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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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  • Focus Is On My Semiannual Risky Level At 3583 On The NASDAQ. 0 comments
    May 14, 2013 7:47 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (1.977) Daily, annual and semiannual value levels are 2.072, 2.476 and 3.063 with annual and monthly pivots at 1.981 and 1.945, and weekly and semiannual risky levels at 1.581 and 1.413.

    Comex Gold - ($1424.5) My weekly value level is $1405.9 with daily, monthly, annual, semiannual, quarterly and annual risky levels at $1431.5, $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1.

    Nymex Crude Oil - ($94.22) Weekly, monthly and quarterly value levels are $93.82, $88.34 and $79.66 with daily and annual risky levels at $96.78 and $115.23.

    The Euro - (1.2930) Semiannual and quarterly value levels are 1.2797 and 1.2169 with daily and weekly pivots at 1.2995 and 1.2962, and annual and monthly risky levels at 1.3257 and 1.3597.

    New all time highs for Dow Industrials, S&P 500, Dow Transports and Russell 2000 sets the stage for NASDAQ 3583. My semiannual pivots are 1566.9 S&P 500, 5955 Dow Transports and 965.51 Russell 2000 with my semiannual value level at 14,323 on Dow Industrials, and semiannual risky level at 3583 NASDAQ. My annual value levels are 12,696 Dow Industrials, 1348.3 S&P 500, 2806 NASDAQ, 5469 Dow Transports and 809.54 Russell 2000.

    Daily Dow:(15,215) Weekly, monthly, semiannual, quarterly and annual value levels are 15,040, 14,651, 14,323, 13,755 and 12,696 with the May 14 all time high at 15,219.55 and daily risky level at 15,352.

    S&P 500 - (1650.3) Weekly, monthly, semiannual, quarterly and annual value levels are 1614.3, 1587.3, 1566.9, 1448.7 and 1348.3 with the May 14 all time high at 1651.10 and daily risky level at 1665.8.

    NASDAQ - (3463) Weekly, monthly, quarterly and annual value levels are 3362, 3233, 3106 and 2806 with the May 14 multi-year high at 3468.67, and daily and semiannual risky levels at 3502 and 3583.

    NASDAQ 100 (NDX) - (2996) Weekly, quarterly, monthly and annual value levels are 2928, 2819, 2750 and 2463 with the May 14 multi-year high at 3005.02 and daily risky level at 3031.

    Dow Transports - (6466) Monthly, weekly, annual, semiannual and quarterly value levels are 6284, 6113, 5955, 5925, 5469 and 5324 with the May 14 all time high at 6466.71 and daily risky level at 6643.

    Russell 2000 - (985.96) Weekly, annual / quarterly value levels are 941.06, 860.25, 809.54 / 807.82 with monthly / annual pivots at 962.82 / 965.51, the May 14 all time high at 985.96 and daily risky level at 1002.28.

    The SOX- (463.33) Weekly, monthly, quarterly, and annual value levels are 444.57, 419.92, 357.61 and 338.03 with a daily risky level at 471.60. My semiannual risky level is 520.17 with the July 2007 high at 549.39.

    Dow Utilities:(512.83) Monthly, daily and semiannual value levels are 509.53, 504.73 and 474.63 with my quarterly pivot at 524.16, and weekly and annual risky levels at 540.51 and 540.37.

    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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