EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday: DISH Monday: CTB, DDS, HTZ, MELI, NAT, OKE, SCTY, SGY, SINA, TXRH, VNO NOTE: Prices are rising on our major indices, but the conditions under the surface - the warning signs - are still there. Caution is suggested. ADDITIONS TO WATCH LISTS: There are no additions to our Watch Lists today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: SJM - Down fractionally today. We have a very tight Closing Stop at 100.00. Any close above and we'll cover with a small loss. Large Cap Watch List: LEN - Breaking out again with a strong MACD, but light volume. Hard to chase. ROC - Four tests of 74.25 resistance in the last five days, thus far with failures every time. Mid Cap Watch List: ATK - Finally showing some strength off Thursday's low that tested the 50 day SMA. GMT - Continuing to outperform and the slight negative divergence has been eliminated. Small Cap Watch List: TASR - Confirmed its breakout on Thursday, closing above 18.68 on solid volume. The strength continues today. DELETIONS FROM OUR WATCH LISTS: There are no deletions today unless Closing Stops are violated. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com