EB Watch List Update Report

Dear Members: MARKET NOTE: The market is firing on all cylinders today as traders have absorbed the Fed's rate announcement. As expected the market has made a big move with the NASDAQ hitting an all time high with the bulls regaining the technical advantage. A close above 2134 on the S&P would add to the bullishness. ADDITIONS TO WATCH LISTS: We are adding Ritchie Brothers Auctioneers (RBA) to our Mid Cap Watch List at current entry price of $29.03. All details with annotated chart will be added on our site prior to tomorrow's open. 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 - Down on an up day but approaching our second entry at gap support ($72) MAT - Making a short term breakout above $27. A close above that level would be bullish MKC - Using today's strength to take profits at $79.41 SO WE ARE REMOVING MKC from our Watch List. For those who hold next closing resistance is $79.61. Keep in mind that MKC reports earnings in less than two weeks. Mid Cap Watch List No comments today Small Cap Watch List No comments today DELETIONS FROM OUR WATCH LISTS: We are removing MKC from our Large Cap Watch List. GREAT TRADE! There are no other deletions unless a Watch List stock hits its stop loss. At your service, John Hopkins, Earnings Beats