EB Watch List Update Report

Dear Members: Market Update: Business as usual in the market today as the Fed begins day one of their two day meeting likely resulting in an interest rate increase tomorrow. The good news for the bulls; all of the major indexes are back above all key technical levels. In other words the bulls remain in charge. Traders should be impressed with how well the market is holding up, especially during an historically weak month of the year. It shows once again that the US market is attractive to investors. The Dow remains a bit stretched but yesterday's selling at least helped to relieve the overbought oscillators. Right now the range on the S&P is 2940 to the upside and 2900 to the downside. It's right in the middle with the sentiment continuing to favor the bulls. Companies reporting earnings today (September 25) Before Market Opens: JBL and MANU After Market Closes: KBH and NKE Companies reporting earnings tomorrow (September 26) Before Market Opens: KMX and WOR After Market Closes: BBY and FUL ADDITIONS TO WATCH LIST Please note: We will be updating the Candidate Tracker today. In addition will keep you posted on any additions to the Watch List. BRIEF COMMENTS ON WATCH LIST STOCKS SHORTS: None LONGS: Large Cap Watch List None Mid Cap Watch List VRNT - Stock is fairly flat. PLEASE NOTE: We have changed the price target to $49.90. In addition we are CHANGING THE STOP to any INTRA DAY move below $49.10. If the stock reaches either of these levels it will be removed from the Watch List. Small Cap Watch List TLYS - Stock is struggling to clear its 20 day moving average as it continues to consolidate. PLEASE NOTE: We are changing the stop to any INTRA DAY move below $18.20. If the stock moves below that level on an INTRA DAY basis it will be removed from the Watch List. ONDK - Stock is higher by 5% and a close above $7.55 would be bullish. Deletions from Watch List None At your service, John Hopkins EarningsBeats