EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday: BCS, CVA, DVA, EGN, FOSL, HUN, IC, IR, MLM, MMC, MOS, RAI, S, TRIP, TRMB, WU Wednesday: AEM, AMAT, AMX, ANGI, CAKE, CBS, CSCO, CTRP, DE, HSP, LBTYA, MET, NTAP, NVDA, SLF, TLM, WCG, WFM, Z ADDITIONS TO WATCH LISTS: There are no additions today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: CAT - Threatening to break above 95.00. We're now close to halfway to our Target Price of 99.00 with a solid daily MACD in play. CNQR - At the intraday high was up nearly 6 bucks from our Entry Price. Looks good. FFIV - Attempting a breakout, but doing so with a long-term negative divergence in play. It could eventually eliminate this sign of slowing momentum, but why take the chance? We hit our 110.00 Target Price for the second time and are happy just watching this one for now. LEN - 40.16 is now price support and we touched that number earlier right to the penny before reversing. ROC - The bounce off gap support below 67.00 continues. Very solid action and momentum. If you're in, you might consider raising your stop to any close back beneath 70.50. SPLK - Hit our revised Target Price of 82.50. We'd take profits and look for re-entry at the rising 20 day EMA. TEL - Is in positive territory after triggering all three entry points. I'd like to see it remain above its 50 day SMA. Mid Cap Watch List: GMT - Up nicely today, but volume is quite light. I'd be careful not to chase this one after big moves. VIPS - Pulling back, but not at all surprising given the signs of slowing momentum here. Small Cap Watch List: TASR - Only small cap on our Watch List and it really has been doing something, trading mostly between 16 and 17 the past couple weeks. 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