EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Friday: BBRY, CTB, FINL, KMX, NAV, WAG Monday: CAMP These are just a few of the companies reporting today and Monday. Please check earnings dates for any stocks you own. There will be few companies reporting during the week of Christmas. I did not see ANY of our Watch List stocks scheduled to report. ADDITIONS TO WATCH LISTS: There are no additions today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: GOOG - Continuing to march higher and volume is strong this morning. HAS - Shows a HUGE hollow candle, but I believe there was an error at the open. I doubt HAS ever traded at the 50.22 price reflected. LEN - Watch the 37.76 level. A breakout and close above that would be bullish. M - Potential cup forming. SPLK - Continues to trade at or just above its rising 20 day EMA. VMC - 57.79 is the number. A close above that level would represent the next breakout. Volume is heavy early, so we're likely either seeing a breakout or a short-term top - to be determined by today's close. Mid Cap Watch List: CRR - Hovering just above our Second Entry at 113.50. FDML - Our Second Entry is at 17.50 and today's low was 18.05. That 17.50 level represents gap support from after earnings and should be strong. FOE - Testing its 50 day with an RSI at 44 - generally a nice spot for entry. LXK - In the midst of a solid rally after triggering all of our entries and then nearly stopping out. Small Cap Watch List: ELY - Has been very strong of late. 8.73 is the closing breakout level and it could certainly be used to take short-term profits. MMSI - Seems as though it's simply drifting towards our Final Entry at 14.40. Down over 3% today, but volume is extremely light. NTRI - Triggered our Second Entry at 16.75 and is quickly approaching our Final Entry at 16.00. Strength later today with a close back above 16.66 would be EXTREMELY bullish. DELETIONS FROM OUR WATCH LISTS: There are no deletions at this time. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com