The Club's 10 things to watch Friday, Aug. 8 — Today's newsletter was written by Jeff Marks, director of portfolio analysis 1. The S & P 500 is pointing to a higher open this morning after a modest pullback yesterday, keeping the index on track for a positive week. The Dow, after a sharp reversal yesterday, also was on track for a positive open. 2. Several analysts defended Club name Eli Lilly after yesterday's 14% plunge on disappointing data for its obesity pill. Morgan Stanley called it "overdone. JPMorgan said the pullback creates a "compelling entry point." Goldman Sachs said the sell-off implies the pill is an impaired asset, which simply isn't the case. We downgraded Lilly yesterday. Lilly shares were up about 1.7% in the premarket. 3. Shares of The Trade Desk sank 30% this morning.

See Full Page