EB Watch List Update Report

Dear Members: I'm in travel mode today so this is a very abbreviated report. The market continues to show weakness with all of the major indexes lower. Interestingly the VIX is barely higher so while the Dow is getting hit pretty hard traders are mostly shrugging it off. Apple will report earnings tonight and the response to their numbers could have some impact on where the market is headed in the near term; it is the largest market cap company in the world. Now that all of the major indexes are back below important technical levels the bears have more to work with. the next key level of support on the S&P near 2612. Just no need to do much right now except see how this plays out. I do want to point out that SNAP will be reporting after the bell so we will be removing from the Watch List before the market closes. I will be back in the tomorrow with a full report. At your service, John Hopkins EarningsBeats