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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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  • April Ends With A New High In Dow Utilities Just As It Did A Year Ago. 0 comments
    Apr 30, 2014 7:03 AM | about stocks: TLT, GLD, XLE, DIA, QQQ, SPY

    The week's value levels / pivots / risky levels are 16282 Dow Industrials, 1855.1 S&P 500, 4000 Nasdaq, 7713 Dow Transports and 1123.43 Russell 2000.

    The Dow Industrial Average is above its monthly pivot at 16297 while the S&P 500 tested its monthly risky level at 1895.6 at the April 4 all-time high. Monthly risky levels have not been tested at 4446 Nasdaq, 7812 Dow Transports and 1211.52 on the Russell 2000.

    The major equity averages straddle quarterly levels at 16462 Dow Industrials, 1853.5 S&P 500, 4039 Nasdaq, 7407 Dow Transports and 1169.22 Russell 2000.

    Semiannual value levels are 3930 and 3920 Nasdaq with semiannual pivots at 16245 Dow industrials, 1797.3 and 1764.4 S&P 500, 7376 and 7245 Dow Transports, semiannual pivots at 1130.79 and 1133.29 Russell 2000 and a semiannual risky level at 16860 Dow industrials.

    Annual value levels are 14835 and 13467 Dow Industrials, 1539.1 and 1442.1 S&P 500, 3471 and 3063 Nasdaq, 6249 and 5935 Dow Transports and 966.72 and 879.39 Russell 2000,

    Dow Industrials:(16535) Monthly, weekly, semiannual and annual value levels are 16297, 16282, 16245, 14835 and 13467 with quarterly and daily pivots at 16462 and 16521, the April 4 all-time intraday high at 16631.63 and semiannual risky level at 16860.

    S&P 500 - (1878.3) Semiannual and annual value levels are 1797.3, 1764.4, 1539.1 and 1442.1 with quarterly and weekly pivots at 1853.5 and 1855.2, a daily risky level at 1884.5, the April 4 all-time intraday high at 1897.28 and monthly risky level at 1895.6.

    NASDAQ - (4104) Quarterly, weekly, semiannual and annual value levels are 4039, 4000, 3930, 3920, 3471 and 3063 with a daily risky level at 4138, the March 6 multiyear intraday high at 4371.71 and monthly risky level at 4446.

    NASDAQ 100 (NDX) - (3574) Weekly, semiannual, quarterly and annual value levels are 3447, 3458, 3456, 3424, 3078 and 2669 with a daily risky level at 3591, the March 6 multiyear intraday high at 3738.32, and monthly risky levels at 3834.

    Dow Transports - (7617) Quarterly, semiannual, and annual value levels are 7407, 7376, 7256, 7245, 6249 and 5935 with weekly and daily risky levels at 7713 and 77.22, the April 23 all-time intraday high at 7774.58 and monthly risky level at 7812.

    Russell 2000 - (1120.83) Annual value levels are 966.72 and 879.39 with weekly and semiannual pivots at 1123.43, 1133.29 and 1130.29, daily, quarterly and monthly risky levels at 1136.91, 1169.22 and 1211.52, and the March 4 all-time intraday high at 1212.82.

    The SOX- (572.99) Semiannual, quarterly and annual value levels are 548.36, 507.19, 490.52, 371.58 and 337.74 with monthly, weekly and daily risky levels at 581.64, 582.66 and 591.61 and the April 3 multiyear intraday high at 601.40.

    Dow Utilities:(553.12) Weekly, quarterly, semiannual, monthly and annual value levels are 547.31, 528.10, 524.37, 504.74, 502.03 and 497.53, with an annual pivot at 548.70, the April 29 all-time intraday high at 556.57.

    10-Year Note - (2.688) Daily, weekly and monthly value levels are 2.756, 2.745 and 2.851 with quarterly, annual and semiannual risky levels at 2.333, 2.263, 1.837 and 1.779.

    30-Year Bond - (3.487) Daily, weekly and monthly value levels are 3.516, 3.506 and 3.718 with quarterly, annual and semiannual risky levels at 3.305, 3.283, 3.114, 3.107 and 2.624.

    Comex Gold - ($1296.3) Daily, monthly and quarterly value levels are $1283.4, $1264.2 and $1215.7 with weekly, semiannual and annual risky levels at $1312.3, $1747.4, $1818.8 and $1857.1.

    Nymex Crude Oil - ($101.02) Monthly and quarterly value levels are $95.04 and $89.40 with daily and weekly pivots at $100.00 and $100.43 and semiannual and annual risky levels at $104.74 and $107.52.

    The Euro - (1.3807) Annual, quarterly and semiannual value levels are 1.3382, 1.3185, 1.2642 and 1.2216 with daily and weekly pivots at 1.3818 and 1.3836, and monthly and annual risky levels at 1.3922 and 1.5512.

    The Dollar versus Japanese Yen - (102.57) Annual and semiannual value levels are 93.38 and 85.57 with daily, weekly, monthly and quarterly risky levels at 102.67, 102.90, 104.99 and 105.66.

    To learn more about ValuEngine check out www.ValuEngine.com. Any comments or questions contact me at RSuttmeier@gmail.com.

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