EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday: BBY, CPB, DKS, HD, MDT, SKS, TJX Wednesday: ADT, DE, GMCR, JCP, LOW, LTD, SJM, SPLS, WSM These are just a few of the companies reporting today and tomorrow. Please check earnings dates for any stocks you own. ADDITIONS TO WATCH LISTS: There are no additions to our Watch Lists today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: FSLR - Continues to be under short-term selling pressure, but I expect the rising 20 day EMA to offer up support. NSC - Down a little more than 1% today as railroads take a breather. NUS - Going against the grain today and rising. Keep in mind our Target Price here is 120.00 after our Initial Entry price hit of 111.00 last week. ROC - Nearly triggered our Second Entry at 68.25 earlier today. VMC - Consolidating just above price support and the rising 20 day EMA. Mid Cap Watch List: KFY - Negative divergence could be playing a role in the recent weakness. 23.00 would represent solid support based on the two recent lows. LXK - Testing its 20 day EMA support now, which has represented solid entry in the recent past. NTCT - Successfully tested its rising 20 day EMA thus far. This appears to be a handle on the recent cup that formed. OPEN - 79-81 should represent a solid entry (or re-entry) level on continuing short-term weakness.. TIBX - 23.75 is our closing stop. TIBX hit 23.40 earlier in the session, but has rebounded. Volume is very light, but if it closes below 23.75 today we'll remove it. UNFI - Recent weakness has allowed UNFI's MACD to reset near centerline support and its RSI to move closer to 40 support. I'd expect a rally here fairly soon. Small Cap Watch List: BLDR - Tested its rising 20 day EMA once again, but did so on light volume. Technically, it remains solid. ELY - Triggered Second Entry at 8.11. SIGM - Regaining strength on increasing volume. A close today above 8.40 would be short-term positive. ZLC - Has enjoyed solid support in the 14.75-15.00 range and it's testing it again today. DELETIONS FROM OUR WATCH LISTS: There are no deletions from our Watch Lists today, unless we have a position stop out. TIBX is one to watch into the close. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com