Suttmeier, a former U.S. Treasury trader and trading manager in the primary dealer community, has more than 40 years of experience in the U.S. financial markets. Suttmeier is an engineer by education with a master of science degree. He has been writing newsletters and market commentaries since 1984, and his engineering and trading background are the foundation for the combined fundamental and technical analysis used in the stories he writes exclusively for TheStreet.com.
Facebook: Financial Market Strategist
Google: Richard Suttmeier
Recent Articles By The Author
Tech-Heavy Nasdaq, India's Nifty 50, Preventing Global Stock Market Correction
Market volatility continues as the Dow 30, S&P 500, transports, Russell 2000 may end the week with neutral weekly charts. The Nasdaq will have a positive but overbought weekly chart.
Homebuilders Set Post-Election Highs, Materials Stocks Lag
Book profits on homebuilder stocks as builder sentiment falls 3 points in April, while single-family starts slip in March.
'Flight to Safety' Treasury Bonds, Gold, Utilities Lure Investor Dollars
As U.S. Treasury bond yields fall, the bond ETF rallies, which helps the gold bullion and dividend-rich utilities stocks ETFs rise in tandem.
Lower Interest Rates Hurt Financial Sector ETF, Help REITs ETF
The dynamics among 11 S&P 500 sector ETFs are difficult to decipher. REITs, consumer-related, energy, utilities, technology have rising or overbought momentum, materials, industrial, financial, health care, transports do not.
PowerShares QQQ Remain Overbought, Diamonds, Spiders, Transports, Small Caps Negative
The exchange traded funds Diamonds, Spiders, transports and small caps have been downgraded to negative, QQQ's remain positive but overbought, but could soon be downgraded as well.