This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Earnings Season Gathers Momentum

Risky Level: Price at which to enter a GTC limit order to sell on strength.

The six companies I cover today represent five overvalued sectors.

Companies reporting after the close on Wednesday:

American Express (AXP - Get Report) ($64.10) is a hold rated stock in the finance sector, which is 15.2% overvalued. American Express set a multi-year high at $67.75 on April 1. The weekly chart profile shifts to neutral with a close this week below its five-week modified moving average at $64.50 as momentum is projected to remain overbought. My monthly value level is $62.38 with a quarterly risky level at $67.93.

eBay (EBAY - Get Report) ($55.84) is a buy rated stock in the retail-wholesale sector which is 17.1% overvalued. The stock set a multi-year high at $58.04 last Thursday. The weekly chart profile is positive with the five-week MMA at $54.95. My quarterly value level is $53.14 with a monthly risky level at $59.49.

Companies reporting pre-market on Thursday:

Pepsico (PEP - Get Report) ($78.92) is a buy rated stock in the consumer staples sector which is 17% overvalued. Pepsico set a multi-year high at $80.48 last Thursday. The weekly chart profile is positive with extremely overbought momentum and the five-week MMA at $77.65. My annual value level is $77.05 with an annual pivot at $79.02 and weekly risky level at $82.33.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AXP $77.99 0.00%
EBAY $59.20 0.00%
PEP $95.17 0.00%
UNH $118.69 0.00%
UNP $107.51 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs