Would be a real productive thing for a group like OM to use the cool collective tracking power to keep a running record of the performance of major sector standouts & moves thru earnings and their guidance & visibility. Really really very good to keep running discussions going on them for follow up trades.
Every qtr just follows the same progression so good to have at least 4 or 5 major players in every sector to tune into for more variety trading sake, more green trades short or long. Starts early from MON & ORCL then we hear from the Banks, Rails, Oil services group, major semis SNDK & INTC last week and notably EBAY & OSTK in online barter plus some healthcare with UNH.
Catch a few good a few trades early in the season is what you want do plus build a good sense of the state of health of each sector & how they are playing these. Like coming back into GOOG after the miss, popping the Rails, a couple of steel companys reported NUE & STLD that popped WLT.
SLB on friday sure rocked it, always a good trader, i took large positions in KO the day it sold off, 39.50 was holding like a champ all am, some you know they'll buy back into. MSFT was pretty telegraphed along with INTC, SNDK still on a roll but faded the top at 63 too as pattern proftakers stepped in at the high test.