Reporting before the open on Thursday is UnitedHealth Group (UNH) ($52.82). It's expected to earn $1.20 per share. UNH set a multiyear high at $60.75 back on June 19, 2012. The daily chart is neutral, and the weekly chart is negative with the stock below its five-week MMA at $53.65. My annual value level lags at $44.08 with a monthly pivot at $53.61 and a semiannual risky level at $54.10.
Reporting most likely before the open on Thursday is Morgan Stanley (MS) ($20.17). It's expected to earn 29 cents a share, a downward revision from 31 cents a week ago. Even with a hold rating and lowered earnings estimate, the stock is just below its March 26, 2012 high at $21.19. The daily and weekly charts are both positive, with the stock above the five-week MMA at $18.56. My monthly value level is $15.13 with a weekly pivot at $20.80 and semiannual risky level at $28.29.
Reporting after the close on Thursday is Intel (INTC) ($22.00) - is expected to earn $0.45 per share. Intel is well below its multi-year high at $29.27 set on May 3, 2012. The daily chart just became overbought and the weekly chart is positive with the stock above the five-week MMA at $21.03 and the 200-week SMA at $21.60. My semiannual value level is $19.80 with a weekly pivot at $21.17 and quarterly risky level at $24.88.
Reporting before the open on Friday is General Electric (GE) ($21.13). It's expected to earn 43 cents per share. GE is well below its multiyear high at $23.19 from Oct. 5, 2012. The daily chart is neutral, and the weekly chart is positive with the stock on the cusp of the five-week MMA at $21.11. My semiannual value level is $19.17 with a quarterly pivot at $21.19 and monthly risky level at $22.26.Reporting before the open on Friday is Schlumberger (SLB) ($73.75). It's expected to earn $1.09 per share, up a penny from a week ago. SLB is well below its 52-week high at $80.78 Feb. 22, 2012. The daily chart is overbought, and the weekly chart is positive with the stock above the five-week MMA at $71.03 and the 200-week SMA at $69.06. My monthly value level lags at $64.50 with a weekly pivot at $72.39 and semiannual risky level at $94.62. At the time of publication, Suttmeier had no positions in stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
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