EB Watch List Update Report

Dear Members: An abbreviated report this morning as I am in travel mode. The market will be closed tomorrow so will be back Monday. Market Update: Fairly quiet this morning though blue chips are showing some life with the Dow hitting a new near term high. Both the NASDAQ and S&P touched fresh near term highs yesterday before pulling back some. Yesterday's high on the S&P was 2918 which is now resistance. Should the bulls manage to clear that level then the all time high of 2940 would be the next key level of resistance. The first key level of support to the downside is just above 2870. At this point traders are likely to wait to see the results of more earnings reports next week before taking on large positions. At your service, John Hopkins EarningsBeats