EB Watch List Update Report
Dear Members,
KEY EARNINGS REPORTS:
Monday
None
Tuesday
PLAY
MARKET NOTE:
Nice turnaround for the bulls after a weak start. It comes at an opportune time with both the Dow and S&P needing to reverse or face some technical issues. This week starts earnings season with Alcoa set to report its numbers on Wednesday. We're also going to get minutes from the last FOMC meeting so the Fed back in the spotlight later in the week. For today it would be bullish if the S&P closes back above 2075.
ADDITIONS TO WATCH LISTS:
No additions 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
BA - Trying to reverse at its 50 day moving average
HAR - Continuing to bounce off its 50 day test
LNKD - Trying to print bullish engulfing candle today. Close above $250 would be a bullish sign, especially if volume picks up.
PCLN - Up nicely, breaking out above recent highs and possibly breaking out of a recent down trend. A close above $1190 would be bullish.
Mid Cap Watch List
GOGO - A close above $19.30 on increasing volume would be bullish
INFN - Bouncing off its 20 day
Small Cap Watch List
SWHC - Trying to break recent down trend and a close above $13.15 would be bullish
VDSI - Tested price support and held its 200 day and is reversing on decent volume. Not a bad reward to risk entry level.
DELETIONS FROM OUR WATCH LISTS:
There are no deletions unless a Watch List stock hits its stop
At your service,
John Hopkins, Earnings Beats