EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Monday CCL Tuesday FUL, MKC, SONC, SCS MARKET NOTE: So far not a bad follow through Monday for the bulls with both the Dow and S&P higher and the NASDAQ barely lower. The Fed is in the background after last week's rate announcement, options expiration has come and gone and the VIX is showing a calm trader. Key for the bulls at this point is to clear 2119 on the S&P which would give the shorts some cause for concern. None of the major indexes are technically overbought so there is room to run higher should traders remain in a buying mood. 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 AN - Continuing to firm up with $64.50 a key level of resistance HRS - Up over 1% as it challenges its 20 day moving average. A close above 73.73 would be bullish. RHT - Company reports earnings Wednesday Mid Cap KLIC - Stock up over 1.5% and would be bullish if can move above 16.50 with nice volume RYL - Stock continues breakout, up another 1.6% as it hits a new 52 week high. SYNA - Breakout approaching with key closing resistance at 85.95. Small Cap VDSI - Needs to close back above its 20 and 50 day moving averages. 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