As I discussed this morning, the end of the month mark-up has come right on schedule. Bernanke getting grilled earlier only kept the market from rallying even more, but we are motoring higher now. Let's take a look at what is working so far and what isn't.


Earnings Winners


Bed Bath & Beyond

(BBBY) - Get Report


Lennar Corp

(LEN) - Get Report

, and


(HTZ) - Get Report

: Raised guidance.

Upgrade Winners


Transocean Ltd.

(RIG) - Get Report


SLM Corp

(SLM) - Get Report



(IR) - Get Report



(DE) - Get Report



(GLW) - Get Report


Analog Devices

(ADI) - Get Report

, and


(JEF) - Get Report


Apple Inc.

(AAPL) - Get Report

: Shares trading up nearly $3 as the Nasdaq rallies.

Internet Giants



(GOOG) - Get Report






(AMZN) - Get Report

are trading higher as shares look to close the quarter in a strong way.

High-Beta Plays



(BLK) - Get Report


Intuitive Surgical

(ISRG) - Get Report

, and

Sears Holdings


are all looking strong today.


(FDX) - Get Report

: Has refused to sell off following poor earnings guidance.

Commodity Plays


Freeport McMoran

(FCX) - Get Report


Walter Energy


lead the way up.


Earnings Losers



(NKE) - Get Report



(PAYX) - Get Report


Red Ha


(RHT) - Get Report



(CAG) - Get Report

are all down after their reports.

Analyst Downgrades


First Solar

(FSLR) - Get Report


Automatic Data Processing

(ADP) - Get Report

, and



are trading down after their respective downgrades.

Research in Motion


: Shares still struggling following recent earnings outlook fumble.



(USO) - Get Report



(GLD) - Get Report

are starting to pick up steam to the upside.


are also up as interest rates pull back a touch. We are currently seeing the mark up of stocks from fund managers that are looking to chase some of the better performance names for the second quarter. If you are maintaining a short bias here, I would recommend stepping to the side and let the buyers do their thing here. I was very happy with our recent short-term plays we discussed here.

Shanda Interactive


basically moved $6 in a day. If you are still in the position, be sure to keep a trailing stop on the stock. No reason to give up any of the sweet profits.

Chasing stocks here is a bit risky, so you have to be very nimble and be willing to take what you can get. I prefer a better set up like we had early this week. The key is to win on the majority of your trades and not let one bad trade take away the profit of the previous 5 to 10 good moves. Many undisciplined traders tend to experience these scenarios. So be ready to sell just as quickly as you may be ready to buy, if the situation calls for it.

Be sure to visit our complete

recommended list of the Best Dividend Stocks

as well as a

detailed explanation of our ratings system

At the time of publication, the author had no positions in stocks mentioned, although positions may change at any time.

Tom Reese and Paul Rubillo are senior editors of Visit for more dividend stock ratings, picks, news, and analysis for long-term and income-seeking investors.