EB Watch List Update Report
Dear Members:
The script remains the same; the buyers strike continues with all of the major indexes lower as traders continue to guard their capital. All of the same ingredients that have surfaced recently - technical weakness, high volatility, selling on any pops - still remain in place, and until that changes we can expect more of the same, with no one wanting to take unnecessary risks into the weekend. Right now the bears have their eyes focused on the most recent lows when the S&P got as low as 2583. It's still a ways off but one more day like today would do the trick. Not much more to say but we'll continue to watch what develops while waiting for even better opportunities when things settle down.
Companies reporting earnings today (December 14)
Before Market Opens:
None
After Market Closes
None
Companies reporting earnings Monday (December 17)
Before Market Opens:
None
After Market Closes:
ORCL and RHT
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
NOMD - Stock hit our stop loss this morning so will be removed from the Watch List.
Small Cap Watch List
None
Deletions from Watch List
NOMD
At your service,
John Hopkins
EarningsBeats