EB Watch List Update Report

Dear Members:. The bulls should be feeling good today with both the NASDAQ and S&P putting in all time highs with the Dow higher as well even though lagging. The Fed chairman spoke today indicating any further rate increases will come gradually which the market seemed to like. In looking at the S&P it is true that it put in a fresh all time high today. But it's also true that it's not exactly blasting off here, at least not yet. So traders remain somewhat skeptical, wondering if this second attempt to breakout will be successful or if further work will need to be done to take the market even higher. For sure the bulls remain in charge. That could all change by day's end but right now the bears are left scratching their heads wondering what it will take to shift the positive momentum. Market Update:. Companies reporting earnings today (August 24) Before Market Opens: FL After Market Closes: None Companies reporting earnings Monday (August 27) Before Market Opens: None After Market Closes: None ADDITIONS TO WATCH LIST Hope to have the Candidate Tracker updated this weekend. Also will keep you posted on any new additions to the Watch List BRIEF COMMENTS ON WATCH LIST STOCKS SHORTS: None LONGS: Large Cap Watch List None Mid Cap Watch List None Small Cap Watch List CSTM - Stock cleared all moving averages earlier in the session but has pulled back some, still higher by 3.3%. Would really like to see it hold gains into the close and minimally close above the 20 day, currently at $11.73 would be bullish. WGO - Stock is higher by almost 2%. Would like to see it pick up steam and start challenging the 20 day moving average, currently at $38.46. Deletions from Watch List None At your service, John Hopkins EarningsBeats