EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Thursday LEN, NKE Friday DRI, KBH, TIF MARKET NOTE: The Dow is under pressure today but not so for the NASDAQ and Russell 2000 which continue to show strength. The fall out today is likely some residual from yesterday's FOMC rate announcement which was initially seen as a positive. Oil is back under pressure after yesterday's nice move higher but is off lows of the session. And bond yields remain low after yesterday's big move to the downside with the ten year treasury bond now trading near 1.94%, a concession that the Fed isn't rushing to raise rates. Barring a major sell off into the close, the bulls should be fine here. ADDITIONS TO WATCH LISTS: There are no additions 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 HAR - Going against the grain today MCO - Confirmed breakout yesterday on increasing volume RHT - Up a solid 2% after moving above key moving averages. Note that RHT reports earnings on 3-25 so be aware. DATA - Stock hit a high of $99.29 yesterday which is the upper end of our range so was a good exit point, especially for shorter term traders Mid Cap RYL - Making big volume breakout today and a strong close would be bullish Small Cap VDSI - Continues to power forward, up another 2.3% DELETIONS FROM OUR WATCH LISTS: There are no deletions at this time unless a stock closes below its stop loss At your service, John Hopkins, Earnings Beats