Hormel Foods ( HRL) ($42.90) has attempted to break-out above $44 four times since Aug. 14. The hold rated provider of bacon, sausages, franks and canned meets has a semiannual value level at $40.93 with a weekly pivot at $43.95 and an annual risky level at $46.00.

Children's Place ( PLCE) ($52.29) ended last week just above its 200-day SMA at $52.07 after a week's high at $56.13. The buy rated specialty retailer of apparel and accessories for children up the 12 years old has an annual value level at $48.50 with a weekly pivot at $49.16 and an annual risky level at $57.18.

Tiffany ($81.08) set a multi-year high at $83.48 on Nov. 18. The buy rated retailer of luxury jewelry has a quarterly value level at $73.22 with a weekly pivot at $82.04 and a monthly risky level at $85.16.

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 ValuEngine.com. 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 ValuEngine.com 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 RSuttmeier@Gmail.com

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