First thing you need to do is select a couple of equity sectors that are either on the uptrend or appealing to you (maybe the industry you are working on), then you need to create a universe of stocks from each sector to monitor (you can do that my selecting the top 20 stocks of each sector either by index-weighting or my size).
Once you have all that setup, you need to monitor their trading performance on a daily chart or by setting upper and lower bounds on their last price (there are a number of tools you can use to do that) or by watching if there is a sudden increase or decrease above/below their average daily volume.
When you do see a sudden up/down movement in a stock’s price, or change in volume on a day then you get a closer look;
Firstly, check if there is any headline news about the specific company of the stock, if there is, then the rumor has most probably been realized, if not start searching about whispers.
Whispers on stocks can be found in a number of related sites online, to name a few, Earnings Whispers , http://whispernumber.com , http://thestockwhisperer.com , TheStreet , The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video and so on.
Most whispers nowadays come out on twitter first, but that doesn’t mean you don’t need go digging deeper to validate the whispers. Then just follow the uptrend or downtrend of the stock and close out your positions before any official announcement is due or your trading goal for the specific trend has been reached (i.e. payoff of 5% since commencing your trade).