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Disney and Priceline Headline Thursday's Earnings

NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on 11 companies in nine sectors including Dow component Disney (DIS - Get Report) which reports in afterhours trading on Thursday and Priceline (PCLN - Get Report) which also reports afterhours Thursday. It will be interesting to see whether or not Priceline can stay above a grand a share.

The eight sectors include two stocks from the consumer discretionary sector and two from the industrial products sector, and one each in these sectors; auto-tires-trucks, computer and technology, construction, consumer staples, medial, oils-energy and retail-wholesale.

With the stock market near all-time -- multi-year highs, and with the yield on the 30-year Treasury bond rising to 3.75%, the ValuEngine valuation warning intensified to a year to date high with 83.3% of all stocks overvalued. The percent of all stocks overvalued by 20% or more is also at a 2013 high at 53.3%. We still show that 15 or 16 sectors are overvalued by double-digit percentages, with 12 overvalued by 20.4% to 28.1%.

The auto-tire-trucks sector is 25.9% overvalued with an underweight rating. Of the 96 stocks 43.8% in this sector have sell or strong sell ratings.

The computer and technology sector is 24.9% overvalued with an overweight rating. Of the 1149 stocks 50.7% in this sector have buy or strong buy ratings.

The construction sector is 21.9% overvalued with an underweight rating. Of the 158 stocks 58.2% in this sector have sell or strong sell ratings.

The consumer discretionary sector is 24.2% overvalued with an equal-weight rating. Of the 400 stocks 83% in this sector have hold ratings.

The consumer staples sector is 18.6% overvalued with an overweight rating. Of the 260 stocks 49.6% in this sector have buy or strong buy ratings.

The industrial products sector is 24.9% overvalued with an underweight rating. Of the 346 stocks 43.6% in this sector have sell or strong sell ratings.

The medical sector is 21.6% overvalued with an equal-weight rating. Of the 777 stocks 58.3% in this sector have hold ratings.

The oils-energy sector is 11.0% overvalued with an underweight rating. Of the 551 stocks 31% in this sector have sell or strong sell ratings.

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SYM TRADE IT LAST %CHG
DIS $105.44 0.00%
PCLN $1,149.60 0.00%
AAPL $124.25 0.00%
FB $81.66 0.00%
GOOG $542.56 0.00%

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

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