Dow stocks reporting quarterly results pre-market on Thursday:
UnitedHealth Group (UNH) ($68.36) set a multi-year high at $68.75 on July 10. My semiannual value level is $62.39 with a weekly pivot at $65.01 and semiannual risky level at $73.01.
Verizon (VZ) ($51.21) traded down from $54.31 on April 30 to a low of $47.77 on June 3. My semiannual value level is $42.34 with a semiannual pivot at $49.86 with a quarterly risky level at $51.27.
Reporting after the close on Thursday is Microsoft (MSFT - Get Report) ($35.68) set a multi-year high at $35.78 on June 7, which was challenged on Thursday. My monthly value level is $32.41 with a quarterly pivot at $33.52 and semiannual risky level at $35.89.(GE - Get Report) ($23.94) was upgraded to buy from hold according to ValuEngine at the beginning of the month. The stock set a multi-year high at $24.45 on June 18. My quarterly value level is $22.75 with a monthly pivot at $23.99 and semiannual risky level at $26.68. At the time of publication the author held no positions in any of the stocks mentioned. Follow @Suttmeier This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.