EB Watch List Update Report

Dear Members, MARKET NOTE: Stocks are mixed however the bulls should feel decent today considering the retail sales report out this morning showed a reading of 0.0%. That zero reading is pretty unimpressive and shows consumers have tightened their wallets, never great for the economy. On the other hand, the weak reading has helped to keep bond yields in check with the ten year treasury note at 2.23% this morning compared to 2.37% on the spike higher yesterday. The yield retreat has at least put equity traders more at ease but apparently not enough to drive stock prices much higher. ADDITIONS TO WATCH LISTS: We are adding a large cap stock, Cameron International (CAM) with entry at current price and a second entry at $51.05. Target is $61 with a closing stop of $48.66. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Short Watch List: There are no Short Watch List stocks at this time. Large Cap Watch List GPRO - Bounced off 20 day ema again MAT - Approaching our second entry level at $26 Mid Cap Watch List DLB - Up fractionally on light volume RH - Still in down trend first sign of reversal would be close above 20 day ema Small Cap Watch List No comments on small caps today DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop loss. At your service, John Hopkins, Earnings Beats