EB Watch List Update Report

Tom Bowley -
Dear Members, KEY EARNINGS REPORTS: Thursday: AAP, ADS, AET, AOL, ATHN, CMI, CS, EXPE, GM, K, LNKD, NTT, NUAN, NUS, NWS, OPEN, PM, PRGO, SNE, SNY, TDC, VMC, VRSN, ZNGA Friday: AXL, CCJ, CI, MCO, MT ADDITIONS TO WATCH LISTS: We added the following stocks yesterday in late afternoon trade, but we had difficulty with our server and our update didn't go out until the market close. The good news is that each of these additions traded this morning at least as low as our entry prices from yesterday. Here is a recap of the additions (annotated charts are on our website): ATK, $4.34 billion market cap (Mid Cap), enter at current price of 136.45. CNQR, $6.38 billion market cap (Large Cap), enter at current price of 113.75. CAT, $58.63 billion market cap (Large Cap), enter at current price of 92.05. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: CAT - Having a nice first day for us. CAT could feel some selling pressure at 94.00 for those wishing to take quick, small profits. CNQR - Down today on light volume, still 2.0-2.5% away from our Second Entry at 110.50. FFIV - Very nice bounce of Wednesday's Re-Entry price of 103.00. Our Target Price is once again 110.00, but don't hesitate to take quick profits ahead of the nonfarm payrolls report on Friday. LEN - Another breakout today on solid volume as homebuilders lead the rally. ROC - Nice follow through today, but likely to find short-term resistance from 69.00-69.50. TEL - Triggered Final Entry at 54.22 at today's open, been recovering since. Looks good here. Keep that Closing Stop of 53.00 in place. VMC - Another solid performer, but we are REMOVING FROM OUR WATCH LIST AS THEY REPORT EARNINGS ON THURSDAY. Mid Cap Watch List: No comments today. Small Cap Watch List: No comments today. DELETIONS FROM OUR WATCH LISTS: There are no scheduled deletions today, however, stocks will be removed if they violate our Closing Stop levels. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com