Earnings season severely narrowed the pool of eligible stocks, though that’s not necessarily a bad thing. It can be quite dangerous to buy a stock right before earnings because they can have violent moves in after hours trading that can potentially log big losses (of course it can also log big wins but unless you have a solid knowledge of the fundamentals of the company it’s just playing roulette). The additional risks of earnings seasons is that a stock related to the the same industry releases an earnings report that causes ripples across the sector. Stocks are quite a tangled web of influences and perceptions to begin with, earnings season only amplifies that fact. The only course of action to trade during this time, and at all times, is disciplined risk management. Of course as I always say, do your own research before making any trades. It’s your money and you should only trust yourself with it.