EB Watch List Update Report

Dear Members: Market Update: The new week is bringing with it continuing volatility with all of the major indexes lower. The VIX itself is up 13%, near the high of the day, and at a level not seen since mid August. Interest rates continue to climb, something the market is trying to come to grips with. At the end of last week the NASDAQ plowed beneath its 50 day moving average while the S&P tested its 50 day and so far has held. Only the Dow remains near its 20 day and its 50 day, showing blue chips continue to be in favor. There are loads of stocks in the NASDAQ that are very oversold but so far traders are mostly ignoring. However it wouldn't be totally surprising to see some nibbling before long. The S&P got as low as 2869 on Friday so that is now support. To the upside the bulls know they minimally need to get the S&P back above 2900 to regain the momentum. Companies reporting earnings today (October 7) Before Market Opens: None After Market Closes None Companies reporting earnings tomorrow (October 8) Before Market Opens: None After Market Closes: None ADDITIONS TO WATCH We will keep you posted on any new trade opportunities, especially those with high reward to risk potential. BRIEF COMMENTS ON WATCH LIST STOCKS SHORTS: None LONGS: Large Cap Watch List None Mid Cap Watch List CREE - Stock continues to struggle to find its footing. As a reminder we changed the stop on Friday to any CLOSE below $35.29. DOCU - Stock is lower by over 3.5% and remains oversold. We will keep our stop at any CLOSE below $45.20. PVTL - Stock is down by 1.6%. A close back above $19.50 would be bullish mall Cap Watch List SCVL - Stock is fairly flat as it hover around its 50 day moving average. A close above $37 would be bullish. Deletions from Watch List None At your service, John Hopkins EarningsBeats