PulteGroup ( PHM) ($18.60 vs. $20.35 on Feb. 4) set a multi-year high at $21.97 on Jan. 28. The daily chart is negative and the weekly chart shifts to negative with a close this week below the five-week MMA at $19.34. My annual value level lags at $14.00, with this week's risky level at 21.50.

The Ryland Group ( RYL) ($34.29 vs. $38.46 on Feb. 4) set a multi-year high at $43.00 on Jan 30. The daily chart is negative and the weekly chart shifts to negative on a close this week below the five-week MMA at $36.91. My quarterly value level is $28.90 with a weekly risky level at $40.17.

Standard Pacific ( SPF) ($7.54) set a multi-year high at $8.69 on Feb. 1. The daily chart is negative and the weekly chart shifts to negative on a close this week below its five-week MMA at $7.75. My semiannual value level is $7.36 with a weekly risky level at $8.69.

Toll Brothers ( TOL) ($33.56) set a multi-year high at $38.36 on Jan 29. The daily chart is negative with a weekly chart that shifts to negative given a close this week below the five-week MMA at $35.03. My annual value level is $31.95 with a monthly risky level at $38.70.

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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