Earnings on Tap Tomorrow

Hard to make a judgement call on how the reaction will be since euphoria could be rampaging for now so everything that was bad could be good in 24 hours. So I'll just list the interesting names on the list coming tomorrow since emotion is unmeasurable. Same world economy that (judging by stock markets) was going to implode 8 days ago, now has no worries :) Amazing to watch the swings in emotion.

Cameron International (CAM) - another oil service name similar to fund holding Smith Interational (SII)

Gold Fields (GFI) - gold. inflation. South Africa.

Google (GOOG) - fund holding that I reduced today.

Intuitive Surgical (ISRG) - classic momentum stock that is the type that has been punished relentlessly in 2008.

Massey Energy (MEE) - fund holding in coal - metallurgical. Still love this group.

Mastercard (MA) - fund holding which has high valuation. It has held up very well but is exactly the type of name people have been selling off in panic the minute the earnings release hits the airwaves, no matter what the earnings release actually says. I cut back severely in the past week for "safety" reasons.

Peabody Energy (BTU) - fund holding in coal.

Procter & Gamble (PG) - classic safety bellweather stock.

Tesoro (TSO) - refiner. Group had a huge 1 day move earlier this week due to Valero (VLO) earnings.

Under Armour (UA) - already preannounced to the downside. I was considering adding under $30 a week ago. Now $38. Ugh.

So a busy day for the fund. 2 coal holdings and 2 relatively highly valued stocks that up to 1 hour ago, were the type sold heavily the minute they released the earnings release. We shall see how the reaction is tomorrow. I am hoping for some further sell off in the coal names to rebuild larger positions.