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Cisco, Wal-Mart and Macy's Lead This Week's Earnings Parade

Kinross Gold (KGC) ($4.93) has been trading sideways to down below its 200-day SMA $5.98 since this average was around $9 on Jan. 24. The hold rated gold miner has a weekly value level at $4.68 with a semiannual risky level at $6.23.

Kohl's (KSS) ($57.03) set a multi-year high at $58.93 on Nov. 4. The buy rated family-oriented department store has an annual value level at $54.80 with a semiannual pivot at $56.05 and semiannual risky level at $60.88.

Macy's (M) ($46.18) is trading above its 50-day and 200-day SMAs at $44.51 and $45.01. The buy rated department store formerly know as Federated has a weekly value level at $44.73 with a semiannual pivot at $46.21 and monthly risky level at $50.24.

NetApp (NTAP) ($39.91) stayed above its 200-day SMA at $38.26 on Wednesday. The buy rated maker of computer storage devices has a weekly value level at $38.30 with a quarterly pivot at $40.84 and a monthly risky level at $43.33.

Netease (NTES) ($66.64) stayed above its 200-day SMA at $61.69 on Thursday. The buy rated Internet software company focusing on China has a semiannual value level at $65.71 and a weekly risky level at $68.03.

Wal-Mart (WMT - Get Report) ($77.96) has been above its 50-day and 200-day SMAs at $75.03 and $75.20. The buy rated largest global retailer has a semiannual value level at $74.96 with a weekly pivot at $77.33 and monthly risky level at $80.39.

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
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