EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Monday: AIG, HLF, L, MRO, S, SOHU, SYY, VNO Tuesday: ATVI, BABA, CTRP, CVS, DISCA, DISH, DVN, EL, EOG, IP, KORS, LINTA, MWW, PCLN, TRIP, VLO, VMC MARKET NOTE: Our major indices are having a decent day today after rallying on Friday to all-time highs on both the Dow Jones and the S&P 500. More quantitative easing was the big news of the day, this time from the Bank of Japan. Central bankers around the globe remain the biggest enemy of those trying to short equities here in the U.S. ADDITIONS TO WATCH LISTS: There are no additions to our Watch Lists today. We will, however, be adding several stocks later this week so be watching for that. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List: ILMN - Continues its upward surge. Mid Cap Watch List: AMBA - Big volume supporting/confirming its latest breakout today. Great action! DSW - Attempting to put in a hammer today on recent price lows. MLNX - Has recovered very nicely off its recent 50 day SMA test. The big resistance level is at 46.75. A close above that level on increasing volume would be bullish. VEEV - Still trending higher despite today's low volume pullback. Small Cap Watch List: No comments at this time. DELETIONS FROM OUR WATCH LISTS: There are no deletions today unless closing stops are triggered. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com