Dividend.com: Midday Playbook

The markets are rocketing higher on the backs of many earnings results from last night and this morning. Let's take a look at some of the winners and losers so far.

Bullish

Biggest Percentage Earnings Winners: EBay(EBAY Quote), VMware(VMW Quote), F5 Networks(FFIV Quote), Mosaic(MOS Quote), Tupperware(TUP Quote), Intuitive Surgical(ISRG Quote), Walter Energy(WLT Quote), Potash(POT Quote), Starwood Hotels(HOT Quote), Ford(F Quote), Philip Morris International(PM Quote), Hershey(HSY Quote), Ryder Systems(R Quote), International Game Technology(IGT Quote), 3M(MMM Quote), and Manpower(MAN Quote).

Other Notable High-Beta Winners: Wynn Resorts(WYNN Quote), First Solar(FSLR Quote), Monsanto(MON Quote), KB Home(KBH Quote), FedEx(FDX Quote), Sears Holdings(SHLD Quote), Netflix(NFLX Quote), Priceline(PCLN Quote), Green Mountain Coffee Roasters(GMCR Quote) and Amazon(AMZN Quote) are all shooting higher.

Commodity Plays: Gold(GLD Quote) and Oil(USO Quote) are rising, along with many commodity-related names.

Bearish

Earnings Losers: McDonald's(MCD Quote), C.R. Bard, Inc.(BCR Quote), Qualcomm(QCOM Quote), Sandisk(SNDK Quote) and Safeway(SWY Quote) are all not getting a lift from their results.

Analyst Downgrades: Boeing(BA Quote), Bank of NY Mellon(BK Quote), Shanda Interactive(SNDA Quote) and Changeyou.com(CYOU Quote) are all being held down on negative analyst ratings moves.

Treasuries(TLT Quote): Bonds are getting sold here, as the equity markets explode higher.

Ultrashorts: SRS, SKF, and DUG are the three plays that I mentioned traders should be monitoring. There was clearly no entry level or reason to play here yet.

What's the Trade?

There is no reason for traders to try and step in front of this speeding upside train by getting into any short positions. The AEM, X and BIDU short ideas I mentioned this morning did not allow for any solid entry points yet, so keep them on the watchlist only. If you are long some of today's winners, I would advise moving up your trailing stop to lock in even bigger gains.

Be sure to visit our complete recommended list of the Best Dividend Stocks as well as a detailed explanation of our ratings system.