This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

AOL in a Moon-shot While Tesla Stalls in the Woodshed

Three Stocks We Did Not Profile Reported Monday.

Sysco (SYY) ($33.66) beat EPS estimates by 8 cents earning 56 cents premarket on Monday. The buy rated distributor of food and food related products traded up to $34.74 then came back down to $33.30 on Wednesday and closed above its 200-day SMA at $33.49. My weekly value level is $32.76 with a monthly risky level at $34.74, which was tested at the reaction high.

TravelCenters (TA) ($9.63) beat EPS estimates by 12 cents earning 56 cents a share premarket on Monday. The buy rated national chain of service centers that operate along the interstate highway system and caters to truckers has been downgraded to hold on strength to $10.24 on Tuesday. This is the stock that I wrote about a few times saying that it was a proxy for the extremely overvalued transportation sector as it traded down to $7.35 back on Aug. 27. The stock is now above its 200-day SMA at $9.22 so the reversion to the mean works in both directions. My weekly value level is $7.85 with a semiannual pivot at $9.32 and quarterly risky level at $10.24, which was tested at the high. This is a clear example of how my buy-and-trade strategy works.
[Read: <a target="blank" data-add-tracking="true" href=""><em> Heed Warning Signs on Intuitive Surgical</em></a>]

Vulcan Materials (VMC) ($56.18) beat EPS estimates by 7 cents earning 32 cents a share premarket on Monday. The sell rated producer of construction aggregates traded up to $60.14 on Monday then fell to a low of $55.87 on Wednesday. My semiannual value level is $47.42 with a weekly pivot at $56.92 and quarterly and annual risky levels at $66.86 and $66.89.

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

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier is the chief market strategist at AlphaPlus Analytics in addition to He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.

Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.

Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for since 2008 and often appears on financial TV.

Click here for details on Suttmeier's "Buy and Trade" investment strategy.

Richard Suttmeier can be reached at
3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AOL $0.00 0.00%
TSLA $240.76 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs