EB Watch List Update Report

Dear Members: Market Update: The market is off to the races this morning as we begin a new trading day, week and month with all of the major indexes higher. The bulls are pleased to see all of the major indexes moving higher, all within striking range of respective all time highs. Even better, none of the major indexes is technically overbought so plenty of room to run if traders remain in a buying mood. As we head into the month of October there are a few things worth mentioning. First, we'll get the monthly jobs report on Friday. Next, we'll get the first batch of earnings from major banks a week from Friday as Q3 earnings season begins. The S&P got within 3 points of its all time high this morning before pulling back some. If it can clear 2940 then it could gin up further excitement with 3000 the next major target for the bulls. Companies reporting earnings today (October 1) Before Market Opens: BB and MTN After Market Closes None Companies reporting earnings tomorrow (October 2) Before Market Opens: PAYX and PEP After Market Closes: NONE ADDITIONS TO WATCH 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 CREE - Stock tested $37.33 for the second session in a row before bouncing. A close back above $38 could be a signal that the worst of the selling is over. Small Cap Watch List TLYS - Stock is consolidating just above its 20 day moving average. It got as high as $19.63 on Friday so this is a level to keep an eye on. ONDK - We issued a profit alert on this stock this morning as it was higher by almost 10% from the original entry price. GREAT TRADE!. Deletions from Watch List ONDK At your service, John Hopkins EarningsBeats