EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Wednesday: FDX, GIS, LEN, NAV, ORCL, PAYX Thursday: ACN, CCL, CTAS, DFS, KBH, NKE, RAD, RHT, WOR 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: BCR - Nice reversal today off 50 day SMA. SCHW - Nice breakout today, solid volume. GOOG - Bounced off earlier test of 20 day EMA. HAR - down earlier, but now showing follow through on Tuesday's breakout - bullish. M - another successful 20 day EMA test. NKE - Been a solid performer, but WE ARE REMOVING NKE FROM OUR WATCH LIST. NKE reports earnings tomorrow. VMC - Threatening a breakout over 58.00. Could use more volume, but the daily MACD has been reset which is good. Mid Cap Watch List: AYI - Not far from our 107 Target Price. ASNA - Love today's bullish engulfing candle. AZPN - Nice volume on this latest breakout. GNRC - Breaking out, but could definitely use more volume. AWAY - Highly volatile, but super gains since our re-entry a week ago. LXK - Been a bad performer, but like ASNA, I love the reversing candle today. If ever it's going to move, it should be now. LOCK - Came within two pennies of triggering our Second Entry at 15.05 on Tuesday. Bouncing today. NTCT - Beautiful recovery off price support near 27.50. TTEK - Weak today, nearly touched our Second Entry before reversing a bit. Small Cap Watch List: RLD - Trading above 8.60 for the first time in two weeks. TASR - Up today, but simply range bound for now. DELETIONS FROM OUR WATCH LISTS: NKE and RAD. Both report earnings on Thursday. RAD is scheduled to report before the opening bell. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com