EB Watch List Update Report

Dear Members: Market Update: The positive market environment continues with all of the major indexes higher. In fact, the Dow has touched its highest level since February 1 as traders continue to favor blue chip stocks. The VIX has calmed down as well, reflecting the positive market mood. The S&P got as high as 2908 which put it within 8 points of its all time high. The NASDAQ continues to lag which could make it more difficult for the overall market to continue much higher. However, should traders resume their heretofore fondness for tech stocks we could see a continuation of the current rally. At this point 2916 is key resistance on the S&P and a move above that level would give the bulls even more to work with. To the downside the 20 day, currently at 2880 is the first key level of support. Companies reporting earnings today (September 14) Before Market Opens: PLAY After Market Closes: None Companies reporting earnings Monday (September 17) Before Market Opens: None After Market Closes: CHKE and FDX ADDITIONS TO WATCH LIST We added WSM to the Watch List yesterday afternoon with additional details below BRIEF COMMENTS ON WATCH LIST STOCKS SHORTS: None LONGS: Large Cap Watch List None Mid Cap Watch List STAY - Stock continues to consolidate and a close back above $20 would be bullish. ONDK - Stock closed below our stop of $7.65 so is being removed from the Watch List. WSM - Stock is slightly higher with the next key level of resistance just above $69.80. Small Cap Watch List TLYS - Stock is lower by just over 1%. As a reminder we have a second entry on any pullback to $18 and with a price target of $25 and a stop of any CLOSE below $17.50. Deletions from Watch List ONDK At your service, John Hopkins EarningsBeats