EB Watch List Update Report

Dear Members: MARKET NOTE: A much more positive start to the day with all of the major indexes powering higher in lock-step. This comes with a weaker US dollar and higher bond yields. Commodities are participating to the move higher today as well. Key now is for the early gains to hold into the close. A close back above 2103 on the S&P would turn the momentum back over to the bulls. ADDITIONS TO WATCH LISTS: We are adding CTRP to our Large Cap Watch List at current price of $75.12 with a second entry at $72. The stock 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 - Attempting to clear 200 day SMA resistance. Close above 55.32 on increasing volume would be bullish. GPRO - Early weakness to test rising 20 day EMA. MAT - Finally showing strength after holding recent price support. MKC - First test on rebound will be the 20 day EMA and 50 day SMA, both in the mid 77s. RYAAY - Nice first day, but today's advance on very light volume. Mid Cap Watch List TILE - Nice day and 22.61 is key price resistance. Increasing volume and close above would be bullish. RH - Patience has paid off here as RH has regained its strength and appears headed for our $100.00 target. Up more than 10% now from entry point. Small Cap Watch List QIWI - Up more than 2.5% today, but light volume opens the door to manipulation. Still, nice start. 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