January 3, 2014

VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 85% of our stocks assigned a valuation and 56% of those equities are calculated to be overvalued by 20% or more. ALL sectors are again calculated to be overvalued--15 of them by double digits.

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 AES Corporation and its subsidiaries and affiliates are a global power company committed to serving the world's needs for electricity in a socially responsible way. AES's electricity generation business consists of sales to wholesale customers for further resale to end users. AES also sells electricity directly to end users such as commercial, industrial, governmental and residential customers through its distribution business. .

 ValuEngine continues its STRONG BUY recommendation on AES CORP for 2014-01-02. Based on the information we have gathered and our resulting research, we feel that AES CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE P/E Ratio and Company Size.

Read our Detailed Valuation Report, a $25 value, for FREE HERE.

Sector Talk--Oils/Energy

  Below, we present the latest data on Oils/Energy stocks from our Institutional software package (VEI).    Top five lists are provided for each category.  We applied some basic liquidity criteria--share price greater than $3 and average daily volume in excess of 100k shares. 

Please Click Here to Download a FREE Demo of ValuEngine's Professional VEI Software Package.

Top-Five Oils/Energy Stocks--Short-Term Forecast Returns

Top-Five Oils/Energy Stocks--Long-Term Forecast Returns

Top-Five Oils/Energy Stocks--Composite Score

Top-Five Oils/Energy Stocks--Most Overvalued

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What's Hot
--VE Web Log (BLOG) Consolidates Content

We have added a blog to the VE Website. This new section consolidates all of our free content in one easily accessible location. Of special note is the work of our Chief Market Strategist Richard Suttmeier. Suttmeier, a prolific market analyst and commnetator, writes for forbes, thestreet.com, and many other investor websites. Check out our new blog page for one-stop access to all of his work as well as other bulletins and analysis based on ValUEngine's award-winning stock valuation and forecast services.

Check out our new blog page HERE

Suttmeier Says
--Commentary and Analysis from Chief Market Strategist Richard Suttmeier

If you have any comments or questions, send them to Rsuttmeier@Gmail.com 

Treasury Yields

10-Year--(2.989) Weekly, monthly and semiannual value levels are 3.068, 3.653 with a daily pivot at 3.017 and quarterly, annual and semiannual risky levels at 2.628, 2.263, 1.837 and 1.779.
.

Commodities and Forex

Comex Gold –($1223.5) Weekly and monthly value levels are $1164.6 and $1112.1 with a daily pivot at $1226.3 and quarterly and annual risky levels at $1385.0, $1710.6, $1747.4, $1818.8 and $1857.1.

Nymex Crude Oil – ($95.51) My quarterly value level is $93.35 with daily, weekly, monthly, semiannual and annual risky levels at $98.14, $98.54, $104.80, $104.97 and $107.52.

The Euro – (1.3665) Quarterly, annual and semiannual value levels are 1.3482, 1.3381, 1.2642 and 1.2216 with

Major Indices

Daily Dow: (16,441) Monthly, semiannual and annual value levels are 16,327, 16,245, 14,835 and
13,467 with the Dec. 31 all-time intra-day high at 16,588.25, and daily, quarterly and semiannual risky
levels at 16,664, 16,761 and 16,860.

S&P 500 – (1832.0) Semiannual and annual value levels are 1797.3, 1764.4, 1539.1 and 1442.1 with a
monthly pivot at 1847.0, the Dec.31 all-time intra-day high at 1849.44, and weekly, daily and quarterly
risky levels at 1851.9, 1860.7 and 1896.0.

NASDAQ – (4143) Semiannual and annual value levels are 3930, 3920, 3471 and 3063 with the Dec.
31 multi-year intra-day high at 4177.73 and daily, monthly and quarterly risky levels at 4242, 4267 and
4274.

NASDAQ 100 (NDX) – (3564) Semiannual and annual value levels are 3458, 3456, 3078 and 2669
with a weekly pivot at 3584, the Dec. 31 multi-year intra-day high at 3592.00 and daily, monthly and
quarterly risky levels at 3639, 3629 and 3714.

Dow Transports – (7288) Quarterly and annual value levels are 7086, 6249 and 5935 with semiannual
and monthly pivots at 7245, 7376 and 7327 with the Dec. 31 all-time intra-day high at 7410.25, and
daily risky level at 7455.

Russell 2000 – (1150.73) Semiannual and annual value levels are 1133.29, 1130.79, 966.72 and
879.39 with the Dec. 26 all time intra-day high at 1167.96, and weekly, daily, quarterly and monthly
risky levels at 1169.00, 1189.97, 1180.35 and 1200.55.

The SOX – (527.75) Semiannual and annual value levels are 490.52, 371.58 and 337.74 with the Dec.
31 multi-year intra-day high at 535.79, and quarterly, daily, monthly and semiannual risky levels at
536.98, 539.77, 544.70 and 548.36.

Dow Utilities: (482.88) Weekly and monthly value levels are 478.49 and 440.53 with daily, quarterly,
annual, semiannual and annual risky levels at 490.70, 496.84, 497.53, 504.74, 524.37 and 548.70.

Stock of the Day

  One of the more popular features of Richard Suttmeier's Morning Briefing for investors is his stock of the day.  In every issue, Suttmeier highlights one stock and provides VE data as well as his own proprietary technical data. 

Here is today's stock of the day from Richard Suttmeier's Morning Briefing Newsletter.

Bank of America (BAC) – ($16.10) Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.

Analysis – Bank of America has a hold rating according to ValuEngine and is overvalued by 26.7% with fair value at $12.29 and a one-year price target at $15.97. The daily chart shows rising momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $15.54, $15.05 and $13.91. My semiannual value level is $10.69 with monthly and quarterly risky levels at $16.57 and $18.48.

Richard Suttmeier, Chief Market Strategist at ValuEngine.com & Contributor to TheStreet.com
Richard Suttmeier has been a professional in the US Capital Markets since 1972 transferring his engineering skills to the trading and investment world. He earned a Bachelor of Industrial Engineering degree from Georgia Institute of Technology in 1966, and a Master of Science, Operations Research, Systems Analysis degree from Brooklyn Polytechnic University in 1970. Over the years Richard appeared many times in the financial media, on networks such as CNBC, CNN, CNNfn, New York 1, Bloomberg TV and radio, Fox Business, Business News Network in Canada, Wall Street Week with Fortune, Yahoo Finance Breakout, and the Bill Mazer Radio Show. In 2002, he anchored his own show on Yahoo Finance Vision called, "Traders' Club with Richard Suttmeier." Richard has been frequently quoted in USA Today, The NY Times, Wall Street Journal, Reuters, and The Dow Jones Newswires. Richard has made numerous speaking appearances in recent years to groups such as the Market Technicians Associations, the American Association of Individual Investors, Wells Fargo Advisors, the Executive Forum at the National Arts Club, and the Investors Roundtable of Wilmington NC.

Now YOU can take advantage of the same market and trading expertise as the financial media with Richard Suttmeier's ValuTrader Model Portfolio

 The ValuTrader Portfolio Newsletter is based on ValuEngine Chief Market Strategist Richard Suttmeier's proprietary market analytics. Suttmeier combines his technical analysis expertise with ValuEngine's proprietary valuation, forecast, and ratings data for more than 4000 equities trading on US markets to come up with a 20 stock portfolio tailored to current market conditions. With ValuTrader, subscribers access Suttmeier's "Buy and Trade" strategy with a portfolio designed to function well in both up and down markets.

 

With Richard Suttmeier's Morning Briefing, you get daily analysis of US Treasury Yields, Gold, Crude Oil, and Currency Exchange Rates--Dollar, Yen, Pound, and Euro--as well as key technical indicators for the major equity averages.

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