On the Road Again with GM, but Ford rates a SELL

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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 1 9, 2010 – On the Road Again w it h GM, but Ford r at es a SELL

The 30-Year Fixed Rate Mortgage rose to 4.39 from 4.17 last week. I thought QE2 was supposed

to bring down rates to help Main Street USA create jobs? The yield on the 10-Year note appearsstuck between my annual value level at 2.999 and my annual pivot at 2.813. Gold tradesbetween its 50-day simple moving average at $1333.6 and my monthly pivot at $1373.0. Crudeoil is back above its 50-day at $81.04 with my semiannual pivot at $83.94. The euro remainsoversold and tested its 50-day at 1.3695 overnight. The Dow is between its 50-day at 10,995 andmy annual pivot at 11,235. In the ValuEngine Morning Briefing my “Stock of the Day” is Ford,which is fitting following Thursday’s successful IPO for General Motors.

10-Year Note – (2.906) Annual and daily levels are 2.999 and 3.032 with my annual pivot at 2.813,and weekly, monthly, quarterly and semiannual risky levels at 2.441, 2.380, 2.265 and 2.249.

Courtesy of Thomson / Reuters



Comex Gold – ($1353.5) Daily, quarterly, semiannual and annual value levels are $1325.5, $1306.4,$1260.8, $1218.7 and $1115.2 with monthly and weekly risky levels at $1373.0 and $1424.1.


Nymex Crude Oil – ($82.26) Monthly and annual value levels are $78.51 and $77.05 with daily andsemiannual pivots at $81.48 and $83.94, and weekly, semiannual and annual risky levels at $91.33,$96.53 and $97.29.




The Euro – (1.3642) Daily, quarterly and monthly value levels are 1.3365, 1.3318 and 1.2709 withweekly and semiannual risky levels at 1.4618 and 1.4733.


Daily Dow: (11,181) Daily, monthly, semiannual, annual and quarterly value levels are 10,988, 10,84810,558, 10,379 and 8,523 with annual, semiannual, and weekly risky levels at 11,235, 11,296, and11,579.




ValuEngine St oc k o f t he Day For d Mot or (F)

Ford Motor (F) – is rated a SELL according to ValuEngine with fair value at $12.32, which makes thestock 30.8% overvalued. Ford Motor Company produces cars and trucks. The company and itssubsidiaries also engage in other businesses, including manufacturing automotive components andsystems and financing and renting vehicles and equipment. The company is divided up into thefollowing four operating segments: Automotive, Visteon Automotive Systems, Ford Motor CreditCompany, and The Hertz Corporation. Ford declined on Thursday probably as institutional investors swapped into the new shares for General Motors. If Ford was a proxy for owningGeneral Motors and Ford is rated a SELL then the upside for the new GM should be limited.

Analysis – The daily chart for Ford shows overbought MOJO with the stock above its 21-day, 50-day,and 200-day simple moving average at $15.39, $13.91 and $12.59. My monthly value level is $13.14with a weekly pivot at $16.21 and no risky levels.


Ticker Company NameMkt

PriceFair

ValueForecast 1-

Mon Retn(%)Forecast 1-Yr Retn(%)

Last 12-MonRetn (%)

5-Yr AvgRetn (%)

P/ERatio

F FORD MOTOR 16.12 12.32 -0.72 -9.22 85.75 14.37 8.25



That’s today’s Four in Four. Have a great day.

Richard Suttmeier

Chief Market StrategistValuEngine.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.”

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On the Road Again with GM, but Ford rates a SELL