EB Watch List Update Report

Dear Members, MARKET NOTE: We're seeing a strong start to the day on better than expected jobs numbers that have all of the major indexes substantially higher. The Dow is leading the way higher, up almost 1.5%, the NASDAQ is trying to climb back over 5000 after getting hit the hardest lately and government bond yields are lower, even with the strong jobs report. So the response couldn't get much better for the bulls with all of the major indexes back over key technical levels. Now we'll be watching to see if traders are willing to hold stocks into the weekend and if the early gains hold into the close. ADDITIONS TO WATCH LISTS: We are adding MMSI to our watch list at the current price with a second entry at $19.75, a target price of $23 and a closing stop of $19.24. The annotated chart and information will be added to our site prior to Monday's open. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List MKC - The close back above the 20 day moving average yesterday was positive with the stock up over 1% today. URBN - Would be bullish if the stock can close back above its 20 day ema, now at $41.54 CSCO - Stock is up over 1.5% today. A close over $29.32 would be bullish. Note that CSCO will report earnings next Wednesday so will be coming of prior to its report. Mid Cap Watch List RH - Stock is up over 2.5% today and a close above $89.67 would be bullish Small Cap Watch List No comments on Small Cap stocks today DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop loss. I hope everyone has a restful weekend. At your service, John Hopkins, Earnings Beats