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Richard Suttmeier is the Chief Market Strategist at
www.ValuEngine.com.ValuEngine is a fundamentally-based quant
research firm in Newtown, PA. ValuEnginecovers over 7,000 stocks
every day.
A variety of newsletters and portfolios containing Suttmeier's
detailed research, stock picks
and commentary can be found at
http://www.valuengine.com/nl/mainnl
November 26, 2010 The Power of the P ivots in a Quiet Mark
et
The 10-Year yield is between my annual value level is 2.999 and
my annual pivot at 2.813. Gold
ended Wednesday right on my monthly pivot at $1373.0. Crude oil
tested my semiannual pivotat $83.94 overnight and on Wednesday. The
euro is trading around my quarterly pivot at 1.3318The Dow is below
my annual and semiannual pivots at 11,235 and 11,296. Stocks are
not cheapas thirteen of sixteen sectors have become overvalued.
10-Year Note (2.907) Daily and annual value levels are 2.980 and
2.999 with my annual pivot at2.813, and weekly, monthly, quarterly
and semiannual risky levels at 2.656, 2.380, 2.265 and 2.249.
Courtesy of Thomson / Reuters
Comex Gold ($1373.0) Daily, quarterly, semiannual and annual
value levels are $1350.0, $1306.4,$1260.8, $1218.7 and $1115.2 with
a monthly pivot at $1373.0 and weekly risky level at $1412.1.
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Courtesy of Thomson / Reuters
Nymex Crude Oil ($84.19) Daily, monthly and annual value levels
are $80.48, $78.51 and $77.05with my semiannual pivot at $83.94,
and weekly, semiannual and annual risky levels at $89.06, $96.53and
$97.29.
Courtesy of Thomson / Reuters
The Euro (1.3328) My monthly value level is 1.2709 with daily
and quarterly pivots at 1.3328 and1.3318, and weekly and semiannual
risky levels at 1.4205 and 1.4733.
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Courtesy of Thomson / Reuters
Daily Dow: (11,187) Daily, monthly, semiannual, annual and
quarterly value levels are 11,076, 10,84810,558, 10,379 and 8,523
with annual, semiannual, and weekly risky levels at 11,235, 11,296,
and11,405.
Courtesy of Thomson / Reuters
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Thirteen of Sixteen Sectors are Overvalued According to
ValuEngine
Thats todays Four in Four. Have a great day.
Richard SuttmeierChief Market Strategist
ValuEngine.com(800) 381-5576
Send your comments and questions to [email protected]. For
more information on our products and services
visitwww.ValuEngine.com
As Chief Market Strategist at ValuEngine Inc, my research is
published regularly on the website www.ValuEngine.com. I have
daily, weekly, monthly, andquarterly newsletters available that
track a variety of equity and other data parameters as well as my
most up-to-date analysis of world markets. Mynewest products
include a weekly ETF newsletter as well as the ValuTrader Model
Portfolio newsletter. You can go HERE to review sample issues
andfind out more about my research.
I Hold No Positions in the Stocks I Cover.
