EB Watch List Update Report

Dear Members, MARKET NOTE: A pretty quiet day so far today with the NASDAQ showing some life as it move back above 5100. Traders are waiting to hear what Fed Chairwoman Janet Yellen has to say later today. It's a long holiday weekend so trading is likely to be light. The bulls would love to add on some points but ending the week flat would be fine with them as well. ADDITIONS TO WATCH LISTS: There are no additions to the Watch List today. We're being a little cautious with the market in an historically weak period that ends sometime next week. Will revisit new opportunities after the long holiday weekend is over. 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 - Stock is higher after hitting both first and second entries GPRO - Made breakout other day on continuing volume and is continuing advance with a strong MACD MAT -Stock hit both of our entries and is bouncing off its 50 day moving average MKC - Down on light volume but looks good technically Mid Cap Watch List FLTX - Up 2.5% today and increasing volume would be bullish. A move below the 20 day on increasing volume would be bearish. RH - Looking for breakout over $92.50 which would be bullish Small Cap Watch List CAMP - Up 1.8% after coming off high of the day. A close above $20.34 would be next bullish step on the stock. MMSI - Pulling back but we expect a rising 20 day ema to offer support SWHC - We have noticed a negative divergence develop on this stock with volume coming out of it. We are going to REMOVE SWHC FROM OUR WATCH LIST a nice winner up 20% between two entries. GREAT TRADE! DELETIONS FROM OUR WATCH LISTS: We are removing SWHC from our Watch List. There are no other deletions unless a Watch List stock hits its stop loss. I want to wish everyone a restful weekend and I will be back Tuesday with the next EB Watch List Update Report. At your service, John Hopkins, Earnings Beats