EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Thursday STZ Friday None MARKET NOTE: Overall market weakness continues. The bulls have recently failed to send a compelling message to traders to go long. The Fed minutes are out of the way. The Dow and S&P are particularly technically challenged. The two large cap stocks that reported earnings last night disappointed. Just a near term funk which requires additional caution. 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 - Challenging resistance near $154 CSCO - So far failing at its 20 day moving average; a close above $27.64 would be bullish LNKD - Failed at its moving averages yesterday; needs some repair work PCLN - Touched $1199 before pulling back some and remains above all key technical levels Mid Cap Watch List INFN - Up over 3% on increased volume as tries to make breakout; a close above $20 would be bullish SYNA - Stock is higher today but has pulled back some. Near term resistance is at $85.95 and a close above that level would be bullish. Small Cap Watch List VDSI - Up over 5% and a close above its 50 day of $23.44 would be bullish DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop At your service, John Hopkins, Earnings Beats