EB Watch List Update Report

Dear Members: MARKET NOTE: The market is flat today but the bulls will take that after yesterday's nice move to the upside. Yesterday's move was powerful as it took all of the major indexes back above all key technical levels. And it comes as we move into a historically bullish time of the year. The move higher was largely due to the Fed reiterating an increase in rates could take place in December. So some uncertainty removed from the equation which traders always like. Now we want to watch to see if the S&P holds 2064 on any selling; that's an important level. To the upside 2100 is now the goal. KEY EARNINGS REPORTS Companies reporting earnings today (November 19) include: ADSK, BBY, GPS, INTU, SJM and ROST Companies reporting earnings tomorrow (November 20) include: ANF and FL ADDITIONS TO WATCH LISTS: We are adding two stocks to our Watch list: Boston Scientific (BSX) with a first entry at its current price (as of this email) of $17.57 and a second entry level of $16.82 on a pullback and a target of $19 with a stop loss of a close below $16.42. Wyndham Worldwide (WYN)with a first entry at its current price (as of this email) of $77.24 and a second entry level of $74 and a target of $86.75 with a stop loss of a close below $73. All information will be added to the site today under the Watch List section. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List NKE - Stock is up slightly today and a close above $127.20 would be very bullish. FLEX - Stock needs to first close above $11.11 to regain some technical advantage. Mid Cap Watch List EEFT - Stock is up slightly and a close above $78.39 would be bullish Small Cap Watch List SWHC - Stock is down slightly and a close back above $17.86 would be bullish. DELETIONS FROM OUR WATCH LISTS: We removed CTXS from our Watch List as it closed below our stop loss of $71.75. There are no other deletions from the Watch List today unless a Watch List stock closes below the stop loss provided. At your service, John Hopkins, EarningsBeats