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...
  • Upside Above Dow 14K Is Limited By Risky Levels!  0 comments
    Feb 2, 2013 12:16 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (2.012) Daily, weekly, annual and semiannual value levels are 2.070, 2.102, 2.476 and 3.063 with my annual pivot at 1.981, and monthly and semiannual risky levels at 1.843 and 1.413.

    Comex Gold - ($1667.6) Daily, weekly and annual value levels are $1642.5, $1630.1 and $1599.9 with semiannual, monthly, quarterly and annual and semiannual risky levels at $1719.2, $1793.7, $1802.9 and $1852.1.

    Nymex Crude Oil - ($97.63) Monthly and quarterly pivots are $96.21 and $95.84 with a daily pivot at $97.63, and weekly, annual and semiannual risky levels at $100.60, $115.23, $115.42 and $130.42.

    The Euro - (1.3649) Monthly, quarterly, annual and semiannual value levels are 1.3570, 1.3334, 1.3257 and 1.2797 with daily, weekly and annual risky levels at 1.3690, 1.3747 and 1.4295.

    Strength in the Dow Industrials will fail against my monthly / semiannual risky levels at 14,132 / 14,323. Other monthly and semiannual risky levels are 1542.9 / 1566.9 S&P 500, and 3250 / 3583 NASDAQ. Annual and semiannual risky levels are 5925 / 5955 Dow Transports. My monthly pivot and semiannual risk level are 911.32 / 965.51 on the Russell 2000. The downside is to my quarterly pivots at 13,668 Dow Industrials, 1431.1 S&P 500 and 3071 NASDAQ. Other downside targets are my annual pivot at 5469 on Dow Transports, and my annual pivot at 860.25 on the Russell 2000. The downside is 2013 is to my annual value levels at 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ and 809.54 Russell 2000.

    Daily Dow:(14,010) Quarterly and annual value levels are 13,668, 12,696 and 12,509 with a weekly pivot at 13,901, and daily, monthly and semiannual risky levels at 14,094, 14,132 and 14,323.

    S&P 500 - (1513.2) Quarterly and annual value levels are 1431.1 and 1348.3 with daily and weekly pivots at 1513.5 and 1515.3 with monthly and semiannual risky levels at 1542.9 and 1566.9.

    NASDAQ - (3179) Quarterly and annual value levels are 3071, 2806 and 2790 with a daily pivot at 3164, and weekly, monthly and semiannual risky levels at 3205, 3250 and 3583.

    NASDAQ 100 (NDX) - (2764) Daily and annual value levels are 2744, 2463 and 2385 with weekly, quarterly and monthly risky levels at 2777, 2798 and 2871. My semiannual risky level is 3196.

    Dow Transports - (5857) Annual, monthly and quarterly value levels are 5469, 5440 and 5094 with daily, annual, semiannual and weekly risky levels at 5918, 5925, 5955 and 6013.

    Russell 2000 - (911.19) Annual, quarterly and annual value levels are 860.25, 821.01 / 809.54 with daily and monthly pivots at 909.10 / 911.32, and weekly / semiannual risky levels at 929.75 / 965.51.

    The SOX- (420.55) Monthly, quarterly and annual value levels are 409.08, 371.62 / 338.03 with daily and weekly pivots at 420.83 / 423.03, and quarterly and semiannual risky levels at 440.36 / 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

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.