EB Watch List Update Report

Dear Members: First, we will be sending Webinar room instructions out to all members early this afternoon and prior to the 4:30 pm eastern start. As a reminder the webinar will be recorded for those of you unable to attend the live presentation. PLEASE NOTE. We had a minor issue with email delivery this morning so if you have not received room instructions prior to 2 pm eastern you will find them posted under the Member section of the earningsbeats.com site. Also, we have updated our Strong Earnings ChartList and are in the process of sharing the list with those of you who are StockCharts.com Extra level members or higher and have provided us with your User ID. We deleted 61 charts (#3924-#3984). We added 79 charts (#4043-#4121) That leaves us with 137 charts (up from 119.) For those of you who are NOT StockCharts.com Extra level members or higher here is the link to the list and you will need to enter the password: industry https://stockcharts.com/articles/sharedcharts.php?cc=1141930&listNum=54 Market Update: The market is getting off to a mixed start as we begin a new trading day and week and just ahead of the Fed interest rate decision on Wednesday. Perhaps traders are sending a signal to the Fed to put on their Dovish caps. This selling comes just after the NASDAQ and S&P put in all time highs; maybe traders are taking advantage of high prices here by locking in profits. The VIX is higher by over 6% but it still remains below all key technical levels while all the major indexes remain above key technical levels. In other words, even with the selling this morning, the bulls are still in charge. We're deep into earnings season and so far so good. How do I know that? Just look at the market; you don't get to all time highs unless earnings are strong. The S&P got as high as 3027 last week so that is now resistance. To the downside the 20 day moving average is just below 2990. We're likely to continue to see increased volatility into the Fed rate decision at which points traders will re-evaluate before making and big bets. Companies reporting earnings today (July 26) Before Market Opens: AMG, AWI, BAH, RDY, NSP and SNY After Market Closes ARE, AMH, APPF, ACGL, BCH, BYND, BRX, CHGG, CGNX, EHC, RE, ILMN, NSP, ITUB, JBT, LEG, NOV, NBIX, NTR, NXPI, OGS, OMF, PKI, RGA, RNG, SNY, SBAC, SCI, SSNC, TXRH, RIG, TREX, VNO and WCN Companies reporting earnings tomorrow (July 30) Before Market Opens: AOS, AEO, AGCO, MO, AME, ARCC, BERY, COP, GLW, CMI, DHI, ETN, ECL, LLY, EME, EQM, ETRN, BEN, FMS, IT, GPN, GRUB, HCA, HUBB, HUN, INCY, IR, IPGP, LDOS, LPT, MMC, MLM, MA, MRK, NRZ, PAG, PFE, PG, PEG, RL, ST, SIRI, SNE, SR, SF, TX, UAA, UA, WAT, WCG, WAB, WYND, XRX and ZBRA After Market Closes: AMD, AKAM, ALL, AMGN, AAPL, ASH, AXS, BLKB, BXP, CHRW, CELG, CDAY, CINF, COHR, CACC, DLR, EXP, EA, EQR, EXAS, EXR, FMC, GILD, HR, INVH, KL, MKL, MXIM, MDU, MRCY, MKSI, MOH, MDLZ, NATI, NCR, OKE, PAYC, PSA, REXR, STAG, UDR, UNM, VRSK, VNOM, WES, YUMC and ZEN ADDITIONS TO WATCH LIST We 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 CSCO - Stock is slightly higher as it hovers right around its 20 day moving average. A close back above $57.23 would be bullish. Medium Cap Watch List PRSP - Stock is down by 1% and a close above $24.03 would be very bullish. Small Cap Watch List PRGS Stock is lower by 1.6% and a close back above $43.65 would be bullish. Deletions from Watch List None At your service, John Hopkins EarningsBeats