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
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Global Market Consultants
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valuengine.com/ve/ma...
  • Random Volatility As The Nasdaq Freezes For A Few Hours.  0 comments
    Aug 22, 2013 5:56 PM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    10-Year Note - (2.899) Daily and semiannual value levels are 3.021 and 3.227 with weekly, monthly, annual, and semiannual risky levels at 2.745, 2.601, 2.476, 1.981 and 1.719.

    Comex Gold - ($1374.3) Weekly, monthly and weekly value levels are $1312.5, $1229.7 and $1184.8 with daily, annual, quarterly and annual risky levels at $1386.0, $1599.9, $1603.0 and $1852.1.

    Nymex Crude Oil - ($105.08) My quarterly value level is $91.75 with a monthly pivot at $104.48, and daily, semiannual, annual and weekly risky levels at $106.00, $109.20, $115.23 and $116.58.

    The Euro - (1.3356) Monthly, annual, weekly, semiannual and quarterly value levels are 1.3313, 1.3257, 1.3234, 1.2477 and 1.1545 with daily and annual risky levels at 1.3377 and 1.4295.

    The Nasdaq is above its five-week MMA at 3573 but remains below its monthly pivot at 3663 which reflects random volatility. The other five-week MMAs are 15,306 Dow Industrials, 1666.8 S&P 500, 6426 Dow Transports and 1026.03 Russell 2000. Quarterly and annual value levels are 14,288 / 12,696 Dow Industrials, 1525.6 / 1348.3 S&P 500, 3284 / 2806 Nasdaq, 5348 / 5469 Dow Transports, and 863.05 / 809.54 Russell 2000. Semiannual risky levels are 16,490 Dow Industrials, 1743.5 S&P 500, 3759 Nasdaq, 7104 Dow Transports and 1089.42 Russell 2000.

    /

    Daily Dow:(14,964) Daily, quarterly and annual value levels are 14,763, 14,288 and 12,696 with the August 2 all time high at 15,658.43, and weekly, monthly and semiannual risky levels at 15,836, 16,188 and 16,490.

    S&P 500 - (1657.0) Daily, quarterly and annual value levels are 1633.2, 1525.6 and 1348.3 with the August 2 all time high at 1709.67, and monthly and semiannual risky levels at 1742.5 and 1743.5.

    NASDAQ - (3639) Daily, quarterly and annual value levels are 3584, 3284 and 2806 with a monthly pivot at 3663, the August 5 multi-year high at 3694.18, and semiannual risky level at 3759.

    NASDAQ 100 (NDX) - (3102) Monthly, daily, quarterly and annual value levels are 3080, 3062, 2983 and 2463 with the August 13 multi-year high at 3149.24, and weekly and semiannual risky levels at 3229, 3251 and 3304.

    Dow Transports - (6473) Daily, annual and quarterly value levels are 6299, 5925, 5469 and 5348 with the August 1 all time high at 6686.86, and weekly, monthly and semiannual risky levels at 6743, 7087 and 7104.

    Russell 2000 - (1036.20) Daily, quarterly and annual value levels are 1010.22, 863.05, 860.25 and 809.54 with the August 5 all time high at 1063.52, and monthly and semiannual risky levels at 1092.24 and 1089.42.

    The SOX- (463.83) Daily, quarterly and annual value levels are 455.50, 404.59 and 338.03 with weekly, monthly and semiannual risky levels at 488.82, 513.89 and 533.56.

    Dow Utilities:(479.22) A daily value level is 467.28 with a semiannual pivot at 481.92 with weekly, quarterly, semiannual, monthly and annual risky levels at 516.31, 510.38, 523.33, 530.15 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

    Stocks: TLT, GLD, XLE, DIA, QQQ, SPY
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