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Richard Suttmeier
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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... More
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  • The S&P 500 Is Below Its 200-Day SMA At 1381.7. 0 comments
    Nov 8, 2012 7:09 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.615) Weekly, semiannual, quarterly and annual value levels are 1.803, 1.853, 2.109 and 2.502 with daily, monthly and semiannual risky levels at 1.548, 1.452 and 1.389.

    Comex Gold - ($1732.2) Semiannual, monthly and annual value levels are $1643.3, $1639.8 and $1575.8 with daily and semiannual pivots at $1711.1 and $1702.5, and weekly and quarterly risky levels at $1739.7 and $1881.4.

    Nymex Crude Oil - ($85.00) Monthly and semiannual value levels are $76.96 and $76.71 with daily and weekly pivots at $85.60 and $84.04, and my annual risky level at $103.58.

    The Euro - (1.2747) My monthly value level is 1.2289 with daily and semiannual pivots at 1.2735 and 1.2917, and quarterly, weekly and annual risky levels at 1.3048, 1.3091 and 1.4239.

    The major equity averages are below their 200-day SMAs at; 12,993 Dow Industrials, 1381.7 S&P 500, 2985 NASDAQ, 5132 Dow Transports, and 807.47 Russell 2000. Key monthly and weekly levels are 13,143 / 13,401 Dow Industrials, 1418.7 / 1435.3 S&P 500, 3001 / 3028 NASDAQ, 5053 / 5031 Dow Transports, and 807.15 / 812.45 / 836.15 Russell 2000. Annual value levels are 12,312 Dow Industrials, 1363.2 S&P 500, and 2698 NASDAQ. Weekly closes above or below five-week modified moving averages are key; 13,265 Dow Industrials, 1425.7 S&P 500, 3042 Nasdaq, 5063 Dow Transports, and 823.60 Russell 2000.

    Daily Dow:(12,811) Annual and semiannual value levels are 12,312 and 10,738 with daily, monthly, weekly and annual and quarterly risky levels at 12,995, 13,143, 13,401, 14,032 and 14,192.

    S&P 500 - (1377.5) Annual and semiannual value levels are 1363.2 and 1059.7 with daily, monthly, weekly, quarterly and annual risky levels at 1400.6, 1418.7, 1435.3, 1513.3 and 1562.9.

    NASDAQ - (2896) Annual and semiannual value levels are 2698 and 2527 with daily, weekly, annual and semiannual value levels are 2949, 3001, 3028, 3232 and 3295.

    Dow Transports - (5054) Monthly, weekly, and semiannual value levels are 5053, 5031, 4449 and 4129 with daily, quarterly and annual risky levels at 5177, 5541 and 5861.

    Russell 2000 - (793.65) My semiannual value level is 686.25 with monthly, daily, weekly, and annual risky levels at 807.15, 807.89, 821.45 and 836.15.

    The SOX- (368.80) Weekly, monthly and semiannual value levels are 356.73, 354.06 and 326.30 with daily and quarterly risky levels at 380.96 and 439.97.

    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

    Themes: The major equity averages are below their 200-day SMAs at; 12, 993 Dow Industrials, 1381.7 S P 500, 2985 NASDAQ, 5132 Dow Transports, and 807.47 Russell 2000. Stocks: TLT, GLD, XLE, DIA, QQQ, SPY
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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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