EB Watch List Update Report

Dear Members: MARKET NOTE: The market has tacked on a few gains today with the NASDAQ has maintaining its top notch status as it nears being technically overbought. For sure traders are almost solely focused on earnings as they get ready for a week packed with numbers. This includes Apple, the largest market cap company in the world, and MSFT, both which will report earnings after the bell tomorrow. So far traders must like what they have seen with the NASDAQ topping 5200 for the first time very last week and the S&P nearing its all time high. A close above 2130 would be bullish. The VIX remains on the low end of the spectrum with traders comfortable at the moment being long stocks. So far a nice start to the new trading week. KEY EARNINGS REPORTS Companies reporting earnings today (July 20) include: HAL, HAS, IBM and MS Companies reporting earnings tomorrow (July 21) include: AAPL, BHI, BK, CMG, FITB, GPRO, HOG, ISRG, LMT, MSFT, AMTD, TRV, UTX, VZ, YHOO CANDIDATE TRACKER: We are removing some stocks and adding some stocks to our Candidate Tracker report today. ADDITIONS TO WATCH LISTS: We are adding two stocks to our Watch List today: COTY, Inc, (COTY) a Mid Cap stock. Entry at current price of $27.91. A chart, showing all other details, including second entry, price target and stop loss will be added to our site prior to Tuesday's open. Men's Warehouse (MW) a Mid Cap stock. Entry at current price of $61.95. A chart, showing all other details, including second entry, price target and stop loss will be added to our site prior to Tuesday'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 RYAAY - Stock is hovering near our raised closing stop of $73. We are being cautious here because of the negative divergence. MSFT - Stock reports its earnings after the bell tomorrow so we are TAKING PROFITS HERE AT $46.76. GREAT TRADE! Mid Cap Watch List GPRO - Stock is up 5.0% today, reports its earnings tomorrow and is near price resistance near $60. Accordingly, WE ARE TAKING PROFITS HERE AT $59.48. GREAT TRADE! Small Cap Watch List EBIX - Stock is below both of our entry prices. As a reminder we have a closing stop at $30 and will honor it if it closes below that level. DELETIONS FROM OUR WATCH LISTS: We are removing MSFT AND GPRO. There are no other deletions from the Watch List today unless a Watch List stock hits its stop loss. At your service, John Hopkins, EarningsBeats