Earnings season is really beginning to ramp up and tomorrow will be the busiest day yet.  IBM reported stellar reports after the bell today and earnings reports from big names like Yahoo, Amgen, Intel and Juniper will come tomorrow.

Morning Reports:

The big guys will report after the bell, but a slew of lesser known names will kick things off in the morning.  Two companies I’ll be watching with interest are Ventana Medical Systems (VMSI) and Peabody Energy (BTU).  I have VMSI as the highest rated company reporting tomorrow with an overall rank of 52 (out of 60).  However, the stock has already had a tremendous run and technically looks a bit shaky here.  It’s probably due for a correction and tomorrow’s earnings report may just be that catalyst.  We shall see.  Ventana Medical Systems, Inc. develops, manufactures and markets instrument-reagent systems that automate slide staining in anatomical pathology and drug-discovery laboratories worldwide.

Another company I’ve got my eye on tomorrow morning will be Peabody Energy (BTU).  The coal producer has seen accelerating growth in recent quarters and continues to look good technically despite recently breaking out of a late stage base.  The stock is currently extended from a proper buy point.

Other companies reporting in the morning include: ARMHY, GLYT, RVSN, PCH, LSS and JEF.

I’ll take a quick look at all the companies reporting after the bell on Tuesday, July 19th in a post tomorrow morning. Remember: Be cautious during earnings season.