EB Watch List Update Report

Dear Members: MARKET NOTE: Traders are trying to figure out if today's blowout jobs report is good for the market or bad for the market. The bulls will argue that more jobs are better for the economy while the bears will point out it gives ammo to the Fed to raise rates. As usual the answer probably lies somewhere in between. What matters most is what the market thinks and so far stocks are trading close to their respective flat lines. So today's close might help clarify what traders are thinking with the bulls wanting to see a close above 2100 on the S&P so they can quickly regain the technical advantage. ADDITIONS TO WATCH LISTS: There are no new additions today; still remains too choppy out there at the moment so let's revisit come Monday. 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 - Has struggled getting through its 200 day moving average and tried again today. A close above $53.75 would be very bullish. VMW - A close above $90 would be bullish Mid Cap Watch List DLB - Nice test of rising 20 day moving average earlier today FLTX - Up 2% today as it tries to clear its 50 day moving average of $43.70. Is also gap resistance at $44.66. Small Cap Watch List CAMP - Getting close to second entry of $18.75 which also coincides with its rising 50 day moving average DELETIONS FROM OUR WATCH LISTS: There are no deletions unless a Watch List stock hits its stop loss. I want to wish everyone a restful weekend. At your service, John Hopkins, Earnings Beats