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August 15, 2014

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VALUATION WARNING: Our Valuation WARNING is back ON. Overvalued
stocks now make u !!" o# our stocks assi$ned a valuation and %%.!&"
o# t'ose e(uities are calculated to be overvalued b) %*" or more. ALL
sectors are calculated to be overvalued++#our b) double di$its.
MARKET OVERVIEW
Inde, -tarted week .rida) A/ 0'an$e 0'an$e " )td
12IA %&''(")( %&&*+", &%.*3 *.4!" *.55"
NA-1A6 *,-(",- **'. !%.!% 7.53" !.44"
RU--8LL %*** %%,&"*- %%*-"-, 7%.34 7.*&" +7.%9"
-:; 4** %+,,"*, %+*-"+, 74.4 *.<*" 4.55"
-ummar) o# V8 -tock Universe
-tocks Undervalued 35.**"
-tocks Overvalued !!.**"
-tocks Undervalued b) %*" &.&3"
-tocks Overvalued b) %*" %%.!&"
SECTOR OVERVIEW
-ector 0'an$e /T1 =T1 Valuation Last 7%+/
Return
;>8
Ratio
Aerosace -."%*/ %"%(/ -%"'&/ +"),/ overvalued )&",%/ %+",-
Auto+Tires+Trucks .")./ %".&/ ,"')/ -"',/ overvalued %*"'&/ %&"+(
?asic /aterials -.",&/ ."(*/ -"&+/ '"&./ overvalued -"*'/ )("&
?usiness -ervices ."../ %".*/ .",'/ &"+'/ overvalued %&"../ )'"%(
0omuter and Tec'nolo$) -.".*/ ."')/ ,"%+/ %)"--/ overvalued %%"+&/ ,)"'
0onstruction ."-,/ )"+&/ %"&*/ ,"*)/ overvalued %)".+/ )'"&
0onsumer 1iscretionar) ."'./ %"*-/ -."%,/ -",(/ overvalued %%".(/ )&"&&
0onsumer -tales .",,/ %"(./ '",+/ %,",,/ overvalued %)"*)/ )*"&)
.inance .")*/ %")./ ,"%*/ -")(/ overvalued +".*/ %-
Industrial ;roducts ."%)/ ."*(/ -."'*/ ("*./ overvalued %)".+/ ))"*)
/edical ."'*/ %"%./ -".-/ +"(./ overvalued ),"%+/ )-"+(
/ulti+-ector 0on$lomerates ."%(/ ."-%/ ,"()/ %%"-'/ overvalued %)")./ ),"),
Oils+8ner$) -.")./ ."**/ %,"%,/ +"&&/ overvalued %("+&/ )-
Retail+W'olesale ."')/ %",%/ -*"%./ '"('/ overvalued ."-./ )*"*%
Transortation ."*&/ %"'%/ &"%(/ %%"(./ overvalued )&"&,/ )%"&,
Utilities ."*)/ ."%./ &"(&/ '"''/ overvalued %%",&/ )."+)
ValuEngine Newsletters atest Results
V8 Newsletter 0urrent /ont' Total -:; 4** Last /ont' Total -:; 4** -ince
Incetion
-:;
4**
.orecast /N- +!.3!4957&35 +7.34 !.4< 7.<3 &<.!7 77!.**
1ividend -tock +3.4& +7.<! %.<& 7.*9 %4.%9 %9.9<
-mall 0a -tock *.<9 +7.3! +%.*9 *.9% %&.*& 5%.37
View *.3& +7.9! %.7< %.*5 7%5.54 95.&<
Se!t"r Tal#$In%ustrial &r"%u!ts
Below, we present the latest data on leading Industrial Products Sector stocks
from our Institutional software package (VEI. These results were filtered by market
price and volume--no results below !"share or less than #$$k shares"day volume.
To+.ive Industrial ;roducts -ector -tocks++-'ort+Term .orecast Returns
Ticker Name /kt ;rice Valuation@"A Last 7%+/
Retn@"A
;BG 012314I54 2670 &'"'+ -%'".' %+"&)
A00O 1226 87159: 20 ( -+"%- -%"-)
18 9EE7E ; 26 -*"-+ -*"%) ,"%
/NTC <15ITE= I5T I52 %)".' -)"+& %'"+-
8N- E5E7:>: I52 &%"(( -%"' %&",+
To+.ive Industrial ;roducts -ector -tocks++Lon$+Term .orecast Returns
Ticker Name /kt ;rice Valuation@"A Last 7%+/
Retn@"A
;BG 012314I54 2670 &'"'+ -%'".' %+"&)
A00O 1226 87159: 20 ( -+"%- -%"-)
18 9EE7E ; 26 -*"-+ -*"%) ,"%
/NTC <15ITE= I5T I52 %)".' -)"+& %'"+-
8N- E5E7:>: I52 &%"(( -%"' %&",+
To+.ive Industrial ;roducts -ector -tocks++0omosite -core
Ticker Name /kt ;rice Valuation@"A Last 7%+/
Retn@"A
;BG 012314I54 2670 &'"'+ -%'".' %+"&)
18 9EE7E ; 26 -*"-+ -*"%) ,"%
8N- E5E7:>: I52 &%"(( -%"' %&",+
AO- :<IT? @16A 2670 *-",' -%,")& %*",
TT8B TET71 TE2? 5EW )'",' -*")( %%"),
To+.ive Industrial ;roducts -ector -tocks++/ost Overvalued
Ticker Name /kt ;rice Valuation@"A Last 7%+/
Retn@"A
;LUG 0BC4 06WE7 I52 &"%% --"), %*)&")'
NOR 5671591 1BC<I5< *"& &."+( *&".,
N;O E5076 I59C: I52 &&",& &."&+ %)"(*
DOLI ?6BB>:>: 1CT6<T ))"+) *-",* &("(+
2?T D6?5 8E15 TE2? )-"'' ,+"%( )(")-
Find out what Wall Street Investment and Media Professionals already know,
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#$ $%&I'()I$#, *+ ,(-
F.EE ).I(&/
To -i$n U #or a
.R88 TRIALE
;lease 0lick
D8R8
'ree ("wnl"a% )"r Rea%ers
(s a 0onus to our Free Weekly #ewsletter su0scri0ers, we are offering a F.EE
,$W#&$(, of one of our Stock .eports
ST%&'%(' P%)I*I) )+(P. operates primarily as a geographically diversified builder
of medium-priced single-family homes with a ma,ority of its operations in )alifornia. In
addition, )o. assists homebuyers in obtaining financing for home purchases through
Standard Pacific Savings. )o. is also engaged in the manufacture and marketing of
moveable and acoustical office partitions and office furniture. .
-alu.ngine updated its recommendation from B/0 to ST(+&1 B/0 for ST%&'%('
P%) on 2$#3-$4-#3. Based on the information we have gathered and our resulting
research, we feel that ST%&'%(' P%) has the probability to +/TP.(*+(5 average
market performance for the ne6t year. The company e6hibits %TT(%)TI-. P". (atio
and )ompany Si7e.
(s a 0onus to our #ewsletter readers,
we are offering a F.EE ,$W#&$(, of one of our Stock .eports
.ead our 1omplete ,etailed Valuation .eport on Standard Pacific D8R8.
W*at+s ,"t
""$vervaluation 1reeps %ack 2p
-alu.ngine tracks more than 8$$$ /S e9uities, %'(s, and foreign stock which trade
on /S e6changes as well as :#$$$ )anadian e9uities. ;hen .PS estimates are
available for a given e9uity, our model calculates a level of mispricing or valuation
percentage for that e9uity based on earnings estimates and what the stock should
be worth if the market were totally rational and efficient--an academic e6ercise to be
sure, but one which allows for useful comparisons between e9uities, sectors, and
industries. /sing our -aluation 5odel, we can currently assign a -. valuation
calculation to more than 24$$ stocks in our /S /niverse.
;e combine all of the e9uities with a valuation calculation to track market valuation
figures and use them as a metric for making calls about the overall state of the
market. %s of yesterday<s close, we now calculate that ==> of stocks are overvalued
and 22> of those stocks are overvalued by 2$> or more. Thus our short respite from a
-aluation ;arning--which began last week--is over and the -aluation ;arning is
back +&. This may fluctuate a bit with the ups and downs of the market because =?>
is our cutoff. ;e<ll keep an eye on this metric.
""1anadian Stock 1overage (dded
%t -alu.ngine, we constantly evaluate the state of the market and provide our
subscribers with ob,ective, reliable, and actionable information. %nd now, we are
very pleased to announce that we have ,ust increased our stock coverage for
website subscribers by including our entire )%&%'I%& ST+)@ /&I-.(S. as part of our
award-winning stock valuation and forecast service. That<s right, -. now provides
coverage of :#$$$ )anadian e9uities right on -alu.ngine.com. This e6tra coverage
was previously only available to our institutional clients within )anada but now every
subscriber can access this new database.
0lick D8R8 to -i$n U #or Valu8n$ineFs -tock Anal)sis /embers'i
Premium 5embership on -alu.ngine.com gives you access to the complete
-alu.ngine toolbo6. 0ou<ll have everything you need to make the -. Stock .valuation
5odels work for you and substantially increase your chances of success in the 5arket.
Premium 5embership includes access to all of our website<s powerful investment
tools.
Valu8n$ineFs Award Winnin$ -tock Valuation and .orecast -ervice++
NOW WITD 0ANA1IAN -TO0B 0OV8RAG8
Sutt-eier Sa.s
""1ommentary and (nalysis from 1hief Market Strategist
.ichard Suttmeier
If you have any co!!ents or "uestions, sen# the! to
Rsutt!eier$%!ail&co!
'reasury (iel#s
#$-0ear--A2.3$B 5onthly, 9uarterly value levels are 2.?3? and .$34 with a weekly
pivot at 2.32$ and daily, annual and semiannual risky levels at 2.88, 2.2=, #.CCC and
#.88C.
$-0ear Bond D A.#CB % 9uarterly value level is .C8# with annual and weekly pivots
at .24 and .2?, and daily, monthly, annual and semiannual risky levels at .#4?,
.#84, .#$8 and .$42.
Co!!o#ities an# )ore*
)ome6 1old DA!##.CB 5onthly, and 9uarterly value levels are !#$3. and !#23.=
with daily, weekly, semiannual and annual risky levels at !#2C$.8, !#?2., !#=#.$,
!#84.8, !#838.3 and !#4#4.4.
&yme6 )rude +il D A!C?.?$B &o value levels with weekly and daily pivots at !C=.3? and
!C?.=$ and semiannual, annual, monthly and 9uarterly risky levels at !#$=.34, !#$8.?2
and !#$8.8$.
The .uro D A#.=8B 5y semiannual value level is #.22$ with daily and annual pivots at
#.2C and #.42 and weekly, monthly and 9uarterly risky levels at #.3C4, #.8$ and
#.3$8C.
+a,or In#ices
'aily 'ow-- A#=8#3B 'aily, semiannual and annual value levels are #=?3,
#=#$, #34? and #3=8 with weekly and monthly risky levels at #=44? and
#=48#, the Euly #8 all-time intraday high at #8#?#.?=, and 9uarterly and
semiannual risky levels at #88? and #4??2.
SFP ?$$ D A#C??.2B 'aily, semiannual and annual value levels are #C2C.$4,
#84C., #?C.# and #332.# with weekly and monthly risky levels at #C8C.4 and
#C8$.2, the Euly 23 all-time intraday high at #CC#.C, and 9uarterly and
semiannual risky levels at 2$?2. and 2$4$..
&%S'%G D A33?B 'aily, semiannual and annual value levels are 33$3, C82,
38# and $= with weekly and monthly risky levels at 33CC and 33?$, the
Euly multiyear intraday high at 334?.C and 9uarterly and semiannual risky
levels at 3?=C and 3=32.
&%S'%G #$$ A&'HB D AC=CB 'aily, monthly, 9uarterly, semiannual and
annual value levels are C#, C2?, 4C3, $84 and 2==C with the Euly 23
multiyear intraday high at CC8.?$, and weekly and semiannual risky levels
at 3$#$ and 3#$?.
'ow Transports D A423?B 'aily, semiannual and annual value levels are 4##4,
832, =23C and ?C? with weekly, monthly, 9uarterly and semiannual risky
levels at 43#2, 42C2, 42?= and 4338 and the Euly 2 all-time intraday high at
4?#?.$3.
(ussell 2$$$ D A##3.3B %nnual value levels are C==.82 and 48C.C with
semiannual and daily pivots at ##C.4# and ##32.2#, weekly and monthly
risky levels at ##?2.4? and ##?=.$#, the Euly # all-time intraday high at
#2#.??, and semiannual and 9uarterly risky levels at #24?.8 and #2C.##.
The S+H D A=#4.2=B 'aily, semiannual and annual value levels are =$4.C2,
=$4.$2, ?#2.C3, 8#.?4 and 8.83 with weekly and 9uarterly pivots at =2=.#=
and =2=.C=, the Euly #= multiyear intraday high =?2.24 and monthly risky
level at =?3.?$.
'ow /tilitiesI A?3?.C#B 'aily, semiannual and annual value levels are ?4.22,
?2.82 and 3C8.?, with 9uarterly and annual pivots at ?=.33 and ?34.8$,
weekly and monthly risky levels at ?=8.2= and ?8C.8, the Eune $ all-time
intraday high at ?8=.C4 and semiannual risky level at =#2.3C.
-tock of the .ay
+ne of the more popular features of (ichard Suttmeier<s 5orning Briefing for
investors is his stock of the day. In every issue, Suttmeier highlights one stock and
provides -. data as well as his own proprietary technical data.
Jere is today<s stock of the day from (ichard Suttmeier<s 5orning Briefing &ewsletterI
TEH )ompanies ATEHB D A!?.C=B The TEH )ompanies, Inc. is the leading off-price
retailer of apparel and home fashions in the /.S. and worldwide. The )ompany
operates T.E. 5a66, 5arshalls, and Jome1oods stores in the /nited States,
;inners, JomeSense, 5arshalls, and ST0K.S.&S. stores in )anada, and T.@. 5a66
and JomeSense stores in .urope. The TEH )ompanies, Inc. is head9uartered in
*ramingham, 5assachusetts.
%nalysis D TEH has a Buy rating according to -alu.ngine and is 3.3> undervalued
with fair value at !??.42 and one-year price target at !?=.8#. The daily chart
shows declining stochastics with the stock above its 2#-day and ?$-day simple
moving averages at !?.$ and !?.4C and below its 2$$-day simple moving
average at !?4.=4. 5onthly and annual value levels are !?2.32 and !?$.? with
semiannual and 9uarterly risky levels at !=$.== and !=.#=.
0ourtes) /eta-tock>Genit'
(ichard Suttmeier has been a professional in the /S )apital 5arkets since #C82
transferring his engineering skills to the trading and investment world. Je earned a
Bachelor of Industrial .ngineering degree from 1eorgia Institute of Technology in
#C==, and a 5aster of Science, +perations (esearch, Systems %nalysis degree from
Brooklyn Polytechnic /niversity in #C8$. +ver the years (ichard appeared many times
in the financial media, on networks such as )&B), )&&, )&&fn, &ew 0ork #,
Bloomberg T- and radio, *o6 Business, Business &ews &etwork in )anada, ;all Street
;eek with *ortune, 0ahoo *inance Breakout, and the Bill 5a7er (adio Show. (ichard
has been fre9uently 9uoted in /S% Today, The &0 Times, ;all Street Eournal, (euters,
and The 'ow Eones &ewswires.
Wit' Ric'ard -uttmeierFs
/ornin$ ?rie#in$E )ou $et
dail) anal)sis o# U-
Treasur) =ieldsE GoldE
0rude OilE and 0urrenc)
8,c'an$e Rates++1ollarE
=enE ;oundE and 8uro++as
well as ke) tec'nical
indicators #or t'e maHor
e(uit) avera$es.
0lick D8R8 to -i$n
U #or 0'ie# /arket
-trate$ist Ric'ard
-uttmeierFs
/ornin$ ?rie#in$I

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