The bulls kept the momentum going last week in a big way, but earnings season has probably seen its peak as far as big names reporting, so it will be interesting to see if they can keep it going once the tailwind of earnings is gone. I'd love to see some pullbacks and consolidation, but whether we get that or not is another matter entirely. Powerful momentum in both directions has a tendency to not go away without a fight, so let's see what happens. I think the bulls will be able to hold the market up through the week as end-of-the-month support will set in. At the end of the month, and especially at the end of the quarter, the markets tend to have a bullish bias as the institutions do their best to mark up their positions to make their performance look better.
Earnings will continue to pour in this week, too. I use www.earnings.com as my source for earnings reports. These are very important to follow because they have a way of scrambling up the charts. I don't like being in stocks before they report earnings unless I am somehow hedged, be it through reducing my position size or some options action or whatever. I've come to view earnings as a very binary event, a coin flip, if you will. Loading up heavily one way betting on the outcome of a report AND the market's reaction is a very risky endeavour.
The same listing convention still applied. If it reports after the close Tuesday or before the open Wednesday or is shown as Wednesday with no given time, it is listed here as Tuesday. I've also listed the previous Friday's here, too.
I have bold-faced reports that could potentially affect present picks.
Friday: ACV, ANR, BOH, BWP, CYOU, CALM, GLW, EPD, HON, ICO, LO, RSH, SOHU, TZOO, TLAB, VZ
Monday: ACE, AMGN, BWLD, CF, GLW, CR, HMA, HXL, MTW, MAS, MTH, OLN, OMI, PCL, RCII, TRID, BEAV, BP, CE, CRDN, CBI, CHKP, COH, CVH, CPO, CYNO, DB, DIN, ELNK, FPL, GPI, IMA, JEC, FSTR, MEAN, NOV, ODP, PCAR, ORB, ROK, SII, SVU, TEVA, TXT, MHP, UA, X, VLO, VIA, WAT,
Tuesday: COLM, CMP, DWA, FTI, HTZ, LUX, MEE, MCK, MEOH, MRH, NSC, PNRA, GOLD, WDC, XL, AET, AKAM, ALVR, AMT, MT, ACAT, BWA, BPO, CETV, COP, DAI, DFG, GD, HL, HES, HMC, HSP, JNY, ID, LAZ, MSO, MW, MHS, MCO, NYB, OII, PENN, PAG, PX, Q, SNY, SAP, SO, S, SYMC, TASR, TKR, TWC, TWX, VPHM, WPI, WLP, WYN,
Wednesday: AFL, AMAG, AMKR, AIZ, AVB, CBT, CBG, CMO, CX, CERN, CLF, CYTK, XRAY, ESRX, FLS, GNK, GG, GVA, GMCR, HBI, HIG, ITRI, KALU, LNC, MANT, MTZ, NETL, NTRI, OIS, ORLY, PRAA, RYL, SEE, RGR, TTEC, TER, TSO, TTEK, TSCM, TRN, VAR, V, ADPT, AKNS, ALU, APA, AMSC, ARJ, ABG, ADP, AVP, RATE, ABX, BDX, BC, BBW, CAB, CRS, GTLS, CI, CINF, CL, CNX, CMI, EK, EXPE, XOM, BEN, GNW, GT, GOLF, HP, HOKU, IP, IRM, KBG, K, KM, KMT, KYO, LVLT, LVS, LZ, MA, MFE, MOT, NWL, NBL, OMX, NYX, ZEUS, OPWV, OSK, PH, PTEN, PCZ, RYN, COL, STRA, TSM, DOW, TRV, TYC, WMI, WEC, WYNN, XEL,
Thursday: AB, ARBA, BEZ, BMRN, CEC, CPHD, DLB, FSLR, MET, MWW, PBI, RST, SLW, SWN, DIS, YRCW, AGN, AU, AIV, AN, BW, CVX, CEG, EGO, D, GHM, ITT, KDN, MTU, GAS, WPO, WY,
Friday: CLX, DGW, HBC, HUM, JRCC, MRO, MDU, MGM, TAP, MWA, OREX, POR, TM, TSL,
Position: none
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