit hard as VIX dropsThe CBOE Volatility Index is down 4.3 percent to 14.90, back in Wednesday's range, as the S&P 500 rises. The VIX futures have given up some of their premiums. The April futures are down some 5.7 percent to 17.30, and May futures are down 6 percent to 20.30. This action has hit the VIX-based products hard. The iPath S&P 500 VIX Short-Term Futures (VXX) exchange-traded note is down 6.7 percent to 17.34, and the ProShares Ultra VIX Short-Term Futures ETF (UVXY) is down 13 percent to 15.82. Both were at all-time lows earlier in the session. But the real story remains the TVIX, or the VelocityShares Daily 2x VIX Short-Term Futures ETN. We have been talking about this one for weeks, ever since Credit Suisse stopped creating new shares for it. The TVIX built up a huge premium to its net asset value (NAV), which grew as high as 89 percent on Wednesday. Yesterday that premium begain to collapse as the TVIX dropped 30 percent. Today it continues that trend, losing another 27 percent. (See today's Volatility Sonar report for more) Some attribute the latest decline to Credit Suisse's statement that it will start creating new shares on a "limited basis." This explains the drop today, but that statement came out after the closing bell yesterday. So it looks to me as if someone knew about it beforehand and made a killing in the process. All of this action does mean that the VIX exchange-traded funds and notes are broken. I would certainly stay away from TVIX, but the VXX and the UVXY still make sense when they are appropriate and understood. Most people that owned the TVIX going into yesterday's session likely didn't understand the premium to NAV, let alone the dynamics of the underlying fund. The lesson: Don't buy it if you don't understand it! Those looking to buy the TVIX now on the drop must deal with the big premiums in the futures and the contango. (Again, if you don't understand what I just said, stay away from VIX products until you do.) Remember, these funds and notes are not designed to track the volatility index itself, but various baskets of VIX futures.
|
|
|
Post by ask2lern on Mar 26, 2012 6:46:24 GMT -5
From www.optionmonster.com ...........................GLTA Large put purchases target DJIA fundThe SPDR Dow Jones Industrial Average ETF usually doesn't see that much option action, but a huge put trade lit up our screens at the end of last week. The DIA was up 0.33 percent on Friday to close at $130.60. Shares were at a multi-year high of $132.61 a week ago. Shares have been trending higher from the 52 week low of $103.84 in early October. Although it is one of the least-traded exchange-traded funds, especially in the option market, the DIA saw 73,757 options change hands on Friday--more than double its daily average of 33,189. Topping this action were the 50,000 January 75 puts. The puts traded in two blocks of 25,000 bought for the ask prices of $0.60 and $0.61. The previous open interest of 11,566 means that the trades were new positions. Our systems did not find any stock trades related to the puts on Friday, though they could have been a hedge on an existing position. The puts could also be an outright bearish bet that the DIA will plunge some 43 percent this year
|
|
|
Post by theMIST on Mar 26, 2012 7:35:04 GMT -5
TVIX.iv at 6.70 and currently trading at 6.55 premarket GAZ.iv at 2.46 and currently trading at 3.95 premarket
TVIX also made REG SHO.
It's going to get interesting. LOL
|
|
|
Post by jack on Mar 26, 2012 7:54:15 GMT -5
I guess its too early to put my 20" chainsawed bear on my trading platform, eh? lol!!!
|
|
|
Post by Clinton SPX on Mar 26, 2012 8:22:47 GMT -5
BOJ Crosses Rubicon With Desperate Monetary Policy, Hirano Says (Bloomberg) Europe’s bailout bazooka is proving to be a toy gun (FT) Monti Signals Spanish Euro Risk as EU to Bolster Firewall (FT) Merkel set to allow firewall to rise (FT) Banks set to cut $1tn from balance sheets (FT) Supreme Court weighs historic healthcare law (Reuters) Spain PM denied symbolic austerity boost in local vote (Reuters) Anti-war movement stirs in Israel (FT) Obama to Ask China to Toughen Korea Line (WSJ) Pimco’s Gross Says Fed May ‘Hint’ at QE3 at April Meeting (Bloomberg)
|
|
|
Post by Clinton SPX on Mar 26, 2012 8:37:08 GMT -5
been a long time since we had a big monday
|
|
|
Post by jack on Mar 26, 2012 8:37:44 GMT -5
IVAN in breakout mode shoulda bought more of that sucker - broke thru its 50MA last friday now headed to the 200MA.
|
|
|
Post by novice08 on Mar 26, 2012 8:44:14 GMT -5
GM all. What's your sell spot Jack?
|
|
|
Post by theMIST on Mar 26, 2012 8:49:14 GMT -5
RENN looks like she wants to run
|
|
|
Post by huh? on Mar 26, 2012 8:55:34 GMT -5
RENN looks like she wants to run Nice catch Mist...I'm not buying it yet and will wait for the breakout, but that could be a HUGE runner. You should do a separate thread and chart on that one. Exalt.
|
|
|
Post by jack on Mar 26, 2012 8:56:05 GMT -5
GM all. What's your sell spot Jack? Hi Nov! One cent below the 200MA whenever it should get there.
|
|
|
Post by Clinton SPX on Mar 26, 2012 8:57:26 GMT -5
RENN looks like she wants to run Nice catch Mist...I'm not buying it yet and will wait for the breakout, but that could be a HUGE runner. You should do a separate thread and chart on that one. Exalt. RENN is top 20 holding of my YINN +3% today
|
|
|
Post by theMIST on Mar 26, 2012 9:17:01 GMT -5
Rally strong -- looks like some morning gaps aren't going to get filled
|
|
|
Post by Clinton SPX on Mar 26, 2012 9:18:19 GMT -5
end of quarter buying gonna be a good week
|
|
|
Post by herceg1967 on Mar 26, 2012 9:23:37 GMT -5
a lot of red on my screen for the mkt. up this much............makes me a bit concerned...................
|
|
|
Post by huh? on Mar 26, 2012 9:31:19 GMT -5
a lot of red on my screen for the mkt. up this much............makes me a bit concerned................... I'm feeling like the luck genius today...sold all of my coal and steel plays in premarket at or near the HOD using auto-orders I set on Friday. All pulled back 3% or more from highs. Regret adding the FAZ and TVIX & selling AERL on Friday though. If we continue to rally this week, looking like it's going to be mainly financials and tech. Energy and metals looking weak.
|
|
|
Post by novice08 on Mar 26, 2012 9:32:40 GMT -5
Man, I ain't got NO red! That makes me a bit concerned, . This Never Happens! ZGNX moving nicely, +8.2%...wish I had avgd. down.
|
|
|
Post by Clinton SPX on Mar 26, 2012 9:33:25 GMT -5
gold and silver still going up
|
|
|
Post by huh? on Mar 26, 2012 9:36:18 GMT -5
RENN looks like she wants to run Nice catch Mist...I'm not buying it yet and will wait for the breakout, but that could be a HUGE runner. You should do a separate thread and chart on that one. Exalt. I didn't wait....went long at $5.25. Couldn't resist that support line.
|
|
|
Post by Clinton SPX on Mar 26, 2012 9:38:18 GMT -5
Bought GPL at 2.11. That thing has goten pummeled, but my buy target hit, so here we go. My good luck charm ;D ;D ;D your up 10% already
|
|
|
Post by herceg1967 on Mar 26, 2012 9:49:02 GMT -5
a lot of red on my screen for the mkt. up this much............makes me a bit concerned................... I'm feeling like the luck genius today...sold all of my coal and steel plays in premarket at or near the HOD using auto-orders I set on Friday. All pulled back 3% or more from highs. Regret adding the FAZ and TVIX & selling AERL on Friday though. If we continue to rally this week, looking like it's going to be mainly financials and tech. Energy and metals looking weak. Good move...........my PM order on FCX did not hit, but never sold it above that later...............stupid move on my part.................lost on UVXY and now just watching............
|
|
|
Post by jack on Mar 26, 2012 9:52:29 GMT -5
Man, I ain't got NO red! That makes me a bit concerned, . This Never Happens! ZGNX moving nicely, +8.2%...wish I had avgd. down. Wowee!!! Exalt on that and the ZGNX!!!!
|
|
|
Post by theMIST on Mar 26, 2012 9:53:27 GMT -5
GL Huh?
That's a massive bottoming pattern in RENN. If she breaks out, could be a two bagger over longer term.
|
|
|
Post by huh? on Mar 26, 2012 9:58:10 GMT -5
GL Huh? That's a massive bottoming pattern in RENN. If she breaks out, could be a two bagger over longer term. 我當然希望如此。 (I sure hope so)
|
|
|
Post by jack on Mar 26, 2012 9:59:28 GMT -5
Bad News?
3/19's SPY high was slightly higher...hoping it beats that in the next few days or we have topped.
|
|