EB Watch List Update Report
Dear Members,
KEY EARNINGS REPORTS:
Friday: AON, CL, F, MCO, TYC, WHR
Monday: BWLD, GLW, SOHU, SU
MARKET NOTE:
Volatility ($VXN) is back on the rise and that's accompanying renewed weakness in our major indices.
We will be looking to add at least a few stocks to our Watch Lists early next week.
ADDITIONS TO WATCH LISTS:
There are no additions to our Watch Lists today.
BRIEF COMMENTS ON SELECT WATCH LIST STOCKS:
Short Watch List:
No new comments.
Large Cap Watch List:
VIPS - 160 was short-term price resistance and we're seeing weakness today after testing that level yesterday.
Mid Cap Watch List:
KFY - Pulling back after testing price resistance. Re-entry points could be 28.00 and 27.25 on continuing weakness.
Small Cap Watch List:
No new comments.
DELETIONS FROM OUR WATCH LISTS:
There are no deletions today unless stop losses are violated.
Happy trading!
Tom Bowley
Chief Equity Strategist
EarningsBeats.com