December 13, 2013
The ValuEngine
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VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 82% of our stocks assigned a valuation and almost 49% of those equities are calculated to be overvalued by 20% or more. Fifteen of sixteen sectors are calculated to be overvalued--15 of them by double digits.
ValuEngine Index Overview
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DJIA |
16019.49 |
15739.4 |
-280.09 |
-1.75% |
20.11% |
NASDAQ |
4073.75 |
3998.4 |
-75.35 |
-1.85% |
32.42% |
RUSSELL 2000 |
1132.9 |
1103.27 |
-29.63 |
-2.62% |
29.90% |
S&P 500 |
1806.21 |
1775.5 |
-30.71 |
-1.70% |
24.49% |
ValuEngine Market Overview
Summary of VE Stock Universe |
Stocks Undervalued |
17.87% |
Stocks Overvalued |
82.13% |
Stocks Undervalued by 20% |
6.89% |
Stocks Overvalued by 20% |
48.73% |
ValuEngine Sector Overview
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| Multi-Sector Conglomerates |
-0.24% |
-2.56% |
13.58% |
35.38% overvalued |
19.57% |
19.17 |
| Computer and Technology |
-0.70% |
-2.64% |
41.58% |
27.76% overvalued |
32.87% |
30.80 |
| Consumer Discretionary |
-0.28% |
-1.62% |
40.74% |
26.99% overvalued |
41.27% |
29.14 |
| Auto-Tires-Trucks |
-0.33% |
-1.92% |
51.42% |
26.41% overvalued |
46.86% |
19.96 |
| Medical |
-0.54% |
-2.72% |
38.77% |
25.06% overvalued |
36.24% |
29.03 |
| Aerospace |
0.60% |
-0.84% |
37.62% |
24.95% overvalued |
48.41% |
17.72 |
| Transportation |
0.12% |
-2.35% |
33.17% |
24.88% overvalued |
42.84% |
21.39 |
| Business Services |
0.08% |
-1.79% |
35.25% |
24.62% overvalued |
37.07% |
25.40 |
| Industrial Products |
-0.03% |
-1.85% |
40.53% |
24.18% overvalued |
39.85% |
23.14 |
| Consumer Staples |
-0.49% |
-1.92% |
27.06% |
23.06% overvalued |
24.52% |
23.30 |
| Retail-Wholesale |
-0.11% |
-2.89% |
38.68% |
23.01% overvalued |
37.03% |
24.61 |
| Finance |
-0.01% |
-1.58% |
26.13% |
21.50% overvalued |
15.15% |
17.64 |
| Construction |
0.12% |
-2.70% |
34.87% |
16.16% overvalued |
31.44% |
23.71 |
| Utilities |
0.28% |
-2.45% |
15.60% |
11.41% overvalued |
11.74% |
19.55 |
| Oils-Energy |
0.03% |
-3.78% |
22.15% |
10.65% overvalued |
13.13% |
25.87 |
| Basic Materials |
-0.56% |
-3.24% |
6.60% |
1.29% undervalued |
-25.99% |
19.51 |
ValuEngine Newsletters Latest Results
VE Newsletter |
Current Results |
S&P 500 |
Last Month Total |
S&P 500 |
Since Inception |
S&P 500 |
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-0.42 |
-0.52 |
-0.72 |
4.07 |
102.85 |
92.29 |
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-3.46 |
-1.50 |
-0.32 |
2.72 |
12.02 |
7.12 |
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-5.93 |
-0.33 |
-3.53 |
2.10 |
27.58 |
24.97 |
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0.85 |
-0.69 |
2.33 |
3.16 |
78.26 |
54.64 |
ValuEngine's Newsletters Beat the Market
With our Investment Newsletters, Subscribers Harness the Power of all of ValuEngine.com's Extensively Tracked and Tested Portfolio Strategies in an Easy to Follow Format.
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Free Download for Readers
As a bonus to our Free Weekly Newsletter subscribers,
we are offering a FREE DOWNLOAD of one of our Stock Reports
This week's free download is forTarget (TGT). Target Corporation operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business, Target.com. Although Target.com is small relative to their overall size, its sales are growing at a much more rapid pace than their in-store sales, and it provides important benefits to their stores and credit card operations.
ValuEngine continues its BUY recommendation on TARGET CORP for 2013-12-12. Based on the information we have gathered and our resulting research, we feel that TARGET CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Sharpe Ratio.
Read our Summary Report on Target HERE.
Sector Talk--Autos.Tires,Trucks
Below, we present the latest data on Autos.Tires,Trucks 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 Autos.Tires,Trucks Stocks--Short-Term Forecast Returns
Ticker |
Name |
Mkt Price |
Valuation(%) |
Last 12-M Retn(%) |
CTB |
COOPER TIRE |
23.89 |
4.32 |
-3.75 |
WPRT |
WESTPORT INNOV |
18.25 |
-16.52 |
-35.24 |
GT |
GOODYEAR TIRE |
22.33 |
60.86 |
69.94 |
LKQ |
LKQ CORP |
33.24 |
42.72 |
56.35 |
HOG |
HARLEY-DAVIDSON |
68.23 |
32.15 |
38.68 |
Top-Five Autos.Tires,Trucks Stocks--Long-Term Forecast Returns
Ticker |
Name |
Mkt Price |
Valuation(%) |
Last 12-M Retn(%) |
CTB |
COOPER TIRE |
23.89 |
4.32 |
-3.75 |
WPRT |
WESTPORT INNOV |
18.25 |
-16.52 |
-35.24 |
GT |
GOODYEAR TIRE |
22.33 |
60.86 |
69.94 |
LKQ |
LKQ CORP |
33.24 |
42.72 |
56.35 |
HOG |
HARLEY-DAVIDSON |
68.23 |
32.15 |
38.68 |
Top-Five Autos.Tires,Trucks Stocks--Composite Score
Ticker |
Name |
Mkt Price |
Valuation(%) |
Last 12-M Retn(%) |
CTB |
COOPER TIRE |
23.89 |
4.32 |
-3.75 |
TOWR |
TOWER INTL INC |
20.35 |
-1.59 |
159.9 |
VC |
VISTEON CORP |
77.14 |
5.93 |
50.81 |
MGA |
MAGNA INTL CL A |
77.65 |
20.26 |
61.37 |
CAAS |
CHINA AUTO SYS |
7.62 |
-28.98 |
54.88 |
Top-Five Autos.Tires,Trucks Stocks--Most Overvalued
Ticker |
Name |
Mkt Price |
Valuation(%) |
Last 12-M Retn(%) |
MTOR |
MERITOR INC |
7.65 |
107.12 |
67.03 |
NAV |
NAVISTAR INTL |
39.6 |
94.44 |
77.02 |
MPAA |
MOTORCAR PARTS |
18.88 |
71.39 |
210.53 |
GT |
GOODYEAR TIRE |
22.33 |
60.86 |
69.94 |
DORM |
DORMAN PRODUCTS |
54.56 |
46.04 |
57.28 |
Find out what Wall Street Investment and Media Professionals already know,
ValuEngine offers sophisticated stock valuation and forecast research as well as a variety of portfolio screening and creation tools.
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--(2.883) Monthly and semiannual value levels are 3.117 and 3.227 with a daily pivot at 2.890% and weekly, annual, quarterly and annual risky levels at 2.739, 2.476, 2.252 and 1.981.
Commodities and Forex
Comex Gold –($1226.1) My monthly value level is $1062.1 with daily, weekly, quarterly and annual risky levels at $1252.9, $1284.9, $1435.6, $1599.9 and $1852.1.
Nymex Crude Oil – ($97.42) My weekly value level is $90.23 with my monthly pivot at $98.21 and
daily, semiannual, quarterly and annual risky levels at $100.82, $109.84, $114.36 and $115.23.
The Euro – (1.3751) My annual, quarterly and semiannual value levels are 1.3257, 1.2805, 1.2756 and
1.2477 with a weekly pivot at 1.3653 and daily, monthly and annual risky levels at 1.3872, 1.3840 and
1.4295..
Major Indices
Daily Dow: (15,739) Semiannual and annual value levels are 14,724 and 12,696 with daily and
monthly pivots at 15,762 and 16,093, the Nov. 29 all-time intra-day high at 16,174.51, and weekly,
semiannual and quarterly risky levels at 16,430, 16,490 and 16,775.
S&P 500 – (1775.5) Semiannual and annual value levels are 1743.5 and 1348.3 with a daily and
monthly pivots at 1781.8 and 1810.2, the Nov. 29 all-time intra-day high at 1813.55, and weekly and
quarterly risky levels at 1864.5 and 1853.8.
NASDAQ – (3998) Semiannual and annual value levels are 3759, 3668 and 2806 with quarterly and
daily pivots at 4025 and 4022, the Dec. 9 multi-year intra-day high at 4081.78, and weekly and monthly
risky levels at 4177 and 4114.
NASDAQ 100 (NDX) – (3460) Semiannual and annual value levels are 3304 and 2463 with quarterly,
daily and monthly pivots at 3477, 3489 and 3518, the Dec. 9 multi-year intra-day high at 3524.00, and
daily and weekly risky levels at 3520 and 3616.
Dow Transports – (7059) Monthly and annual value levels are 6941, 5925 and 5469 with semiannual,
quarterly and daily pivots at 7104, 7205 and 7029, the Dec. 2 all-time intra-day high at 7304.49, and a
weekly risky level at 7563.
Russell 2000 – (1103.23) Semiannual and annual value levels are 1089.42, 860.25 and 809.54 with
daily and monthly pivots at 1105.54 and 1143.82, the Nov. 29 all time intra-day high at 1147.00, and
weekly and quarterly risky levels at 1154.47 and 1163.21.
The SOX – (505.84) My annual value level is 338.03 with daily, quarterly and weekly pivots at 512.71,
514.87 and 516.88, the Dec. 9 multi-year intra-day high at 518.97, and monthly and semiannual risky
levels at 526.74 and 533.56.
Dow Utilities: (478.70) Daily, monthly and semiannual pivots are 483.20, 479.08 and 481.92 with weekly, quarterly, semiannual and annual risky levels at 503.80, 520.55, 523.33 and 540.37.
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.
Apple (AAPL) – ($560.54) Apple Inc. is engaged in designing, manufacturing and marketing mobile communication and media devices, personal computers, and portable digital music players. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and Mac OS X operating systems, iCloud, and a range of accessory, service and support offerings. It sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Apple Inc. is headquartered in Cupertino, California.
Analysis –Apple has a sell rating according to ValuEngine and its 17.53% overvalued with fair value at $477.63 and a one-year price target at $572.37. The daily chart shows overbought momentum with the stock above its 21-day, 50-day and 200-day simple moving averages at $542.44, $523.77 and $466.40. Monthly and annual value level are $521.87 and $510.64 with a weekly risky level at $573.04.
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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