EB Watch List Update Report

Dear Members: MARKET NOTE: The market is higher for two days in a row, something the bulls aren't used to seeing lately. The gains come as retail sales numbers beat expectations and as the bulls try to add on to yesterday's nice move higher. The Dow remains particularly technically challenged here with its 20 day moving average having crossed below its 50 day, never an encouraging development. So we'll want to watch and see if today's early gains hold or if yesterday was simply an oversold bounce. ADDITIONS TO WATCH LISTS: There are no additions to the Watch List 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 CTRP - Off earlier highs but so far holding its rising 20 day ema GPRO - Been volatile of late but continuing to look for the 20 day ema to hold VMW - $90.97 is closing breakout. A close above this level would be bullish. Mid Cap Watch List TILE - Was in breakout territory yesterday but failed to close above $22.61. A close above that level would be bullish. RH - Uptrend continues; earlier high of $97.10 starts approaching our target of $99.50; don't hesitate to take nice profits! Small Cap Watch List QIWI - Stock down over 4% on heavy volume and threatening to close below our $27.50 stop. IT THE STOCK CLOSES BELOW THE $27.50 LEVEL IT WILL BE REMOVED FROM THE WATCH LIST. 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