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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 Dow Industrial Average Knocks On The Door Of 14,000. 0 comments
    Jan 29, 2013 5:33 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.992) Weekly and semiannual value levels are 2.015, 2.476 and 3.063 with daily and annual pivots at 1.984 and 1.981, and semiannual and monthly risky levels at 1.413 and 1.349.

    Comex Gold - ($1662.7) Weekly and annual value levels are $1627.4 and $1599.9 with my monthly pivot at $1673.8, and semiannual, quarterly and annual risky levels at $1719.2, $1802.9 and $1852.1.

    Nymex Crude Oil - ($97.53) My weekly value level is $94.82 with my quarterly pivot at $95.84, and daily, annual and semiannual risky levels at $98.32, $115.23, $115.42 and $130.42.

    The Euro - (1.3490) Annual and semiannual value levels are 1.3257 and 1.2797 with quarterly and weekly pivots at 1.3334 and 1.3466, and daily and annual risky levels at 1.3509 and 1.4295.

    Dow Industrials appear poised for a test of 14,000 with its all time closing high at 14,164.53 set on Oct 9, 2007. Quarterly and annual risky levels are; 14,118 / 14,323 Dow Industrials, 1510.8 / 1566.9 S&P 500, 3274 / 3583 NASDAQ and 913.92 / 965.51 Russell 2000. Annual and semiannual risky levels are 5925 / 5955 Dow Transports. This week's pivots are; 13,815 Dow Industrials, 1493.7 S&P 500, 3121 NASDAQ, 5863 Dow Transports and 909.02 Russell 2000.

    Daily Dow:(13,954) Weekly, quarterly, monthly and annual value levels are 13,815, 13,668, 12,818, 12,696 and 12,509 with daily, quarterly and semiannual risky levels at 14,100, 14,118 and 14,323.

    S&P 500 - (1507.8) Weekly, quarterly, monthly and annual value levels are 1493.7, 1431.1, 1397.6 and 1348.3 with daily, quarterly and semiannual risky levels at 1520.2, 1510.0 and 1566.9.

    NASDAQ - (3154) Weekly, quarterly, monthly and annual value levels are 3121, 3071, 2934, 2806 and 2790 with daily, quarterly and semiannual risky levels at 3173, 3274 and 3583.

    NASDAQ 100 (NDX) - (2744) Weekly, monthly and annual value levels are 2706, 2610, 2463 and 2385 with daily and quarterly risky levels at 2752, 2798 and 2920.

    Dow Transports - (5875) Annual, quarterly and monthly value levels are 5469, 5094 and 5012 with a weekly pivot at 5863, and daily, annual and semiannual risky levels at 5966, 5925 and 5955.

    Russell 2000 - (907.31) Annual, quarterly, monthly and annual value levels are 860.25, 821.01, 813.37 and 809.54 with daily, weekly, quarterly and semiannual risky levels at 919.0, 909.02, 913.92 and 965.51.

    The SOX- (413.28) Quarterly, monthly and annual value levels are 371.62, 347.83 and 338.03 with weekly, daily, quarterly and semiannual risky levels at 421.11, 422.39, 440.36 and 520.17.

    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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