EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Monday: KFY, UNFI, URBN Tuesday: BKS MARKET NOTE: The bulls are chipping away at Friday's losses but the bulk of the gains today are in blue chips. The NASDAQ remains the most technically sound major index. Bond yields have cooled some after the big spike on Friday following the stronger than expected jobs report with the ten year treasury note trading near 2.21%. The VIX is fairly flat for the session as it remains above both its 200 and 20 day moving averages. As long as it remains below 16.90 the bulls should be OK. ADDITIONS TO WATCH LISTS: There are no additions today to the Watch List. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List: ADBE - Continuing to consolidate just above the 20 day EMA and price support at $76. AN - Triggered second entry at $60, currently trading near that level. BA - Having a nice day, in the consolidation range between $150 and $159. HAR - Currently beneath the 20 day EMA, a strong finish today would be bullish. Mid Cap Watch List: INFN - Having a strong day, approaching price resistance at $17.84. A breakout above would be bullish. KLIC - Continues to test the 20 day EMA. SYNA - Traded below the 20 day EMA intra day, a close above this would be bullish. 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