Amazon.com Inc. (NASDAQ: AMZN) was a standout stock, and one that seems to not care about a recession. Good old short covering helped push shares up after a much more positive earnings report than other online companies and other retailers. Shares were up 17% at $58.65 at the end of the day.

Exxon Mobil Corp. (NYSE: XOM) was barely positive with shares up 0.1% at $77.06 right before the close. The company beat earnings at $1.55 EPS, while estimates were $1.45 EPS. It looks like it beat expectations on the surface, but the net income report of $7.82 billion is down from $11.66 billion a year ago. That is what lower oil prices will do to an oil company.

Boston Scientific Inc. (NYSE: BSX) was a marginal winner with a 1% gain on another analyst upgrade this morning. This follows device sales gains from yesterday. Wachovia raised the stock to an "outperform" rating. Shares were at $8.86 before the close.

Procter & Gamble Co. (NYSE: PG) was far worse than than what traders wanted to hear from a recession-proof stock. Earnings were fine, but guidance was soft here, and that was not acceptable. Shares were down 6% at $54.60 before the close.

Broadcom Corp. (NASDAQ: BRCM) saw that the weak chip and communications business can catch up to it. It did. Its earnings were deemed soft and the guidance was much less aggressive than some were holding out for. Shares were down 9% at $15.71 before the close.

Juniper Networks, Inc. (NASDAQ: JNPR) fell sharply after earnings. The guidance and reference to the economy was still better than that of peers, but the networking equipment operator was far less robust and far less positive than it had been before. Shares were down a sharp 16.5% at $14.15 right before the close.