Buyer of This Rally

After digesting the European Stress Test, which had numbers that seemed to be too good (maybe the test was not as difficult as it should have been), the market has rallied rather aggressively. The rally seems real: true buy volume, volatility index is declining, and treasuries are selling off. For these reasons, I would be a buyer this afternoon. I really like McDonald's right now. MCD (69.64 -1.76) reported this morning- EPS and revenue beat expectations but the street was looking for a little more out of the company. MCD is a consistent growth company, well run, and pays a good dividend. I say you buy on this dip. What else to buy into the close:

McDonald's (MCD): 69.69 -1.70(-2.39%)
Express Scripts (ESRX): 42.75 +0.63(+1.50%)
Teva Pharmaceutical (TEVA): 49.16 -4.81(-8.91%)

2010 Q2 Earnings Reports- Friday, July 23rd

Before the Bell

McDonald's (MCD)- Fast Food Chain
Actual EPS/Revenue: $1.13/$5.95 B
Estimate EPS/Revenue: $1.12/$5.91 B
Year Ago EPS/Revenue: $0.97/$5.65 B

Verizon (VZ)- Telecommunications Company
Actual EPS/Revenue: $0.58/$26.77 B
Estimate EPS/Revenue: $0.56/$27.11 B
Year Ago EPS/Revenue: $0.63/$26.86 B

Ford (F)- Automaker
Actual EPS/Revenue: $0.68/$31.30 B
Estimate EPS/Revenue: $0.40/$29.80 B
Year Ago EPS/Revenue: ($0.21)/$27.20 B

Honeywell (HON)- Technology and Manufacturing Co.
Actual EPS/Revenue: $0.60/$8.16 B
Estimate EPS/Revenue: $0.57/$8.00 B
Year Ago EPS/Revenue: $0.60/$7.57 B

Ingersroll-Rand (IR)- Diversified Industrial Firm
Actual EPS/Revenue: $0.76/$3.70 B
Estimate EPS/Revenue: $0.72/$3.67 B
Year Ago EPS/Revenue: $0.50/$3.47 B

Kimberly-Clark (KMB)- Health/Hygiene Products Maker
Actual EPS/Revenue: $1.20/$4.86 B
Estimate EPS/Revenue: $1.13/$4.95 B
Year Ago EPS/Revenue: $0.97/$4.73 B

Johnson Controls (JCI)- Auto Parts Manufacturer
Actual EPS/Revenue: $0.54/$8.54 B
Estimate EPS/Revenue: $0.55/$8.48 B
Year Ago EPS/Revenue: $0.25/$6.98 B