Sidelined For Earnings Season!

So Westport (WPRT) proved me wrong as the stock was playing tricks on me closing up +5.02% today!  This stock has been a firecracker since the beginning of December and yet it still pushes higher.  I love this company, but I can't comprehend as to why the stock continues higher.  I haven't seen any type of catalyst for Westport and I can't back this stock at the current price.  I can't really back any stock at the current price levels.

I'm holding strong on the sidelines with plenty of cash to invest, but I haven't had an opportunity to get back in.  I'm going absolutely crazy right now! I missed my opportunity to get back into WFT yesterday as I was going to play the oil service earnings of Schlumberger (SLB) on Friday.  SLB earnings determines the direction of the oil service companies.  If SLB is positive the rest of the competition goes up as well.  With Weatheford up +5.96% today it would an idiotic move to chase this stock into Friday. 

Another key move that I missed was Caterpillar (CAT) as the stock has moved up +13.56% from the last day I was in the market with my Monster Portfolio.  12/22/11 is the date.  That's right I have been out of the market since 12/22/11. 

The only thing I can do now is listen to all of the conference calls to determine my next investment opportunity.  The best thing I can do is be patient.  Right? 

Earnings Calendar-  Here is a helpful link to get the dates on the upcoming earnings releases

http://biz.yahoo.com/research/earncal/today.html pulled from Yahoo Finance 

I will be listening to the conference call on the following companies

SLB Earnings 01/20/2012

AAPL Earnings 01/24/2012  52 Week High today...

CAT Earnings 01/26/2012

WFT Earnings 02/21/2012

Have a great night!

"When in doubt buy more"

Clay-