EB Watch List Update Report

Dear Members: First, please note that I will be conducting a webinar tomorrow evening at 7:30 pm eastern. Will be discussing key features and best way to use the Earnings Beats service including some examples of recent trades. You will receive room instructions prior to the webinar. Also the webinar will be recorded for those of you unable to attend the live event. MARKET NOTE: The market is off to a strong start today with both the NASDAQ and Russell 2000 hitting fresh all time highs. Though blue chips are lagging some compared to tech stocks financial stocks are strong today, a positive sign. And it's also a positive sign that traders are attracted to small cap stocks. Bond yields are back on the rise again today after pulling back last week with the yield on the ten year treasury note now back at 2.36%, almost a 10 basis point climb. A close above 2130 on the S&P would be bullish. ADDITIONS TO WATCH LISTS: There are no new 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 - Hit our second entry on Friday at $72 and is bouncing nicely today, up almost 2.4%. GPRO - Stock down almost 6% and closing below the 20 day, now at $56.62 would be bearish. Support lies in the $54-55 range MSFT - Needs to break down trend line; a close above $47 would be bullish. RYAAY - Stock up 3.5%, hitting a 52 week high; could use some more volume VMW - Up 1.6%; needs to clear $91 on the close with increasing volume which would be bullish. Mid Cap Watch List DLB - Has closing resistance at $41.22 which is right around where it is trading now; a close above would be bullish. FLTX - Continues in a nice uptrend, up 1.3% today TILE - Up 1.5% today and has been rising on strong volume; is very overbought technically; is up nearly 15% since we added to the Watch List on June 1. We are taking profits here but leaving the stock on the Watch List; target remains $28; GREAT TRADE! Small Cap Watch List CAMP - Stock is down 6% and back to our second entry at $18.75 DELETIONS FROM OUR WATCH LISTS: There are no other deletions from the Watch List today unless a Watch List stock hits its stop loss. At your service, John Hopkins, Earnings Beats