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Post by ask2lern on Apr 4, 2012 6:31:48 GMT -5
Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA
GOLD
R3 1744.23
R2 1699.93
R1 1673.37
PP 1655.63
S1 1629.07
S2 1611.33
S3 1567.03
SILVER
R3 34.91
R2 33.89
R1 33.33
PP 32.87
S1 32.31
S2 31.85
S3 30.83
IWM
R3 85.54
R2 84.47
R1 83.87
PP 83.40
S1 82.80
S2 82.33
S3 81.26
TNA
R3 68.67
R2 66.19
R1 64.83
PP 63.71
S1 62.34
S2 61.23
S3 58.75
TZA
R3 18.59
R2 17.95
R1 17.65
PP 17.31
S1 17.01
S2 16.67
S3 16.03
SDS
R3 15.58
R2 15.28
R1 15.13
PP 14.98
S1 14.83
S2 14.68
S3 14.38
SSO
R3 61.14
R2 59.93
R1 59.36
PP 58.72
S1 58.15
S2 57.51
S3 56.30
…………………………..GLTA
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Post by ask2lern on Apr 4, 2012 6:34:26 GMT -5
From www.optionmonster.com ......................GLTA NDX outpaces other indexes with AppleU.S. equity markets were rattled yesterday afternoon after the Fed indicated that it has no immediate plans for further quantitative easing. Equity indexes tumbled to their worst levels of the session shortly after the 2 p.m. ET release of the Federal Open Market Committee minutes, but buyers came back around the S&P 500's 1405 level. The SPX closed out the session at 1413.38, down 0.4 percent. The Nasdaq 100 remained the strongest index as shares of Apple rose more than $10 to finish the day at a new all-time closing high of $629.32. The NDX fell 0.07 percent to 2782.78, slightly above support. The Russell 2000 saw the worst of declines, retreating 0.69 percent to close at 834.80. S&P 500 Resistance is now 1415, followed by 1422.38 (Monday's high). Support is now 1410, followed by 1404.62 (yesterday's low), then 1400. Nasadaq 100 Resistance is now 2783, then 2790 and 2795.35 (yesterday's high). Support is now 2780, followed by 2770 and then 2760. Russell 2000 Resistance is 835, followed by 838.7 and then 841.10. Support is now 831.65 (yesterday's low), followed by 830 and then 822.72. |
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Post by ask2lern on Apr 4, 2012 6:36:35 GMT -5
From www.optionmonster.com .....................GLTA Labor reports in spotlight on calendarToday's economic calendar will focus primarily on employment data. Kicking off the day will be MBA mortgage-purchase applications at 7 a.m. ET, which is a leading indicator for single-family home sales and housing construction. The Challenger job-cut report is up next at 7:30 a.m. ET. The monthly report categorizes and counts layoffs that have been decided but not yet implemented. The ADP employment release comes out at 8:15 a.m. ET. Analysts are expecting a gain of 208,000 jobs, with estimates ranging from 190,00 to 266,000. The last reading was 216,000 positions. Following the jobs figures is the non-manufacturing ISM survey announcement for March at 10 a.m. ET. Analysts are expecting a print of 57.0, with estimates ranging from 55.7 to 58.0. The last reading was 57.3. Weekly EIA petroleum inventories are scheduled for 10:30 a.m. ET. The last reading showed a supply of 7.102 million barrels. |
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Post by ask2lern on Apr 4, 2012 6:37:42 GMT -5
From www.optionmonster.com ....................GLTA VIX gives up most gains late in sessionThe CBOE Volatility Index barely stayed positive at the end of the day as the S&P 500 recovered most of its losses. The VIX was up just 0.13 percent to 15.66 at the close after climbing as high as 16.65 as the SPX hit its lows. The SPX finished the day down 0.4 percent at 1413.38. (The two indexes usually move inversely.) The VIX futures were mixed, with the front months gaining premium. The April futures were up 0.88 percent to 17.15, while the May contracts rose 2.4 percent to close at 19.30. The VIX options traded just shy of 370,000 contracts, with puts making up 224,000 of that volume. The iPath S&P 500 VIX Short-Term Futures (VXX) exchange-traded note saw 208,000 options trade as it continues to gain traction. Put also outpaced calls in the VXX. |
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Post by Clinton SPX on Apr 4, 2012 7:25:03 GMT -5
Company Payrolls in U.S. Expanded by Estimated 209,000 Workers
Companies in the U.S. expanded payrolls in March, showing the labor market is strengthening, according to data from a private report based on payrolls.
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Post by Clinton SPX on Apr 4, 2012 7:36:08 GMT -5
So we got more jobs and cheaper oil but we're all supposed to sell because of Spanish debt or some such EU bullshit.
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Post by Clinton SPX on Apr 4, 2012 7:47:52 GMT -5
I hope Mr topstep uses his 10 handle rule today and covers at the open
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Post by brosin on Apr 4, 2012 7:57:46 GMT -5
Quite a move in the Yen today - nikkei down over -3% because of it. PMs getting hit hard, gold seems to be in breakaway - should be interesting day
All things considered the US equities are not down much at all (yet?)
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Post by PoorHomey on Apr 4, 2012 7:59:54 GMT -5
This may weigh on SOXL a bit..  |
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Post by tarzan on Apr 4, 2012 8:12:44 GMT -5
Interesting factoid - Schwab's level 2 is showing UVXY not designated as HTB
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Post by exabi on Apr 4, 2012 8:22:45 GMT -5
HTB?
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Post by tarzan on Apr 4, 2012 8:26:35 GMT -5
hard to borrow - most leveraged etfs carry it vitually all the time - only occassionally does it come off
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Post by Clinton SPX on Apr 4, 2012 8:34:35 GMT -5
I dont see how airlines dont go green today with oil down
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Post by dino on Apr 4, 2012 8:42:17 GMT -5
maybe that's the motive - push oil/gas prices down so the talk at the dinner table this holiday isn't high gas prices. the market's already up so it's got some cushion to be dropped a little...
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Post by Clinton SPX on Apr 4, 2012 8:42:33 GMT -5
first candle got tails
not a bad start
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Post by Clinton SPX on Apr 4, 2012 8:44:39 GMT -5
the answer to every problem is more printing
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Post by Clinton SPX on Apr 4, 2012 8:46:40 GMT -5
isnt this what Oscar calls a swing day?
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Post by jack on Apr 4, 2012 8:52:17 GMT -5
isnt this what Oscar calls a swing day? I call it a "Wake up yer SPHINCTER Day!"  |
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Post by Clinton SPX on Apr 4, 2012 9:04:10 GMT -5
DXY coming down
get rd
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Post by kryptos2009 on Apr 4, 2012 9:05:58 GMT -5
Good Morning Gang!! Here is the PP Daily Thread (PPDT) data. XLF PP=15.81 MP=15.87 R1=15.93 MP=15.98 R2=16.03 MP=16.14 R3=16.25 MP=16.36 R4=16.47 MP=15.76 S1=15.71 MP=15.65 S2=15.59 MP=15.48 S3=15.37 MP=15.26 S4=15.15 O=15.88 H=15.91 L=15.69 C=15.83 FAS PP=109.84 MP=110.92 R1=112.00 MP=112.83 R2=113.66 MP=115.57 R3=117.48 MP=119.39 R4=121.30 MP=109.01 S1=108.18 MP=107.10 S2=106.02 MP=104.11 S3=102.20 MP=100.29 S4=98.38 O=110.76 H=111.49 L=107.67 C=110.35 FAZ PP=20.50 MP=20.66 R1=20.81 MP=21.00 R2=21.19 MP=21.54 R3=21.88 MP=22.23 R4=22.57 MP=20.31 S1=20.12 MP=19.97 S2=19.81 MP=19.47 S3=19.12 MP=18.78 S4=18.43 O=20.32 H=20.89 L=20.2 C=20.42 SPY PP=141.19 MP=141.57 R1=141.95 MP=142.30 R2=142.64 MP=143.37 R3=144.09 MP=144.82 R4=145.54 MP=140.85 S1=140.50 MP=140.12 S2=139.74 MP=139.02 S3=138.29 MP=137.57 S4=136.84 O=141.64 H=141.88 L=140.43 C=141.26 SPG PP=146.52 MP=146.87 R1=147.22 MP=147.54 R2=147.85 MP=148.51 R3=149.18 MP=149.84 R4=150.51 MP=146.21 S1=145.89 MP=145.54 S2=145.19 MP=144.52 S3=143.86 MP=143.19 S4=142.53 O=146.48 H=147.14 L=145.81 C=146.6 GS PP=122.95 MP=123.57 R1=124.19 MP=124.94 R2=125.68 MP=127.04 R3=128.41 MP=129.77 R4=131.14 MP=122.21 S1=121.46 MP=120.84 S2=120.22 MP=118.85 S3=117.49 MP=116.12 S4=114.76 O=124.32 H=124.43 L=121.7 C=122.71 JPM PP=45.46 MP=45.71 R1=45.95 MP=46.22 R2=46.48 MP=46.99 R3=47.50 MP=48.01 R4=48.52 MP=45.20 S1=44.93 MP=44.69 S2=44.44 MP=43.93 S3=43.42 MP=42.91 S4=42.40 O=45.74 H=45.99 L=44.97 C=45.42 MS PP=19.46 MP=19.60 R1=19.73 MP=19.91 R2=20.08 MP=20.39 R3=20.70 MP=21.01 R4=21.32 MP=19.29 S1=19.11 MP=18.98 S2=18.84 MP=18.53 S3=18.22 MP=17.91 S4=17.60 O=19.71 H=19.82 L=19.2 C=19.37 C PP=36.40 MP=36.61 R1=36.81 MP=37.03 R2=37.24 MP=37.66 R3=38.08 MP=38.50 R4=38.92 MP=36.19 S1=35.97 MP=35.77 S2=35.56 MP=35.14 S3=34.72 MP=34.30 S4=33.88 O=36.7 H=36.84 L=36 C=36.37 VIX PP=15.96 MP=16.16 R1=16.35 MP=16.70 R2=17.05 MP=17.59 R3=18.14 MP=18.68 R4=19.23 MP=15.61 S1=15.26 MP=15.07 S2=14.87 MP=14.32 S3=13.78 MP=13.23 S4=12.69 O=15.61 H=16.65 L=15.56 C=15.66 UUP PP=21.97 MP=22.04 R1=22.10 MP=22.14 R2=22.17 MP=22.27 R3=22.37 MP=22.47 R4=22.57 MP=21.94 S1=21.90 MP=21.84 S2=21.77 MP=21.67 S3=21.57 MP=21.47 S4=21.37 O=21.88 H=22.05 L=21.85 C=22.02 FROM: www.econoday.comEconomic Events & Analysis - 04/04/2012 Wednesday7:00 AM ET MBA Purchase Applications 8:15 AM ET ADP Employment Report 9:00 AM ET Ceridian-UCLA PCI 10:00 AM ET ISM Non-Mfg Index 10:30 AM ET EIA Petroleum Status Report 11:00 AM ET John Williams 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 Apr 4, 2012 9:11:55 GMT -5
this is so odd
dollar looks frozen
Im just gonna head to work and check back later
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Post by novice08 on Apr 4, 2012 9:14:46 GMT -5
ISM index lower than expected, but still well above 50 where it has remained for 27 mos.
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Post by Clinton SPX on Apr 4, 2012 9:19:49 GMT -5
added to my oil scalp
BBL
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Post by Ralf on Apr 4, 2012 9:21:16 GMT -5
Hmmmm.....just a week or two ago traders would have been stepping on each other to buy this. Now they're stepping on each other to get to the exit.
I'm tellin ya, banks (and the rest of the market too, I guess) ran too far too fast. They gotta let off a lot of steam before they're ready to climb again. I'm expecting 1370's, but hope I'm wrong.
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Post by dino on Apr 4, 2012 9:22:00 GMT -5
ES needs to hold this 1394 level or it will drop another 8 imo.
long some weekly spy calls...
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Post by huh? on Apr 4, 2012 9:25:38 GMT -5
I think this entire 6 month bull rally's fate hinges right here, right now.
(BTW 6 months to the day today)
Choose your side.
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Post by jack on Apr 4, 2012 9:25:48 GMT -5
Hmmmm.....just a week or two ago traders would have been stepping on each other to buy this. Now they're stepping on each other to get to the exit. I'm tellin ya, banks (and the rest of the market too, I guess) ran too far too fast. They gotta let off a lot of steam before they're ready to climb again. I'm expecting 1370's, but hope I'm wrong. Nahhhhh - they are still buying the dips when that stops we'll see a 300-400pt drop we're not there yet. |
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Post by jack on Apr 4, 2012 9:28:53 GMT -5
I think this entire 6 month bull rally's fate hinges right here, right now. (BTW 6 months to the day today) Choose your side. Ughhhhhh....I think that "hinge" was the gap down - it broke then...the doors off its hinges... |
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Post by herceg1967 on Apr 4, 2012 9:31:44 GMT -5
The only reason I think we don't tank is because of earnings on deck soon..................just more volatility for now IMO...............
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Post by jack on Apr 4, 2012 9:35:20 GMT -5
The only reason I think we don't tank is because of earnings on deck soon..................just more volatility for now IMO............... I dunno herc - the earnings 1st Qtr might be okay but its the forecast which is gonna rule - and THAT's gonna suck by any accounts I've heard have you heard different? |
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