EB Watch List Update Report

Dear Members, KEY EARNINGS REPORTS: Monday: None Tuesday: APOL, MU ADDITIONS TO WATCH LISTS: There are no additions today. BRIEF COMMENTS ON SELECT WATCH LIST STOCKS: Large Cap Watch List: BCR - Neared Second Entry at 127.50, now in gap support zone. HAR - Bouncing off 50 day SMA. LEN - Weak today, along with the homebuilding industry, but if you missed initial entry, 37.80-38.00 looks solid. VMC - Beautiful bounce off the rising 20 day EMA and the 57.75-58.00 support area discussed last week. Mid Cap Watch List: ASNA - Let's see how this one finishes, but the long tail to the top intraday suggests we could see a bit of short-term selling ahead. CRR - Approaching Third (and final) Entry at 108.00. Trying to recover off intraday low. Reward to risk solid here. LXK - Big volume again and threatening to close above 36.00 resistance. Bullish. NUVA - Bouncing off 50 day SMA. A close over 34.00 would be very bullish. TTEK - Up nearly 2% as it tries to close at its highest level since it was added to our Watch List. VIPS - After hitting our Target Price of 88.00 just a few days ago, VIPS has pulled back to test its rising 20 day EMA - we would use this level (82.18) as a Re-Entry Price. Small Cap Watch List: MMSI - Down 2% today and closing in on our Final Entry at 14.40. This is the best reward to risk entry level. NTRI - Very weak and back into its gap support zone. Our Final Entry of 16.00 nearly triggered (low was 16.03). RLD - Gave up all of its Friday gains on lethargic volume. DELETIONS FROM OUR WATCH LISTS: No deletions today. Happy trading! Tom Bowley Chief Equity Strategist EarningsBeats.com