EB Watch List Update Report

Dear Members: This is a brief update today, given the holiday shortened day and week. The market continues to consolidate here with the S&P struggling to clear the 2100 level. Just not enough interest at the moment. So short of the S&P getting back above 2100 the bulls don't have much to work with. As far as existing Watch List stocks I do want to point out that NKE has exceeded our price target of $133 so we are going to remove it from the Watch List. GREAT TRADE! Also, we are adding a new stock to our Watch List, Imperva, Inc. (IMPV) at the current price (as of this email) of $$76.73 with a second entry on a pullback at $72.08 (rising 20 day moving average) with a price target of $94 and a closing stop of $68. Please note that this stock can sometimes have a decent spread between the bid and ask price and especially when volume is light on a light trading day like today. That's it for today! 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