EB Watch List Update Report

Dear Members: MARKET NOTE: A new day with the bulls doing their best to make sure Santa Claus is for real with hopes for a rally into year end. So far it's working out just fine today with all of the major indexes back above all key technical levels, essential for a move higher. An important ingredient today; oil is higher. That seems to satisfy traders, just like they don't like it when oil is lower. Next target to the upside on the S&P is 2091 with support at 2066. KEY EARNINGS REPORTS Companies reporting earnings today (December 29) include: There are no key earnings reports due out today Companies reporting earnings tomorrow (December 30) include: There are no key earnings reports due out on Wednesday ADDITIONS TO WATCH LISTS: We'll hold off on new additions for now with the year nearing an end and a brand new earnings season just a few weeks away. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List BSX - Stock is flat for the day with $19 remaining as our target. FB - Stock is up over 1.3% flat and a close above $107.77 would be bullish. Mid Cap Watch List COLM - Stock is up almost 4% on nice volume and a close above $49.58 would be very bullish. MPWR - Stock is up 1.3% and now back above all key technical levels. SBGI - Stock is flat with the 20 day moving average converging on the 50 day and a move below would be bearish. Needs to close back above $32.65 to regain the technical advantage. Small Cap Watch List AMKR - Stock is up just over 1% and our target remains $6.98. CALD - Stock is up slightly and needs to close back above $19.27 to get back on track. 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. At your service, John Hopkins, EarningsBeats