EB Watch List Update Report

Dear Members, MARKET NOTE: The market is fairly flat today as traders wait for the minutes from the last FOMC meeting. Overall action remains bullish even with the US dollar rallying some. New targets for the bulls are now 18,351 on the Dow and 2133 on the S&P, yesterday's all time highs. 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 GPRO - Volume pretty decent on the move higher today. A close above 52.96 we mentioned yesterday would be bullish. If it fails to close above that level it could be a near term top so don't hesitate to take profits. MAT - Testing its 50 day moving average Mid Cap Watch List FLTX - Is gap resistance at $42 plus is testing the 20 day from underneath and initial attempt this morning failed. This stock is up 6% since we added in just a few days so this would be a good place to take some profits. We considered removing but will keep it on the list for now and monitor closely. A close above $42.38 would be bullish. Small Cap Watch List MMSI - Got a closing breakout yesterday on decent volume now looking for follow through. 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