EB Watch List Update Report
Dear Members,
KEY EARNINGS REPORTS:
Monday: BIDU, CNA, HAS, L, MAS, NAT, NUAN, SOHU
Tuesday: BCS, CVA, DVA, EGN, FOSL, HUN, IC, IR, MLM, MMC, MOS, RAI, S, TRIP, TRMB, WU
ADDITIONS TO WATCH LISTS:
There are no additions today.
BRIEF COMMENTS ON SELECT WATCH LIST STOCKS:
Large Cap Watch List:
CNQR - Never triggered Second Entry, but recovery has been nice.
FFIV - For the second time, FFIV has hit our Target Price of 110.00. Take profits and await another entry - this time at the rising 20 day EMA.
LEN - Printing another higher high and higher low - very nice action. Our Target Price is 44.00.
ROC - A close above 71.00-71.50 would be bullish. Otherwise, taking profits here not a bad move.
SPLK - Back over 80.00. 82.50 would be a nice level to take profits. That's our revised Target Price.
Mid Cap Watch List:
GMT - Faltering today, but still in a bullish overall pattern.
VIPS - The closer this one gets to the 105-110 range, the better it would be take profits. The daily divergence here is suggesting caution. The 50 day SMA would be the best entry area.
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