EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday None Wednesday AYI, MU, MON MARKET NOTE: Stocks are off to a weak start today after yesterday's nice move higher. So far the selling has been mostly contained but it still wasn't the follow through the bulls were hoping for. Perhaps some window dressing going on today including profit taking by fund managers to impress clients. Whatever the case as long as the S&P holds 2072 the bulls should be OK. ADDITIONS TO WATCH LISTS: We added some new trading candidates yesterday and the charts and pertinent information have been added to our site. 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 - Trying to break out today with market weak. Breakout on closing basis is 64.52 and like to see some stronger volume. If fail to breakout might not be a bad time to take profits. HRS - Making breakout today, up almost 2%. A close above 78.29 would be bullish. MCO - Needs to close above 104.26 to confirm breakout. Momentum remains strong. PCLN - Up over 1.5% on accelerating volume. Short term resistance is a close above 1190. Mid Cap INFN - Another gap up today, up 3%. Note is approaching overbought territory and there's never anything wrong with taking profits! $21 is next target KLIC - Needs to close back over 15.90 RYL - Hit another 52 week high today with market weak Small Cap RTEC - Down over 1.5% today with second entry at 10.84. Volume is light on the selling. VDSI - Up 1.8%. Been in a short term down trend as it tries to bounce DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop At your service, John Hopkins, Earnings Beats