Handicapping 11 Key Stocks That Report Earnings This Week

NEW YORK (TheStreet) -- The drum roll begins as investors await second-quarter earnings results from Apple(AAPL) after the close on Tuesday.

But Apple isn't the only heavyweight company reporting results this week. There are also eight Dow Jones Industrial Average components, shipping giant United Parcel Service(UPS) and e-commerce titan Amazon.com(AMZN) .

One of these stocks is from the utilities sector, one is from transportation, one is from the computer & technology sector, one is from the industrial products sector, one is from aerospace, two are from the multisector conglomerates sector, two are from oils-energy sector, one is from the retail-wholesale sector, and one is from the medical sector.

To review valuations and performance measures for these sectors go to www.ValuEngine.com.

Last week was an interesting one for the stock market. After a soft start on Monday the Dow Industrial Average had higher daily highs through Thursday, followed by Friday's decline.

The Dow Industrial Average ended the week up just 46 points. Last week's pivots came into play with the Dow moving above my weekly pivot at 12,907, but then ending the week below that level.

Thursday's highs were failed tests of my weekly risky levels at 1378.1 on the S&P 500 and 2976 on the Nasdaq. The weekly close was the third in a row below my annual pivot at 1363.2 on the S&P 500.

The weekly chart for the Dow Industrial Average ended last week positive with rising momentum (12x3x3 weekly slow stochastic) and a weekly close above the five-week modified moving average at 12,750.

The 200-week simple moving average is 10,726 with annual and semiannual value levels at 12,312 and 10,738, respectively.

The weekly pivot is at 12,913, and monthly, annual and quarterly risky levels at 13,473, 14,032 and 14,493, respectively.