EB Watch List Update Report

Dear Members: Market Note: The market is a bit soft today after the significant run up of late. Honestly, the market could use a breather here after rising pretty much non-stop. In fact, the Dow is technically overbought while the NASDAQ and S&P aren't far behind. It doesn't mean the market can't go higher here; there's quite a bid under the market for sure. And the good news for the bulls is they fared quite well through one of the most bearish periods of the year that will end tomorrow. Right now the next key level of resistance on the S&P is near 2100 with the 200 day at 2060 an important technical level of support the bulls need to hold if they want to keep this rally going. So we've still got a bullish picture here but the rally is a bit long in the tooth and some selling to cool things off some would not be so bad. Key Earnings Reports Companies reporting earnings today (October 26) include: BRCM, FDC, IACI, MGM, TCO, TFSL and XRX Companies reporting earnings tomorrow (October 27) include: AFL, AKAM, BABA, APC, AAPL, BAX, BMY, CHRW, COH, GLW, CMI, DDR, DD, EIX, ESRX, FISV, F, GILD, HCA, IR, JBLU, KKR, MMC, MAS, MRK, NCLH, PCAR, PNRA, PFE, RAI, TMUS, AMTD, TXT, TWTR, UPS, UTHR, UHS, VRSK and WM Additions to Watch List First, please note that we will be adding a number of stocks to our Candidate Tracker by tomorrow as we go through hundreds of companies that just reported earnings to see which ones make the cut. We'll also begin scouring those stocks that show the greatest potential to move higher that will become part of our Watch List for members. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS Presently, VRA is the only active stock but that will begin to change over the next few days. The stock continues to consolidate and needs to close back above $13 to make further progress to the upside. At your service, John Hopkins, EarningsBeats