Bad News Sends Stocks To Woodshed

Kohl's (KSS) ($44.09 vs. $44.65 on Dec. 3): Has a buy rating, and my annual pivot at $44.22 should provide a magnet with my monthly risky level at $47.12. Without a value level consider the Sept. 12, 2011, low at $42.14 the key chart support.

TIBCO Software (TIBX) ($20.37): Has a hold rating and the stock was already below its 200-day SMA, when the bad news hit for this company. Last Wednesday's low was a test of the 200-week SMA at $18.99, which proved to be the price at which to catch this falling knife. My annual value level is $16.82 with an annual pivot at $20.05 and semiannual risky level at $23.99.

Tiffany (TIF) ($58.42 vs. $58.98 on Dec. 3): Still has a buy rating with the stock still below its 200-day SMA. The 200-week SMA is a buy level at $52.73. My monthly value level is $50.15 with a semiannual pivot at $57.66 and annual risky level at $64.07.

Vera Bradley (VRA) ($23.89): Has a buy rating and the stock gapped below its 200-day SMA following its reason to be taken to the woodshed. My monthly value level is $19.15 with my semiannual risky level at $27.05.

Verisign (VRSN) ($36.28 vs. $34.15 Dec. 3): Still has a hold rating and is well below its 200-day SMA. My weekly value level and 200-week SMA are prices at which to catch this falling knife at $32.13 and $31.42. My annual risky level is $42.50.

Yum! Brands (YUM) ($66.30 vs. $67.08 Dec. 3): Still has a buy rating and remains below its 200-day SMA. My monthly value level is $63.64 with quarterly risky level at $72.24.

At the time of publication the author held no positions in any of the stocks mentioned.

Follow @Suttmeier

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at [e-mail].

« First ‹ Previous 1 2 3