EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday: AZO, HRB, TOL Wednesday: COST, JOY, MW, SIGM, VRA 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 are no additions to the Watch Lists today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: GOOG - Having another nice day. Stretched in terms of its momentum oscillators, but looks to see higher prices. HAR - Heavy volume today with breakout at 81.82. Today's open of 82.02 would suggest this is the real deal. Needs a solid finish, however. ROC - Pulling back on lesser volume, should find some support near 72.00. WSM - Triggered our Second Entry at the rising 20 day EMA (57.50). Mid Cap Watch List: FINL - Given the long-term negative divergence in play, we like Re-Entry at the rising 50 day SMA, currently at 25.08. NTCT - Appears to be losing 20 day EMA support, but on light volume. Still, the odds are increasing we'll get another test of the recent low at 28.00. RAD - Bouncing again off its rising 20 day EMA test. VIPS - MASSIVE volume today after selling off to trigger our Second Entry at 72.00. At last check, VIPS was back to 80.98, excellent recovery. Small Cap Watch List: BLDR - Threatening a close beneath 6.50, our closing stop. If it closes below, we'll remove it. Volume is light so you could consider holding and seeing if it recovers - it's an individual call. Personally, I believe a breakdown - if it occurs - will be temporary. ELY - Moved to fresh new recent low on increasing volume, not a great sign. But it is trying to reverse. A strong finish in the final hour would be more bullish near-term than the alternative. MMSI - Has broken beneath recent price support. Our Final Entry is at 14.40. The only support between the current price and that level is the rising 50 day SMA, currently at 15.10. RLD - Triggered our Second Entry at 8.20 yesterday and has bounced nicely thus far. It's also testing its rising 20 day EMA. SIGM - WE WILL REMOVE FROM OUR WATCH LIST AS EARNINGS WILL BE REPORTED TOMORROW. TASR - Is 2% off its earlier intraday high and still hovering close to its 20 day EMA. DELETIONS FROM OUR WATCH LISTS: SIGM is being removed today as they reports results on Wednesday. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com