EB Watch List Update Report

Dear Members: Market Update: It's hard to imagine the S&P not struggling some near the 2900 level and as it nears the all time high. We're seeing that today after the initial burst on strong earnings from JPM and with Disney up almost 9% on its new service announcement. The move by JPM took it back to its early December 2018 high; complete round trip and 24% off its late December bottom. This is certainly welcome news for the bulls; much easier to justify stocks moving higher if banks are participating as well. Traders continue to show confidence here with the VIX hitting a new near term low this morning just before earnings season kicks into high gear. The S&P got as high as 2910 this morning so now that is resistance. A close above that level sets the scene for a possible retest of the all time high of 2940. Bottom line at the moment; bulls are in total control until further notice. Companies reporting earnings today (April 12) Before Market Opens: INFY, JPM, PNC and WFC After Market Closes None Companies reporting earnings Monday (April 15) Before Market Opens: , C, GS and MTB After Market Closes: None ADDITIONS TO WATCH LIST Will keep you posted on any additional additions to the Watch List BRIEF COMMENTS ON WATCH LIST STOCKS SHORTS: None LONGS: Large Cap Watch List PANW - Stock is slightly lower after the nice move the past few sessions. Like to see it close above yesterday's close of $245.93 which would be bullish. Mid Cap Watch List None Small Cap Watch List IVC - Stock was under attack yesterday and closed below our stop of $7.20 so will be removed from the Watch List. DOMO - Stock is lower by almost 2% but off session lows. A close back above yesterday's close of $39.70 would be bullish. Deletions from Watch List IVC At your service, John Hopkins EarningsBeats