EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Wednesday: DUK, GRMN, HLT, H, MRO, MAR, WMB MARKET NOTE: The market is holding up quite well considering the nice move higher last week. So a little bit of profit taking after a long weekend with the bears dreading the thought of S&P 2100. If traders get into a buying mood by day's end it's likely to put pressure on the shorts. So let's see what happens as the day progresses but for now the overall action looks positive, even in spite of a spike in bond yields ahead of Wednesday's FOMC minutes. ADDITIONS TO WATCH LISTS: There are no additions to our Watch Lists at this time. However, we have identified some potential candidates that we are eyeing to see if they should be added. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap/Mid Cap Watch Lists: Today as is about as boring as it gets for the stocks on our Watch list. So not much to comment on. 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! John Hopkins for Tom Bowley Chief Equity Strategist EarningsBeats.com