NEW YORK (TheStreet) --As markets reach all-time highs, let's look at the stocks of six companies set to report earnings during the next two days.
It is important that investors and traders understand the risk/reward for a stock both before and after a company reports quarterly earnings.
The Dow Jones Transportation Average is up 12% year to date, setting an all-time intraday high at 8338.72 on Monday. Component CSX (CSX) lags the transportation average; it's up 8%.
These differentials are the reason investors and traders should focus on my two "crunching the numbers" tables, which provide current readings for both stock-specific fundamental data and simple readings of technical analysis.
The most important parts of the second table are action levels: value levels at which to buy on weakness and risky levels at which to sell on strength.