EB Watch List Update Report

Dear Members: MARKET NOTE: Traders continue to exercise caution here though the Dow and S&P are closing in on being technically oversold. Yet traders aren't exactly jumping in both feet here. One worrying sign is the 20 day moving average on the S&P is almost touching the 50 day and a move below would favor the bears. So this would be a very good place for the bulls to take a stand. So far 2074 support on the S&P has held; 2067 is next. Any positive close would be welcome by the bulls. ADDITIONS TO WATCH LISTS: We are adding two stocks to our Watch List: RYAAY - Adding to our Large Cap list at current price of $68.67 with a second entry of $67. QIWI - Adding to our Small Cap list at current price of $28.96 with a second entry of $28. Both stocks will be added to the Watch list on our site prior to tomorrow's open with full details including target and stop loss. 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 - Going against the grain today. Continues to squeeze between falling 200 day and rising 50 day moving averages. GPRO - Selling off from overbought conditions. Watch 20 day rising 20 day ema for support. VMW - Bouncing off its rising 20 day moving average which is bullish Mid Cap Watch List TILE - Stock in a range from $21.34 to $22.61 and a close above $22.61 would be bullish. RH - Finally closed above $92.50 which has now become support Small Cap Watch List No comments on small caps today 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