NEW YORK ( TheStreet) -- Today I am profiling earnings for eight stocks that I believe are the most important to track this week. Two are gold mining companies which have lagged the price of gold. Two are the major oils-energy stocks in the Dow Industrial Average. One is a benchmark for consumers' use of credit cards. Another is a big-cap pharmaceutical company in the Dow. I also included a major generic drug company and a chain of coffee shops.
Market technicals deteriorated last week with both the Dow Industrial Average and
ending the week with negative weekly chart profiles. The
were already negative. Dow transports ended last week with a neutral weekly chart.
we show that 11 of 16 sectors are overvalued. The five most overvalued are; construction by 17.0%, medical by 11.3%, retail-wholesale by 10.9%, finance by 10.8%, utilities by 10.4% and consumer staples by 10.4%.
Reading the Table
The stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.
A "1-engine" rating is a strong sell, a "2-engine" rating is a sell, a "3-engine" rating is a hold, a "4-engine" rating is a buy and a "5-engine" rating is a strong buy.
Last 12-Month Return (%):
Stocks with a red number declined by that percentage over the last twelve months. Stocks with a black number increased by that percentage.
Forecast 1-Year Return:
Stocks with a red number are projected to decline by that percentage over the next twelve months. Stocks with a black number in the table are projected to move higher by that percentage over the next twelve months.
The 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.
A level between a value level and risky level that should be a magnet during the time frame noted.
is the price at which to enter a GTC limit order to sell on strength.