EB Update Watch List Report

Dear Members, KEY EARNINGS REPORTS: Thursday: AYR, BRCD, CYH, DISCA, DTV, EQIX, FCN, GG, INTU, JWN, MRVL, NEM, PCLN, PSA, WMT Friday: CHH, DE, MARKET NOTE: We've got a mixed picture today with tech stocks leading the NASDAQ higher. The Dow is feeling a bit of pressure from Walmart who announced increased wages for hourly workers with the stock down 2.5%. The S&P has touched a slightly higher record just above 2100, heading in the right direction for the bulls. The NASDAQ is nearing technically overbought conditions but so far that is not slowing it down. In fact the NASDAQ is now just over 1.5% from the magical 5000 level. For now the picture for stocks is positive. ADDITIONS TO WATCH LISTS: We added five stocks to our Watch List yesterday and you should have received an email this morning with some nice tips so make sure you check it out! BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List: AN - Initial entry was 62.18. HAR - Initial entry was 135.76. BA - Up a nice 1.5% even with the Dow lagging. RAX - Stock is down 2.7% on strong volume but remains well above key technical levels. Mid Cap Watch List: INFN - Initial entry was (17.11) RYL - Initial entry was 44.74 KLIC - Initial entry was 15.88. SYNA - Nice move today, up 2.65% as it makes a new near term high. 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 EarningsBeats.com