EB Watch List Update Report
Dear Members:
Please note that we are adding two stocks to our Watch List as shown below.
Market Note:
Apple reported its earnings after the bell last night and so far has gotten a positive response which is helping to lift the market higher. The bulls were successful in holding important support on the S&P at 2060 with an eye on higher prices. At the same time we've got the Fed rate announcement coming out later today though no one expects them to do or say anything that would be harmful to the market. Now the bulls will be aiming for 2100 on the S&P, a level not seen since August 18. And it's coming as the market gets ready to head in to a more bullish time of the year.
Key Earnings Reports
Today is a big earnings day, especially with the largest market cap company in the world, Apple,
reporting its numbers after the bell. And when AAPL reports, the market listens.
Companies reporting earnings today (October 28) include:
AMGN, ADP, AN, ABX.TO, BAH, BSX, LNG, CQH, DRE, FFIV, FMC, GRMN, GD, GSK.L, GPRO, HSY, HES, HLT, ICE,
IP, LVLT, LNC, MAR, MUR, NEM, NSC, NOC, OXY, PCG, PSA, SO, HOT, SU.TO, VLO, VRTX, WDC and WMB
Companies reporting earnings tomorrow (October 29) include:
AET, ALU.PA, ALXN, ALLY, MO, AMT, AVT, BIDU, BLL, BAYN.DE, BWA, BXP, BC, CHTR, CME, CMS, COP, DLPH, EA, EXPE, FSLR, FLR, GCI, G.TO, GT, HAR, HST, JCI, LLL, LC, LNKD, MPC, MA, MCK, MGM, SHW, SBUX, TWC, TRMB and WU
Additions to Watch List
First, please note that we have added a bunch of stocks to the Candidate Tracker that are now available for your review. We expect to add more as earnings season continues.
Also, we are adding two stocks to our Watch List:
Flextronics (FLEX) at the current price of $11.25
Smith & Wesson (SWHC) at the current price of $17.98
Please note that additional details, including second entry, price target and stop loss will be provided later today and added to our site.
BRIEF COMMENTS ON SELECT WATCH LIST STOCKS
VRA is the only active stock excluding our two additions today. 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