Forecast 1-Year Return: Stocks with a red number are projected to decline by that percentage over the next 12 months. Stocks with a black number in the table are projected to move higher by that percentage over the next 12 months. Value Level: Price at which to enter a GTC limit order to buy on weakness. The letters mean; W-weekly, M-monthly, Q-quarterly, S-semiannual and A-annual. Pivot: A level between a value level and risky level that should be a magnet during the time frame noted. Risky Level: Price at which to enter a GTC limit order to sell on strength.
American Express ( AXP) ($76.07) is trading above its 50-day SMA at $74.75, but the hold rated credit card giant has been trading sideways to down since testing its 2013 high at $78.63 on July 15. My weekly value level is $74.28 with a semiannual risky level at $78.27. Bank of America ( BA) ($14.35) closed Monday just above its 50-day SMA at $14.30. This 'too big to fail' money center bank has been downgraded to hold from buy this morning and is well above its 200-day SMA at $13.01 with a weekly pivot at $14.09 and monthly risky level at $15.03. eBay ( EBAY) ($54.77) is above its 50-day and 200-day SMAs at $53.39 and $53.76. This buy rated retail-wholesale stock has a semiannual value level at $51.69 with a weekly pivot at $54.49 and semiannual risky level at $56.21. IBM ( IBM) ($186.97) is just above its 50-day SMA at $186.81. The buy rated IT giant has an annual value level at $171.70 with the weekly pivot at $187.16 and monthly risky level at $188.81.
Mattel ( MAT) ($41.94) is between its 50-day and 200-day SMAs at $41.88 and $42.39. The hold rated toy and game company has a semiannual value level is $40.05 with a weekly pivot at $42.05 and semiannual risky level at $46.51. M&T Bank ( MTB) ($114.88) is just above its 50-day SMA at $114.25. The hold rated regional bank has a weekly value level at $110.75 with a monthly pivot at $114.23 and quarterly risky level at $125.25.