Seeking Alpha

Richard Suttmeier's  Instablog

Richard Suttmeier
Send Message
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
My company:
ValuEngine
My blog:
valuengine.com/ve/ma...
  • Stocks Stayed Above Key Levels On Tuesday. 0 comments
    Nov 20, 2012 5:27 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.661) Semiannual, quarterly and annual value levels are 1.853, 2.109 and 2.502 with weekly, daily, monthly and semiannual risky levels at 1.586, 1.583, 1.452 and 1.389.

    Comex Gold - ($1728.00) Daily, semiannual, weekly, monthly and annual value levels are $1717.6, $1702.5, $1687.7, $1643.3, $1639.8 and $1575.8 with quarterly risky levels at $1844.9 and $1881.4.

    Nymex Crude Oil - ($87.14) Weekly, monthly and semiannual value levels are $83.34, $76.96 and $76.71 with a daily pivot at $88.06, and annual and quarterly risky levels at $103.58 and $107.63.

    The Euro - (1.2817) Daily, weekly and monthly value levels are 1.2768, 1.2753 and 1.2289 with semiannual, quarterly, and annual risky levels at 1.2917, 1.3048, and 1.4239.

    The S&P 500 ended Tuesday still its annual pivot at 1363.2 and its 200-day simple moving average at 1382.7. The other major averages remain below their 200-day SMAs at; 12,992 Dow Industrials, 2985 NASDAQ, 5122 Dow Transports and 806.53 on Russell 2000. The Russell 2000 traded fractionally higher on Tuesday continuing its key reversal process, which requires a higher close today to confirm. This week's pivots / value levels are; 12,623 Dow Industrials, 1359.6 S&P 500, 2794 NASDAQ, 5096 Dow Transports and 766.63 Russell 2000. Monthly risky levels are; 13,143 Dow Industrials, 1418.7 S&P 500, 3028 NASDAQ, 5053 Dow Transports, and 807.15 Russell 2000. Annual value levels are 12,312 Dow Industrials and 2698 NASDAQ with my annual pivot at 1363.2 S&P 500, and my annual risky level at 836.15 Russell 2000.

    Daily Dow:(12,789) Daily, weekly annual and semiannual value levels are 12,625, 12,623, 12,312 and 10,738 with monthly and annual and quarterly risky levels at 13,143, 14,032 and 14,192.

    S&P 500 - (1387.8) Daily, annual, weekly and semiannual value levels are 1370.4, 1363.2, 1359.6 and 1059.7 with monthly, quarterly and annual risky levels at 1418.7, 1513.3 and 1562.9.

    NASDAQ - (2917) Daily, weekly, annual and semiannual value levels are 2878, 2794, 2698 and 2527 with annual and semiannual value levels are 3028, 3232 and 3295.

    Dow Transports - (4983) Daily and semiannual value levels are 4904, 4449 and 4129 with monthly, weekly, quarterly and annual risky levels at 5053, 5096, 5541 and 5861. T

    Russell 2000 - (793.81) Daily, weekly and semiannual value levels are 779.15, 766.63 and 686.25 with monthly and annual risky levels at 807.70 and 836.15.

    The SOX- (361.81) Daily, monthly, weekly, and semiannual value levels are 356.98, 354.06, 342.27 and 326.30 with quarterly risky level at 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

Back To Richard Suttmeier's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.