EB Watch List Update Report

Dear Members: Market Update: Yesterday the NASDAQ and S&P hit levels not seen since early October and now the Dow is following suit with blue chips in the spotlight today. Once again as it looked like the bears might get something going earlier in the session buyers were more than willing to gobble up stocks with the pullback unable to hold. I had pointed to the VIX yesterday that had moved higher in spite of lower stock prices and it did test its 20 day moving average before settling down some. Now today it's fairly flat but possibly showing its own signs of a near term bottom. Even though the major indexes are stretched here there's no sign of an imminent pullback; the 25 points the NASDAQ fell earlier in the session were made up in a flash. The S&P got as high as 2885 yesterday so that's now resistance. After that 2900 should come into play. To the downside there's now a decent ways to go before the first level of technical support at 2826 which means the bears have their work cut out for them in what lately has seemed an impossible task. Companies reporting earnings today (April 4) Before Market Opens: STZ After Market Closes None Companies reporting earnings tomorrow (April 5) Before Market Opens: , None After Market Closes: None ADDITIONS TO WATCH LIST Will keep you posted on any new 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