Richard Suttmeier's Instablog ValuEngine.com ValuEngine, Inc is an independent research company, producing recommendations, forecasted target prices, and fair market valuations on over 5,500 equities trading on US exchanges (including over 700 international ADR's).. Research on each equity is updated every trading day to create current price targets and valuations. A team of PhD's and wall street professionals continue to evolve ValuEngine's proprietary modeling systems, track performance, and investigate new ways to implement the research results. VE Chief Market Strategist, RIchard Suttmeier: Richard Suttmeier is ValuEngine's Chief Market Strategist, and produces numerous newsletters, articles and other research pieces based on the ValuEngine research. Many of Richard's articles are available here, on SeekingAlpha.com Richard Suttmeier has been a professional in the US Capital Markets since 1972, transferring his engineering skills to the trading and investment world. Richard has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. Richard began his career in the financial services industry in 1972 trading US Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, articles, media appearances, and other research items. Suttmeier correctly predicted the crash of the homebuilders in the summer of 2005, and in April 2006 predicted the real estate meltdown that’s plaguing the banking system and the US economy around the country today. Richard’s industry licenses include, Series 7, Registered Principal (Series 24), and Investment Advisor (Series 65). Richard frequently appears in the financial media including CNBC, Fox Business, Bloomberg TV, Yahoo Tech Ticker, Business News Network in Canada, and the Bill Mazer Radio Show. He is frequently quoted in USA Today, The NY Times, Wall Street Journal, Reuters, and The Dow Jones Newswires. ValuEngine or Richard Suttmeier can be reached by emailing support@ValuEngine.com or by calling (800) 381-5576. Richard Suttmeier http://seekingalpha.com/author/richard-suttmeier/instablog Bulls & Bears Battle For Potential Key Reversals! http://seekingalpha.com/instablog/992-richard-suttmeier/1888361-bulls-bears-battle-for-potential-key-reversals?source=feed 1888361 10-Year Note - (2.023) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.015, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1391.7) Daily and weekly value levels are $1343.4 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($94.43) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.09 and my annual risky level at $115.23.

The Euro - (1.2934) Daily, semiannual and quarterly value levels are 1.2819, 1.2797 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

The major equity averages traded back and forth across the unchanged lines on Thursday. The result for Thursday is a draw. The bulls wanted higher closes to avoid potential key reversals. The bears wanted to keep a key reversal as a possibility depending upon whether or not Friday's closes are below Thursday's closes or not. For the major equity averages to have weekly key reversals, these averages would have to close below last week's lows at; 15,053.46 Dow Industrials, 1626.74 S&P 500, 3426.67 Nasdaq, 6324.48 on Dow Transports and 971.24 Russell 2000. This is feasible but unlikely.

Daily Dow:(15,295) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,281, a daily risky level at 15,508 and the May 22 all time high at 15,542.40.

S&P 500 - (1650.5) Monthly, semiannual, quarterly and annual value levels are 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1681.5 and the May 22 all time high at 1687.18.

NASDAQ - (3459) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3512 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.

NASDAQ 100 (NDX) - (2991) Quarterly, monthly and annual value levels are 2819, 2750 and 2463 with a weekly pivot at 2988, a daily risky level at 3030 and the May 22 multi-year high at 3053.51.

Dow Transports - (6430) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6613 and the May 22 all time high at 6562.85.

Russell 2000 - (984.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1004.81 and the May 22 high at 1008.23..

The SOX- (461.75) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 469.68. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(504.51) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 512.78, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Thu, 23 May 2013 17:53:24 -0400 10-Year Note - (2.023) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.015, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1391.7) Daily and weekly value levels are $1343.4 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($94.43) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.09 and my annual risky level at $115.23.

The Euro - (1.2934) Daily, semiannual and quarterly value levels are 1.2819, 1.2797 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

The major equity averages traded back and forth across the unchanged lines on Thursday. The result for Thursday is a draw. The bulls wanted higher closes to avoid potential key reversals. The bears wanted to keep a key reversal as a possibility depending upon whether or not Friday's closes are below Thursday's closes or not. For the major equity averages to have weekly key reversals, these averages would have to close below last week's lows at; 15,053.46 Dow Industrials, 1626.74 S&P 500, 3426.67 Nasdaq, 6324.48 on Dow Transports and 971.24 Russell 2000. This is feasible but unlikely.

Daily Dow:(15,295) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,281, a daily risky level at 15,508 and the May 22 all time high at 15,542.40.

S&P 500 - (1650.5) Monthly, semiannual, quarterly and annual value levels are 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1681.5 and the May 22 all time high at 1687.18.

NASDAQ - (3459) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3512 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.

NASDAQ 100 (NDX) - (2991) Quarterly, monthly and annual value levels are 2819, 2750 and 2463 with a weekly pivot at 2988, a daily risky level at 3030 and the May 22 multi-year high at 3053.51.

Dow Transports - (6430) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6613 and the May 22 all time high at 6562.85.

Russell 2000 - (984.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1004.81 and the May 22 high at 1008.23..

The SOX- (461.75) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 469.68. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(504.51) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 512.78, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy The major equity averages traded back and forth across the unchanged lines on Thursday. The result for Thursday is a draw. New Highs, Then Potential Key Reversals! http://seekingalpha.com/instablog/992-richard-suttmeier/1885381-new-highs-then-potential-key-reversals?source=feed 1885381 10-Year Note - (2.030) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.023, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1363.7) Daily and weekly value levels are $1331.2 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($94.17) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $94.28 and my annual risky level at $115.23.

The Euro - (1.2856) Semiannual, daily and quarterly value levels are 1.2797, 1.2796 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

Dow Industrials, S&P 500 and the Russell 2000 set new all time highs on Wednesday with the Nasdaq setting a new multi-year high. The closes were below Tuesday's lows setting up potential key reversals given lower closes today and Friday. Dow Transports set its new all time high on Monday and ended Wednesday down 2.3% from that high.

Daily Dow:(15,307) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily risky level at 15,439 and the May 22 all time high at 15,542.40.

S&P 500 - (1655.4) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1679.0 and the May 22 all time high at 1687.18.

NASDAQ - (3463) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3511 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.

NASDAQ 100 (NDX) - (2999) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with a daily risky level at 3031 and the May 22 multi-year high at 3053.51.

Dow Transports - (6416) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6560 and the May 22 all time high at 6562.85.

Russell 2000 - (982.26) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1000.66 and the May 22 high at 1008.23.

The SOX- (461.62) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 464.90. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(507.46) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 511.45, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Wed, 22 May 2013 22:11:47 -0400 10-Year Note - (2.030) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.023, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1363.7) Daily and weekly value levels are $1331.2 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($94.17) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $94.28 and my annual risky level at $115.23.

The Euro - (1.2856) Semiannual, daily and quarterly value levels are 1.2797, 1.2796 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

Dow Industrials, S&P 500 and the Russell 2000 set new all time highs on Wednesday with the Nasdaq setting a new multi-year high. The closes were below Tuesday's lows setting up potential key reversals given lower closes today and Friday. Dow Transports set its new all time high on Monday and ended Wednesday down 2.3% from that high.

Daily Dow:(15,307) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily risky level at 15,439 and the May 22 all time high at 15,542.40.

S&P 500 - (1655.4) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1679.0 and the May 22 all time high at 1687.18.

NASDAQ - (3463) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3511 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583.

NASDAQ 100 (NDX) - (2999) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with a daily risky level at 3031 and the May 22 multi-year high at 3053.51.

Dow Transports - (6416) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6560 and the May 22 all time high at 6562.85.

Russell 2000 - (982.26) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1000.66 and the May 22 high at 1008.23.

The SOX- (461.62) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 464.90. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(507.46) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 511.45, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy Dow Industrials S P 500 and the Russell 2000 set new all time highs on Wednesday with the Nasdaq setting a new multi-year high. The closes were below Tuesday’s lows setting up potential key reversals given lower closes today and Friday. New All Time Or Multi-Year Highs Except For The Russell 2000. http://seekingalpha.com/instablog/992-richard-suttmeier/1880691-new-all-time-or-multi-year-highs-except-for-the-russell-2000?source=feed 1880691 10-Year Note - (1.935) Annual, daily and semiannual value levels are 1.981, 2.054, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1372.4) Daily and weekly value levels are $1339.3 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.16) Daily, weekly, monthly and quarterly value levels are $95.09, $93.99, $88.34 and $79.66 with my annual risky level at $115.23.

The Euro - (1.2906) Semiannual, daily and quarterly value levels are 1.2797, 1.2781 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

New all time highs were set on Tuesday for Dow Industrials, S&P 500 and Dow Transports, but not on the Russell 2000. The Nasdaq set a new multi-year high at 3512.15 versus my semiannual risky level at 3583. Technical momentum continues to trump the ValuEngine Valuation Warning which continues to intensify.

Daily Dow:(15,388) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with the May 21 all time high at 15,434.50 and daily risky level at 15,451.

S&P 500 - (1669.2) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 21 all time high at 1674.93 and daily risky level at 1684.3.

NASDAQ - (3502) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 21 multi-year high at 3512.15, and daily and semiannual risky levels at 3541 and 3583.

NASDAQ 100 (NDX) - (3026) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 21 multi-year high at 3036.71 and daily risky level at 3053.

Dow Transports - (6519) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 21 all time high at 6560.41 and daily risky level at 6610.

Russell 2000 - (998.76) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with the May 20 all time high at 1001.50 and daily risky level at 1011.64.

The SOX- (469.03) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 471.59. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(515.49) Monthly and semiannual value levels are 509.53 and 474.63 with daily and quarterly pivots at 515.64 and 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Tue, 21 May 2013 18:12:16 -0400 10-Year Note - (1.935) Annual, daily and semiannual value levels are 1.981, 2.054, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1372.4) Daily and weekly value levels are $1339.3 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.16) Daily, weekly, monthly and quarterly value levels are $95.09, $93.99, $88.34 and $79.66 with my annual risky level at $115.23.

The Euro - (1.2906) Semiannual, daily and quarterly value levels are 1.2797, 1.2781 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

New all time highs were set on Tuesday for Dow Industrials, S&P 500 and Dow Transports, but not on the Russell 2000. The Nasdaq set a new multi-year high at 3512.15 versus my semiannual risky level at 3583. Technical momentum continues to trump the ValuEngine Valuation Warning which continues to intensify.

Daily Dow:(15,388) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with the May 21 all time high at 15,434.50 and daily risky level at 15,451.

S&P 500 - (1669.2) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 21 all time high at 1674.93 and daily risky level at 1684.3.

NASDAQ - (3502) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 21 multi-year high at 3512.15, and daily and semiannual risky levels at 3541 and 3583.

NASDAQ 100 (NDX) - (3026) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 21 multi-year high at 3036.71 and daily risky level at 3053.

Dow Transports - (6519) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 21 all time high at 6560.41 and daily risky level at 6610.

Russell 2000 - (998.76) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with the May 20 all time high at 1001.50 and daily risky level at 1011.64.

The SOX- (469.03) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 471.59. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(515.49) Monthly and semiannual value levels are 509.53 and 474.63 with daily and quarterly pivots at 515.64 and 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy New all time highs were set on Tuesday for Dow Industrials S P 500 and Dow Transports but not on the Russell 2000. The Nasdaq set a new multi-year high at 3512.15 versus my semiannual risky level at 3583. The Russell 2000 Crossed Above 1000 As Momentum Continues. http://seekingalpha.com/instablog/992-richard-suttmeier/1876201-the-russell-2000-crossed-above-1000-as-momentum-continues?source=feed 1876201 10-Year Note - (1.965) Annual, daily and semiannual value levels are 1.981, 2.079, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1393.9) Daily and weekly value levels are $1345.9 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.67) Daily, weekly, monthly and quarterly value levels are $94.53, $93.99, $88.34 and $79.66 with my annual risky level at $115.23.

The Euro - (1.2884) Semiannual, daily and quarterly value levels are 1.2797, 1.2688 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

The Russell 2000 crossed 1000 as the Nasdaq moves up towards its semiannual risky level at 3583. All major averages set new all time highs or a multi-year high for the Nasdaq on Monday. Technical momentum continues to trump the ValuEngine Valuation Warning which continues to intensify.

Daily Dow:(15,335) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily pivot at 15,349 and the May 20 all time high at 15,391.84.

S&P 500 - (1666.3) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily pivot at 1668.2 and the May 20 all time high at 1672.84.

NASDAQ - (3496) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 20 multi-year high at 3509.41, and daily and semiannual risky levels at 3515 and 3583.

NASDAQ 100 (NDX) - (3021) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 20 multi-year high at 3032.86 and daily risky level at 3030.

Dow Transports - (6511) Daily, weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6496, 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 20 all time high at 6558.41.

Russell 2000 - (997.98) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a daily pivot at 1000.10, and the May 20 all time high at 1001.50.

The SOX- (469.12) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 472.39. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(514.70) Monthly, daily and semiannual value levels are 509.53, 507.27 and 474.63 with my quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Mon, 20 May 2013 17:12:23 -0400 10-Year Note - (1.965) Annual, daily and semiannual value levels are 1.981, 2.079, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1393.9) Daily and weekly value levels are $1345.9 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.67) Daily, weekly, monthly and quarterly value levels are $94.53, $93.99, $88.34 and $79.66 with my annual risky level at $115.23.

The Euro - (1.2884) Semiannual, daily and quarterly value levels are 1.2797, 1.2688 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597.

The Russell 2000 crossed 1000 as the Nasdaq moves up towards its semiannual risky level at 3583. All major averages set new all time highs or a multi-year high for the Nasdaq on Monday. Technical momentum continues to trump the ValuEngine Valuation Warning which continues to intensify.

Daily Dow:(15,335) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily pivot at 15,349 and the May 20 all time high at 15,391.84.

S&P 500 - (1666.3) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily pivot at 1668.2 and the May 20 all time high at 1672.84.

NASDAQ - (3496) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 20 multi-year high at 3509.41, and daily and semiannual risky levels at 3515 and 3583.

NASDAQ 100 (NDX) - (3021) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 20 multi-year high at 3032.86 and daily risky level at 3030.

Dow Transports - (6511) Daily, weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6496, 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 20 all time high at 6558.41.

Russell 2000 - (997.98) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a daily pivot at 1000.10, and the May 20 all time high at 1001.50.

The SOX- (469.12) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 472.39. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(514.70) Monthly, daily and semiannual value levels are 509.53, 507.27 and 474.63 with my quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy The Russell 2000 crossed 1000 as the Nasdaq moves up towards its semiannual risky level at 3583. All major averages set new all time highs or a multi-year high for the Nasdaq on Monday. The Nasdaq Is Just 2.4% Below My Semiannual Risky Level At 3583. http://seekingalpha.com/instablog/992-richard-suttmeier/1872041-the-nasdaq-is-just-2-4-below-my-semiannual-risky-level-at-3583?source=feed 1872041 10-Year Note - (1.946) Annual, daily and semiannual value levels are 1.981, 2.011, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1364.7) My weekly value level is 1318.1 with a daily pivot at $1378.4, and monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.02) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.46, and annual risky level at $115.23.

The Euro - (1.2835) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2811 and 1.2951, and annual and monthly risky levels at 1.3257 and 1.3597.

New highs continue for the major equity averages, and the Nasdaq ended last week just 2.4% below its semiannual risky level at 3583. The other major averages are well above their semiannual levels at 14,323 Dow Industrials, 1566.9 S&P 500, 5955 Dow Transports and 965.51 Russell 2000. This reflects how overbought stocks have become. As stocks move higher they become more overvalued and more overbought, particularly given the rise in the 30-Year US bond yield to 3.17% from 3.10% a week ago. The ValuEngine Valuation Warning intensified with 71.7% of all stocks overvalued and with 33.9% overvalued by 20% or more. There are no signs of a market top as equity bubbles continue to inflate.

Daily Dow:(15,354) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily pivot at 15,351 and the May 17 all time high at 15,357.40.

S&P 500 - (1667.5) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily pivot at 1667.7 and the May 17 all time high at 1667.47.

NASDAQ - (3499) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 17 multi-year high at 3499.20, and daily and semiannual risky levels at 3513 and 3583.

NASDAQ 100 (NDX) - (3029) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 17 multi-year high at 3026.25 and daily risky level at 3036.

Dow Transports - (6549) Daily, weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6496, 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 17 all time high at 6549.73.

Russell 2000 - (996.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a daily pivot at 996.18, and the May 15 all time high at 996.47.

The SOX- (470.63) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 476.43. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(516.70) Monthly, daily and semiannual value levels are 509.53, 502.72 and 474.63 with my quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Sun, 19 May 2013 10:29:11 -0400 10-Year Note - (1.946) Annual, daily and semiannual value levels are 1.981, 2.011, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.677 and 1.413.

Comex Gold - ($1364.7) My weekly value level is 1318.1 with a daily pivot at $1378.4, and monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

Nymex Crude Oil - ($96.02) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.46, and annual risky level at $115.23.

The Euro - (1.2835) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2811 and 1.2951, and annual and monthly risky levels at 1.3257 and 1.3597.

New highs continue for the major equity averages, and the Nasdaq ended last week just 2.4% below its semiannual risky level at 3583. The other major averages are well above their semiannual levels at 14,323 Dow Industrials, 1566.9 S&P 500, 5955 Dow Transports and 965.51 Russell 2000. This reflects how overbought stocks have become. As stocks move higher they become more overvalued and more overbought, particularly given the rise in the 30-Year US bond yield to 3.17% from 3.10% a week ago. The ValuEngine Valuation Warning intensified with 71.7% of all stocks overvalued and with 33.9% overvalued by 20% or more. There are no signs of a market top as equity bubbles continue to inflate.

Daily Dow:(15,354) Weekly, monthly, semiannual, quarterly and annual value levels are 15,281, 14,651, 14,323, 13,755 and 12,696 with a daily pivot at 15,351 and the May 17 all time high at 15,357.40.

S&P 500 - (1667.5) Weekly, monthly, semiannual, quarterly and annual value levels are 1650.2, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily pivot at 1667.7 and the May 17 all time high at 1667.47.

NASDAQ - (3499) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with the May 17 multi-year high at 3499.20, and daily and semiannual risky levels at 3513 and 3583.

NASDAQ 100 (NDX) - (3029) Weekly, quarterly, monthly and annual value levels are 2988, 2819, 2750 and 2463 with the May 17 multi-year high at 3026.25 and daily risky level at 3036.

Dow Transports - (6549) Daily, weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6496, 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with the May 17 all time high at 6549.73.

Russell 2000 - (996.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a daily pivot at 996.18, and the May 15 all time high at 996.47.

The SOX- (470.63) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 476.43. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(516.70) Monthly, daily and semiannual value levels are 509.53, 502.72 and 474.63 with my quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy There are no signs of a market top as equity bubbles continue to inflate. Stocks Remain Significantly Overvalued And Overbought. http://seekingalpha.com/instablog/992-richard-suttmeier/1866451-stocks-remain-significantly-overvalued-and-overbought?source=feed 1866451 10-Year Note - (1.872) Daily, annual and semiannual value levels are 1.976, 1.981, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.581 and 1.413.

Comex Gold - ($1384.9) The April 16 low is $1321.5 with daily and weekly pivots at $1384.4 and $1405.9, and monthly, annual, semiannual, quarterly / annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 / $1852.1.

Nymex Crude Oil - ($95.00) Monthly and quarterly value levels are $88.34 and $79.66 with daily and weekly pivots at $94.79 and $93.82, and annual risky level at $115.23.

The Euro - (1.2884) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2879 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.

Weekly closes above 965.51 on Russell 2000 targets 3583 on the NASDAQ. My annual value levels are 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

Daily Dow:(15,233) Weekly, monthly, semiannual, quarterly and annual value levels are 15,040, 14,651, 14,323, 13,755 and 12,696 with a daily risky level at 15,345 and the May 16 all time high at 15,302.49.

S&P 500 - (1650.5) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1663.1 and the May 15 all time high at 1661.49.

NASDAQ - (3465) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 16 multi-year high at 3485.95, and daily and semiannual risky levels at 3487 and 3583.

NASDAQ 100 (NDX) - (2999) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 16 multi-year high at 3019.04 and daily risky level at 3010.

Dow Transports - (6468) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 15 all time high at 6531.93 and daily risky level at 6544.

Russell 2000 - (985.34) Weekly, annual and quarterly value levels are 941.06, 860.25, 809.54 and 807.82 with monthly and annual pivots at 962.82 and 965.51, the May 15 all time high at 991.55 and daily risky level at 995.45.

The SOX- (464.28) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 471.39. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(511.87) Monthly, daily and semiannual value levels are 509.53, 508.30 and 474.63 with my quarterly pivot at 524.16, and weekly and annual risky levels at 540.51 and 540.37.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> Thu, 16 May 2013 17:33:01 -0400 10-Year Note - (1.872) Daily, annual and semiannual value levels are 1.976, 1.981, 2.476 and 3.063 with a monthly pivot at 1.945, and weekly and semiannual risky levels at 1.581 and 1.413.

Comex Gold - ($1384.9) The April 16 low is $1321.5 with daily and weekly pivots at $1384.4 and $1405.9, and monthly, annual, semiannual, quarterly / annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 / $1852.1.

Nymex Crude Oil - ($95.00) Monthly and quarterly value levels are $88.34 and $79.66 with daily and weekly pivots at $94.79 and $93.82, and annual risky level at $115.23.

The Euro - (1.2884) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2879 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.

Weekly closes above 965.51 on Russell 2000 targets 3583 on the NASDAQ. My annual value levels are 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

Daily Dow:(15,233) Weekly, monthly, semiannual, quarterly and annual value levels are 15,040, 14,651, 14,323, 13,755 and 12,696 with a daily risky level at 15,345 and the May 16 all time high at 15,302.49.

S&P 500 - (1650.5) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1663.1 and the May 15 all time high at 1661.49.

NASDAQ - (3465) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 16 multi-year high at 3485.95, and daily and semiannual risky levels at 3487 and 3583.

NASDAQ 100 (NDX) - (2999) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 16 multi-year high at 3019.04 and daily risky level at 3010.

Dow Transports - (6468) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 15 all time high at 6531.93 and daily risky level at 6544.

Russell 2000 - (985.34) Weekly, annual and quarterly value levels are 941.06, 860.25, 809.54 and 807.82 with monthly and annual pivots at 962.82 and 965.51, the May 15 all time high at 991.55 and daily risky level at 995.45.

The SOX- (464.28) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 471.39. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

Dow Utilities:(511.87) Monthly, daily and semiannual value levels are 509.53, 508.30 and 474.63 with my quarterly pivot at 524.16, and weekly and annual risky levels at 540.51 and 540.37.

VE Morning Briefing - If you want expanded analysis of the US Capital Markets go to this link and sign up: http://www.valuengine.com/nl/mainnl?nl=D

]]> tlt gld xle dia qqq spy Weekly closes above 965.51 on Russell 2000 targets 3583 on the NASDAQ. My annual value levels are 12 696 Dow Industrials 1348.3 S P 500 2806 NASDAQ 5469 Dow Transports and 809.54 Russell 2000.