Scribd
Upload
47 views1 page

Suttmeier Morning Briefing, January 30, 2015

Four of five major equity averages are below their five-week modified moving averages but its Friday’s closes that count. These averages remain at 17661 Dow Industrials, 2043.6 S&P 500, 4705 Nasdaq, 8937 Dow Transports and 1181.97 Russell 2000. Closes this week below all five five-week modified moving averages will shift the weekly charts to negative, as all five will have declining MOJO. The year-to-date lows for the five major equity averages are; 17136.30 Dow Industrials on 1/28, 1988.12 S&P 500 on 1/16, 4563.11 Nasdaq on 1/16, 8584.99 Dow Transports on 1/14 and 1151.30 Russell 2000 on 1/16.

Uploaded by

Richard Suttmeier
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
47 views1 page

Suttmeier Morning Briefing, January 30, 2015

Four of five major equity averages are below their five-week modified moving averages but its Friday’s closes that count. These averages remain at 17661 Dow Industrials, 2043.6 S&P 500, 4705 Nasdaq, 8937 Dow Transports and 1181.97 Russell 2000. Closes this week below all five five-week modified moving averages will shift the weekly charts to negative, as all five will have declining MOJO. The year-to-date lows for the five major equity averages are; 17136.30 Dow Industrials on 1/28, 1988.12 S&P 500 on 1/16, 4563.11 Nasdaq on 1/16, 8584.99 Dow Transports on 1/14 and 1151.30 Russell 2000 on 1/16.

Uploaded by

Richard Suttmeier
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

SUTTMEIER on the US CAPITAL MARKETS

[email protected]

Todays Daily Markets Briefing By Richard Suttmeier January 30, 2015


Market
The Dow
S&P 500
Nasdaq
Naz 100 (NDX)
Transports
Russell 2000
Semis (SOX)
Utilities

Date

YTD

Date

Market

Date of

% Off

Risky

Value

29-Jan
17,416.85
2,021.25
4,683.41
4,181.35
8,851.29
1,190.18
666.63
652.11

Gains
-2.3%
-1.8%
-1.1%
-1.3%
-3.2%
-1.2%
-2.9%
5.5%

31-Dec
17,823.07
2,058.90
4,736.05
4,236.28
9,139.92
1,204.71
686.87
618.08

Highs
18,103.45
2,093.55
4,814.95
4,347.09
9,310.33
1,221.44
704.44
653.21

Highs
12/26/14
12/29/14
12/26/14
11/28/14
11/28/14
12/31/15
12/8/14
1/29/15

High
-3.8%
-3.5%
-2.7%
-3.8%
-4.9%
-2.6%
-5.4%
-0.2%

Level
19,600
2,268.9
5,245
4,563
10,009
1,382.55
763.90

Upside
12.5%
12.3%
12.0%
9.1%
13.1%
16.2%
14.6%

Level
14,557
1,558.2
3,901
3,660
7,289
954.08
432.78
510.05

%
Down
-16.4%
-22.9%
-16.7%
-12.5%
-17.7%
-19.8%
-35.1%
-21.8%

Four of five major equity averages are below their five-week modified moving averages but its Fridays
closes that count. These averages remain at 17661 Dow Industrials, 2043.6 S&P 500, 4705 Nasdaq, 8937 Dow
Transports and 1181.97 Russell 2000. Closes this week below all five five-week modified moving averages will shift
the weekly charts to negative, as all five will have declining MOJO.
The year-to-date lows for the five major equity averages are; 17136.30 Dow Industrials on 1/28, 1988.12 S&P
500 on 1/16, 4563.11 Nasdaq on 1/16, 8584.99 Dow Transports on 1/14 and 1151.30 Russell 2000 on 1/16.
Dow Industrials: (17417) Annual value levels are 15112 and 14557 with a monthly risky level at 17889, the Dec. 26
all-time intraday high at 18103.45, and semiannual and quarterly risky levels at 18328, 18744 and 19600.
S&P 500 (2021.3) Annual value levels are 1585.9 and 1558.2 with a semiannual pivot at 2053.3, the Dec. 29 alltime intraday high at 2093.55 and semiannual, monthly and quarterly risky levels at 2102.2, 2114.6 and 2268.9.
NASDAQ (4683) Annual value levels are 3901and 3596 with semiannual pivots at 4635 and 4715, the Dec.26
multiyear intraday high at 4814.95, and monthly and quarterly risky levels at 4994 and 5245.
Dow Transports (8851) Semiannual and annual value levels are 8655, 8452, 7289 and 6635 with the Nov. 28 alltime intraday high at 9319.33 and monthly and quarterly risky levels at 9559 and 10009.
Russell 2000 (1190.18) Annual value levels are 975.84 and 954.08 with monthly and semiannual risky levels at
1201.97 and 1207.39, the Dec.29 all-time intraday high at 1220.81 and semiannual and quarterly risky levels at
1287.98 and 1382.55.
The SOX (666.63) Semiannual and annual value levels are 619.34, 600.94 and 432.78 with the Dec. 8 multiyear
intraday high at 704.44 and monthly and quarterly risky levels at 718.95 and 763.90.
Dow Utilities: - (652.11) Monthly and annual value levels are 603.89, 525.86 and 510.04 with semiannual and
quarterly pivots at 621.93 and 627.50, and the Jan. 29 all-time intraday high at 653.21.
10-Year Note (1.760%) A quarterly value level is 3.147% with monthly and semiannual pivots at 2.079% and
1.921%, and semiannual and annual risky levels at 1.589%, 1.342% and 0.715%.
30-Year Bond (2.328%) A quarterly value level is 3.690% with annual, semiannual and monthly pivots at 3.013%,
2.949% and 2.710%, and semiannual and annual risky levels at 2.177% and 2.169%. This yield set a new all-time
intraday low at 2.273%.
Comex Gold ($1256.0) Monthly and quarterly value levels are $1168.3 and $893.0 with semiannual and annual
risky levels at $1348.9, $1580.7 and $1816.9.
Nymex Crude Oil ($44.50) The Jan. 2009 low is at $33.20 with monthly and semiannual risky levels are $66.59
and $81.58. Oil set a new low for the move at $43.58 on Thursday.
The Euro (1.1320) Fridays low was 1.1113 as the euro continues to slip towards parity versus the dollar.
Monthly, semiannual and quarterly risky levels are at 1.1841, 1.2828, 1.2899 and 1.3551.
The Dollar vs Japanese Yen (118.32) A semiannual value level is 112.09 with a monthly pivot at 117.83 and a
quarterly risky level at 124.52.
The British Pound (1.5063) An annual value level is 1.2801 with monthly, quarterly and semiannual risky levels at
1.5643, 1.5821 and 1.6289.

You might also like