EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Thursday MMM, ALK, ALTR, MO, AMZN, BKU, BAX, BBT, ELY, COF, CSL, CAT, CB, CYN, DHR, DPZ, DOW, DPS, DNKN, ETFC, LLY, FICO, FCX, GM, GOOG, HBHC, HSY, IR, JNS, JCI, JNPR, KLAC, LAZ, MSFT, N, NEM, NUE, P, PEP, PFG, PG, PHM, DGX, RTN, RSG, SBAC, LUV, SWN, SWK, SBUX, SYNA, UNP, UAL, VRSN, GRA, Friday B, BIIB, DTE, FLIR, LEA, TYC, XRX MARKET NOTE: The market continues to tread water here. Nothing great, nothing terrible. The good news for the bulls is the NASDAQ put in a multi year high close yesterday, so good for tech stocks. But the Dow and S&P continue to struggle to clear their respective all time highs. We could see that change if the stars line up right after the slew of earnings coming out after the bell closes. Or, we could see the market weaken if there's enough disappointment. Or, we could see the market continue to just hang out. Lots of possibilities at the moment but something could give by tomorrow. ADDITIONS TO WATCH LISTS: We are adding Urban Outfitters (URBN) to our large cap list. Full details will be updated on the site later 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 HAR - Making breakout on heavy volume. Is up $12 from when first added to Watch List. Company reports next week. NOTE WE ARE REMOVING THIS ONE FROM OUR WATCH LIST AS IT IS VERY OVERBOUGHT AND REPORTS NEXT WEEK. GREAT TRADE! PCLN - Breaking to fresh new highs. Next key level of resistance is $1250. DATA - Back near $100 level; needs to close above $101.16 for next breakout. Mid Cap Watch List RYL - Selling on weak new home sales. Two critical areas of support are $44 and $41.36. Need to be careful near that $44 range as RYL will report earnings next week. Small Cap Watch List RTEC - Nice move higher TODAY, up almost 7% on strong volume. Closing resistance is at $12.74. SWHC - Bouncing off of $14.50 which is both gap and price support VDSI - Bullish pattern AND currently trading in $24.90-$26.55 trading range DELETIONS FROM OUR WATCH LISTS: HAR is being removed from the Watch List as a nice winner! There are no other deletions unless a Watch List stock hits its stop loss. At your service, John Hopkins, Earnings Beats