EB Watch List Update Report

Dear Members: MARKET NOTE: A positive day so far as traders seem fine with the ADP employment report and in spite of a weaker than expected ISM services report. Bond yields continue to spike with the ten year treasury note hitting 2.35% at its peak today, a full 25 basis point above last Friday's close. This comes just ahead of today's Beige Book release at 2:00 pm eastern. The NASDAQ continues higher today almost touching 5114 earlier in the session. A move above the most recent high of 5119 would be bullish for the market. ADDITIONS TO WATCH LISTS: There are no new additions 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 - Setting fresh recent highs as it moved over $60 earlier in the session with strong volume and a strong MACD; Getting close to being technically overbought so don't hesitate to put some profits in your pocket. MAT - Not participating in any moves higher but hanging above our closing stop of $25.25 MKC - A couple of tails below the 20 day moving average but holding so far VMW - Having a strong day, up over 2% on nice volume, and a close above $91 would be very bullish Mid Cap Watch List DLB - Continues uptrend after recent second entry at $38.77 RH - Continues to bang up against $92.50. Close above would be bullish. Could use some more volume. Small Cap Watch List MMSI - Increasing volume yesterday with close at $21. Close above this level 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