EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Tuesday: FDS, JBL, PAY, TECD Wednesday: FDX, GIS, LEN, NAV, ORCL, PAYX 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: HAR - Volume is picking up as it once again attempts to clear 82.50 into the close. Looks good. HAS - Hit its 50 day SMA, resetting its daily MACD near centerline support in the process. I'd expect a rally from here. MCHP - Following the semiconductor group higher today after recently triggering Second Entry at 41.50. PRGO - Gapped lower today, but has been rallying since the open - and on heavy volume. Nice action. ROC - Recovering nicely off its rising 20 day EMA - that's been the theme for this one. SPLK - Bouncing off its 20 day EMA. Mid Cap Watch List: AYI - Once again approaching price resistance near 106.00-107.00. Our Target Price is 107.00. FINL - Another big move higher today after recently testing - and triggering our Initial Re-Entry Price - its 50 day SMA. GNTX - The volume has been excellent supporting the latest breakout here. RSI is now above 80 so consider taking profits along the way. GNTX hit our Target Price back at 31.00. Given this breakout, a fresh measurement would be to 35.00. AWAY - Now up approx 6% since our Initial Re-Entry price. Our Target Price is 44.00, although resistance could be felt near 40.00. LXK - Underperforming. Our Closing Stop is 32.90 and we'll honor it. LOCK - Rapidly approaching our Final Entry at 15.05. NTCT - Triggered Second Entry at 27.50 and quickly approaching Final Entry at 27.07. I still like the stock and this represents the best reward to risk entry level. TTEK - Resides near 27.00, which is the intersection of price and trendline support. VIPS - Nice hammer on the 50 day SMA thus far. Small Cap Watch List: ELY - Touched resistance at 8.00, then fell back. A close above would be bullish. NTRI - Need to see a reversing candle soon. Volume is picking up on the selling as NTRI approaches our next entry at 16.75. DELETIONS FROM OUR WATCH LISTS: There are no deletions today, other than those that could occur naturally due to closing stop violations. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com