EB Watch List Update Report

Dear Members, MARKET NOTE: A much better looking picture for the bulls today then the past few sessions with all of the major indexes up in lockstep. The US dollar continues to weaken while bond yields steady, both good for stocks at the moment. Options expire tomorrow so some of what we are seeing today could have to do with options squaring. The Dow is now within 75 points of its all time high; the S&P got within 10 point of its all time high; and the NASDAQ is getting some distance from the 5000 level. Now the bulls are hoping the nice early gains hold into the close. ADDITIONS TO WATCH LISTS: We are adding a small cap stock, CalAmp Corp (CAMP) with entry at current price and a second entry at $18.75. Target is $21.75 with a closing stop of $18.00. Details and annotated chart will be added to our site prior to Friday'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 GPRO - Up 1.3% today. A close above $50.21 would be a first step towards regaining its uptrend MAT - Just missed our second entry level at $26 and is now rebounding MKC - Up over 1% today. $78.27 is the next breakout URBN - Stock gapped up near its 20 day and reversed and hit gap support at $39.51. Going to keep a tight stop just below gap support at $39.50. Mid Cap Watch List RH - Down today on light volume as it continues to struggle to get above its 20 day Small Cap Watch List MMSI - Next breakout would be a close above $20.89 SWHC - Looking for a close above $15.21 which would be bullish 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