EB Watch List Update Report

Dear Members: MARKET NOTE: Trader's are in holiday mode at this point with all of the major indexes trading close to even. Volume is likely to be light today and for much of next week when the market will be closed on Monday. I will be brief today because not much has changed. The Dow in particular remains very stretched while the NASDAQ and S&P are at least showing some signs of weakening. Let's just say they've stopped going up for the moment, even though all of the major indexes remain above key technical support. So this is as good a time to just watch the market and ease up on the trading, at least until we get to January which is right around the corner. In the meantime resistance on the S&P remains at the most recent, all time high of 2277 while support remains at the 20 day moving average, now at 2240. KEY EARNINGS REPORTS Companies reporting earnings today (December 23) include: There are no key earnings reports due out today Companies reporting earnings Tuesday (December 27) include: There are no key earnings reports due out next Tuesday ADDITIONS TO WATCH LISTS: None at this time. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: SHORTS: None at this time LONGS: Large Cap Watch List None at this time Mid Cap Watch List None at this time Small Cap Watch List None at this time DELETIONS FROM OUR WATCH LISTS: None at this time I want to wish all of you the very best of the holiday season and hope you have a peaceful weekend. At your service, John Hopkins EarningsBeats