EB Watch List Update Report
Dear Members:
Market Update:
Finally seeing some selling which is most welcome with all of the major indexes lower. Even the VIX is higher by over 15% as traders contemplate the possibility of additional selling. At this point the bulk of companies that might have any kind of significant impact on the market have reported earnings. Thus traders will need to look for other reasons to get involved in the market including pullbacks on those stocks that knocked it out of the park. In looking at the S&P we've got a clear range of 2872 to the upside and 2800 to the downside. Currently the S&P is right in the middle of the range so could go either way. Thus, best to wait and see what happens as the day develops.
Companies reporting earnings today (August 10)
Before Market Opens:
CGX
After Market Closes:
None
Companies reporting earnings Monday (August 13)
Before Market Opens:
SYY
After Market Closes:
FTEK
ADDITIONS TO WATCH LIST
Will keep you posted on any additional trade alerts.
BRIEF COMMENTS ON WATCH LIST STOCKS
SHORTS:
None
LONGS:
Large Cap Watch List
None
Mid Cap Watch List
None
Small Cap Watch List
KEM - Stock moved below its stop of 24.25 this morning so is being removed from the Watch List.
Deletions from Watch List
KEM
At your service,
John Hopkins
EarningsBeats