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Chevron, Procter & Gamble, Tesla and More: How to Trade Earnings

NEW YORK (TheStreet) -- Four of the seven companies profiled today report quarterly results after the closing bell Thursday, and three report before the opening bell on Friday.

Tesla (TSLA - Get Report) reports after the closing bell Thursday and is the biggest year-to-date gainer, up 52%. In second place and also reporting after the close is Public Storage (PSA), which has a year-to-date gain of 16%.

The biggest year-to-date losers also report after the closing bell Thursday. Mohawk (MHK) is down 15%, and homebuilder Standard & Pacific (SPF) is down 14%.

Dow Jones Industrial Average components Chevron (CVX - Get Report) and Procter & Gamble (PG) report before the opening bell on Friday with Chevron up 5.8% year to date and Procter & Gamble down 4%. The Dow ended Wednesday up just 1.8% year to date.

Must Read: 8 Stocks George Soros Is Buying in 2014

Weyerhaeuser (WY) also reports before Friday's opening bell with this stock up just 0.8%, so investors may yell "Timber!" if there's an earnings miss.

Let's take a look at the stock profiles. Two "Crunching the Numbers" tables follow.

Chevron ($132.53) set an all-time intraday high at $135.10 on July 24, which was a test of my quarterly risky level at $134.81. The stock is above all five key moving averages in today's first "Crunching the Numbers" table.

Analysts expect the company to report earnings per share of $2.73. Chevron has a 12-month trailing price-to-earnings ratio of 12.9 and a dividend of 3.2%.

The weekly chart is positive with its five-week modified moving average at $129.85 and its 200-week simple moving average at $109.95. Monthly and annual value levels are $123.74 and $118.80, respectively, with an annual pivot at $132.08 and quarterly and semiannual risky levels at $134.81 and $154.29, respectively.

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