May 24, 2013

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The ValuEngine Weekly is an Investor Education newsletter focused on the quantitative approach to investing and the tools available from In today's fast-moving and globalized financial markets, it is easy to get overloaded with information. The winners will adopt an objective, scientific, independent and unemotional approach to investing. If you are not yet a member of ValuEngine's stock analysis service, sign up now for a two-week free trial at www.valuengine.com! ValuEngine.com.

VALUATION WARNING: Our models find that overvaluation is at levels typically seen when market pullbacks occur. Overvalued stocks now make up 71% of our universe and 33% of the universe is calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued. MARKET OVERVIEW

Index
DJIA NASDAQ RUSSELL 2000 S&P 500

Week Open
15348.33 3490.46 994.3 1665.71

Thurs Close
15294.5 3498.97 984.28 1650.51

Change
-53.83 8.51 -10.02 -15.2

% Change
-0.35% 0.24% -1.01% -0.91%

YTD
16.72% 15.88% 15.89% 15.73%

Summary of VE Stock Universe

Stocks Undervalued Stocks Overvalued Stocks Undervalued by 20% Stocks Overvalued by 20% 28.62% 71.38% 11.68% 33.39%

SECTOR OVERVIEW
Sector
Aerospace Auto-Tires-Trucks Basic Materials Business Services Computer and Technology Construction Consumer Discretionary Consumer Staples Finance Industrial Products Medical Multi-Sector Conglomerates Oils-Energy Retail-Wholesale Transportation Utilities

Change
-0.05% -0.75% -0.31% 0.07% 0.23% 0.06% -0.34% -0.22% -0.47% -0.41% 0.48% -0.78% 0.01% 0.21% -0.17% -0.17%

MTD
3.99% 8.08% -1.31% 5.25% 5.71% 4.54% 4.47% 1.37% 2.83% 6.88% 2.50% 2.47% 4.06% 5.75% 5.92% 2.87%

YTD
19.80% 22.27% 1.57% 15.85% 16.25% 25.54% 21.30% 11.90% 17.50% 21.67% 17.13% 9.15% 13.28% 26.45% 24.26% 13.09%

Valuation
16.18% overvalued 23.44% overvalued 6.24% undervalued 16.76% overvalued 16.98% overvalued 18.71% overvalued 18.82% overvalued 20.49% overvalued 19.92% overvalued 13.22% overvalued 15.91% overvalued 13.97% overvalued 9.29% overvalued 23.98% overvalued 22.50% overvalued 11.65% overvalued

Last 12MReturn
28.79% 30.46% -22.22% 23.99% 12.23% 39.77% 23.62% 18.14% 21.82% 23.79% 17.30% 26.39% 4.69% 31.39% 16.35% 13.82%

P/E Ratio
15.57 17.98 19.06 23.53 28.69 24.32 23.74 20.47 18 18.89 25.55 16.51 27.12 22.23 20.8 20.18

Sector TalkConsumer Discretionary

Below, we present the latest data on leading Consumer Discretionary Sector stocks from our Institutional software package (VEI). These results were filtered by market price and volume--no results below 3$/share or less than 100k shares/day volume.

Top-Five Consumer Discretionary Sector Stocks--Short-Term Forecast Returns

Ticker
GTN TVL AERL RCI DV

Name
GRAY TELEVSN LIN TV CORP -A ASIA ENTMNT&RES ROGERS COMM CLB DEVRY INC

Mkt Price
5.67 12.36 4.27 46.88 30.86

Valuation(%)
116.36 57.92 32.23 6.43 52.27

Last 12-M Retn(%)

288.36 314.77 -2.29 32.65 9.32

Top-Five Consumer Discretionary Sector Stocks--Long-Term Forecast Returns

Ticker
GTN TVL AERL RCI DV

Name
GRAY TELEVSN LIN TV CORP -A ASIA ENTMNT&RES ROGERS COMM CLB DEVRY INC

Mkt Price
5.67 12.36 4.27 46.88 30.86

Valuation(%)
116.36 57.92 32.23 6.43 52.27

Last 12-M Retn(%)

288.36 314.77 -2.29 32.65 9.32

Top-Five Consumer Discretionary Sector Stocks--Composite Score

Ticker
CTCM RCI GIL SWHC IGT

Name
CTC MEDIA INC ROGERS COMM CLB GILDAN ACTVWEAR SMITH & WESSON INTL GAME TECH

Mkt Price
12.6 46.88 41 9.09 18

Valuation(%)
-22.8 6.43 0.97 -6.91 -0.58

Last 12-M Retn(%)

33.9 32.65 62.57 32.7 28.66

Top-Five Consumer Discretionary Sector Stocks--Most Overvalued

Ticker
SUMR BDE EDMC CVC GTN

Name
SUMMER INFANT BLACK DIAMOND EDUCATION MANAG CABLEVISION SYS GRAY TELEVSN

Mkt Price
3.53 8.68 6.18 15.45 5.67

Valuation(%)
300 300 278.91 189.33 116.36

Last 12-M Retn(%)

9.97 -3.66 -27.63 35.53 288.36

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. If you are reading this you To Sign Up for a should sign up for FREE TRIAL, ValuEngine's award-winning Please Click stock valuation and forecast HERE service NO OBLIGATION, 30 DAY FREE TRIAL!

Free Download for Readers

As a bonus to our Free Weekly Newsletter subscribers, we are offering a FREE DOWNLOAD of one of our Detailed Stock Valuation Reports--this report is normally $25.00 This week's free download is our report on Yahoo (YHOO). Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services. As one of the first online navigational guides to the World Wide Web, Yahoo! is one of the leading guides in terms of traffic, advertising, and household and business user reach. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!'s clients. Read our Complete Detailed Valuation Report on Yahoo! HERE. (LINK IS WORKING/NEW LINK SYSTEM DIRECT DOWNLOAD)

What's Hot-New Suttmeier Appearance Scheduled

ValuEngine's Chief Market Strategist Richard Suttmeier has worked in the US Capital Markets for more than thirty-five years. Suttmeier has long been one of ValuEngine's "power users," supporting his own technically-focused analysis with VE's fundamentally-based quant methods. Suttmeier provides ValuEngine clients access to a series of in-depth custom reports on banking, commodities, and other areas, as well as his extensive knowledge of technical analysis and the financial markets in general. As part of the 2013 Oil & Gas Finance Forum, MiNE LLC is pleased to announce distinguished guest speaker ValuEngine Chief Market Strategist Richard Suttmeier. Hear his thoughts and be part of the discussion of current market conditions drivers, the new economy in natural gas, and challenges for development and growth of the oil & gas industry. The Oil & Gas Finance Forum is a private institutional investor meeting designed to directly connect oil & gas executives with the Wall Street finance sector. Once again Frank Giustra is involved in the meeting as a major sponsor along with Eddie Sugar and EAS Advisors. We are delighted to have the TMX Group as a new sponsor of the Forum.

2013 Oil and Gas Finance Forum June 12-13, 2013 New York City
The Program includes: Presentations from International and US domestic oil & gas companies Headliners and panels speaking on investment drivers and factors in the oil & gas industry 1:1 meetings and informal networking activities provide a cost effective and time efficient opportunity to create business relationships

FIND OUT MORE 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--(2.023) Annual and semiannual value levels are 2.476 and 3.063 with daily, annual and monthly pivots at 2.015, 1.981 and 1.945, and weekly and semiannual risky levels at 1.677 and 1.413. Commodities and Forex Comex Gold ($1391.7) Daily and weekly value levels are $1343.4 and $1318.1 with monthly, annual, semiannual, quarterly and annual risky levels at $1566.7, $1599.9, $1719.2, $1808.3 and $1852.1. Nymex Crude Oil ($94.43) Weekly, monthly and quarterly value levels are $93.99, $88.34 and $79.66 with a daily pivot at $95.09 and my annual risky level at $115.23.

The Euro (1.2934) Daily, semiannual and quarterly value levels are 1.2819, 1.2797 and 1.2169 with weekly, annual and monthly risky levels at 1.2951, 1.3257 and 1.3597. Major Indices Daily DOW (15,295) Monthly, semiannual, quarterly and annual value levels are 14,651, 14,323, 13,755 and 12,696 with a weekly pivot at 15,281, a daily risky level at 15,508 and the May 22 all time high at 15,542.40. S&P 500 (1650.5) Monthly, semiannual, quarterly and annual value levels are 1587.3, 1566.9, 1448.7 and 1348.3 with a daily risky level at 1681.5 and the May 22 all time high at 1687.18. NASDAQ (3459) Weekly, monthly, quarterly and annual value levels are 3436, 3233, 3106 and 2806 with a daily risky level at 3512 and the May 22 multi-year high at 3532.04, and a semiannual risky at 3583. NASDAQ 100 (NDX) (2991) Quarterly, monthly and annual value levels are 2819, 2750 and 2463 with a weekly pivot at 2988, a daily risky level at 3030 and the May 22 multi-year high at 3053.51. Dow Transports (6430) Weekly, monthly, weekly, annual, semiannual and quarterly value levels are 6327, 6284, 6113, 5955, 5925, 5469 and 5324 with a daily risky level at 6613 and the May 22 all time high at 6562.85. Russell 2000 (984.28) Semiannual, monthly, weekly, annual and quarterly value levels are 965.51, 962.82, 962.08, 860.25, 809.54 and 807.82 with a risky level at 1004.81 and the May 22 high at 1008.23. The SOX (461.75) Weekly, monthly, quarterly, and annual value levels are 458.72, 419.92, 357.61 and 338.03 with a daily risky level at 469.68. My semiannual risky level is 520.17 with the July 2007 high at 549.39. Dow Utilities: (504.51) My semiannual value level is 474.63 with monthly and daily pivots at 509.53 and 512.78, and quarterly pivot at 524.16, and annual and weekly risky levels at 540.37 and 543.29.

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. Google (GOOG) ($882.79) Google Inc. is a technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches. It serves corporate clients, including advertisers, content publishers and site managers with cost-effective advertising and a wide range of revenue generating search services. Google Inc. is headquartered in Mountain View, California. Analysis Google has a Hold rating according to ValuEngine with fair value at $820.22, which makes the stock 8.4% overvalued. The ValuEngine one-year price target is $895.19.The daily chart for GOOG shows declining momentum with the stock above its 21-day, 50- day and 200-day simple moving averages at $865.22, $827.15 and $747.63. My weekly, semiannual and monthly value levels are $859.22, $854.04 and $835.08 with the May 20 all time high at $920.60.

ValuEngine.com Tools and Services

We provide a variety of means for accessing ValuEngine market analysis and other content. You can find us on some of the leading financial media websites as well as the more popular social media services. While our own website ValuEngine.com provides access to lots of analysis--and you can always sign up to receive email daily and weekly bulletins HERE, some users prefer to download PDF reports of content while others prefer to garner info while browsing the web. Our Chief Market Strategist Richard Suttmeier is a prolific market observer and you can find his content in a variety of places. His weekly column on Forbes provides insights into his "Buy and Trade" strategy while his daily market analysis can be followed and accessed at Scribd, Twitter, and Minyanville. Senior Editor Steve Hach re-posts PDFs and web-accessible copies of Daily and Weekly ValuEngine bulletins at Seeking Alpha and Scribd. In most cases, you can receive notification of VE content posting by Suttmeier and Hach by following the ValuEngine feed on twitter @ValuEngine. Links for this content are provided below, you may also find these links on our website HER

Intelligent Investing with Richard Suttmeier

Articles by Richard Suttmeier | Articles by Steve Hach

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