Facebook (FB) ($34.36) beat estimates by 4 cents earning 13 cents a share. The stock opened Thursday at $33.54 traded up to $34.00 then dipped to $32.75 before popping to a day's high at $34.88. Since Facebook is a May 2012 IPO, my model can only generate weekly and monthly levels, and the stock stayed above my monthly risky level, now a pivot at $32.29.
F5 Networks (FFIV) ($87.29) beat estimates by 2 cents earning 87 cents a share. The stock opened at $87.97 just above its 200-day SMA at $87.65. The day's high was $92.79 before closing below the 200-day SMA. Given opening strength buy-and-trade investors could have sold at my monthly risky level at $89.96.
Pepsico (PEP) ($85.55) beat estimates by 12 cents earning $1.31 a share premarket Wednesday. The stock opened at $86.70 then drifted to a low of $85.28 on Thursday. My monthly value level is $84.80.
Visa (V) ($194.61) beat estimates by 9 cents earning $1.88 a share. The stock traded up to a new multi-year high at $196.00 above my quarterly risky level, now a pivot at $193.54.Stocks continue to trade under a ValuEngine valuation warning with 76.7% of all stocks overvalued, 45.1% are overvalued by 20% or more. Fifteen of 16 sectors are overvalued, 14 by double-digit percentages. Here is my table of data for the five stocks reporting results on Tuesday: