EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday: ADI, CHS, EV, HPQ, JASO, LDK, PLCE, PLL, TIF, ZLC Wednesday: GES 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 is one addition to our Watch Lists, as follows: Large Cap: WSM, $5.65 billion market cap - entering at current price (59.19) with 2nd entry at the rising 20 day EMA (currently 56.17) and final entry at 55.75. More details on annotated chart over the weekend. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: GOOG - Extending yesterday's breakout, today with more volume which is bullish. ILMN - Today's intraday low was 96.54, just four pennies above our Initial Re-Entry of 96.50. ROC - Bouncing nicely after triggering all three entry points recently. Initial price resistance will be felt at 70.53. VMC - 57.79 is the closing breakout level. Today's intraday high was 57.87, but VMC is now below the breakout level. Volume is strong so a big finish would be bullish. Mid Cap Watch List: AYI - Nice recovery off of Initial Re-entry at 99.39. 105.39 will be a level to watch for short-term traders, even though our target remains at 107.00. DWRE - Strengthening again after last week's secondary public offering related selloff. GNRC - Has broken out again on expanding volume - bullish. AWAY - At today's low, AWAY tested its recent breakout level and nearly reached its rapidly rising 20 day EMA. It has since recovered with a bullish doji printing. KFY - We adjusted our trading strategies on this one recently and our Second Entry at 23.00 triggered today. LXK - One of today's weakest performers and perhaps one of the most vulnerable. Volume has increased slightly, but we do have a Third Entry at 34.00. MEI - Continues its march higher, up 2% today, as price resistance near 30.00 moves closer and closer. NTCT - Making its next breakout on very solid volume. Bullish. RAD - The bulls are running with this one as volume expands AGAIN. 6.00-6.25 would seem to be the next target. THOR - Successfully testing its rising 20 day EMA again today. VRNT - Will be coming off Watch List soon as earnings aren't far off. The pre-earnings run is continuing today with VRNT potentially closing at its highest level in a month. VIPS - Nice recovery off 20 day EMA. Small Cap Watch List: BLDR - up nearly 6% at last check as it attempts to close at its highest level during November. LIOX - For the first time since we added LIOX to our Watch List a month ago, it's having a bad day, losing more than 9%. For aggressive traders, the rising 20 day EMA could provide a lift near-term. RLD - Making its next breakout, up 7% on the session - bullish. DELETIONS FROM OUR WATCH LISTS: There are no deletions today. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com