EB WATCH LIST UPDATE REPORT
Dear Members,
MARKET NOTE:
Stocks are holding up well today after yesterday's record highs on the Dow and S&P. This is coming with bond yields higher, oil lower and the US dollar remaining mostly weak. The VIX shows traders are comfortable at the moment being long stocks. New highs on the Dow and S&P are now 18,325 and 2131, respectively.
ADDITIONS TO WATCH LISTS:
There are no additions to the Watch List 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
CAM - Triggered second entry at $51.05. A close back above $51.43 would be a good finish.
GPRO - Big short term resistance for now is $52.96
MAT - Hit our second entry today of $26
MKC - At its high since initial entry
Mid Cap Watch List
DLB - Consolidating on light volume
RH - Stock got as high as $92.31 today and a close over $92.01 on increasing volume would be bullish.
Small Cap Watch List
CAMP - Stock is up over 2% today and a close above $20 on increasing volume would be bullish
MMSI - Stock is up 1.5% today and a close above $20.89 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