Money was rotating out of the leaders and into the laggards yesterday.  Disappointing earnings from PG and T, spilled into defensive names like JNJ, VZ, PFE, MRK, HSY, which had been the market leaders.  The money was rotating into stocks like ABX, GE, and even MSFT, which had a great day.  Will that trend continue today?  Earnings from XOM, DOW, MMM, UPS, ZNGA, COP, BIIB, CELG, AKAM, QCOM, HOG, and LUV.  Premarket trading analysis: