EB Watch List Update Report

Dear Members: Market Update: A new trading day and week with stocks mixed while traders look for anything that will help them determine where the market might be heading next. The VIX is higher by 4% but so far remains below all key technical levels; no major concerns it seems at the moment. Right now the S&P is pretty much in the middle of a technical range of 2742 to the upside (200 day) and 2671 to the downside (20 day) which could be seen as neutral. But the bulls should be pleased that the selling late last week showed there is still interest in buying on any dips. We'll continue to get plenty of earnings this week but the powerhouse ones are mostly out of the way. Also out of the way; the recent jobs report that beat expectations and the Fed meeting and announcement with more of a Dovish tone. The possibility of another government shutdown continues to loom as Friday's deadline nears. And hopes for a quick resolution to US/China trade talks were dashed some last week. Packaged together it leaves traders feeling OK; not overly bullish but not overly bearish. This could lead to some consolidation in the very near term until one of those key technical levels goes. Companies reporting earnings today (February 11 Before Market Opens: DO,KMPR and L After Market Closes FMC, OHI and RNG Companies reporting earnings tomorrow (February 12) Before Market Opens: HUN, JLL, MLM, TAP.A, SHOP, UAA, USFD and WELL After Market Closes: ATVI, AKAM, AIZ, JCOM, OXY, TRIP, TWLO and UIS ADDITIONS TO WATCH LIST Some stocks continue to be on our radar screen but would like to see even better entry levels. 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 None Small Cap Watch List None Deletions from Watch List None At your service, John Hopkins EarningsBeats