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Schaeffer's Daily Market Blog Features: DSW Inc., General Motors, Digital Insight, Children's Place Retail Stores, and Wal-Mart Stores.


CINCINNATI -- Among the stocks featured in the November 30 edition of Schaeffer's Market Blog are DSW DSW - penis war  Inc. (NYSE NYSE

See: New York Stock Exchange
:DSW), General Motors (NYSE:GM), Digital Insight (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:DGIN DGIN Digital Insight Corp (stock symbol) ), Children's Place Retail Stores (NASDAQ:PLCE PLCE Personal Load Carrying Equipment (British Army) ), and Wal-Mart Stores (NYSE:WMT (Windows Media Technologies) See Windows Media. ). Schaeffer's Market Blog is just one of the many free market commentaries written every day at www.SchaeffersResearch.com - the home of Bernie Schaeffer and Schaeffer's Investment Research. The Market Blog is written throughout every trading day by Schaeffer's financial analysts and traders. They are quick insights to the day's most notable market activity from an options perspective. To have this report delivered to you free via email every day click on the following link and you'll also get an opportunity to win an iPod Nano. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB PROB Probable/Probably
PROB Problem
PROB People's Republic of Bangladesh
13M&PAGE=1 .

Don't forget that many of our observations are available as audio presentations that you can hear on your computer or download from Apple's iTunes Music Store to play on a portable device such as an iPod. To see the full menu of podcasts, please visit http://www.schaeffersresearch.com/commentary/podcasts/.

1:28 PM Boots Made for Climbing

After hovering within a point of its 10-day and 20-day moving averages for the past two weeks, DSW Inc. (NYSE:DSW) is showing significant growth this last day of November. The footwear retailer's shares have jumped 13 percent, as of post time. This dramatic rise comes after yesterday afternoon's announcement that comparable-store sales for the third quarter increased 2.6 percent over the same period last year. The third-quarter net income was $16 million on net sales of $332.2 million; this after bringing in just $10.9 million on net sales of $302.2 during the 2005 third quarter. The company also made official their plans to open an additional 29 stores in the coming year. Whether the stock is able to hold such a high point through the end of trading today remains to be seen, but the early strength shows that DSW's recent successes have translated, at least for the moment, into trader confidence.

1:24 PM Oil Stocks Gain Ground

Despite weakness in the Dow Jones Industrial Average Dow Jones Industrial Average

The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange.
 (DJIA DJIA

See Dow Jones Industrial Averager (DJIA).
 - 12,213.0) this morning, many integrated oil stocks and oil services stocks are gaining ground. Yesterday's inventory report from the U.S. Department of Energy set the bulls loose, pushing crude futures higher. At last check, Murphy Oil (MUR Mur (mr), Hung., Slovenian, and Croatian Mura (m`rä), river, c. ) was up 1.25 percent, Sunoco was up 0.78 percent, Exxon Mobil (XOM XOM Exxon Mobil Corporation (stock symbol)
XOM X/Open Object Management
XOM OSI-Abstract-Data Manipulation API
XOM Xml Object Model
XOM X/Open Osi Abstract Data Manipulation
) was up 0.88, Chevron (CVX CVX ChevronTexaco (stock symbol)
CVX Comunidad de Vida Cristiana (Christian Life Community)
CVX Code Veronica X (game)
CVX Critical Viscosity of Xenon
CVX Carrier, Experimental
) was ahead 1.97, Valero (VLO VLO Valero Energy (stock symbol)
VLO Very Low Observable
VLO Landing Gear Operation Speed (aviation)
VLO Ventro-lateral orbital (area of the brain) 
) was up 0.27 percent, and ConocoPhillips (COP) advanced 1.08 percent. Meanwhile, Halliburton (HAL Hal: see Halle, Belgium.
hal

In Sufism, a state of mind reached from time to time by mystics during their journey toward God. The ahwal (plural of hal) are God-given graces that appear when a soul is purified of its attachments to the material world.
) gained 1.4 percent and Schlumberger (SLB SLB Solomon Islands (ISO Country code)
SLB Schlumberger Ltd. (oil field services firm)
SLB Server Load Balancing
SLB Sport Lisboa e Benfica (soccer) 
) added 1.07 percent.

Don't miss our daily Schaeffer's Fuel Report video, answering one simple question: if you have half a tank of gas, would it be best to fill up today or to wait? Join us each day as we sift through inventory data, crude futures prices, and geopolitical ge·o·pol·i·tics  
n. (used with a sing. verb)
1. The study of the relationship among politics and geography, demography, and economics, especially with respect to the foreign policy of a nation.

2.
a.
 news, looking for ways to save a buck or two at the gas station. You can find that video at our Audio and Video Center at http://www.schaeffersresearch.com/commentary/podcasts/

12:59 PM General Motors Resilient on Kerkorian News

The Duke of Detroit, General Motors (NYSE:GM), is coming under fire this afternoon, and captain Kirk Kerkorian's Tracinda is the antagonist yet again. The company reported that it is selling another 14 million shares of GM, bringing Tracinda's stake in the company to 4.95 percent. While the stock plunged more than three percent when the news hit the wire, GM has bounced back solidly, and was last seen lower by just 1.5 percent. Providing a layer of technical support, the security's 20-month moving average was tested on this share reaction, and held in stellar fashion. This rebound from news of additional selling pressure from the billionaire investor could mark a rather nice entry point for a long position in GM.

12:41 PM Bears Looking for Some Digital Insight

Bearish investors could be feeling the pinch on Digital Insight (NASDAQ:DGIN) today. The stock has rallied nearly 16 percent on news that Intuit (INTU INTU Intuit, Inc. (stock abbreviation, AMEX) ) has agreed to acquire the company for $39 per share - about an 18-percent premium to DGIN's close yesterday. Currently, more than six percent of DGIN's stock is sold short, and it would take nearly five days to buy back these bearish bets at the security's average daily trading volume. Furthermore, the stock's Schaeffer's put/call open interest ratio (SOIR SOIR Schaeffer's Put/Call Open Interest Ratio
SOIR Simultaneous Operations on Intersecting Runways
) of 0.83 ranks above all those taken during the past year. DGIN could see additional upside, should these pessimists decide to stampede for the exits.

12:25 PM Children's Place Declines Despite Solid Sales Figures

Shares of Children's Place Retail Stores (NASDAQ:PLCE) are suffering today after the company reported that November same-store sales rose 12 percent compared to expectations for a gain of 9.7 percent. Total sales rose 20 percent to $199.4 million. However, expectations among investors was apparently higher than those of Wall Street analysts. Heading into today's report, the stock's Schaeffer's put/call open interest ratio (SOIR) rested at 0.58 in the 21st percentile, indicating a decidedly bullish slant from the speculative crowd. There is some support for PLCE, however, as the shares are pulling back to long-term support at their rising 80-day moving average. PLCE has not closed a session below this trendline since mid-September.

11:38 AM Wal-Mart Drops

After opening at 46.5 this morning, Wal-Mart Stores (NYSE:WMT) has dropped almost 1.7 percent in the first hour of trading. Not a huge surprise to most analysts, this news shows the box store behemoth's shares continuing motion under the 10- and 20-day trendlines. WMT officials and shareholders alike would certainly like to see the stock rally or at least keep to a close above 46. The stock has not seen the underside of that number at the end of a day since September 7. The store confirmed this morning that November sales fell .01 percent, but assured that the company's same-store December sales would be flat to one percent higher. While sales have been disappointing in the apparel and home decor departments, sales on WMT's relatively low-priced electronics seem to be providing the buoy needed to weather the holiday season.

For more information on these stocks or any stock in your portfolio, feel free to visit our Schaeffer's Equity Scorecard feature. Click here to read all of today's Market Blog: http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB13C&PAGE=1.

Take advantage of the timely Schaeffer commentaries by signing up for their free e-newsletters -- Opening View, Market Recap and Monday Morning Outlook. Click here to have the Schaeffer's commentaries delivered to you free via email every day and get entered to win an IPod Nano. http://www.schaeffersresearch.com/redirect.aspx?CODE=PROB13M&PAGE=1.

About Schaeffer's Investment Research (www.SchaeffersResearch.com)

Schaeffer's Investment Research, founded by Bernie Schaeffer in 1981, is a financial information and trading resources company. It publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription newsletter. The firm's contrarian approach focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm's website, http://www.SchaeffersResearch.com , is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's. Click here for more details about Schaeffer's trading methodology: http://www.SchaeffersResearch.com/method .
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 30, 2006
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