EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday: BBRY, GNVC Monday: None MARKET NOTE: We've reached a point where the bulls may become a bit more active. Volatility has been subsiding despite the selloff in aggressive areas of the market. That COULD be an indication that the short-term selling has ended. Historically, next week tends to be quite solid for the bulls. Therefore, we're going to add a few stocks to our Watch List as we head into next week. ADDITIONS TO WATCH LISTS: The following stocks are being added to our Watch Lists as follows: Large Cap: VIPS, $7.83 billion, entry at current price of 140.62. COO, $6.3 billion market cap, entry at current price of 131.61. Mid Cap: YY, $4.1 billion, entry at current price of 74.04. Small Cap: PLOW, $378 million, entry at current price of 16.98. More details to follow over the weekend, including annotated charts, additional entry points, closing stops and targets. PLOW can have fairly light volume as its average volume is just under 200,000. Only aggressive traders should consider this one. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: No comments at this time. Large Cap Watch List: FFIV - Range bound for now, between 102 and 106. ROC - Reversed on Thursday, avoiding our Closing Stop. I'd expect to see a recovery from the current level, but much will depend on the overall market in the week ahead. Mid Cap Watch List: ATK - Continuing to tease the bulls at the 140 breakout level. Thus far, however, we haven't seen a confirmed close above 140 to attract more technical buyers. Small Cap Watch List: There are no Small Cap Watch List stocks at this time. DELETIONS FROM OUR WATCH LISTS: There are no deletions today unless Closing Stops are violated. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com