Pulte Group ( PHM) ($19.34 vs. $18.61 on Dec. 19): Still has a buy rating and set a multi-year high at $19.80 on Jan. 9. The daily chart is positive but overbought with a positive but overbought weekly chart and with the five-week MMA at $18.13. My annual value level is $14.00 with a monthly pivot at $19.27 and weekly risky level at $20.09.

Ryland Group ( RYL) ($38.31 vs. $37.39 on Dec. 19): Has been downgraded to hold from buy and set a multi-year high at $39.22 on Jan. 9. The daily chart has a negative divergence in momentum with a positive weekly chart and the five-week MMA at $35.97. My quarterly value level is $28.90 with a monthly pivot at $37.26 and a weekly risky level at $38.49.

Standard & Pacific ( SPF) ($7.80 vs. $7.23 on Dec. 19): Still has a hold rating after setting a multi-year high at $8.08 on Jan. 9. The daily chart shows a negative divergence in momentum with a positive weekly chart profile and the five-week MMA at $7.30. My semiannual value level is $7.36 with a weekly pivot at $7.80 and monthly risky level at $8.00.

Toll Brothers ( TOL) ($34.91 vs. $32.51 on Dec. 19): Still has a buy rating with the stock below its multi-year high of $37.08 set on Sept. 21. The daily chart profile is overbought with a positive weekly chart profile and the five-week MMA at $33.05. My annual value level is $31.95 with a weekly pivot at $33.79 and monthly risky level at $37.19.

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 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 RSuttmeier@Gmail.com.

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