Richard Suttmeier's  Instablog

Richard Suttmeier
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I am the Founder & CEO at Global Market Consultants, Ltd. I consider myself as a Financial Engineer with an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. In 1972 I began my career in the financial services industry trading U.S. Treasury securities in the... More
My company:
Global Market Consultants
My blog:
valuengine.com/ve/ma...
  • Another New All Time Closing High For Dow Transports.  0 comments
    Feb 13, 2013 6:55 PM | about stocks: TLT, GLD, XLE, DIA, QQQ

    10-Year Note - (2.024) Weekly, annual and semiannual value levels are 2.062, 2.476 and 3.063 with my annual pivot at 1.981, and daily, monthly and semiannual risky levels at 1.952, 1.843 and 1.413.

    Comex Gold - ($1643.1) Weekly and annual value levels are $1632.9 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 - ($97.19) Daily, monthly and quarterly pivots are $95.72, $96.21 and $95.84 with weekly, annual and semiannual risky levels at $101.44, $115.23, $115.42 and $130.42.

    The Euro - (1.3445) Daily, quarterly, annual and semiannual value levels are 1.3262, 1.3334, 1.3257 and 1.2797 with monthly, weekly and annual risky levels at 1.3570, 1.3498 and 1.4295.

    The Dow Transportation Average is between my annual pivot at 5925 and my semiannual risky level at 5955 after setting a new closing high at 5929.22 on Wednesday. The Russell 2000 is above my monthly pivot at 911.32. Other risky levels; weekly, monthly and semiannual risky levels are; 14,108, 14,132 and 14,323 Dow Industrials, 1544.0, 1542.9 and 1566.9 S&P 500, 3264, 3250 and 3583 NASDAQ, and 948.81 and 965.51 Russell 2000. The downside during the first quarter 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. Sometime during the year the downside 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:(13,983) Daily, quarterly and annual value levels are 13,932, 13,668, 12,696 and 12,509 with weekly, monthly and semiannual risky levels at 14,108, 14,132 and 14,323.

    S&P 500 - (1520.3) Daily, quarterly and annual value levels are 1514.3, 1431.1 and 1348.3 with weekly, monthly and semiannual risky levels at 1544.0, 1542.9 and 1566.9.

    NASDAQ - (3197) Daily, quarterly and annual value levels are 3177, 3071, 2806 and 2790 with weekly, monthly and semiannual risky levels at 3264, 3250 and 3583.

    NASDAQ 100 (NDX) - (2774) Daily and annual value levels are 2752, 2463 and 2385 with weekly, quarterly and monthly risky levels at 2825, 2798 and 2871. My semiannual risky level is 3196.

    Dow Transports - (5929) Annual, monthly and quarterly value levels are 5469, 5440 and 5094 with annual and daily pivots at 5925 and 5932, and semiannual and weekly risky levels at 5955 and 6127.

    Russell 2000 - (920.58) Daily, monthly, annual, quarterly and annual value levels are 913.76, 911.32, 860.25, 821.01 and 809.54 with weekly and semiannual risky levels at 948.81 and 965.51.

    The SOX- (427.48) Monthly, quarterly and annual value levels are 409.08, 371.62 and 338.03 with a daily pivot at 425.45, and weekly, quarterly and semiannual risky levels at 432.14, 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

    Stocks: TLT, GLD, XLE, DIA, QQQ
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