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Daily Watch List Update

EB Watch List Update Report

John Hopkins

Dear Members: MARKET NOTE: The buyers strike continues today though each day of selling puts us one day closer to some type of bottom. Presently we're testing the September 4 low of 1911 and are not that far from the September low of 1903. Something…

EB Watch List Update Report

John Hopkins

Dear Members: MARKET NOTE: The market is trying to steady here after the recent bout of selling it's not exactly like stocks are on fire with only the NASDAQ higher. But at least so far today the S&P has put in a higher low compared to yesterday…

EB Watch List Update Report

John Hopkins

Dear Members: MARKET NOTE: The initial, positive response to the Fed standing pat last Thursday has obviously worn off with the S&P now down almost 90 points from its peak of 2020 shortly after the announcement. Is this type of reaction warranted?…