EB Watch List Update Report

Dear Members: MARKET UPDATE The market had gotten ahead of itself and needed at least some relief. We're getting some today with all of the major indexes lower. Today we already heard additional information on tax reform and later today we should learn who will be heading the Federal Reserve. Then we'll hear from Apple after the market closes when they report their earnings. Then tomorrow we get the monthly jobs report. That's plenty for traders to ponder. The VIX was higher earlier in the session, back above both its 20 and 50 day moving averages before settling down some. So some early worry that has now cooled down some. Not much more to say; this little bit of selling we're seeing might not last long. And if it does pick up later there's a decent chance traders will be waiting to buy those stocks that reported strong earning and have pulled back. Bulls remain in charge. Companies Reporting earnings today (November 2) Before Market Opens AES, BABA, APA, ADP, AN, AVP, BLL, APRN, CHK, CI, CBB, DLPH, DISCA, DWDP, EXC, GCI, GOGO, H, IDA, ICE, ITT, NWL, NRG, PH, PCG, RL, RDS.A., TDY, TNC, TEVA, W and YUM After Market Closes: Y, MDRX, AAPL, AIZ, AGO, CPST, CBS, CERS, CRUS, COHU, ED, ELON, FLR, HCI, HLF, JCOM, LYV, P, RMAX, RST, SWIR, STMP, SBUX, SPWR, DATA, TIVO, VECO and WU Companies reporting earnings tomorrow (November 3) Before Market Opens: DUK, SSP, MSG, MCO, REV and BID After Market Closes: NONE ADDITIONS TO WATCH LIST We added BX to the Watch List this morning with additional information below BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: SHORTS: None at this time LONGS: Large Cap Watch List BX - We added this stock to the Watch List this morning at an entry price of $32.68 with a price target of $34.25 and a VERY tight stop loss of any CLOSE below the 20 day, currently at $32.52. Mid Cap Watch List None Small Cap Watch List SYNT - Stock is up by 1.75% and at a minimum would like to see it close back above $23.36 which would be bullish. PETS - Stock is higher again today and a close above $36.53 would be bullish. DELETIONS FROM THE WATCH LIST None At your service, John Hopkins EarningsBeats