EB Watch List Update Report

Dear Members: MARKET NOTE: Trouble brewing this morning with all of the major indexes lower. At this point the S&P is challenging yesterday's low of 1937 with 1927 in sight as the next level of support. The market continues to be on high alert with the Fed interest rate decision looming next week. Will traders try to "show the Fed" one more time that a hike won't be well received? It's possible. And the best way to do that would be with lower stock prices into the decision. The VIX continues to show a nervous trader as it remains above 25. It's still well below the most recent spike over 50 but indicates traders are proceeding with caution. Bottom line? It's one of those time to sit on our hands until we see further clarification which could come by the middle of next week. That's only a few trading days away and the picture could look much different by then. KEY EARNINGS REPORTS Companies reporting earnings today (September 11) include: KR Companies reporting earnings Monday(September 14) include: UNFI ADDITIONS TO WATCH LISTS: No additions today BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Comments today are largely the same as yesterday. Large Cap Watch List AMZN - Stock remains solid and remains above all key technical levels. A close above $535 would be bullish. LEN - Stock continues to hover near key technical levels. Like to see it close back above $51.84. Mid Cap Watch List NUVA - Stock is back over all key moving averages and a close above $53.75 would be bullish. Small Cap Watch List RUBI - Stock needs to close back above $14.85 to have a chance of making further progress to the upside. DELETIONS FROM OUR WATCH LISTS: There are no deletions from the Watch List today unless a Watch List stock closes below the stop loss provided. I want to wish everyone a restful weekend and I will be back with my EB Watch List Update Report on Monday. At your service, John Hopkins, EarningsBeats