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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 Major Equity Averages Straddle Five-Week MMAs. 0 comments
    Nov 26, 2012 10:04 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.666) Weekly, semiannual, quarterly and annual value levels are 1.749, 1.853, 2.109 and 2.502 with a daily pivot at 1.685, and monthly and semiannual risky levels at 1.452 and 1.389.

    Comex Gold - ($1749.0) Semiannual, weekly and monthly value levels are $1702.5, $1692.1, $1643.3 and $1639.8 with a daily pivot at $1739.8, and quarterly risky levels at $1844.9 and $1881.4.

    Nymex Crude Oil - ($87.79) Weekly, monthly and semiannual value levels are $83.93, $76.96 and $76.71 with daily, annual and quarterly risky levels at $89.52, $103.58 and $107.63.

    The Euro - (1.2968) My monthly value level is 1.2289 with semiannual, daily and weekly pivots at 1.2917, 1.2990 and 1.2967, and quarterly, and annual risky levels at 1.3048, and 1.4239.

    Friday's closes straddled five-week modified moving averages at; 13,050 Dow Industrials, 1406.2 S&P 500, 2979 NASDAQ, 5027 Dow Transports and 809.11 Russell 2000. This week's value levels are; 12,764 Dow Industrials, 1383.1 S&P 500, 2850 NASDAQ and 784.85 Russell 2000 with this week's risky level at 5185 Dow Transports. Monthly risky levels are; 13,143 Dow Industrials, 1418.7 S&P 500, and 3028 NASDAQ, with monthly pivots at 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:(12,967) Daily, weekly, annual and semiannual value levels are 12,814, 12,764, 12,312 and 10,738 with monthly and annual and quarterly risky levels at 13,143, 14,032 and 14,192.

    S&P 500 - (1406.3) Daily, weekly, annual and semiannual value levels are 1393.5, 1383.1, 1281.6, 1363.2, and 1059.7 with monthly, quarterly and annual risky levels at 1418.7, 1513.3 and 1562.9.

    NASDAQ - (2977) Daily, weekly, annual and semiannual value levels are 2942, 2850, 2698 and 2527 with annual and semiannual value levels are 3028, 3232 and 3295.

    Dow Transports - (5084) Daily and semiannual value levels are 4926, 4449 and 4129 with a monthly pivot at 5053, and weekly, quarterly and annual risky levels at 5185, 5541 and 5861.

    Russell 2000 - (809.02) Daily, weekly and semiannual value levels are 795.34, 766.63 and 686.25 with a monthly pivot at 807.70 and annual risky level at 836.15.

    The SOX- (370.63) Daily, weekly, monthly and semiannual value levels are 360.42, 355.17, 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

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