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Posts by Themes
The Dow Industrial Average is below weekly and quarterly pivots at 12,
000,
000 Predictions,
003 Dow Industrials,
033 shifts the weekly chart to negative with my quarterly pivot at 12,
104 and 802.51 with weekly risky levels at 1406.6 SPX,
104 and the Russell 2000 closed above its weekly pivot at 802.51. Weekly risky levels remain at 1406.6 SPX,
104 Dow Industrials,
1375.7 SPX,
1376.3 SPX,
1376.4 SPX,
1397.0 S P 500,
1406.6 SPX,
200-day SMA,
2011,
210 and May’s risky level at 13,
210. ,
2999 NASDAQ,
3002 NASDAQ,
3041 NASDAQ,
3097 NASDAQ,
3097 NASDAQ and 5326 Dow Transports.,
3097 NASDAQ and 5326 Dow Transports. ,
312. A weekly close below my annual pivot at 1363.2 is negative. ,
312. The S P 500 is below my annual pivot at 1363.2 with my quarterly pivot at 1337.7.,
338.66 shy of May’s risky level at 13,
354 Dow Industrials,
354 with this week’s pivot at 13,
354.,
354. The S P 500 is between my monthly pivot at 1397.0 and weekly risky level at 1415.8. ,
491,
491 and S P 500 1210.7,
5000 stocks in SPX,
507,
5228 Dow Transports and 812.71 Russell 2000. ,
5229 Dow Transports and 811.00 Russell 2000. This keeps the Bull versus Bear Debate alive and kicking. ,
5232 Dow Transports,
5326 Dow Transports and 802.51. ,
5385 Dow Transports and 813.56 Russell 2000. ,
692 and 12,
775 for the Dow Industrial Average,
794 and 12,
794 and annual value level at 12,
794 and my monthly risky level at 13,
794 with my annual value level at 1,
798 with my annual value level at 12,
944 Indicates Risk To 11,
964 Dow Industrials,
977,
978 Dow Industrials,
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New Highs Make Stocks More Overvalued And More Overbought.
10-Year Note - (1.945) Daily, annual and semiannual value levels are 1.994, 2.476 and 3.063 with annual and monthly pivots at 1.981 and 1.945, and weekly and semiannual risky levels at 1.581 and 1.413.
Comex Gold - ($1391.5) The April 16 low is $1321.5 with daily / weekly pivots at $1404.3 / $1405.9, and monthly, annual, semiannual, quarterly / annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 / $1852.1.
Nymex Crude Oil - ($94.35) Monthly and quarterly value levels are $88.34 and $79.66 with a weekly pivot at $93.82, and daily and annual risky levels at $95.00 and $115.23.
The Euro - (1.2877) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2880 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.
ValuEngine shows that 70.9% of all stocks are overvalued, 32.4% by 20% or more. At the same time the weekly charts for the major averages are becoming more overbought. 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:(15,276) 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 15,290 and the May 15 all time high at 15,301.34.
S&P 500 - (1658.8) 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 1660.7 and the May 15 all time high at 1661.49.
NASDAQ - (3472) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 15 multi-year high at 3475.48, and daily and semiannual risky levels at 3487 and 3583.
NASDAQ 100 (NDX) - (3003) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 14 multi-year high at 3005.02 and daily risky level at 3011.
Dow Transports - (6520) 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 6597.
Russell 2000 - (988.54) Weekly, annual / quarterly value levels are 941.06, 860.25, 809.54 / 807.82 with monthly / annual pivots at 962.82 and 965.51, the May 15 all time high at 991.55 and daily risky level at 995.86.
The SOX- (467.82) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 472.32. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(516.29) Monthly, daily and semiannual value levels are 509.53, 504.25 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
Focus Is On My Semiannual Risky Level At 3583 On The NASDAQ.
10-Year Note - (1.977) Daily, annual and semiannual value levels are 2.072, 2.476 and 3.063 with annual and monthly pivots at 1.981 and 1.945, and weekly and semiannual risky levels at 1.581 and 1.413.
Comex Gold - ($1424.5) My weekly value level is $1405.9 with daily, monthly, annual, semiannual, quarterly and annual risky levels at $1431.5, $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.
Nymex Crude Oil - ($94.22) Weekly, monthly and quarterly value levels are $93.82, $88.34 and $79.66 with daily and annual risky levels at $96.78 and $115.23.
The Euro - (1.2930) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2995 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.
New all time highs for Dow Industrials, S&P 500, Dow Transports and Russell 2000 sets the stage for NASDAQ 3583. My semiannual pivots are 1566.9 S&P 500, 5955 Dow Transports and 965.51 Russell 2000 with my semiannual value level at 14,323 on Dow Industrials, and semiannual risky level at 3583 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:(15,215) Weekly, monthly, semiannual, quarterly and annual value levels are 15,040, 14,651, 14,323, 13,755 and 12,696 with the May 14 all time high at 15,219.55 and daily risky level at 15,352.
S&P 500 - (1650.3) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 14 all time high at 1651.10 and daily risky level at 1665.8.
NASDAQ - (3463) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 14 multi-year high at 3468.67, and daily and semiannual risky levels at 3502 and 3583.
NASDAQ 100 (NDX) - (2996) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 14 multi-year high at 3005.02 and daily risky level at 3031.
Dow Transports - (6466) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 14 all time high at 6466.71 and daily risky level at 6643.
Russell 2000 - (985.96) Weekly, annual / quarterly value levels are 941.06, 860.25, 809.54 / 807.82 with monthly / annual pivots at 962.82 / 965.51, the May 14 all time high at 985.96 and daily risky level at 1002.28.
The SOX- (463.33) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 471.60. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(512.83) Monthly, daily and semiannual value levels are 509.53, 504.73 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
More New Highs But Not On Transports Or Industrials.
10-Year Note - (1.922) Monthly, daily, annual and semiannual value levels are 1.945, 1.967, 1.981, 2.476 and 3.063 with weekly and semiannual risky levels at 1.581 and 1.413.
Comex Gold - ($1429.7) My weekly value level is $1405.9 with daily, monthly, annual, semiannual, quarterly and annual risky levels at $1453.0, $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.
Nymex Crude Oil - ($95.01) Weekly, monthly and quarterly value levels are $93.82, $88.34 and $79.66 with daily and annual risky levels at $99.94 and $115.23.
The Euro - (1.2968) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2910 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.
The S&P 500, NASDAQ and Russell 2000 eked out new highs for the move on Monday, but not Dow Industrials or Dow Transports. My last semiannual risky level remains 3583 on the NASDAQ. My semiannual pivots are 1566.9 S&P 500 and 5955 Dow Transports. My semiannual value level is 14,323 on Dow Industrials. My prediction remains that the major equity averages will test my annual value levels at some point in 2013 at; 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.
Daily Dow:(15,092) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,040, the May 9 all time high at 15,144.83 and daily risky level at 15,370.
S&P 500 - (1633.8) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 13 all time high at 1636.0 and daily risky level at 1665.3.
NASDAQ - (3439) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 13 multi-year high at 3447.10, and daily and semiannual risky levels at 3511 and 3583.
NASDAQ 100 (NDX) - (2982) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 13 multi-year high at 2989.70 and daily risky level at 3046.
Dow Transports - (6344) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 9 all time high at 6417.38 and daily risky level at 6592.
Russell 2000 - (973.79) Weekly, annual / quarterly value levels are 941.06, 860.25, 809.54 / 807.82 with monthly / annual pivots at 962.82 / 965.51, the May 13 all time high at 976.22 and daily risky level at 1004.97.
The SOX- (461.28) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 473.58. My semiannual risky level is 520.17 with the July 2007 high at 549.39.
Dow Utilities:(510.41) Monthly, daily and semiannual value levels are 509.53, 507.00 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