Wal-Mart Stores ( WMT) ($72.31 vs. $76.91 on Oct. 17): Reports earnings premarket Thursday. The stock has a buy rating according to ValuEngine with a reasonable P/E ratio and is above its 200-day SMA at $67.34. The stock set a multi-year high at $77.60 on Oct. 16. The weekly chart is negative with the 200-week SMA at $55.81. Investors and traders should employ a buy-and-trade strategy between the value level and risky level.

Dollar Tree ( DLTR) ($37.74 vs. $40.52 on Oct. 17): Reports earnings premarket Thursday. The stock has a buy rating according to ValuEngine with a reasonable P/E and is below its 200-day SMA at $47.99. The stock set an all time high at $56.81 on June 20 and traded to a new 2012 low at $37.10 on Nov. 9. The stock has a negative weekly chart profile with the 200-week SMA is $28.71. Investors and traders should employ a buy-and-trade strategy between the value level and risky level.

In Analyzing the Retail Stock Bubble on Oct. 17, I profiled HD, WMT and DLTR. HD is about unchanged, while WMT and DLTR are lower today.

Ross Stores ( ROST) ($55.22): Reports earnings premarket Thursday. The stock has a buy rating according to ValuEngine with a reasonable P/E ratio and is below its 200-day SMA at $61.87. The stock set a multi-year high at $70.821 on Aug. 20. The stock has a negative weekly chart profile with the 200-week SMA is $36.09. Investors and traders should employ a buy-and-trade strategy between the value level and risky level.

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 has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.

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