EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday B, BIIB, DTE, FLIR, LEA, TYC, XRX Monday AMKR, APPL, BXP, CHDN, CR, DNB, GGP, HTZ, JLL, MGM, NCLH, PMCS, SWFT, TEN, UHS MARKET NOTE: The NASDAQ is shining today after a strong response to earnings from some key tech stocks, notably Amazon, up 15%. The NASDAQ got within one point of 5100 and within just over 30 points of its all time high of 5132 last seen in March, 2000. Meanwhile the Dow and S&P are having a rather lackluster session. The good news for the bulls is the S&P did put in a fresh all time high of 2120 yesterday, so a new target to shoot for. ADDITIONS TO WATCH LISTS: There are no additions to the Watch List today. However, as we get closer to the end of earnings season we will be looking for some additional high reward to risk trading candidates that meet our strict criteria of strong earnings and strong technical charts. Stay tuned! BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List PCLN - Nice gap up after finishing strong yesterday. Could use more volume but looks bullish. DATA - Made the breakout yesterday on increasing volume and looks bullish Mid Cap Watch List KLIC - Company reports its earnings in just over a week. Recent support has been at $15.50 and it's flirting with that level so WE ARE REMOVING THIS ONE FROM OUR WATCH LIST. ON - Down 3.6% but has still not violated any important stop levels. Trading in a range of $11.40 to $12.40. Small Cap Watch List RTEC - Stock is reporting earnings on Monday so WE ARE REMOVING THIS ONE FROM OUR WATCH LIST up 10% since first added. GREAT TRADE! DELETIONS FROM OUR WATCH LISTS: We are removing KLIC and RTEC from the Watch List. There are no other deletions unless a Watch List stock hits its stop loss. At your service, John Hopkins, Earnings Beats