Dykstra's DITM Call: Forest Labs

The heavy-hitters came to bat and delivered in the clutch on Wednesday, producing encouraging quarterly results and giving investors and market-watchers something to cheer about.

I had something to celebrate as well. Monday's pick, Dow Chemical(DOW Quote) turned in a win, as it reached the stop price, $1 above entry. As a reminder, whenever I enter a position, I immediately place a good-till-cancel order to sell $1 higher. .

As for those good quarterly figures, Intel(INTC Quote) and Coca-Cola(KO Quote) both crossed the plate with solid numbers earlier in the day and IBM(IBM Quote) wrapped up with a surprisingly strong report after the closing bell. JPMorgan(JPM Quote), who took a big dip from the same quarter last year, even beat the Street's expectations.

Online auctioneer eBay(EBAY Quote) also got in the mix, reporting better-than-anticipated first-quarter profits. Analysts were looking for earnings of 39 cents a share on revenue, before one-time charges, but the company reported profits of 42 cents a share for the period. ...