PPDT - 04/05/2012 Thursday - PP-XLF = 15.59

[kryptos2009]

Good Morning Gang!!

Here is the PP Daily Thread (PPDT) data.

XLF PP=15.59
MP=15.64 R1=15.68 MP=15.73 R2=15.77 MP=15.86 R3=15.95 MP=16.04 R4=16.13
MP=15.55 S1=15.50 MP=15.46 S2=15.41 MP=15.32 S3=15.23 MP=15.14 S4=15.05
O=15.65 H=15.69 L=15.51 C=15.58

FAS PP=105.78
MP=106.57 R1=107.35 MP=108.28 R2=109.21 MP=110.92 R3=112.64 MP=114.35 R4=116.07
MP=104.85 S1=103.92 MP=103.14 S2=102.35 MP=100.63 S3=98.92 MP=97.20 S4=95.49
O=106.94 H=107.63 L=104.2 C=105.5

FAZ PP=21.25
MP=21.43 R1=21.60 MP=21.75 R2=21.90 MP=22.23 R3=22.55 MP=22.88 R4=23.20
MP=21.10 S1=20.95 MP=20.78 S2=20.60 MP=20.28 S3=19.95 MP=19.63 S4=19.30
O=21.07 H=21.55 L=20.9 C=21.3

SPY PP=139.85
MP=140.10 R1=140.35 MP=140.60 R2=140.85 MP=141.35 R3=141.85 MP=142.35 R4=142.85
MP=139.60 S1=139.35 MP=139.10 S2=138.85 MP=138.35 S3=137.85 MP=137.35 S4=136.85
O=140.22 H=140.34 L=139.34 C=139.86

SPG PP=145.48
MP=146.04 R1=146.59 MP=147.06 R2=147.52 MP=148.54 R3=149.56 MP=150.58 R4=151.60
MP=145.02 S1=144.55 MP=144.00 S2=143.44 MP=142.42 S3=141.40 MP=140.38 S4=139.36
O=145.3 H=146.41 L=144.37 C=145.66

GS PP=120.48
MP=120.80 R1=121.11 MP=121.68 R2=122.25 MP=123.14 R3=124.02 MP=124.91 R4=125.79
MP=119.91 S1=119.34 MP=119.03 S2=118.71 MP=117.83 S3=116.94 MP=116.06 S4=115.17
O=120.82 H=121.63 L=119.86 C=119.96

JPM PP=44.41
MP=44.64 R1=44.86 MP=45.09 R2=45.31 MP=45.76 R3=46.21 MP=46.66 R4=47.11
MP=44.19 S1=43.96 MP=43.74 S2=43.51 MP=43.06 S3=42.61 MP=42.16 S4=41.71
O=44.68 H=44.86 L=43.96 C=44.41

MS PP=18.80
MP=18.90 R1=18.99 MP=19.15 R2=19.30 MP=19.55 R3=19.80 MP=20.05 R4=20.30
MP=18.65 S1=18.49 MP=18.40 S2=18.30 MP=18.05 S3=17.80 MP=17.55 S4=17.30
O=18.93 H=19.1 L=18.6 C=18.69

C PP=35.25
MP=35.47 R1=35.68 MP=36.00 R2=36.32 MP=36.86 R3=37.39 MP=37.93 R4=38.46
MP=34.93 S1=34.61 MP=34.40 S2=34.18 MP=33.65 S3=33.11 MP=32.58 S4=32.04
O=35.88 H=35.89 L=34.82 C=35.04

VIX PP=16.82
MP=17.08 R1=17.34 MP=17.80 R2=18.25 MP=18.97 R3=19.68 MP=20.40 R4=21.11
MP=16.37 S1=15.91 MP=15.65 S2=15.39 MP=14.68 S3=13.96 MP=13.25 S4=12.53
O=17.07 H=17.74 L=16.31 C=16.42

UUP PP=22.13
MP=22.14 R1=22.15 MP=22.16 R2=22.17 MP=22.19 R3=22.21 MP=22.23 R4=22.25
MP=22.12 S1=22.11 MP=22.10 S2=22.09 MP=22.07 S3=22.05 MP=22.03 S4=22.01
O=22.14 H=22.15 L=22.11 C=22.13

FROM: www.econoday.com

Economic Events & Analysis - 04/05/2012 Thursday


Weekly Bill Settlement

Chain Store Sales

7:30 AM ET Challenger Job-Cut Report
8:30 AM ET Jobless Claims
9:10 AM ET James Bullard Speaks
9:45 AM ET Bloomberg Consumer Comfort Index
10:30 AM ET EIA Natural Gas Report
11:00 AM ET 3-Month Bill Announcement
11:00 AM ET 6-Month Bill Announcement
11:00 AM ET 3-Yr Note Announcement
11:00 AM ET 10-Yr Note Announcement
11:00 AM ET 30-Yr Bond Announcement
3:00 PM ET Treasury STRIPS
4:30 PM ET Fed Balance Sheet
4:30 PM ET Money Supply


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.

[tendermyshares]

Wait, is it tomorrow already? Why yes, yes it is. And I'm still waiting for my pizza. Seriously.

[herceg1967]

In what appears to be surprising news for some, Reuters has an article titled "Americans brace for next foreclosure wave" whose key premise is that "a painful part two of the [housing] slump looks set to unfold: Many more U.S. homeowners face the prospect of losing their homes this year as banks pick up the pace of foreclosures." Thank the robosettlement, where in exchange for a few wrist slaps, contract law was thoroughly trampled by America's attorneys general, but far more importantly to the country's crony capitalist system, the foreclosure pipeline was once again unclogged, and whether one does or does not have a legal title on a given house, the banks are now fully in their right to foreclose on it. What this means also is that America's record shadow housing inventory, which is far greater than any fabricated number the NAR reports on a monthly basis, is about to get unleashed on buyers, shifting the supply curve much further to the right, as up to 9 million new properties slowly but surely appear on the market. And while many will no longer be able to live mortgage free, forcing them to go out and rent (and no longer be able to afford incremental iGizmos), it also means that the prevalent price of homes is about to take another major tumble, making buffoons out of all those who, once again, called for a housing bottom in early 2012. Here's the simply math: there will be no housing bottom until the 9 million excess homes clear. Period. Until then it is a buyer's market, even if said buyer is unable to obtain bank financing, as ultimately it will be the seller who is forced to monetize (or vacate if underwater) their home in a world of ever diminishing cashflows. The fear of the supply onslaught will only make the dumpage that much faster.

[Clinton SPX]

Shanghai closed +1.7%
dOLLAR Yen -.59%
People are going to buy this pre market dip I imagine.

[ask2lern]

Thanks Kryptos!!!!!
Good Morning Gang
Here are the pivots……….…hope everyone has a great day ……GLTA


GOLD


R3 1753.67
R2 1636.87
R1 1629.13

PP 1620.07

S1 1612.33
S2 1603.27
S3 1586.47


SILVER

R3 33.59
R2 32.52
R1 31.99

PP 31.45

S1 30.92
S2 30.38
S3 29.31


IWM

R3 83.90
R2 82.92
R1 82.43


PP 81.94

S1 81.45
S2 80.96
S3 79.98




TNA

R3 64.85
R2 62.60
R1 61.45

PP 60.35

S1 59.20
S2 58.10
S3 55.85



TZA

R3 19.44
R2 18.83
R1 18.53

PP 18.22

S1 17.92
S2 17.61
S3 17.00


SDS

R3 15.69
R2 15.48
R1 15.37

PP 15.27

S1 15.16
S2 15.06
S3 14.85

SSO

R3 59.22
R2 58.39
R1 57.96

PP 57.56

S1 57.13
S2 56.73
S3 55.90

…………………………..GLTA

[ask2lern]

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

Jobless claims is calendar's main item

Today's economic calendar will focus on jobless claims, set to be released at 8:30 a.m. ET.The consensus estimate for the report is 360,000, within a range of 347,000 to 455,000. The last reading was 359,000.

The first release of the morning will be another employment measure, the Challenger job-cut report at 7:30 a.m. ET. The monthly report categorizes and counts layoffs that have been decided but not yet implemented.

Chain store sales will also come out at 7:30 a.m. ET. That report is released on the first Thursday of each month.

The Bloomberg Consumer Comfort Index is scheduled far 9:45 a.m. ET. The index is a weekly sample of American views on the condition of the economy.

The weekly EIA natural gas report follows at 10:30 a.m. ET.

The results of Treasury auctions for 3- and 6-month bills will be announced at 11 a.m. ET. Also announced at that hour will be auctions for 3- and 10-year notes, as well as a 30-year bonds.

At 3 p.m. ET the Treasury announces current STRIPS, which report the stripping and reconstitution of Treasury notes and bonds by individual issue. The Fed balance sheet and money supply follows at 4:30 p.m. ET.

[ask2lern]

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

Strong dollar wreaks havoc on indexes

U.S. equity indexes were hammered yesterday as the dollar continued to grind into new highs for the month. Historically a strong dollar translates into a weaker equity and commodity market, and this rang true as both gold and crude oil markets saw steep losses along with stocks.

The S&P 500 hit a session low of 1394.09 before finding a slight bid toward the end of the session, closely mimicking Tuesday's price action after the Fed announcement. The index closed lower on the day by 1.02 percent to settle at 1398.96.

The Nasdaq 100 saw steep declines as well yesterday, dropping 1.36 percent to settle at 2745.

The small-cap Russell 2000 performed the worst yesterday, falling more than 1.73 percent to close at 820.38 after gapping below support at the 830 level.

S&P 500
Resistance is now 1400, followed by 1402 and then 1410.
Support is now 1394, followed by Friday's support at 1392 and then 1386.5.

Nasdaq 100
Resistance is now 2750, followed by 2757 and then 2767.05.
Support is now yesterday's low of 2729.31, followed by 2720 and then 2516.5.

Russell 2000
Resistance is now 822, followed by 824 and then 827.67 (yesterday's gap open level).
Support is now 818, followed by 817.08 and then 815.

[ask2lern]

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

Spot VIX narrows gap with its futures

The CBOE Volatility Index ticked just above the day's lows into the close as the S&P 500 ended the day down 1 percent.

The VIX finished the day at 16.44, up nearly 5 percent on the day. The S&P 500 was down just over 1 percent to 1398.96. The volatility index, which moves inversely to the SPX, ticked as high as 17.74 while the market sold off in the morning.

The VIX futures followed higher, but to a decreasing degree. The April contracts were up 0.65 or 3.8 percent to 17.90, while the May futures rose 3.1 percent to 1.90.

The VIX itself, however, remains at a huge premium to the actual volatility of the SPX, which is around 10 percent.

[ask2lern]

redliontrader þ @redliontrader
Breadth telling us it is not going to take a lot to get this market oversold bit.ly/HUHTRc

[Clinton SPX]

bears on bloom trying to spin their book all morning

watchem get squeezed thx to china

[jack]

Apr 4, 2012 23:11:13 GMT -5 tendermyshares said:

Wait, is it tomorrow already? Why yes, yes it is. And I'm still waiting for my pizza. Seriously.

You're in Brooklyn man and there's a Pizza parlor on every corner - go and get it yourself.

Seriously

[Clinton SPX]

At what point does everyone limit their exposure to EU bullshit?
I mean really.
If American banks havent done this already they should be closed down.

[Clinton SPX]

dollar up
PMs up
this market is freakin stupid

[dino]

i hope you're right clint - es looks very beary...

[Clinton SPX]

Bloom has a trader on talking about a 15% correction and talking up the laffer (laugher) curve

COMPLETE IDIOT - Laffer and this trader

[Clinton SPX]

Apr 5, 2012 8:27:15 GMT -5 dino said:

i hope you're right clint - es looks very beary...

ITMS methodology gives a bear flag above support 50/50

[dino]

Apr 5, 2012 8:34:45 GMT -5 Clinton SPX said:

Apr 5, 2012 8:27:15 GMT -5 dino said:

i hope you're right clint - es looks very beary...

ITMS methodology gives a bear flag above support 50/50

hmmm... never heard of that before but it makes sense. the support obviously makes it harder for the flag to break.

whatever the case, we don't want to see a break of ES 1386 with volume...

[Clinton SPX]

Apr 5, 2012 8:40:50 GMT -5 dino said:

Apr 5, 2012 8:34:45 GMT -5 Clinton SPX said:

ITMS methodology gives a bear flag above support 50/50

hmmm... never heard of that before but it makes sense. the support obviously makes it harder for the flag to break.

whatever the case, we don't want to see a break of ES 1386 with volume...

exactly. And if your a shorter you look for a bear flag with a MA or Major Res at the top of the flag that makes the flag harder to reverse to the upside

[guest]

GS and BAC just went green. Might be too early to tell, but this may be a day they use the banks to drag everyone else back up.

[Clinton SPX]

you watch if we have a +100 day they will forget all about the EU and be talking about China

[dino]

good info clint - +1.

[Clinton SPX]

China kicked ass last night

[Clinton SPX]

Sumpin to ponder

Attachments:

[cosmic]

I'm in some DRN at 66.30

[Clinton SPX]

If YINN doesnt close up 9% Im gonna be pissed

[Clinton SPX]

CLNT +41% today that pisses me off too

[exabi]

Clint,

I see you are up big again today, but that's one scary chart

[dino]

Apr 5, 2012 9:07:06 GMT -5 Clinton SPX said:

CLNT +41% today that pisses me off too

with a symbol like CLNT, you should have at least 1 share in your account at all times.

[Clinton SPX]

I fucked up exiting on LLEN

[jack]

ITMS's latest Hidden Gem, ticker BORN, a Chinese bootlegger, just broke out up +11%