September 6, 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 75% of our stocks assigned a valuation and 40 % of those equities are calculated to be overvalued by 20% or more. 15 of 16 sectors are calculated to be overvalued--13 of them by double digits. MARKET OVERVIEW

Index
DJIA NASDAQ RUSSELL 2000 S&P 500

Week Open
14801.55 3622.64 1019.48 1635.95

Thurs. Close
14937.5 3658.78 1028.69 1655.08

Change
135.95 36.14 9.21 19.13

% Change
0.92% 1.00% 0.90% 1.17%

YTD
12.91% 19.85% 20.41% 15.04%

Summary of VE Stock Universe

Stocks Undervalued Stocks Overvalued Stocks Undervalued by 20% Stocks Overvalued by 20% 24.47% 75.53% 9.27% 40.02%

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
0.29% 0.58% -0.10% 0.59% 0.52% 0.20% 0.37% -0.43% 0.08% 0.19% 0.44% 0.69% 0.50% 0.38% 0.92% 0.16%

MTD
1.22% 3.51% 1.45% 1.42% 2.59% 0.97% 1.55% 0.51% 1.31% 1.45% 168.57% 2.46% 2.16% 1.62% 2.62% 0.00%

YTD
27.74% 44.40% 3.66% 20.69% 28.35% 22.03% 30.52% 14.84% 23.19% 26.12% 200.90% 6.58% 22.50% 30.84% 21.69% 8.98%

Valuation
21.29% overvalued 26.38% overvalued 2.12% undervalued 16.83% overvalued 22.19% overvalued 11.81% overvalued 20.90% overvalued 14.21% overvalued 15.44% overvalued 17.94% overvalued 19.28% overvalued 18.48% overvalued 6.07% overvalued 20.15% overvalued 22.34% overvalued 6.35% overvalued

Last 12MReturn
35.58% 42.68% -22.37% 24.84% 23.25% 29.60% 29.39% 18.08% 14.22% 31.52% 23.37% 16.44% 5.50% 33.95% 27.75% 6.62%

P/E Ratio
18.19 20.02 19.49 23.17 30.3 24.48 24.55 22.73 17.02 22.02 25.16 17.06 26.8 23.16 17.88 19.35

ValuEngine Newsletters Latest Results

VE Newsletter Forecast MNS Dividend Stock Small Cap Stock View Current Month Total
1.99 -1.17 1.05 -0.38

S&P 500
-1.8 -0.11 0.37 0.17

Last Month Total

1.49 -3.72 -6.67 -3.93

S&P 500
0.17 -2.27 -2.57 -1.43

Since Inception
96.25 3.44 36.62 69.34

S&P 500
84.49 6.74 21.97 45.91

Sector TalkConstruction
Below, we present the latest data on leading Construction 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 Construction Sector Stocks--Short-Term Forecast Returns

Ticker
ACM OESX TREX WGO CX

Name
AECOM TECH CORP ORION ENERGY SY TREX COMPANY WINNEBAGO CEMEX SA ADR

Mkt Price
29.21 3.6 42.11 22.35 11.09

Valuation(%)
14.79 -29.07 -0.89 13.05 39

Last 12-M Retn(%)

46.64 123.6 36.5 93.01 50.77

Top-Five Construction Sector Stocks--Long-Term Forecast Returns

Ticker
ACM OESX TREX WGO PGTI

Name
AECOM TECH CORP ORION ENERGY SY TREX COMPANY WINNEBAGO PGT INC

Mkt Price
29.21 3.6 42.11 22.35 10.65

Valuation(%)
14.79 -29.07 -0.89 13.05 31.16

Last 12-M Retn(%)

46.64 123.6 36.5 93.01 242.44

Top-Five Construction Sector Stocks--Composite Score

Ticker
ACM MTZ RYL CBI TPC

Name
AECOM TECH CORP MASTEC INC RYLAND GRP INC CHICAGO BRIDGE TUTOR PERINI CP

Mkt Price
29.21 32.42 34.42 59.71 18.68

Valuation(%)
14.79 0.81 2.95 0.49 18.56

Last 12-M Retn(%)

46.64 77.45 27.01 58.05 70.28

Top-Five Construction Sector Stocks--Most Overvalued

Ticker
BZH AYI TXI AAON SPF

Name
BEAZER HOMES ACUITY BRANDS TEXAS INDS AAON INC STANDARD PAC

Mkt Price
16.89 87.84 60.73 24.38 7.18

Valuation(%)
71.77 55.4 50.65 47.35 40.23

Last 12-M Retn(%)

14.9 34.74 58.03 99.07 4.66

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 should sign up for ValuEngine's award-winning To Sign Up for a stock valuation and forecast FREE TRIAL, service Please Click HERE 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 for Textron (TXT). Textron is a global multi-industry company with operations in five business segments - Aircraft, Fastening Systems, Industrial Components, Industrial Products and Finance. The company's products include commercial and military helicopters, light and mid-size business jets, plastic fuel tanks, automotive trim products, golf cars and utility vehicles, turf-care equipment, industrial pumps and gears, engineered fastening systems and solutions, and other industrial products. It also is a commercial finance company for select markets.

ValuEngine updated its recommendation from HOLD to BUY for TEXTRON INC on 2013-09-05. Based on the information we have gathered and our resulting research, we feel that TEXTRON INC has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and Price Sales Ratio.

Read our Complete Detailed Valuation Report on TEXTRON 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--(2.981) My semiannual value level is 3.227 with daily, monthly, weekly, annual, and semiannual risky levels at 2.856, 2.725, 2.625, 2.476, 1.981 and 1.719. Commodities and Forex Comex Gold ($1368.3) My monthly value level is $1224.6 with daily, weekly, annual, quarterly and annual risky levels at $1398.7, $1466.4, $1599.9, $1603.0 and $1852.1. Nymex Crude Oil ($108.33) Monthly and quarterly value levels are $105.67 and $91.75 with daily, semiannual, weekly and annual risky levels at $109.85, $109.84, $110.32 and $115.23. The Euro (1.3119) Daily, monthly and semiannual value levels are 1.3106, 1.3111, 1.2756 and 1.2477 with annual, weekly and annual risky levels at 1.3257, 1.3673 and 1.4295.

Major Indices Daily Dow: ((14,937) Daily, quarterly and annual value levels are 14,731, 14,288 and 12,696 with the August 2 all time high at 15,658.43, and weekly, monthly and semiannual risky levels at 15,389, 16,336 and 16,490. S&P 500 (1655.1) Daily, quarterly and annual value levels are 1624.6, 1525.6 and 1348.3 with the August 2 all time high at 1709.67, and weekly, monthly and semiannual risky levels at 1712.6, 1766.8 and 1743.5. NASDAQ (3659) Daily, quarterly and annual value levels are 3591, 3284 and 2806 with the August 5 multi-year high at 3694.18, and weekly, monthly and semiannual risky levels at 3763, 3772 and 3759. NASDAQ 100 (NDX) (3130) Daily, quarterly and annual value levels are 3075, 2983 and 2463 with the August 13 multi-year high at 3149.24, and weekly, monthly and semiannual risky levels at 3216, 3185 and 3304. Dow Transports (6380) Daily, annual and quarterly value levels are 6196, 5925, 5469 and 5348 with a weekly risky level at 6595, the August 1 all time high at 6686.86, and monthly and semiannual risky levels at 7061 and 7104. Russell 2000 (1028.69) Daily, quarterly and annual value levels are 1007.4, 863.05, 860.25 and 809.54 with the August 5 all time high at 1063.52, and weekly, monthly and semiannual risky levels at 1067.52, 1093.07 and 1089.42. The SOX (477.04) Daily, quarterly and annual value levels are 464.92, 404.59 and 338.03 with a weekly pivot at 467.37, and monthly and semiannual risky levels at 516.08 and 533.56. Dow Utilities: (471.86) No nearby value levels with daily and semiannual risky levels at 475.17 and 481.92 and weekly, quarterly, semiannual, monthly and annual risky levels at 509.84, 510.38, 523.33, 530.89 and 540.37. Stock of the Day Pepsico Inc (PEP) ($79.06) PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo's success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.

Analysis Pepsico Inc has been upgraded to Buy from Hold according to ValuEngine with fair value at $67.97, which makes the stock 17.0% overvalued. The ValuEngine one-year price target is $84.36. The daily chart for Pepsi shows rising momentum with the stock below its 21-day and 50- day simple moving averages at $80.96 and $82.70 but above its 200-day simple moving average at $77.92. My annual value level is $77.05 with semiannual and annual pivots at $78.50 and $79.02 and semiannual risky level at $84.27.

New Appearance Scheduled All SouthEast US ValuEngine Readers and Clients are cordially invited to:

"Buy and Trade Replaces Buy and Hold" An Evening with ValuEngine Chief Market Strategist Richard Suttmeier Florida AAII Chapter Meeting Wednesday, September 18, 2013 at 6:30PM University Club of Winter Park 841 N. Park Ave. Winter Park, FL 32789

FIND OUT MORE HERE

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. Every edition of Richard Suttmeier's ValuTrader model portfolio includes technical risk, pivot, and value levels, as well as critical ValuEngine data points-ratings, valuation, and forecast--for the current portfolio. Whenever Suttmeier buys a new stock or sells a current holding, subscribers receive an email alert so that they can take advantage of Suttmeier's proven market-timing expertise. The portfolio may include long as well as short positions according to Suttmeier's read of the markets. Click HERE to Sign Up for Chief Market Strategist Richard Suttmeier's ValuTrader Model Portfolio

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.

Click HERE to Sign Up for Chief Market Strategist Richard Suttmeier's Morning Briefing!

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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 HERE

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