EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday None Monday None MARKET NOTE: GE's big announcement this morning has helped to bolster the market. It's the kind of news the bulls were looking for to light a fire under traders. The Dow is back over 18,000 and the S&P is trying to climb back above 2100 for the first time in a few weeks. A strong close would at least put the shorts on notice that the bulls aren't ready to back down yet. Next up will be a slew of earnings reports that will come out next week. Expectations are low so any positive surprises could help the bulls make the case that it makes sense to be long here. 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 AN - Breaking out to a new high; MACD looks great, could use some more volume CSCO- Trading back above its 20 day moving average for the first time in a month. A close above $27.67 would be bullish. LNKD - Up nicely as it is back above both its 20 and 50 day moving averages on increasing volume DATA - Battling channel resistance $98 and price resistance at $100. A move above $100 would be bullish. Mid Cap Watch List GOGO - Back over $20 and recent uptrend continues KLIC - Continues to battle its 20 day moving average at 15.78 and price resistance at $15.90. A move above both levels would be bullish. RYL - Tested its 20 day moving average earlier and is bouncing SYNA - Trying to make breakout today. A close above $85.95 would be bullish. Small Cap Watch List No major comments today DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop At your service, John Hopkins, Earnings Beats