EB Watch List Update Report

Dear Members: MARKET NOTE: A negative tone today after two up days with all of the major indexes lower. Only the NASDAQ remains above one key technical level, its 20 day moving average. The bulls still have time to turn things around but they best get to work. In the meantime a close back above 2103 would be a start and would come an an important time since the 20 and 50 day moving averages are touching on the S&P and the bulls do not want to see the 20 day close below the 50 day as it would be bearish. 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 - Gapped down to 20 day moving average and is bouncing nicely GPRO - Gapped down to its 20 day moving average and bounced nicely, up 2.5% MAT - Looking for the 20 and 50 day moving averages to hold RYAAY - Bucking the trend today and is higher; Breakout would be a close above $70.61; MACD looks solid, could use more volume. Mid Cap Watch List DLB - Major gap support remains at $38.77 Small Cap Watch List No comments on small cap stocks today; all are holding up fine considering today's market weakness. 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 and will be back Monday with my next EB Watch List Update Report. At your service, John Hopkins, Earnings Beats