EB Watch List Update Report

Dear Members: MARKET NOTE: The Market is in holiday mode today as traders turn their attention to family and friends. The market closes at 1:00 today and will remain closed until Monday. Thus, volume will be quite light with the bulls pleased if they can at least hold on to the bulk of the recent gains. The mood has certainly changed the past few sessions with the VIX back below all key technical levels, a plus for stocks. And the major indexes have firmed up some as well with the NASDAQ back above all key technical levels while the Dow and S&P are respectively hugging their 50 and 200 day moving averages as the bulls look to end the year on a positive note. For now a close above 2064 on the S&P would be a first step to preserve the recent momentum while the bulls will be looking to hold 2052 on any selling. KEY EARNINGS REPORTS Companies reporting earnings today (December 24) include: There are no key earnings reports due out today Companies reporting earnings Monday (December 28) include: There are no key earnings reports due out on Monday ADDITIONS TO WATCH LISTS: No additions today BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List BSX - Stock is flat as a pancake with our target remaining at $19. FB - Stock is flat and a close above $106.79 would be bullish. Mid Cap Watch List COLM - Stock is trying to move back above its 20 day moving average and a close above $46.34 would be bullish. MPWR - Stock has moved back above all key technical levels which is bullish. SBGI - Stock is up slightly as it tries to move back above its 20 day moving average of $32.77 which would be bullish. Small Cap Watch List AMKR - Stock is up slightly and our target remains $6.98. CALD - Stock is down over 2% and back below its 50 day moving average. If it remains below $19.21 there could be additional selling. DELETIONS FROM OUR WATCH LISTS: There are no deletions from the Watch List today unless a Watch List stock closes below the stop loss provided. I want to wish everyone a very pleasant holiday season and I will be back Monday morning with my EB Watch List Update Report. At your service, John Hopkins, EarningsBeats