NEW YORK ( TheStreet) -- After the close on Tuesday Apple (AAPL - Get Report) ($406.13) reported what appeared to be better than expected earnings. Some say the EPS estimate was $10.00 per share, others said $10.18. So, was the result a beat by eight cents or a miss by nine cents? Apple did beat on the revenue line and once the stock halt ended, the share price surged to nearly $430.00 a share.I have been profiling Apple as a value play since the stock closed below my annual pivot at $510.64. The stock has been in my ValuTrader Model Portfolio with buy-and-trade strategies averaged in down to a buy at $416.29 on April 17. As soon as the stock touched $429.50 in after hours trading I send an alert to subscribers to reduce the position at $429.50. By 8 p.m. the stock was in the red at $403.95.
Travelers (TRV) ($86.35) beat EPS estimates by 30 cents earning $2.31 per share. The stock opened at $87.41 traded up to $89.00, then dipped to $85.76, as weekly and monthly pivots at $86.28 and $87.09 were strong magnets on this hold rated Dow component. It was a volatile ride for United Technologies (UTX) ($92.89) as the stock missed EPS estimates by two cents earning $1.28 per share. The stock opened slightly lower, but traded into the green with a day's high at $94.25 versus my semiannual pivot at $94.43. This buy rated Dow component then dipped to a day's low at $90.65 versus my annual value level is $90.05.