EB Watch List Update Report

John Hopkins -
Dear Members, KEY EARNINGS REPORTS: Monday: BID, MYL, NBR, ROC, SSYS Tuesday: AZO, BBY, DKS, SINA MARKET NOTE: The market continues to move higher today with the NASDAQ touching 5000 and the Dow hitting an all time high. This move higher comes in spite of (or because of?) higher government bond yields and with weaker than expected economic reports out this morning. The market is going to be on high alert this week as the Fed Beige Book comes out Wednesday and then the monthly non-farm payroll report on Friday. So we could easily see increased volatility, especially with the NASDAQ at an important psychological level of resistance and with technically overbought oscillators. So at the moment, at least on the NASDAQ, some reward to risk issues, but certainly not a time to think about shorting with momentum so strong. ADDITIONS TO WATCH LISTS: There are no additions to our Watch Lists today. 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 - Held price support and is bouncing today, up over 1.5% BA - Neared its 20 day ema but bouncing today, up almost 2% ESRX - Attempting to hold rising 20 day ema today HAR - Breaking out again today on strong volume, up over 4% Mid Cap Watch List: INFN - Bouncing off its 20 day ema, up almost 1.5% KLIC - up 2.5% after testing 20 day ema Friday RYL - Attempting to break out here, needs more volume SYNA - Having a rough day, down 4.5% on heavy volume but technically fine as it holds all key technical levels 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. At your service, John Hopkins Earnings Beats