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Disney and Priceline Headline Thursday's Earnings

NEW YORK ( TheStreet) -- Today's buy-and-trade earnings previews focus on 11 companies in nine sectors including Dow component Disney (DIS - Get Report) which reports in afterhours trading on Thursday and Priceline (PCLN - Get Report) which also reports afterhours Thursday. It will be interesting to see whether or not Priceline can stay above a grand a share.

The eight sectors include two stocks from the consumer discretionary sector and two from the industrial products sector, and one each in these sectors; auto-tires-trucks, computer and technology, construction, consumer staples, medial, oils-energy and retail-wholesale.

With the stock market near all-time -- multi-year highs, and with the yield on the 30-year Treasury bond rising to 3.75%, the ValuEngine valuation warning intensified to a year to date high with 83.3% of all stocks overvalued. The percent of all stocks overvalued by 20% or more is also at a 2013 high at 53.3%. We still show that 15 or 16 sectors are overvalued by double-digit percentages, with 12 overvalued by 20.4% to 28.1%.

The auto-tire-trucks sector is 25.9% overvalued with an underweight rating. Of the 96 stocks 43.8% in this sector have sell or strong sell ratings.
[Read: <a target="blank" data-add-tracking="true" href="http://www.thestreet.com/story/12096658/1/dont-overlook-problems-at-st-jude.html"><em> Don't Overlook Problems at St. Jude</em></a>]

The computer and technology sector is 24.9% overvalued with an overweight rating. Of the 1149 stocks 50.7% in this sector have buy or strong buy ratings.

The construction sector is 21.9% overvalued with an underweight rating. Of the 158 stocks 58.2% in this sector have sell or strong sell ratings.

The consumer discretionary sector is 24.2% overvalued with an equal-weight rating. Of the 400 stocks 83% in this sector have hold ratings.

The consumer staples sector is 18.6% overvalued with an overweight rating. Of the 260 stocks 49.6% in this sector have buy or strong buy ratings.

The industrial products sector is 24.9% overvalued with an underweight rating. Of the 346 stocks 43.6% in this sector have sell or strong sell ratings.

The medical sector is 21.6% overvalued with an equal-weight rating. Of the 777 stocks 58.3% in this sector have hold ratings.
[Read: <a target="blank" data-add-tracking="true" href="http://www.mainstreet.com/article/career/work/life-balance/can-taking-long-lunches-get-you-fired"><em> Can Taking Long Lunches Get You Fired?</em></a>]

The oils-energy sector is 11.0% overvalued with an underweight rating. Of the 551 stocks 31% in this sector have sell or strong sell ratings.
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SYM TRADE IT LAST %CHG
DIS $114.97 0.00%
PCLN $1,143.07 0.00%
AAPL $126.44 0.00%
FB $87.28 0.00%
GOOG $523.40 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

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