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United Technologies And Harley-Davidson Headline Tuesday's Earnings

Lockheed Martin (LMT - Get Report) ($128.90) set a multi-year high at $131.60 on Sept. 19 on strength that defies the risk of sequestration spending cuts. The hold rated defense stock has an annual value level at $112.40 with a quarterly pivot at $128.16 and monthly risky level at $134.36.

Nabors (NBR - Get Report) ($17.80) is attempting to return to its 2013 high at $18.24 set on Feb. 19. The hold rated land drilling contractor in the oil and gas industry has a monthly value level at $14.89 with an annual pivot at $18.49 and quarterly risky level at $19.15.

Panera Bread (PNRA - Get Report) ($159.90) has had its share price sliced to $155.07 on Oct. 9 well below its 200-day SMA at $172.44. The buy rated retail bakery-cafe has an annual value level at $145.66 with a weekly pivot at $157.53 and semiannual risky level at $179.90.

Regions Bank (RF) ($10.11) is attempting to return to its multi- year high at $10.52 set on July 24. The hold rating regional bank has a semiannual value level at $9.81 with a monthly pivot at $10.20 and quarterly risky level at $11.83.

Travelers (TRV) ($86.58) traded down from $87.53 on Sept. 19 to $82.24 on Oct. 9 and is trying to get back to the high. The hold rated provider of commercial property and liability insurer and Dow component has a semiannual value level at $72.35 with a semiannual pivot at $85.15 and monthly risky level at $87.46.
[Read: <a target="blank" data-add-tracking="true" href=""><em> McDonald's: Dynamics of Current Environment Will 'Persist'</em></a>]

United Technologies (UTX) ($107.74) set a multi-year high at $112.46 on Sept. 19 then traded down to $102.21 on Oct. 9. The buy rated conglomerate is a Dow component has a semiannual value level at $96.86 with a monthly pivot at $107.61 and monthly risky level at $108.97.

Whirlpool (WHR) ($133.43) set a multi-year high at $151.84 on Sept. 19 then declined to $129.22 on Oct. 14. The hold rated appliance maker has a semiannual value level at $130.26 with a monthly risky level at $138.68.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.
Richard Suttmeier is the chief market strategist at AlphaPlus Analytics in addition to He has been a professional in the U.S. Capital Markets since 1972, transferring his engineering skills to the trading and investment world.

Suttmeier has an engineering degree from Georgia Tech and a Master of Science degree from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. He became the first long bond trader for Bache in 1978, and formed the Government Bond Department at LF Rothschild in 1981, helping establish that firm as a primary dealer in 1986. This experience gives him the insights to be an expert on monetary policy, which he features in his newsletters, and market commentary.

Suttmeier's industry licenses include, Series 7 and Registered Principal (Series 24). He has been the Chief Market Strategist for since 2008 and often appears on financial TV.

Click here for details on Suttmeier's "Buy and Trade" investment strategy.

Richard Suttmeier can be reached at
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